Michael porter - Study guides, Class notes & Summaries
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APIC CSCP Module 1 Questions and Answers 100% Pass
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APIC CSCP Module 1 Questions and 
 
Answers 100% Pass 
 
What would be the best tool to use to balance a set of complex priorities for a supply chain that 
includes cost minimization, resilience, and time to market? Operations research 
 
A design engineer is creating a product that conforms to customer needs according to market 
research. Which of the following is the most important secondary design element that the 
engineer should include in the design? It can be sold for a positive return. 
...
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LSUS ISDS 705 Module 2 Questions and Answers
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LSUS ISDS 705 Module 2 Questions and Answers 
1991 Erik Brynjolfsson - Communications of the ACM, "The Productivity Paradox of 
Information Technology: Review and Assessment" - Correct Answer ️️ -the addition of 
information technology to business had not improved productivity at all 
Explanations of productivity paradox - Correct Answer ️️ -1. Measurement of outputs 
and inputs 2. Lags due to learning and adjustment 3. Redistribution and dissipation of 
profits 4. Mismanagement of inf...
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SHRM-CP Assessment Study Guide Test.
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SHRM-CP Assessment Study Guide Test. 
 
 
What type of business problem is solved most appropriately by using Six Sigma tools? 
 
Minimizing inventories and redundancies 
 
Speeding up processes 
 
Improving quality 
 
Improving work flows - CORRECT ANSWER Improving quality 
Rationale 
 
Quality issues can be solved by using Six Sigma tools. Six Sigma is a strategy that identifies and removes the causes of defects and errors in manufacturing and business processes. Other business problems that c...
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QHT1 The topic is Ford Motors. From Porter's Three Generic Strategies, determine if the D
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QHT1 The topic is Ford Motors. From Porter's Three Generic Strategies, determine if the D QHT1 The topic is Ford Motors. From Porter's Three Generic Strategies, determine if the Differentiation Strategy would be a good strategy for Ford Motors. The objective here is to determine and demonstrate the degree of €œfit€ between strategy and structure. Porter's Three Generic Strategies Porter's Three Generic Strategies are a framework proposed by Michael Porter that businesses can u...
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BTMA Midterm Prep Questions Correctly Answered.
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BTMA Midterm Prep Questions Correctly Answered. 
Business Strategy - correct answer 1. Marketing Strategy 
2. IT Strategy 
3. Operations Strategy 
4. Product Strategy 
 
Alignment - correct answer Michael Porter - #1 Purpose is ______ 
 
Simplified Value Chain - correct answer 1. Defining Value Chain 
2. Capturing Cost Data 
3. Controlling Cost 
4. Cutting Buyers Cost 
5. Determining Purchasing Criteria 
6. Reconfiguring Value Chain 
 
Industry Analysis - correct answer 1. Competitive Forces 
2....
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ISM module 1 exam 2024/2025 with 100% correct answers
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Microsoft Access is a(n) _____, which is used to create and manage a series of integrated files. correct answersdatabase management system 
 
Decisions related to scheduling and assigning employees can be supported by a _____. correct answerspersonnel information system (PIS) 
 
Which of the following decisions is supported by a manufacturing information system (MFIS)? correct answersAnalysis of price changes and discounts 
 
Identify an output of an information system. correct answersAnalyzed f...
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INMT 341 Test 1 Questions and Answers
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INMT 341 Test 1 Questions and Answers 
Internal Agent - Answer-Agents acting within the company; employees; salespeople, cashiers, receiving dock workers, purchasing agents, etc. 
 
External Agents - Answer-An outside person, unit, system, or an organization that interacts with the system ie. customers, vendors, banks 
 
Order to Cash Business Events - Answer-1. Market goods/services 
2. Negotiate sales order 
3. Select & Inspect goods 
4. Prepare goods for delivery 
5. Deliver goods/services 
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GMS 402 Final Exam (Managerial Economics Final Exam Notes) with Complete Solutions!!
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Managerial Economics - ANSWER-The study of how to direct scarce resources in the way that most efficiently achieves a managerial goal 
 
How to calculate economic profit - ANSWER-= accounting profit - opportunity cost 
 
Basic Principles compromising effective management - ANSWER--Identifying goals and constraints 
-Recognize the nature and importance of profits 
-Understand incentives 
-Understand markets 
-Recognize the time value of money 
-Use marginal Analysis 
 
The three rivalries in econ...
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BUAD 331 Quiz 2 Questions With Complete Solutions
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Sourcing is the inputs, including materials, subassembled components, equipment, and services, that are required to create value correct answer: False 
 
Which of the following is not an area in which successful supply managers need expertise? correct answer: Customers 
 
When purchasing and supply management works well within an organization, the company acquires the best resources from around the world, which allows its to compete on cost, quality, and innovation. correct answer: True 
 
Wh...
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BTMA 317 Pre-Test With Correct Answers.
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BTMA 317 Pre-Test With Correct Answers. 
Michael Porter Strategy - correct answer A competitive strategy is a statement that identifies a business's approach to compete, its goals, and the plans and policies that will be required to carry 
out those goals - Porter 
 
The #1 Purpose of Strategy is - correct answer Alignment 
 
Industry Analysis - correct answer 1. Competitive Forces 
2. Strategic Alignment 
3. Type Of Strategies 
4. Strategic Planning 
 
Strategic Alignment - correct answer Pr...
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