Porters five forces - Study guides, Class notes & Summaries

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....

L4M8 Procurement & Supply in Practice Exam Questions And Answers (Verified And Updated) How many stages are there within the CIPS Procurement Cycle? - answerThe CIPS procurement cycle has 13 stages: 1. Understand need and develop a high-level specification. 2. Market/commodity options including make-versus-but assessment. 3. Develop strategy/plan. 4. Pre-procurement market tests and market engagement. 5. Development of required documentation, e.g. request for quotation (RFQ). 6. Suppli...

Marketing M370 Midterm – Cady Questions With Complete Solutions Main purpose of Porter's Five Forces Model? - answerAnalyze competition in a market According to Porter, which of the following is most important to achieving a competitive advantage? - answerOperating at a lower cost, commanding a premium price, or both Which of the following forces does NOT form part of Porter's Competitive Forces Analysis? a. Power of Buyers b. Competitive Rivalry c. Risk of Losses d. Threat of Subst...

ISA 235 Final Exam Miami University Questions With 100% Verified Answers Information Age - answerThe present time, during which infinite quantities of facts are widely available to anyone who can use a computer Internet of Things (IoT) - answera world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention Data - answerraw facts that describe the characteristics of an event or object information - answerData converted into a meani...

CIPS L4M4 LO1 What is sourcing? - correct answer Sourcing is the location, acquisition and management of all the vital inputs required for an organization to operate. What is tactical/operational sourcing? - correct answer Low-level decision making High profit, low risk items Short-term projects Transactional relationships What is strategic sourcing? - correct answer Top-level decision making High-profit, high-risk items Long-term projects Collaborative relationships What aspe...

Marketing M370 Midterm – Cady Questions With Complete Solutions Main purpose of Porter's Five Forces Model? - answerAnalyze competition in a market According to Porter, which of the following is most important to achieving a competitive advantage? - answerOperating at a lower cost, commanding a premium price, or both Which of the following forces does NOT form part of Porter's Competitive Forces Analysis? a. Power of Buyers b. Competitive Rivalry c. Risk of Losses d. Threat of Subst...

ISA 235 Final Exam Miami University Questions With 100% Verified Answers Information Age - answerThe present time, during which infinite quantities of facts are widely available to anyone who can use a computer Internet of Things (IoT) - answera world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention Data - answerraw facts that describe the characteristics of an event or object information - answerData converted into a meani...

L4M8 Procurement & Supply in Practice Exam Questions And Answers (Verified And Updated) How many stages are there within the CIPS Procurement Cycle? - answerThe CIPS procurement cycle has 13 stages: 1. Understand need and develop a high-level specification. 2. Market/commodity options including make-versus-but assessment. 3. Develop strategy/plan. 4. Pre-procurement market tests and market engagement. 5. Development of required documentation, e.g. request for quotation (RFQ). 6. Suppli...

HRM Midterm Exam with Questions and Answers HRM is managing.... ANSWER ....human talent HRM activities are..... ANSWER .... planning, attracting, motivating, and developing Challenges in organization are.... ANSWER .... economic, technological, demographic, cultural, and legal Porters five forces model.... ANSWER -new entrants -substitutes -bargaining power of customers -bargaining power of suppliers -rivarly among firms For internal analysis you use.... ANSWER ..... VRIO V...

BTMA MidtermBusiness 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. Strategic Planning 3. Types of Stra...