Porters 5 forces - Study guides, Class notes & Summaries

MNM3709 - STRATEGIC MARKETING EXAM QUESTIONS AND ANSWERS Different strategy levels in an organisation - Answer- Corporate level ,Business level functional level. Corporate strategy - Answer- Overall purpose and scope of the org, how value can be added. Business strategy - Answer- How do we compete in this market relating to each business unit and product line. Functional strategy - Answer- Supports business level strategy through marketing,HR,production, info systems and finance functio...

OAM 331 Exam 1 Latest 2023 Graded A+ Honda A Logic -fully integrated manufacturer - salves vol obj - innovation to production fast Honda B Entrenpueral spirit and grit -didn't sell bigger bikes -> pivot to smaller super cubs -meet nicest people on a honda honda used ___________ for success to US motorcycle - mass production / market -labor productivity -dealer network -low cost Strategy set of activities that work together to create sustainable competitive adv British Motor problems -mec...

BTMA 317 Question and answers rated A+ 2023/2024Competitive strategy statement - correct answer Identifies a business' approach to compete, goals, and plans and policies to achieve goals. #1 purpose of strategy - correct answer Alignment Industry Analysis - correct answer Competitive forces, strategic alignment, types of strategies, strategic planning. Different industries offer different profit potential, what is the profit potential measured by? - correct answer Porters 5 forces P...

BTMA 317- Questions with complete solution 2023/2024Competitive strategy statement - correct answer Identifies a business' approach to compete, goals, and plans and policies to achieve goals. #1 purpose of strategy - correct answer Alignment Industry Analysis - correct answer Competitive forces, strategic alignment, types of strategies, strategic planning. Different industries offer different profit potential, what is the profit potential measured by? - correct answer Porters 5 forces ...

ISA 235 Final Exam Gowins Questions With Verified Answers Data - answerRaw facts that describe the characteristics of an event or object Structured Data - answerStored in traditional system such as a relational data base or spreadsheet Unstructured Data - answerNot defined and does not follow specific format Big Data - answerCollection of large, complex data sets including structured and unstructured data. Information - answerData converted into meaningful and useful context Business In...

Miami University ISA 235 Final Exam Questions With Verified Answers Internet of things - answerA world where interconnected, internet-enabled devices or "things" can collect and share data without human intervention. Value Chain: Primary Vs. Support - answerViews a firm as a series of business processes that each add value. Primary: The firm acquiring raw materials, manufacturing, delivering, marketing and selling. Support: Actual firm infrastructure such as HR, Management, Tech. Dept. ...

Strategy must decide on three parameters: - ANSWER-1. Who they will target as customers and who they will not 2. The products and services they will and will not offer 3. How they will go about achieving this - what activities will they undergo? BUT must be distinctive from other companies strategic position in order to be successful The strategy is not technology - No one gains competitive advantage from letting technology lead strategic visioning. This is the short road to parity, what f...

L4M8 CIPS level 4 Glossary 2: Questions and answers, verified/ Name the 13 stages of the procurement cycle - -1. Understand the need. 2. Market Commodity options. 3. Develop Stratgey/ Plan. 4. Pre-procurement / market test. 5. Develop required documentation. 6. Supplier Selection. 7. Issue invitation to tender. 8. Bid / tender evaluation. 9. Contract Award. 10. Warehouse logistics & receipt. 11. Contract performance review and continuous improvement. 12. Supplier relation...

Capstone exam 1 (short answer) and Questions Newly Updated 2024 Define a Strategy - CORRECT ANSWER-A company's strategy consists of competitive move and business approaches managers use to run a company. It is the managers "action plan" to grow the business, attract customers and become competitive in the market. How can a strategy be ethical? - CORRECT ANSWER-A company's strategy must entail actions that can pass moral scrutiny. It should not be shady, unconscionable, injuriou...

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...