Business strategy midterm - Study guides, Class notes & Summaries
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MGT 103 BATES MIDTERM questions and answers 100% correct
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MGT 103 BATES MIDTERM questions and answers 100% correct 
marketing 
started production based; engineers 
the activity, set of institutions, and processes for creating, communicating, deliver- ing, and exchanging offerings that have value for customers, clients, partners, and society at large 
 
 
 
Eras of marketing 
1. production 
2. sales era 
3. marketing concept era 
4. customer relationship era 
 
 
 
need 
precedes a want; underlying necessity 
-basic physical and psychological needs 
 
 ...
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SIT Midterm Exam Questions & Answers 2023/2024
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SIT Midterm Exam Questions & Answers 2023/2024 
 
 
Roles of a general manager - ANSWER--make key decisions 
-doesn't require deep technical knowledge 
-aggressively seeks to understand the consequences of using technologies relevant to the business environment 
-asks questions when needed 
-plays an active role in IS decisions alongside IS professionals 
 
IS Alignment - ANSWER--IS must be aligned with the way the firm manages employees and processes 
 
IS Strategy Triangle - ANSWER--business ...
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BCOR Midterm Exam Questions and Answers Latest Update 2024 | Rated A+
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BCOR Midterm Exam Questions and Answers Latest Update 2024 | Rated A+. Business Problems How much to produce, How much to buy, When to open the store, What 
products to promote? 
Decision making types Strategic decisions, Tactical (managerial) decisions, and operational 
decisions 
Strategic decisions A decision that involves higher-level issues and that is concerned with 
the overall direction of the organization, defining the overall goals and aspirations for the 
organization's future. 
Tact...
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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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BCOR Midterm Exam Questions and Answers | Latest Update 2024 | Rated A+
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BCOR Midterm Exam Questions and Answers | Latest Update 2024 | Rated A+. Business Problems How much to produce, How much to buy, When to open the store, What 
products to promote? 
Decision making types Strategic decisions, Tactical (managerial) decisions, and operational 
decisions 
Strategic decisions A decision that involves higher-level issues and that is concerned with 
the overall direction of the organization, defining the overall goals and aspirations for the 
organization's future. 
Ta...
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MIS 200 Midterm Test with All Correct Answers
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MIS 200 Midterm Test with All Correct Answers 
Human resource ERP component - Answer-Tracks employee information including payroll, benefits, compensation, performance assessment, and assumes compliance with the legal requirements of multiple jurisdictions and tax authorities 
 
Extended ERP components include - Answer-Business intelligence, Customer relationship management, Supply chain management 
 
Balanced scorecard - Answer-Enables organizations to clarify their vision and strategy and tra...
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BCOR Midterm Exam Questions and Answers, Latest Update 2024/2025 Rated A+
- Exam (elaborations) • 22 pages • 2024
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BCOR Midterm Exam Questions and Answers, Latest Update 2024/2025 Rated A+. Business Problems How much to produce, How much to buy, When to open the store, What 
products to promote? 
Decision making types Strategic decisions, Tactical (managerial) decisions, and operational 
decisions 
Strategic decisions A decision that involves higher-level issues and that is concerned with 
the overall direction of the organization, defining the overall goals and aspirations for the 
organization's future. 
...
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Managerial Economics and Business Strategy Midterm 2022
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manager - -A person who directs resources to achieve a stated goal. 
 
-Economics - -The science of making decisions in the presence of scarce resources. 
 
-managerial economics - -The study of how to direct scarce resources in the way that most efficiently achieves a managerial goal. 
 
-economic profits - -The difference between total revenue and total opportunity cost. 
 
-opportunity cost - -The cost of the explicit and implicit resources that are forgone when a decision is made. 
 
-incent...
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MGT 6311 (Digital Marketing) Midterm Exam with Correct Solutions 2024
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MGT 6311 (Digital Marketing) Midterm 
Exam with Correct Solutions 2024 
Marketing - Answer -Creation and satisfaction of demand for a product or service. 
Digital Marketing - Answer -Utilizing the internet and other digital channels to drive demand for products 
and services 
Strategy - Answer -Set of ideas that outline how a product or brand will meet its objectives 
Tactic - Answer -A specific action or method that contributes to achieving a goal. 
Components of GOST strategy - Answer -Goals 
...
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BPL 5100 Midterm Test Questions and Answers All Correct
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BPL 5100 Midterm Test Questions and Answers All Correct 
Strategic managers for all levels - Answer-Corporate -CEO, board of directors, corporate stuff 
Business Level - Divisional managers 
Functional Level- functional managers, business functions 
 
Corporate governance - Answer-the relationship among various participants in determining the direction and performance of corporations. The primary participants are the shareholders, the management, the board of directors 
 
Secondary goals - Answe...
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