Porters five forces Study guides, Class notes & Summaries

CHAPTER 1 Historical Foundations of Addressing Needs: Indigenous, French, and English Traditions MULTIPLE CHOICE QUESTIONS 1. Mino-pimatisiwin is a Cree word that means ________. a) social work b) the Medicine Wheel c) the good life d) First Nations e) a gathering of elders 2. Canadian social work has largely been shaped by ________ traditions. a) British and American b) American only c) Western European d) Australian e) Scandinavian 3. ________, a principle contained in the Med...

WGU D174 Marketing Management Questions and Answers Already Passed Miles and Snow's Strategy Types 1. Prospector 2. Analyzer 3. Defender 4. Reactor Prospector (Miles & Snow) Firm exhibits continual innovation by finding and exploiting new product and market opportunities. Analyzer (Miles & Snow) Firm relies heavily on analysis and imitation of the successes of other organizations, especially prospectors. Defender (Miles & Snow) Firm searches for market stability and production of only a limi...

ISA 235 Final Exam Miami University Rated A+ Information Age The present time, during which infinite quantities of facts are widely available to anyone who can use a computer Internet of Things (IoT) a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention Data raw facts that describe the characteristics of an event or object information Data converted into a meaningful and useful context Business intelligence ...

L4M8 Procurement & Supply in Practice Questions and Answers 100% Pass How many stages are there within the CIPS Procurement Cycle? - Correct Answer ️️ - The 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. Supplie...

Strategic Competitiveness - achieved when a firm successfully formulates and implements a value-creating strategy Strategy - integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage Competitive Advantage - when it implements a strategy that creates superior value for customers and competitors are unable to duplicate or find too costly to try to imitate. Above average returns - returns in excess of what an investor e...

The present time, during which infinite quantities of facts are widely available to anyone who can use a computer - Answer-Information Age a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention - Answer-Internet of Things (IoT) raw facts that describe the characteristics of an event or object - Answer-Data Data converted into a meaningful and useful context - Answer-information Information collected from multiple sources s...

In the Deloitte case from class, the author made the point that they needed to make the ______ for the program to explain and justify the "why" they were doing something. - Business Case trust comes from - reputation strategic lenses from 'industry view' - Porters Five Forces strategic lenses look at firm and not industry - 4p, BCG, SWOT, BSC ethics, 'reach organization' - stakeholders 4types of power - coercive, legitimate, referent (LOU), expert(jonah), reward job design, work t...

CIPS L4M4 LO1 QUESTIONS AND ANSWERS 100% PASS What is sourcing? Sourcing is the location, acquisition and management of all the vital inputs required for an organisation to operate. What is tactical/operational sourcing? Low-level decision making High profit, low risk items Short-term projects Transactional relationships What is strategic sourcing? Top-level decision making High-profit, high-risk items Long-term projects Collaborative relationships What aspects typically re...

GMS 200 EXAM QUESTIONS AND ANSWERS ALL CORRECT Sustainable Competitive Advantage - Answer-The ability to outperform rivals in ways that are difficult or costly to imitate Strategy - Answer-a comprehensive plan guiding resource allocation to achieve long term organization goals Strategic Intent - Answer-Focusing and applying organizational energies on a unifying and compelling goal Corporate Strategy - Answer-a strategy that sets long term direction for the total enterprise Business ...

L4M8 Procurement & Supply in Practice Questions and Answers 100% Pass How many stages are there within the CIPS Procurement Cycle? - Correct Answer ️️ - The 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. Supplie...

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....