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SEVI 3013 EXAM BUNDLE QUETIONS & ANSWERS 100% CORRECT!

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SEVI 3013 EXAM BUNDLE QUETIONS & ANSWERS 100% CORRECT!SEVI 3013 EXAM BUNDLE QUETIONS & ANSWERS 100% CORRECT!SEVI 3013 EXAM BUNDLE QUETIONS & ANSWERS 100% CORRECT!SEVI 3013 EXAM BUNDLE QUETIONS & ANSWERS 100% CORRECT!SEVI 3013 EXAM BUNDLE QUETIONS & ANSWERS 100% CORRECT!SEVI 3013 EXAM BUNDLE QUETIONS & ANSWERS 100% CORRECT!SEVI 3013 EXAM BUNDLE QUET

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SEVI 3013 Exam 2 Questions & Answers 100% Correct!

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Business Model - ANSWERS-how a company intends to implement its strategy for a product or group of products -companies can have multiple models Characteristics of a Functional Business Model - ANSWERS-robust elements: ability to weather challenges and adversity -Identifies and acquires key needed resources and processes -have compatibility of multiple business models: synergy and leverage resources Components of a business model - ANSWERS-revenue model -cost structure -margin/finance...

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SEVI 3013 Exam 1(100% Correct)

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) a DIAGNOSIS OF COMPETITIVE CHALLENGE[this is accomplished through analysis of the firm's external and internal environments] (2) a GUIDING POLICY to address the competitive challenge[this is accomplished through strategy formulation, resulting in the firm's corporate, business, and functional strategies] (3) a SET OF COHERENT ACTIONS to implement the firm's guiding policy[this is accomplished through strategy implementation] - ANSWERSWhat 3 elements make up strategy? Competitive ...

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SEVI 3013 Chapter 3 & 4 quiz questions & Answers 100% Correct!

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the resource-based view (RBV) of the firm combined the following two perspectives: - ANSWERSthe internal analysis of the firm and the external analayis of the industry and competitive environment which of the following is a support activity? - ANSWERStechnology development advertising is a ______ activity. Supply of replacement parts is a ______ activity. - ANSWERSprimary; primary inbound logistics include which of the following? - ANSWERSwarehousing and inventory control in the reso...

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Sevi 3013 exam 3/final (ch 6-7)100% Correct!

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Build-borrow-buy framework - ANSWERSConceptual model that aids firms in deciding whether to pursue internal development (build), enter a contractual arrangement or strategic alliance (borrow), or acquire new resources, capabilities, and competencies (buy). if yes, build - ANSWERSWhat should we do if the firm's internal resources are relevant in solving the srategic resource gap? relevant internal resources - ANSWERSif the resources are: -similar to those the firm needs to develop to so...

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SEVI 3013H Final Exam 100% Correct!

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environmental forecasting - ANSWERSthe development of plausible projections about the direction, scope, speed, and intensity of environmental change 1. environmental scanning 2. environmental monitoring 3. competitive intelligence - ANSWERSWhat are the 3 inputs to forecasts? environmental scanning - ANSWERSsurveillance of a firm's external environment to predict environmental changes and detect changes already under way environmental monitoring - ANSWERSa firm's analysis of the ...

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SEVI 3013 EXAM 2 QUESTIONS & ANSWERS 100% CORRECT!

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A firm's ability to manufacture unique products in small quantities at low cost is known as - ANSWERSmass customization Which of the following are pitfalls of using a focus strategy? - ANSWERSNew competitors may enter lucrative niche markets. Cost advantages for the focus segment may become eroded over time. Companies may become too focused to satisfy buyer needs. Companies can use combination strategies with technology to - ANSWERSlink their value chain with the value chains of their...

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SEVI 3013 Final Exam Questions & Answers 100% Solved!

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Understand the Build-Borrow-Buy framework and be able to discuss its implications for decisions on acquiring resources and capabilities - ANSWERSa conceptual model that aids strategic leaders in deciding whether to pursue internal development (build), enter a contractual arrangement or strategic alliance (borrow), or acquire new resources, capabilities, and competencies (buy) Why did Lyft enter into strategic alliances with GM and Waymo? - ANSWERSattempt to close the gap w/ Uber What were ...

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SEVI 3013 Exam 1 QUESTIONS & ANSWERS 100% CORRECT!

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Strategy - ANSWERSSet of goal-directed actions a firm takes to gain and sustain superior performance relative to competitors The way something is done - ANSWERSPurpose Plan of action - ANSWERSGoal Strategic Management - ANSWERSCombines analysis, formulation, and implementation in the quest for competitive advantage Strategic management directs organization toward overall ___ and ___ - ANSWERSGoals , objectives Strategic management includes MULTIPLE ___ in decision making - ANSWERS...

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SEVI 3013 FINAL EXAM UARK QUESTIONS & ANSWERS 100% CORRECT!

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General Environment - ANSWERSComposed of dimensions in the broader society that influence an industry and the firms within it Dimensions of the General Environment - ANSWERS1. Demographic 2. Economic 3. Political/legal 4. Sociocultural 5. Technological 6. Global 7. Sustainable physical environment Demographic Segment - ANSWERS-Population size -Age structure -Geographic distribution -Ethnic mix -Income distribution Economic Segment - ANSWERS-Inflation rates -Interest rates -T...

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