Description : Strengths and Weaknesses of a Company are determined relative to it’s Competitors
Last Answer : True
Description : ------------- are the Resources, Skills and other advantages a Company enjoys relative to it’s competitors : A. Weaknesses B. Strengths C. Threats D. Opportunities
Last Answer : Strengths
Description : A sustainable competitive advantage requires that: Select one: a. Other companies are not able to duplicate the strategy b. The value creating strategy be in a formulation stage c. Average returns be earned by the company d. Competitors are simultaneously implementing the strategy.
Last Answer : Other companies are not able to duplicate the strategy
Description : A continually evolving network of independent companies, suppliers, customers, even competitors, linked together to share skills, costs, and access to one another s markets is called a/an ... Virtual organization ; (b) Boundaryless organization ; (c) Modular organization (d) Integrated organization
Last Answer : (a) Virtual organization ;
Description : According to the five factors model, an attractive industry would have all of the following characteristics EXCEPT: A. Low barriers to entry. B. Suppliers with low bargaining power. C. A moderate degree of rivalry among competitors. D. Few good product substitutes.
Last Answer : Low barriers to entry.
Last Answer : A moderate degree of rivalry among competitors.
Description : Porter's notion of a differentiation strategy is best described as one in which firms seek a competitive advantage . A. Through achieving a match between their internal and external ... competitors. C. Through concentrating on a narrow market segment. D. Through establishing their uniqueness
Last Answer : Through establishing their uniqueness
Description : Porter's notion of a differentiation strategy is best described as one in which firms seek a competitive advantage . A. Through achieving a match between their internal and external environments ... . C. Through concentrating on a narrow market segment. D. Through establishing their uniqueness.
Last Answer : Through establishing their uniqueness.
Description : In performing an assurance engagement, a professional accountant typically a. Provides management consulting advice. b. Supplies litigation support services. c. Assesses control risk at a low level. d. Expresses a conclusion about an assertion
Last Answer : Expresses a conclusion about an assertion
Description : The acronym SWOT stands for A. Special Weapons for Operations Timeliness B. Services, Worldwide Optimization, and Transport C. Strengths Worldwide Overcome Threats D. Strengths, Weaknesses, Opportunities, and Threats
Last Answer : Strengths, Weaknesses, Opportunities, and Threats
Description : What does Strategy describe? A. The general direction in which an organization plans to move to attain its goals B. Framework for managerial decisions C. Leveraging strengths to gain competitive advantage D. All of these options
Last Answer : All of these options
Description : SWOT represents Strengths, Weaknesses, Opportunities and Time
Last Answer : False
Description : SWOT is an abbreviation for: a) Internal Strengths (S), Internal Weaknesses (W), External Opportunities (O), External Threats (T). b) Integrated Strategies (S), Integrated Weaknesses (W), ... External Strengths (S), Internal Weaknesses (W), External Opportunities (O), Internal Threats (T).
Last Answer : Internal Strengths (S), Internal Weaknesses (W), External Opportunities (O), External Threats (T).
Description : An organisation’s ability or capacity to deploy or exploit resources is known as _______ Select one: a. All of these b. Capability c. Weaknesses of firm d. Strengths of firm
Last Answer : Capability
Description : Developing a vision and mission, identifying an organization's external opportunities and threats, and determining internal strengths and weaknesses are all __________ activities. a. strategy-formulation b. strategy-implementation c. long-range planning d. short-range planning
Last Answer : strategy-formulation
Description : Large Inventories can be best classified as a. Potential opportunities b.Potential threats c.Potential weakness d.Potential strengths
Last Answer : Potential weakness
Description : Developing a Vision and Mission, identifying an Organization’s external opportunities & threats and determining internal strengths & weaknesses are all -------------- activities : A. Strategy Formulation B. Strategy Implementation C. Long-range Planning D. Short-range Planning
Last Answer : Strategy Formulation
Description : ---------- is a limitation or deficiency in Resources , Skills & Capabilities that seriously impede effective performance : A. Strengths B. Threats C. Opportunities D.Weakness
Last Answer : Weakness
Description : What are the means by which long-term objectives could be achieved? A. Strategies B. Policies C. Strengths D. Opportunities
Last Answer : Strategies
Description : The acronym SWOT stands for : A. Strong, Weak, Occasion, Traits B. Services, Worldwide, Optimization, Transport C. Strengths, Worldwide, Overcome, Threats D. Strengths, Weaknesses, Opportunities, Threats
Last Answer : Strengths, Weaknesses, Opportunities, Threats
Description : The SWOT approach assesses an organization's (a) Speed, Wants, Order, Timing ; (b) Structure, Workforce, Organization, Types (b) Strengths, Weaknesses, Opportunities, Threats. ; (d) Signs, Worries, Objectives, Techniques
Last Answer : (b) Strengths, Weaknesses, Opportunities, Threats. ;
Description : Being conscientious, admitting mistakes, and knowing one's strengths and limitations are the skills associated with _______. (a) Competence ; (b) consistency ; (c) loyalty ; (d) integrity
Last Answer : (a) Competence ;
Description : _____________________ are those aspects which are valued by customers and where the organization must excel to outperform competitors? A. Input Factors B. Process Factors C. Output Factors D. Critical Success Factors
Last Answer : Critical Success Factors
Description : Acquisition of competitors for growth is… A. Horizontal integration B. Forward integration C. Backward integration D. None of these options
Last Answer : Horizontal integration
Description : What metaphor is used to describe the competitive space where products are not yet well defined, competitors are not structured and the market is relatively unknown? A. Blue ocean B. Red sea C. Blue lagoon D. Red ocean
Last Answer : Blue ocean
Description : What is meant by focused differentiation? A. Providing a high perceived value service or product to a selected market segment that justifies a substantial price premium B. ... differentiation D. Concentrating on differentiation as the primary means of achieving competitive advantage
Last Answer : Providing a high perceived value service or product to a selected market segment that justifies a substantial price premium
Description : What metaphor is used to describe the competitive space where products are not yet well defined, competitors are not structured, and the market is relatively unknown? A. Blue ocean B. Red sea C. Blue lagoon D. Red ocean
Description : Functional benchmarking involves: a) benchmarking your competitors. b) benchmarking global competitors in your industry. c) benchmarking organizations with regards to specific business activities ... d) benchmarking other multinational firms with similar corporate strategies or similar customers
Last Answer : benchmarking organizations with regards to specific business activities or processes
Description : All of these, except__________, are part of Porter's competitive forces in industry analysis. a. potential entry of new competitors b. bargaining power of suppliers c. development of substitute products d. bargaining power of union
Last Answer : bargaining power of union
Description : Which of the following is not part of the micro environment? a. Technology b. Shareholders c. Competitors d. Publics
Last Answer : Technology
Description : The purpose of a SWOT Analysis is to analyse ----------- : A. The strategic capability of an Organization B. External and Internal Environments C. The Business Environment and the strategic capability of a Firm relative to Competitors D. The Business Environment in which an Organization operates
Last Answer : The Business Environment and the strategic capability of a Firm relative to Competitors
Description : 1st stage of group development is ____________. (a) Storming ; (b) Norming ; (c) Forming ; (d) Performing
Last Answer : (c) Forming ;
Description : An individual's belief that he or she is capable of performing a task is called: (a) Self-actualization ; (b) Self-worth ; (c) Self-efficacy ; (d) Self-importance
Last Answer : (c) Self-efficacy ;
Description : An individual's perception of whether performing at a particular level will lead to attainment of a desired outcome is termed: (a) Relevance ; (b) Expectancy ; (c) Expectation ; (d) Instrumentality
Last Answer : (d) Instrumentality
Description : In this defensive strategy, the firm typically is sold in parts, or as a whole, for its tangible asset value and not as a going concern. A. Divestiture strategy: B. Liquidation strategy: C. Bankruptcy: D. None of these options
Last Answer : Liquidation strategy:
Description : Application of the Strategic Management process is typically more formal in larger and well established Organizations
Description : Typically, in a global product structure: a) adaptation to local needs is high. b) marketing is the most important function. c) marketing is subservient to operations. d) operation is subservient to marketing
Last Answer : marketing is subservient to operations.
Description : Which of the following are typically seen as being associated with strategic decisions? Select one: a. HR and Technology strategies b. The detailed planning of a department's work over the ... The organization's long-term direction d. values and expectations of powerful actors in the organization
Last Answer : The organization’s long-term direction
Description : Which of the following is typically NOT seen as being associated with strategic decision ? A. The Organization's long term direction B. The detailed planning of a Department's work over the ... and expectations of powerful players in the Organization D. The scope of the Organization's activities
Last Answer : The detailed planning of a Department’s work over the next month
Description : typically offer more flexibility in international markets A. SMEs B. LSEs C. MNEs D. None of the above
Last Answer : SMEs
Description : Forecasts used for new product planning, capital expenditures, facility location or expansion, and R&D typically utilize a………. (a) short-range time horizon ; (b) long-range time horizon ; (c) naive method, because there is no data history ; (d) all of the above
Last Answer : (b) long-range time horizon ;
Description : Do people habitually underestimate you?
Last Answer : I don’t put much out there till I know you. I get underestimated all the time, but I like it like that. I don’t use it to my advantage unless you screw with me. Then you might get a nasty surprise.
Description : Ever underestimate the importance of your feet?
Last Answer : answer:Regretful fashion experience: attempting to wear fashionable high heels under the mistaken impression that if so many women wear them, my feet will probably get used to them after a bit. Comfortable non-fugly shoes: Crocs
Description : Why do some people underestimate you without even knowing that they are doing it?
Last Answer : Because they are human.
Description : Many underestimate my importance, yet without me this world couldn't possibly survive. I come naturally for some, but others both try and struggle to obtain me. I can change your future for the better, but that doesn't mean it will be easier. What am I? -Riddles
Last Answer : Knowledge.