Blue ocean strategy Studienführer, Klassennotizen & Zusammenfassungen

Capstone Chapter 6 TEST SOLUTIONS Sometimes it makes sense for a company to go on the offensive to improve its market position and business performance. The best offensives tend to incorporate the following EXCEPT: - ANSWER focusing relentlessly on building a competitive advantage. Once a company has decided to employ a particular generic competitive strategy, then it must make such additional strategic choices, such as: - ANSWER All of these. Which one of the following is NOT a str...

Absolute Advantage The economic advantage one nation enjoys that is absolutely superior to other nations. Accounting Profit Total revenue minus total explicit cost Acquisition a wholly owned subsidiary is created through direct foreign investment. Administrative Policy Bureaucratic rules that make it harder to import foreign goods. Agglomeration Clustering of economic activities in certain locations. Beyond geographic advantages, location-specific advantages also arise f...

Anti dumping law - Law that makes it illegal for an exporter to sell goods below cost abroad with the intent to raise prices after eliminating local rivals antitrust laws - Law that makes cartels (trusts) illegal Antitrust policy - government regulation aimed at preventing monopoly and fostering competition in markets where competition is desirable Attack - An initial set of actions to gain competitive advantage. Blue Ocean Strategy - Strategy that focuses on developing new markets ("blue...

Affordance Decomposition - ️️The isolation of the specific functions, meanings, limitations, and challenges that can be provided by a given technology or capability. Application service provider (ASP) - ️️A business that provides computer-based services to customers over the internet. This means that all management of the application can be handled by the provider. Aspiration - ️️A long term goal that a user hopes to achieve. Barriers - ️️Choke points and pressure points...

MNGT 4800 - Exam 2 Questions With 100% Correct Answers The 4 Primary Generic Business-Level Strategies - answerCost leadership, differentiation strategy, focused cost leadership, and focused differentiation. Cost leadership - answerOffers products or services with acceptable quality and features to a broad set of customers at a low price. Advantages of cost leadership - answerWithstanding price competition from rivals, discouraging new entrants, and attracting a large market share. Disad...

Base of the pyramid (BOP) - correct answer - Economies where people make less than $2,000 per capita per year. BRICA - correct answer - Brazil, Russia, India, and China. Emerging economies - correct answer - term that has gradually replaced the term "developing countries" since the 1990s. Emerging markets - correct answer - A term that is often used interchangeably with "emerging economies." Expatriate manager - correct answer - A manager who works abroad, or "expat" for short....

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...

BADM509 Exam Questions And Answers (Verified And Updated) True or False: Leadership style is a type of external contingency in the process of value creation. - answerFalse True or False: Contingencies cannot be directly controlled or manipulated. - answerTrue New, game-changing business models rarely emerge from established businesses because A. Existing companies usually fail to reduce costs B. Existing companies usually execute a well understood business model C. Existing companies alw...

BADM 509 Exam Questions With 100% Correct Answers True or False: Leadership style is a type of external contingency in the process of value creation. - answerFalse True or False: Contingencies cannot be directly controlled or manipulated. - answerTrue New, game-changing business models rarely emerge from established businesses because A. Existing companies usually fail to reduce costs B. Existing companies usually execute a well understood business model C. Existing companies always focu...

Strategy correct answers the coordinated set of actions that its managers take in order to outperform the company's competitors and achieve superior profitability Objective correct answers the sort of lasting success that can support growth and secure the company's future over the long term What does the Objective include? correct answers -how to position the company in the marketplace -how to attract customers -how to compete against rivals -how to achieve the company's performan...