ADMN 1000 EXAM QUESTIONS AND CORRECT ANSWERS
What cis cstrategy? c- cCORRECT cANS✔✔The cplans cmade cor cthe cactions ctaken cin can ceffort cto chelp can corganization cobtain
cits cintended cpurposes
What care cthe ctwo cbasic cmodels cto cconsider cwhen cdesigning ca csustainable cstrategy? c- cCORRECT cANS✔✔-5 cForces cModel
-VRIO cModel
What care cthe c5 cforces cof cthe c5 cforces cmodel? c- cCORRECT cANS✔✔-Bargaining cpower cof csuppliers
-Bargaining cpower cof cbuyers
-Threats cof csubstitute cproducts cor cservices
-Threats cof cnew centrants
-Rivalry camong cexisting cfirms
What care cthe climitations cof cthe c5 cforces cmodel? c- cCORRECT cANS✔✔-Assumes cpower crelationships care cthe csame cin ceach
cforce.
-The cmodel cdoes cnot cexplicitly ctake cthe croles cof ctechnological cchange cand cgovernment cregulations cinto cconsideration.
What care cthe ccomponents cof cthe cVRIO cmodel? c- cCORRECT cANS✔✔-Value
-Rareness
-Imitability
-Organization
Components cof ca cSWOT canalysis? c- cCORRECT cANS✔✔strengths, cweaknesses, copportunities, cthreats
The cindustry clifecycle cmodel: cdecline cphase ccaused cby.... c- cCORRECT cANS✔✔-Declining csales cdue cto cone cor cmore cof cthe
cfollowing: c
• cChanges cin cdemographics c
• cShifting cconsumer ctastes c
-Technological csubstitution
What cis cintrafirm cdynamics cvs cinterfirm cdynamics? c- cCORRECT cANS✔✔INTRA: cHaving cdifferentiation cwithin cdifferent
cmarkets
INTER: cHaving cdifferentiation cwithin cone cmarket cproduct
What cis cthe c
Boston cConsulting cGroup cMatrix c- cCORRECT cANS✔✔BCG cseparates cbusinesses cinto cfour ccategories cbased con chow cfast
cthe cmarket cgrowing c( chigh-growth cor clow-growth) cand cthe csize cof cthe cbusiness cshare cof cthat cmarket c( cSmall cand clarge)
What cis cethics? c- cCORRECT cANS✔✔the cstudy cof cmorality cor cmoral cjudgments, cstandards, cand crules cof cconduct.
What cis cbusiness cethics? c- cCORRECT cANS✔✔The crules, cstandards, cprinciples, cor ccodes cgiving cguidelines cfor cmorally cright
cbehaviour cin ccertain corganizational ccontexts
Models cfor cmaking cethical cdecisions? c- cCORRECT cANS✔✔-Utilitarianism
-Rule cethics
Arguments cagainst cfracking c- cCORRECT cANS✔✔-Water ccontamination
-Overuse cof cwater
-Release cof cGHG
-Earthquakes
Limitations cof cUtilitarianism c- cCORRECT cANS✔✔-The cdifficulty cin cestimating cor cmeasuring crelative cbenefits cand ccosts cto call
cstakeholders caffected.
c-Robin cHood crobbed ca cbank cto cfeed ca cvillage, cbut cthis cstill caffects cthe cbank cowner/bankers
-The c"process" cor cmeans cto cachieve cthe cresults cis cignored.
What cis cstrategy? c- cCORRECT cANS✔✔The cplans cmade cor cthe cactions ctaken cin can ceffort cto chelp can corganization cobtain
cits cintended cpurposes
What care cthe ctwo cbasic cmodels cto cconsider cwhen cdesigning ca csustainable cstrategy? c- cCORRECT cANS✔✔-5 cForces cModel
-VRIO cModel
What care cthe c5 cforces cof cthe c5 cforces cmodel? c- cCORRECT cANS✔✔-Bargaining cpower cof csuppliers
-Bargaining cpower cof cbuyers
-Threats cof csubstitute cproducts cor cservices
-Threats cof cnew centrants
-Rivalry camong cexisting cfirms
What care cthe climitations cof cthe c5 cforces cmodel? c- cCORRECT cANS✔✔-Assumes cpower crelationships care cthe csame cin ceach
cforce.
-The cmodel cdoes cnot cexplicitly ctake cthe croles cof ctechnological cchange cand cgovernment cregulations cinto cconsideration.
What care cthe ccomponents cof cthe cVRIO cmodel? c- cCORRECT cANS✔✔-Value
-Rareness
-Imitability
-Organization
Components cof ca cSWOT canalysis? c- cCORRECT cANS✔✔strengths, cweaknesses, copportunities, cthreats
The cindustry clifecycle cmodel: cdecline cphase ccaused cby.... c- cCORRECT cANS✔✔-Declining csales cdue cto cone cor cmore cof cthe
cfollowing: c
• cChanges cin cdemographics c
• cShifting cconsumer ctastes c
-Technological csubstitution
What cis cintrafirm cdynamics cvs cinterfirm cdynamics? c- cCORRECT cANS✔✔INTRA: cHaving cdifferentiation cwithin cdifferent
cmarkets
INTER: cHaving cdifferentiation cwithin cone cmarket cproduct
What cis cthe c
Boston cConsulting cGroup cMatrix c- cCORRECT cANS✔✔BCG cseparates cbusinesses cinto cfour ccategories cbased con chow cfast
cthe cmarket cgrowing c( chigh-growth cor clow-growth) cand cthe csize cof cthe cbusiness cshare cof cthat cmarket c( cSmall cand clarge)
What cis cethics? c- cCORRECT cANS✔✔the cstudy cof cmorality cor cmoral cjudgments, cstandards, cand crules cof cconduct.
What cis cbusiness cethics? c- cCORRECT cANS✔✔The crules, cstandards, cprinciples, cor ccodes cgiving cguidelines cfor cmorally cright
cbehaviour cin ccertain corganizational ccontexts
Models cfor cmaking cethical cdecisions? c- cCORRECT cANS✔✔-Utilitarianism
-Rule cethics
Arguments cagainst cfracking c- cCORRECT cANS✔✔-Water ccontamination
-Overuse cof cwater
-Release cof cGHG
-Earthquakes
Limitations cof cUtilitarianism c- cCORRECT cANS✔✔-The cdifficulty cin cestimating cor cmeasuring crelative cbenefits cand ccosts cto call
cstakeholders caffected.
c-Robin cHood crobbed ca cbank cto cfeed ca cvillage, cbut cthis cstill caffects cthe cbank cowner/bankers
-The c"process" cor cmeans cto cachieve cthe cresults cis cignored.
