Principles of Management Practice Questions C483 WGU with correct answers

A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? - Answer delivery of products and services what happens when an effective value chain is created - Answer profit margins are increased industry and market, competitor analysis, and social analysis are examples of which step in strategic planning process - Answer analysis of exteral opportunities and threats skilled management, positive cash flow, and well known brands are examples of which component of the SWOT analysis - Answer strengths what denotes skill or expertise in an activity that constitutes the roots of competitiveness in an organization - Answer core competencies according to michael porters competitive environment model, how can suppliers influence strategic planning - Answer uppliers can reduce manufacturing time and increase product quality a company offers unique products in its industry to create a competitive advantage. which type of strategy is the company using - Answer customization happy inc., is a leading provider of family entertainment and BCD is a broadcasting company with news, cable and entertainment networks. happy inc., recently acquired BCD in hopes of boosting its primary business of family entertainment. which type of corporate strategy is represented