Principles of Management Practice
Questions C483 WGU -well answered
A value chain is the sequence of activities that begins with raw materials.
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What result does a value chain end with? - CORRECT ANSWERS
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✔✔delivery of products and services
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what happens when an effective value chain is created - CORRECT
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ANSWERS ✔✔profit margins are increased
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industry and market, competitor analysis, and social analysis are examples
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#of which step in strategic planning process - CORRECT ANSWERS
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#✔✔analysis of exteral opportunities and threats
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skilled management, positive cash flow, and well known brands are
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#examples of which component of the SWOT analysis - CORRECT
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#ANSWERS ✔✔strengths #
what denotes skill or expertise in an activity that constitutes the roots of
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competitiveness in an organization - CORRECT ANSWERS ✔✔core
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competencies
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according to michael porters competitive environment model, how can
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#suppliers influence strategic planning - CORRECT ANSWERS ✔✔uppliers
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#can reduce manufacturing time and increase product quality
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, a company offers unique products in its industry to create a competitive
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#advantage. which type of strategy is the company using - CORRECT
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#ANSWERS ✔✔customization #
happy inc., is a leading provider of family entertainment and BCD is a
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broadcasting company with news, cable and entertainment networks. happy
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inc., recently acquired BCD in hopes of boosting its primary business of
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family entertainment. which type of corporate strategy is represented by
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happy inc.'s purchase of their distribution network - CORRECT ANSWERS
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✔✔vertical integration
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what is the first step of organizational strategic planning? - CORRECT
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ANSWERS ✔✔developing internal strengths
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a local business has provided services to its customers for 40 years. the
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#business's mission is "to give our customers the best service in town" the
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#owner of the business has had a long-standing dream to franchise the
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#business and become the best provider of its services in the united states.
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#what describes the owners dream? - CORRECT ANSWERS ✔✔strategic
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#planning
the introduction of statistical tools to analyze the causes of product defects is
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#associated with which quality improvement approach? - CORRECT
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#ANSWERS ✔✔six sigma # #
Questions C483 WGU -well answered
A value chain is the sequence of activities that begins with raw materials.
# # # # # # # # # # # #
What result does a value chain end with? - CORRECT ANSWERS
# # # # # # # # # # #
✔✔delivery of products and services
# # # # #
what happens when an effective value chain is created - CORRECT
# # # # # # # # # #
ANSWERS ✔✔profit margins are increased
# # # # #
industry and market, competitor analysis, and social analysis are examples
# # # # # # # # #
#of which step in strategic planning process - CORRECT ANSWERS
# # # # # # # # #
#✔✔analysis of exteral opportunities and threats
# # # # #
skilled management, positive cash flow, and well known brands are
# # # # # # # # #
#examples of which component of the SWOT analysis - CORRECT
# # # # # # # # #
#ANSWERS ✔✔strengths #
what denotes skill or expertise in an activity that constitutes the roots of
# # # # # # # # # # # #
competitiveness in an organization - CORRECT ANSWERS ✔✔core
# # # # # # # #
competencies
#
according to michael porters competitive environment model, how can
# # # # # # # #
#suppliers influence strategic planning - CORRECT ANSWERS ✔✔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 - CORRECT
# # # # # # # # # #
#ANSWERS ✔✔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 by
# # # # # # # # # #
happy inc.'s purchase of their distribution network - CORRECT ANSWERS
# # # # # # # # # #
✔✔vertical integration
# #
what is the first step of organizational strategic planning? - CORRECT
# # # # # # # # # #
ANSWERS ✔✔developing internal strengths
# # # #
a local business has provided services to its customers for 40 years. the
# # # # # # # # # # # #
#business's mission is "to give our customers the best service in town" the
# # # # # # # # # # # #
#owner of the business has had a long-standing dream to franchise the
# # # # # # # # # # #
#business and become the best provider of its services in the united states.
# # # # # # # # # # # #
#what describes the owners dream? - CORRECT ANSWERS ✔✔strategic
# # # # # # # #
#planning
the introduction of statistical tools to analyze the causes of product defects is
# # # # # # # # # # # #
#associated with which quality improvement approach? - CORRECT
# # # # # # #
#ANSWERS ✔✔six sigma # #
