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Exam (elaborations)

Buad 453 Strategy Exam Questions With Correct Answers

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BUAD 453 STRATEGY EXAM QUESTIONS WITH CORRECT ANSWERS

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What is an appropriate problem statement/strategic challenge for the Charles
Chocolates case?


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The Charles Chocolates Board of Directors has charged Steve Parkland to
double or triple the size of the company within 10 years. The strategy must
fit the company's culture and gain support of the board, management, and
employees.

,Which of the following is Brad Dickerson NOT evaluating to address Blue Aprons
dilemma of a declining share price


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Acquisitions
IS evaluating: profit margins, operations mgmt, supply chain efficiency




which strategic decision by charles chocolates demonstrates vertical integration


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a digital storefront to sell product online




Which statements are appropriate when discussing the threat of substitutes for Blue
Apron


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growth in grocery stores such as Seed to Table, that are designed as
community gathering spaces
consumers are embracing online farm product ordering and delivery
services
declining per cost of restaurant delivery




Which of the following facts from the case would decrease the threat of new entrants
in a Porter's Five Forces Analysis?

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there is significant brand loyalty for current competitors




Which of the following details about an industry would decrease the threat of new
entrants in a porters 5 force analysis


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there is a significant brand loyalty for current competitors




You conducted a porters 5 force analysis on the subscription based meal kit delivery
industry as part of your consulting report for Blue Apron. When you consider the
threat of substitutes for this industry, you determine that this force is contributing to
reduced profitability for competitors in the meal-kit industry. Which statement below
is NOT appropriate to include in your discussion of the threat of substitutes when
preparing the report to Brad Dickerson


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consumer's increasing preference to purchase from chef'd




There are many substitutes for premium chocolate, particularly as a gift. Which of the
following is NOT a substitute?
flowers
wine
edible arrangements
premium chocolate from other companies

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