CIS105 - Week 2 Quiz (Arizona State
University Earned Admissions) And
Updated Answers.
What is a threat to industry profitability? - Answer Competition
What help is required for avoiding anchoring bias despite being aware of its effect? - Answer
Debiasing help
The effect of confirmation bias is stronger for which of the following? - Answer For
emotionally charged issues and for deeply entrenched beliefs
Which business sector is predicted to hit hardest with the growth of AI? - Answer
Manufacturing
In order to formulate business strategy, one does NOT need to consider: - Answer Having the
Human Resource team work with teams across the organization helping in inter and intra-team
collaboration
A business strategy is a combination of _________ for which the firm is striving and the
________ by which it is seeking to get there. - Answer Goals, policies
The more _______________ an offering, the more the Internet shifts __________to sellers. -
Answer differentiated and valuable; bargaining power
If a firm performs well, consumers can often be enlisted to promote a product or service
through ____________. - Answer viral marketing
Which of these are critical characteristics of exploitable resources as per the approach known as
the 'resource-based view of competitive advantage'. - Answer all of the answer selections
If a firm can use _________ and ___________ to create valuable assets that others cannot
match, it may be able to _______________. - Answer Time; technology lead; sustain its
advantage
University Earned Admissions) And
Updated Answers.
What is a threat to industry profitability? - Answer Competition
What help is required for avoiding anchoring bias despite being aware of its effect? - Answer
Debiasing help
The effect of confirmation bias is stronger for which of the following? - Answer For
emotionally charged issues and for deeply entrenched beliefs
Which business sector is predicted to hit hardest with the growth of AI? - Answer
Manufacturing
In order to formulate business strategy, one does NOT need to consider: - Answer Having the
Human Resource team work with teams across the organization helping in inter and intra-team
collaboration
A business strategy is a combination of _________ for which the firm is striving and the
________ by which it is seeking to get there. - Answer Goals, policies
The more _______________ an offering, the more the Internet shifts __________to sellers. -
Answer differentiated and valuable; bargaining power
If a firm performs well, consumers can often be enlisted to promote a product or service
through ____________. - Answer viral marketing
Which of these are critical characteristics of exploitable resources as per the approach known as
the 'resource-based view of competitive advantage'. - Answer all of the answer selections
If a firm can use _________ and ___________ to create valuable assets that others cannot
match, it may be able to _______________. - Answer Time; technology lead; sustain its
advantage
