Mba 705 2 1 Study guides, Revision notes & Summaries
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LSUS MBA 705 Chapter 12 Complete Solutions
- Exam (elaborations) • 4 pages • 2024
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LSUS MBA 705 Chapter 12 Complete Solutions 
Balanced Scorecard: An approach to measuring performance based on an array of 
quantitative and qualitative factors, such as ROA, market share, customer loyalty and 
satisfaction, speed, and innovation. 
Best Practices: Processes or activities that have been successful in other firms. 
Business Process Reengineering: The application of technology and creativity in an 
effort to eliminate unnecessary operations or drastically improve those that ar...
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MBA 705 - Module 2 Verified Answers
- Exam (elaborations) • 7 pages • 2024
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MBA 705 - Module 2 Verified Answers 
industry ️a group of companies that produce competing products or services 
critical success factors (csf) ️elements of the strategy that promote (but do not guarantee) success 
within a given industry; often shared by rivals 
primary industry ️consists of a firm's most direct competitors 
secondary industry ️consists of a firm's less direct rivals 
Outside sources can help define an industry, but top managers must make their own determination...
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MBA 705 - Chapter 1 – Wyatt Guaranteed Success
- Exam (elaborations) • 10 pages • 2024
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MBA 705 - Chapter 1 – Wyatt Guaranteed Success 
CEO duality ️A situation in which the CEO also serves as the chair of the board 
Comparative Advantage: ️The idea that certain products may be produced more cheaply or at a 
higher quality in particular countries due to advantages in labor costs or technology. 
Competitive Advantage ️A state whereby a business unit's successful strategies cannot be easily 
duplicated by its competitors. 
Contingency Theory ️A view that states the m...
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MBA 705 - Module 2 questions with complete solutions 2023
- Exam (elaborations) • 6 pages • 2023
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MBA 705 - Module 2 questions with complete solutions 2023industry 
a group of companies that produce competing products or services 
 
 
 
critical success factors (csf) 
elements of the strategy that promote (but do not guarantee) success within a given industry; often shared by rivals 
 
 
 
primary industry 
consists of a firm's most direct competitors 
 
 
 
secondary industry 
consists of a firm's less direct rivals 
 
 
 
Outside sources can help define an industry, but top managers must...
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MBA 705 - Module 1 questions with correct solutions 2023
- Exam (elaborations) • 3 pages • 2023
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MBA 705 - Module 1 questions with correct solutions 2023mission 
broadly defined but enduring statement of purpose that identifies the scope of an organization's operations and its offerings to the various stakeholders 
 
 
 
strategy 
top management's plans to develop and sustain competitive advantage so that the organization's mission is fulfilled 
 
 
 
competitive advantage 
whereby a firm's successful strategies cannot be easily duplicated by its competitors; can be challenging to susta...
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Exam (elaborations) SAUNDERS COMPREHENSIVE REVIEW for the NCLEX-PN Examination 6TH EDITION
- Exam (elaborations) • 1042 pages • 2021
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SAUNDERS COMPREHENSIVE REVIEW for the NCLEX-PN Examination 6TH EDITION 
AUNDERS COMPREHENSIVE 
REVIEW for the 
NCLEX-PN Examination 6TH 
EDITION 
By LINDA ANNE SILVESTRI, 
PhD, RN 
ISBN: 978-0-323-28931-3 
1042 PAGES 
 
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