Porters five forces Study guides, Revision notes & Summaries
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WGU D174 Marketing Management Questions and Answers Already Passed
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WGU D174 Marketing Management Questions and Answers Already Passed Miles and Snow's Strategy Types 1. Prospector 2. Analyzer 3. Defender 4. Reactor 
Prospector (Miles & Snow) Firm exhibits continual innovation by finding and exploiting new product and market opportunities. 
Analyzer (Miles & Snow) Firm relies heavily on analysis and imitation of the successes of other organizations, especially prospectors. 
Defender (Miles & Snow) Firm searches for market stability and production of only a limi...
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ISA 235 Final Exam Miami University Rated A+
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ISA 235 Final Exam Miami University 
 
Rated A+ 
 
Information Age The present time, during which infinite quantities of facts are widely 
available to anyone who can use a computer 
 
Internet of Things (IoT) a world where interconnected, Internet-enabled devices or "things" 
can collect and share data without human intervention 
 
Data raw facts that describe the characteristics of an event or object 
 
information Data converted into a meaningful and useful context 
 
Business intelligence ...
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WPC 480 MIDTERM EXAM QUESTIONS AND ANSWERS 2024 GRADED A
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Strategic Competitiveness - achieved when a firm successfully formulates and implements a value-creating strategy 
 
Strategy - integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage 
 
Competitive Advantage - when it implements a strategy that creates superior value for customers and competitors are unable to duplicate or find too costly to try to imitate. 
 
Above average returns - returns in excess of what an investor e...
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ISA 235 Final Exam Miami University Questions with complete Solutions!!
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The present time, during which infinite quantities of facts are widely available to anyone who can use a 
computer - Answer-Information Age 
a world where interconnected, Internet-enabled devices or "things" can collect and share data without 
human intervention - Answer-Internet of Things (IoT) 
raw facts that describe the characteristics of an event or object - Answer-Data 
Data converted into a meaningful and useful context - Answer-information 
Information collected from multiple sources s...
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CIPS L4M4 LO1 QUESTIONS AND ANSWERS 100% PASS
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CIPS L4M4 LO1 QUESTIONS AND 
 
ANSWERS 100% PASS 
 
What is sourcing? Sourcing is the location, acquisition and management of all the vital 
inputs required for an organisation to operate. 
 
What is tactical/operational sourcing? Low-level decision making 
High profit, low risk items 
Short-term projects 
Transactional relationships 
 
What is strategic sourcing? Top-level decision making 
High-profit, high-risk items 
Long-term projects 
Collaborative relationships 
 
What aspects typically re...
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BTMA Midterm questions with full solution 2023
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BTMA MidtermBusiness Strategy - correct answer 1. Marketing Strategy 
2. IT Strategy 
3. Operations Strategy 
4. Product Strategy 
 
Alignment - correct answer Michael Porter - #1 Purpose is ______ 
 
Simplified Value Chain - correct answer 1. Defining Value Chain 
2. Capturing Cost Data 
3. Controlling Cost 
4. Cutting Buyers Cost 
5. Determining Purchasing Criteria 
6. Reconfiguring Value Chain 
 
Industry Analysis - correct answer 1. Competitive Forces 
2. Strategic Planning 
3. Types of Stra...
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CIPS L4M4 LO1 questions with answers graded A+ 2024
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CIPS L4M4 LO1 
What is sourcing? - correct answer Sourcing is the location, acquisition and management of all the vital inputs required for an organization to operate. 
 
What is tactical/operational sourcing? - correct answer Low-level decision making 
High profit, low risk items 
Short-term projects 
Transactional relationships 
 
What is strategic sourcing? - correct answer Top-level decision making 
High-profit, high-risk items 
Long-term projects 
Collaborative relationships 
 
What aspe...
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SHRM-SCP My Study Review for SHRM-SCP Questions & Terms 2024 ( A+ GRADED 100% VERIFIED)
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SHRM-SCP My Study Review for SHRM-SCP Questions & Terms 2024 ( A+ GRADED 100% VERIFIED)
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K201 LECTURE EXAM 2 QUESTIONS WITH CORRECT ANSWERS
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cost, differentiation, industry-wide, and focus CORRECT ANSWER porters four competitive strategies 
 
rivalry, threat of new entrants, bargaining power of suppliers, threat of substitutions, bargaining power of customers CORRECT ANSWER Porters 5 forces: 
1. rivalry: for pizza in Bloomington, rivalry is strong because there are lots of different pizza places. 
2. threat of new entrants: a threat is strong if it is easy to get into the market and affordable by most food trucks. it would be weak ...
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ISDS EXAM 1 QUESTIONS AND ANSWERS GRADED A+
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ISDS EXAM 1 QUESTIONS AND ANSWERS GRADED A+ 
Convergence 
A state in which business strategy and technology strategy are intertwined and the leadership team member operate almost interchangeably. 
 
 
 
What are the Managerial Levels 
Organization 
Control 
Culture 
 
 
 
 
Elements of the Information System Strategy Triangle 
1. Business Strategy 
2. Organizational Strategy 
3. Information Strategy 
 
 
 
Business Strategy (IS Strategy Triangle) 
A well-articulate vision of where a business see...
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