MAN 4720 Exam 1 2025/2026 Exam
Questions and Verified Answers |
Already Graded A+
Top Corporate Performers Characteristics - 🧠 ANSWER ✔✔-have an
entrepreneurial/opportunistic mindset
-are market/customer-needs oriented
-make effective use of valuable competencies
-Offer new and innovative products and services
Being _________ is the biggest threat to any business - 🧠 ANSWER
✔✔non-customer centric
,The firms strategic choices - 🧠 ANSWER ✔✔-economies of scale
-barriers to market entry
-diversification
-product differentiation
-industry concentration
-market frictions
I/O (Industry Organization) Model Assumptions - 🧠 ANSWER ✔✔1. The
external environment imposes pressures and constraints that determine
strategic choices.
2. Similarity in strategically relevant resources causes competitors to
pursue similar strategies.
3. Resource differences among competitors are short-lived due to resource
mobility across firms.
4. Strategic decision makers are rational and engage in profit-maximizing
behaviors.
5 Forces Model of Competition - 🧠 ANSWER ✔✔
, Industry Profitability - 🧠 ANSWER ✔✔-a function of interactions among the
5 forces
Building Competitive Advantage - 🧠 ANSWER ✔✔resources, capability and
core competence
Core Competencies - 🧠 ANSWER ✔✔-rare
-valuable
-nonsubstitutable
-costly to imitate
Stakeholders - 🧠 ANSWER ✔✔people who are affected by a firm's
performance and who have claims on its performance
Categories of stakeholders - 🧠 ANSWER ✔✔-capital market stakeholders
-product market stakeholders
-organizational stakeholders
Capital market stakeholders - 🧠 ANSWER ✔✔-shareholders
-major suppliers of capital (i.e. banks)
Organizational Stakeholders - 🧠 ANSWER ✔✔-employees
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
3
Questions and Verified Answers |
Already Graded A+
Top Corporate Performers Characteristics - 🧠 ANSWER ✔✔-have an
entrepreneurial/opportunistic mindset
-are market/customer-needs oriented
-make effective use of valuable competencies
-Offer new and innovative products and services
Being _________ is the biggest threat to any business - 🧠 ANSWER
✔✔non-customer centric
,The firms strategic choices - 🧠 ANSWER ✔✔-economies of scale
-barriers to market entry
-diversification
-product differentiation
-industry concentration
-market frictions
I/O (Industry Organization) Model Assumptions - 🧠 ANSWER ✔✔1. The
external environment imposes pressures and constraints that determine
strategic choices.
2. Similarity in strategically relevant resources causes competitors to
pursue similar strategies.
3. Resource differences among competitors are short-lived due to resource
mobility across firms.
4. Strategic decision makers are rational and engage in profit-maximizing
behaviors.
5 Forces Model of Competition - 🧠 ANSWER ✔✔
, Industry Profitability - 🧠 ANSWER ✔✔-a function of interactions among the
5 forces
Building Competitive Advantage - 🧠 ANSWER ✔✔resources, capability and
core competence
Core Competencies - 🧠 ANSWER ✔✔-rare
-valuable
-nonsubstitutable
-costly to imitate
Stakeholders - 🧠 ANSWER ✔✔people who are affected by a firm's
performance and who have claims on its performance
Categories of stakeholders - 🧠 ANSWER ✔✔-capital market stakeholders
-product market stakeholders
-organizational stakeholders
Capital market stakeholders - 🧠 ANSWER ✔✔-shareholders
-major suppliers of capital (i.e. banks)
Organizational Stakeholders - 🧠 ANSWER ✔✔-employees
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
3
