WPC 480 ASU final
QUESTIONS AND VERIFIED
CORRECT ANSWERS
GRADED A+ LATEST 100%
GUARANTEED PASS
Research indicates that a competitive advantage in logistics is a primary strategy that creates
the most value for a cost leadership strategy. Choose which of these value-creating activities
should be a focus for a company pursuing a cost leadership strategy. - CORRECT ANSWER-
Supply chain
Market segmentation is a part of all business-level strategies and is used to determine which
customers to serve. This is most critical for which business-level strategies? - CORRECT
ANSWER-
All of the following are considered generic business-level strategies EXCEPT: - CORRECT
ANSWER-product diversification.
Which characteristic best describes tactical actions? - CORRECT ANSWER-
FedEx and United Postal Service compete in many of the same markets and have similar types
of truck and airplane fleets, similar levels of financial capital, and other similarities. These
tangible and intangible resources between the two firms describes the: - CORRECT ANSWER-
resource similarity.
, Apple quickly launches their next wave of innovative iPhones in order to keep up with
competitors like Samsung and Microsoft. Imitation is rapid and inexpensive in the smartphone
industry. Apple is a part of what kind of market? - CORRECT ANSWER-Fast-cycle market
A firm that responds to the first mover's competitive action, typically though imitation, is called
a: - CORRECT ANSWER-second mover.
The ultimate test of the value of a corporate-level strategy is whether the: - CORRECT ANSWER-
businesses in the portfolio are worth more under the management of the company in question
than they would be under any other ownership.
Which of the following would be motive(s) for top-level executives to diversify their firm for
value-reducing reasons? - CORRECT ANSWER-
Apple has been known to sell its products at higher rates than competitors such as Microsoft, as
it has been successful at convincing consumers that Apple products are special and more
luxurious in comparison. By accomplishing this, Apple has gained: - CORRECT ANSWER-market
power.
Which of the following is not a primary benefit of diversification: - CORRECT ANSWER-
Appeasing corporate shareholders by taking action to make changes.
When a firm buys a competitor, supplier, distributor, or business in a highly related industry so a
core competency can be used to gain competitive advantage, this demonstrates an acquisition
strategy to _____. - CORRECT ANSWER-increase market power
When a firm acquires another firm competing in the same industry, market power is increased
through exploiting cost and revenue-based synergies. This type of acquisition is called: -
CORRECT ANSWER-horizontal acquisition.
QUESTIONS AND VERIFIED
CORRECT ANSWERS
GRADED A+ LATEST 100%
GUARANTEED PASS
Research indicates that a competitive advantage in logistics is a primary strategy that creates
the most value for a cost leadership strategy. Choose which of these value-creating activities
should be a focus for a company pursuing a cost leadership strategy. - CORRECT ANSWER-
Supply chain
Market segmentation is a part of all business-level strategies and is used to determine which
customers to serve. This is most critical for which business-level strategies? - CORRECT
ANSWER-
All of the following are considered generic business-level strategies EXCEPT: - CORRECT
ANSWER-product diversification.
Which characteristic best describes tactical actions? - CORRECT ANSWER-
FedEx and United Postal Service compete in many of the same markets and have similar types
of truck and airplane fleets, similar levels of financial capital, and other similarities. These
tangible and intangible resources between the two firms describes the: - CORRECT ANSWER-
resource similarity.
, Apple quickly launches their next wave of innovative iPhones in order to keep up with
competitors like Samsung and Microsoft. Imitation is rapid and inexpensive in the smartphone
industry. Apple is a part of what kind of market? - CORRECT ANSWER-Fast-cycle market
A firm that responds to the first mover's competitive action, typically though imitation, is called
a: - CORRECT ANSWER-second mover.
The ultimate test of the value of a corporate-level strategy is whether the: - CORRECT ANSWER-
businesses in the portfolio are worth more under the management of the company in question
than they would be under any other ownership.
Which of the following would be motive(s) for top-level executives to diversify their firm for
value-reducing reasons? - CORRECT ANSWER-
Apple has been known to sell its products at higher rates than competitors such as Microsoft, as
it has been successful at convincing consumers that Apple products are special and more
luxurious in comparison. By accomplishing this, Apple has gained: - CORRECT ANSWER-market
power.
Which of the following is not a primary benefit of diversification: - CORRECT ANSWER-
Appeasing corporate shareholders by taking action to make changes.
When a firm buys a competitor, supplier, distributor, or business in a highly related industry so a
core competency can be used to gain competitive advantage, this demonstrates an acquisition
strategy to _____. - CORRECT ANSWER-increase market power
When a firm acquires another firm competing in the same industry, market power is increased
through exploiting cost and revenue-based synergies. This type of acquisition is called: -
CORRECT ANSWER-horizontal acquisition.
