WPC 480 Exam #1
QUESTIONS AND VERIFIED
CORRECT ANSWERS
GRADED A+ LATEST 100%
GUARANTEED PASS
Realized strategy - CORRECT ANSWER-combination of intended and emergent strategy
PESTEL Framework - CORRECT ANSWER-Political factors: processes and actions of government
bodies. Lobbying, public relations, contributions, litigations.
Economic factors: macro economic climates. Growth rates, employment, interest rates, price
stability, currency exchange rates.
Sociocultural factors:demographic trends,cultures, norms, and values.
Technological factors: innovations in process and product technology
Ecological factors:involve environmental issues (e.g., Natural environment, global warming,
sustainable economic growth).
Legal factors:official outcomes of political processes (e.g., (de)regulations, court decisions, laws)
Competitive Industry Structure - CORRECT ANSWER--Perfect competition
, -Oligopoly
-Monopolistic competition
-Monopoly
Strategic Groups - CORRECT ANSWER-companies in a specific industry that pursue similar
strategies.
Ex. wal-mart, target, fry's, bashas
Ex. costco, sam's club
5 Forces Model - CORRECT ANSWER--Power of suppliers
-Intra-industry rivalry
-threat of substitutes
-threat of entrants
-Power of buyers
Core Competencies - CORRECT ANSWER-Unique strengths allowing a firm to differentiate its
products and services from those of its rivals.
Ex. Facebook
IT capabilities
Data mining
Firm - CORRECT ANSWER-bundle of resources
-financial
-human
QUESTIONS AND VERIFIED
CORRECT ANSWERS
GRADED A+ LATEST 100%
GUARANTEED PASS
Realized strategy - CORRECT ANSWER-combination of intended and emergent strategy
PESTEL Framework - CORRECT ANSWER-Political factors: processes and actions of government
bodies. Lobbying, public relations, contributions, litigations.
Economic factors: macro economic climates. Growth rates, employment, interest rates, price
stability, currency exchange rates.
Sociocultural factors:demographic trends,cultures, norms, and values.
Technological factors: innovations in process and product technology
Ecological factors:involve environmental issues (e.g., Natural environment, global warming,
sustainable economic growth).
Legal factors:official outcomes of political processes (e.g., (de)regulations, court decisions, laws)
Competitive Industry Structure - CORRECT ANSWER--Perfect competition
, -Oligopoly
-Monopolistic competition
-Monopoly
Strategic Groups - CORRECT ANSWER-companies in a specific industry that pursue similar
strategies.
Ex. wal-mart, target, fry's, bashas
Ex. costco, sam's club
5 Forces Model - CORRECT ANSWER--Power of suppliers
-Intra-industry rivalry
-threat of substitutes
-threat of entrants
-Power of buyers
Core Competencies - CORRECT ANSWER-Unique strengths allowing a firm to differentiate its
products and services from those of its rivals.
Ex. Facebook
IT capabilities
Data mining
Firm - CORRECT ANSWER-bundle of resources
-financial
-human
