BSG Final Exam Revision Questions and Answers

Suppliers are powerful when: they offer a credible threat of forward integration In analyzing the demographic segment of the general environment, one typically examines all of the following factors EXCEPT: cultural values Customers, suppliers, host communities, and unions are examples of capital market stakeholders False Analyzing the internal environment enables a firm to determine what it CAN DO by identifying resources, capabilities, and core competencies in the internal organizatio True Compared to tangible resources, intangible resources are an inferior source of core competencies False Which of the following is NOT a component of internal analysis leading to competitive advantage? Analysis of supplier power The generalized forms of value that goods and services provide are either low cost with acceptable features or highly differentiated features with acceptable cos True The integrated cost leadership/differentiation strategy is superior to the other business-level strategies False A risk of the differentiation strategy is that a firm's means of differentiation may cease to provide value for which customers are willing to pa True A horizontal acquisition involves two firms in the same industry. True The lower the barriers to entry, the more likely firms will use acquisition as a means to enter a market False Nonequity strategic alliances are formed when one partner owns a much larger (or inequitable) share of the joint venture than do the remaining partner( False