WPC 470 ACTUAL EXAM COMPLETE TESTED QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!!
WPC 470 ACTUAL EXAM COMPLETE TESTED QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!! A local community arts nonprofit organization is seeking to expand its programming and is considering putting just one new program in place this year. It may choose painting workshops for people with disabilities, summer camps for young children, a musical performing arts series for skilled musicians, or classes for seniors. The organization's most committed volunteer is a kindergarten teacher who has offered to be the leader of whichever new program the organization implements. If the nonprofit is utilizing the resource-based model of above-average returns, in which of the following ways should it expand its programming? - ANSWER- Summer camps for young children because the organization should use the knowledge of its passionate volunteer to its greatest advantage Michael is the CEO of a manufacturer with plants in three countries. He currently has a product line that is manufactured only in the company's U.S. plant. That product has experienced a steady increase in its export sales to Europe over the last three years. The international sales director is recommending that the company expand manufacturing capabilities at the European plant to include this product line. Michael and his management team must consider whether to pursue this strategy. This is - ANSWER- a decision that would benefit from using the entire strategic management process Which of the following describes a company that has delivered above-average returns to its investors? - ANSWER- A tool manufacturer that announced it will increase its dividend payment- the highest dividend amongst all of its industry competitors- for the upcoming quarter due to maker share gains in overseas markets A multidivisional corporation that manufactures large steel tanks is considering starting a new business unit to serve the transportation industry. The company is utilizing the industrial organization (I/O) model of above-average returns to develop its strategy. Which of the following decisions is consistent with this model? - ANSWER- The company's research into a new railcar guideline that requires all tanker cars to be replaced or retrofitted over the next five years lead its leaders to start a business that manufactures tanker cars to capitalize on the new demand All of the following are analyzed during the SWOT analysis EXCEPT - ANSWER- Objectives The strategic management process is the - ANSWER- full set of commitments, decisions, and actions firms take to achieve strategic competitiveness and earn above-average returns
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