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AGEC 318 KSU- REAL EXAM STUDY QUESTIONS WITH EXPERT VERIFIED ANSWERS FOR GUARANTEED PASS | LATEST UPDATE 2025

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AGEC 318 KSU- REAL EXAM STUDY QUESTIONS WITH EXPERT VERIFIED ANSWERS FOR GUARANTEED PASS | LATEST UPDATE 2025

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AGEC 318
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January 20, 2025
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AGEC 318 KSU- REAL EXAM STUDY QUESTIONS
WITH EXPERT VERIFIED ANSWERS FOR
GUARANTEED PASS | LATEST UPDATE 2025

If you are using a Mini-Maxi strategy from your SWOT analysis then you are using one of
your company's ________________ to leverage/neutralize a(an) __________________.
- ✔✔Weaknesses; Opportunity


Which of the following belongs under the "Strength" category in a SWOT analysis: -
✔✔The location of a business


In the reading "Can you say what your strategy is?", they authors claim that what
distinguishes firms from other firms strategically is/are _________________________. -
✔✔The trade-off that companies make


Resource heterogeneity assumes that _________________________________. -
✔✔Different firms have different resources/skills


_______________ and ___________________ are the internal components of the
SWOT analysis? - ✔✔Strengths; Weaknesses



Which of the following is not true about of the Resource-Based view. - ✔✔Human
resources are treated differently than tangible resources


Which of the following belongs under the "Weakness" category in a SWOT analysis: -
✔✔Your company has poor customer service

, The Business Vision consists of three parts: Vision Statement, Values Statement, and
______________. - ✔✔Mission Statement


Which strategy tool is best if you are wanting to analyze the value of your companies
resources? - ✔✔VRIO (RBV)



The ________________ is what the firm aspires to be. - ✔✔Business Vision
Statement


Who is the speaker in the video "Choices, Happiness, and Spaghetti Sauce?" -
✔✔Malcolm Gladwell


According to the speaker, if everyone in a room were to develop a coffee what would be
the average rating of that coffee on a 0 to 100 scale? - ✔✔60



What experiment could Howard not make sense of? - ✔✔Diet Pepsi


Of the types of spaghetti sauce that people demanded that Howard Moskowitz found
through his research with Prego, what type was the one that was previously thought to
be a type that consumers did not demand and you could not find in grocery stores? -
✔✔Extra Chunky


Who was the dominant tomato sauce in the 1980's according to Malcolm Gladwell? -
✔✔Ragu



Where was Howard's consulting business located? - ✔✔White Plains, NY

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