MGMT 3013 EXAM 1 QUESTIONS AND ANSWERS 100% PASS

MGMT 3013 EXAM 1 QUESTIONS AND ANSWERS 100% PASS In the Uber article, taxi drivers, customers, anti-discrimination activists, city politicians, all have viewpoints on regulation of app-based taxi services. According to the text, these groups would be - Stakeholders For more than 100 years, railroads enjoyed a monopoly in both freight service and passenger service. They readily moved from steam locomotives to diesel-electric ones. They added air-conditioning and other passenger amenities. After World War II, long distance rail passenger traffic declined steadily and significantly. The primary cause was the emergence of regular airline service. Airlines offered faster service, competitive pricing and more convenient scheduling. This is a classic example of - Disruptive Technology Tyson employees carry a "values card" with them. They also wear khaki uniforms. These are part of Tyson's - Corporate culture When resources and capabilities serve as a source of competitive advantage for a firm, the firm has created a(an): - Core competence 2Brittie Donald, All Rights Reserved © 2025 According to the video, Business Strategy is: - How a company competes in its' own industry According to the video, all of these EXCEPT ONE, is an impact of globalization on most companies - Maintaining a company's current organizational structure Walmart has a sophisticated computer system called Retail Link. This system gives Walmart very detailed information about the sales in each of their location. In turn, this helps Walmart merchandise their stores according to the needs of the community it serves. They call this being a "store of the community". This type of industry analysis is: - Demographic Which of the following IS NOT a barrier to entry? - Training costs According to the text, the likelihood of entry of new competitors is most affected by _____ and _____. - barriers to entry, expected retaliation of current industry organizations Leroy is a Coors beer salesman. He goes into Grub's for his normal sales call and notices a new Core beer tap has been added. The beer is called Spring Harvest. Leroy tells his supervisor, Bubba about the new beer in Grub's. Bubba tells Leroy to keep an eye on how well the new beer sells and let him know. Bubba is asking Leroy to _______ the new beer. - Monitor 3Brittie Donald, All Rights Reserved © 2025 Rodney Razorback wants to sell Oklahoma craft beers in Arkansas. In order to do this, he has to get a license from the Arkansas Alcoholic Beverage Commission. They require him to post a $10,000 bond and fill out several tax forms. Rodney is really discouraged and probably won't try to sell beer in Arkansas because the taxes make it too expensive. The licensing requirement is: - A barrier to entry In the article, Cramer says you can judge the progress of the trade talks by watching how China treats the "Three A's". Which of these ARE NOT one of the "Three A's"? - Automobiles According to the Cramer article, many U.S. indust