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C483 Questions and Correct Answers/
Latest Update / Already Graded
Which of the following is a dominent atteibute of a heirarchical
culture?
Ans: Rules & Regulations
The internal government includes:
Ans: Culture and climate
Which of the following is a component of Porters competitive
environment?
Ans: Suppliers
Pluto Inc. is a computer technology corporation that has been
manufacturing laptops for the last 5 years. Recently, in the face of
shrinking market share, Pluto reduced its dependency on laptops by
venturing into tablet and smart phones. This is a example of what?
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Ans: Diversification
Why is understanding an organizations environment important?
Ans: Without this understanding, organizations tend to miss opportunities or
make poor decisions.
Which of the following is a characteristic of a strong culture?
Ans: Everyone believing in the firms practice.
Identifying the best in class performance by a company in a given
area, such as customer service, and then comparing the process to
one's own is called?
Ans: Benchmarking
According to Michael Porter's competitive environment model, high
switching costs increases?
C483 Questions and Correct Answers/
Latest Update / Already Graded
Which of the following is a dominent atteibute of a heirarchical
culture?
Ans: Rules & Regulations
The internal government includes:
Ans: Culture and climate
Which of the following is a component of Porters competitive
environment?
Ans: Suppliers
Pluto Inc. is a computer technology corporation that has been
manufacturing laptops for the last 5 years. Recently, in the face of
shrinking market share, Pluto reduced its dependency on laptops by
venturing into tablet and smart phones. This is a example of what?
, 2 | Page
Ans: Diversification
Why is understanding an organizations environment important?
Ans: Without this understanding, organizations tend to miss opportunities or
make poor decisions.
Which of the following is a characteristic of a strong culture?
Ans: Everyone believing in the firms practice.
Identifying the best in class performance by a company in a given
area, such as customer service, and then comparing the process to
one's own is called?
Ans: Benchmarking
According to Michael Porter's competitive environment model, high
switching costs increases?
