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c483 Questions and Correct Answers/
Latest Update / Already Graded
A value chain is the sequence of activities that begins with raw
materials. What result does a value chain end with?
Ans: delivery of products and services
what happens when an effective value chain is created
Ans: profit margins are increased (321)
industry and market, competitor analysis, and social analysis are
examples of which step in strategic planning process
Ans: analysis of exteral opportunities and threats
skilled management, positive cash flow, and well known brands are
examples of which component of the SWOT analysis
Ans: strengths
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what denotes skill or expertise in an activity that constitutes the roots
of competitiveness in an organization
Ans: core competencies
according to michael porters competitive environment model, how
can suppliers influence strategic planning
Ans: suppliers can reduce mfg time and increase product quality
a company offers unique products in its industry to create a
competitive advantage. which type of strategy is the company
using
Ans: customization
happy inc., is a leading provider of family entertainment and BCD is
a broadcasting company with news, cable and entertainment
networks. happy inc., recently acquired BCD in hopes of boosting its
primary business of family entertainment. which type of corporate
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strategy is represented by happy inc.'s purchase of their distribution
network
Ans: vertical integration
what is the first step of organizational strategic planning?
Ans: developing internal strengths
a local business has provided services to its customers for 40 years.
the business's mission is "to give our customers the best service in
town" the owner of the business has had a long-standing dream to
franchise the business and become the best provider of its services in
the united states. what describes the owners dream?
Ans: strategic planning
the introduction of statistical tools to analyze the causes of product
defects is associated with which quality improvement approach?
c483 Questions and Correct Answers/
Latest Update / Already Graded
A value chain is the sequence of activities that begins with raw
materials. What result does a value chain end with?
Ans: delivery of products and services
what happens when an effective value chain is created
Ans: profit margins are increased (321)
industry and market, competitor analysis, and social analysis are
examples of which step in strategic planning process
Ans: analysis of exteral opportunities and threats
skilled management, positive cash flow, and well known brands are
examples of which component of the SWOT analysis
Ans: strengths
,2 | Page
what denotes skill or expertise in an activity that constitutes the roots
of competitiveness in an organization
Ans: core competencies
according to michael porters competitive environment model, how
can suppliers influence strategic planning
Ans: suppliers can reduce mfg time and increase product quality
a company offers unique products in its industry to create a
competitive advantage. which type of strategy is the company
using
Ans: customization
happy inc., is a leading provider of family entertainment and BCD is
a broadcasting company with news, cable and entertainment
networks. happy inc., recently acquired BCD in hopes of boosting its
primary business of family entertainment. which type of corporate
, 3 | Page
strategy is represented by happy inc.'s purchase of their distribution
network
Ans: vertical integration
what is the first step of organizational strategic planning?
Ans: developing internal strengths
a local business has provided services to its customers for 40 years.
the business's mission is "to give our customers the best service in
town" the owner of the business has had a long-standing dream to
franchise the business and become the best provider of its services in
the united states. what describes the owners dream?
Ans: strategic planning
the introduction of statistical tools to analyze the causes of product
defects is associated with which quality improvement approach?
