Questions With Reviewed 100% Correct Detailed Answers
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Which of the following three important
stakeholder attributes should managers
pay special close attention to in order power, legitimacy, and urgency
to better understand stakeholder impact
analysis?
government agency that regulates the
The best example of a firm's external
prices of products manufactured by the
stakeholders is a(n)
firm
Which of the following is an example of A firm produces a similar number of wall
competitive parity? clocks at a similar cost as its competitors
design batteries without the chemical
Batt Packs recently came under criticism
and market them as environmentally
when
friendly
ensure that the company is profitable
The founder of T-Square Construction
and has a sustainable competitive ad-
strongly
vantage
Upper management at ComfyShoe Inc.,
a manufacturer of insoles for shoes,
wants to work on improving the product
ComfyShoe Inc. wants to be the best
lines it already has without taking on oth-
manufacturer of insoles in the industry
er challenges at this time. Which of the
following vision statements reflects that
goal?
Customer-oriented vision statements are
Which of the following statements is true
not the same as listening to your cus-
of customer-oriented visions?
tomer
Do vision statements help firms gain and It depends, because the effectiveness of
sustain competitive vision statements differ by type
Maria and Tom both dialectic inquiry
EverMart Inc. is a large company that
strategic business units
sells
The company is likely to be very prof-
Hank runs
itable as long as the threat to entry is low
In which of the following situations is a
company that exists in the telecommu-
1/5
, WPC 470 Midterm Actual Exam
Questions With Reviewed 100% Correct Detailed Answers
Guaranteed Pass!!Current Update
nications industry most likely to face the if the industry has recently become
highest threat of entry? deregulated
We Ensure Inc., an insurance firm, re-
switching cost
placed
Nye Stud oligopolistic
Which of the following fundamental in-
Any of the five forces on its own, if suffi-
sights was provided by Porter's five
ciently strong, can extract industry prof-
forces framework from the completion of
itability
the Alta Velocidad Española (AVE)?
Pharmacat Pharma low
the local fast-food chain Easy Hot Dogs
Which of the following applies to the
used its wholesome image to maintain its
Strength-Threats quadrant of the SWOT
competitive advantage against stiff com-
matrix?
petition
Buzztronic will have a resource that is
Buzztronic
valuable but no longer rare
When conduction a
, it's best to exam-
ine both PESTEL and Porter's five forces SWOT analysis
analyses because these tools focus on
the external environment
Toyago Inc. resource immobility
Blackzim Wireless is a cellular service
provider that charges its customers $1
for three hours of talk time. So, if a cus-
tomer's talk time for a month is 60 hours,
pay-as-you-go
the compoany charges him or her $20
at the end of the month. Which of the
following business models does this best
illustrate?
it helps the firm achieve positive results
How does a sustainable strategy typical-
along the social and ecological dimen-
ly help a firm?
sions
Which of the following statements is true accounting data are historical data and
of accounting data? thus backward-looking
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