Questions With Reviewed 100% Correct Detailed Answers
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Spencer Fraseur was required to take
over a project after the entire team left
the company. He was able to recon-
struct what the team had accomplished using explicit knowledge
through reading e-mails exchanged by
the previous teams members. This is an
example of
What type of risk is due to fluctuations in
Economic risk
the local currency's exchange rate
- All of the above
What are the qualities of leadership (Self-awareness, lead with vision, trans-
parency)
What are the 4 stages of industry life
introduction, growth, maturity, decline
cycle
What is not an example of intellectual
cash flow
capital
What is NOT an example of an entry
new era entry
strategy
- Explicit knowledge is codified, docu-
What is the difference between explicit ment, daily reproduced knowledge
and tactic knowledge - tacit knowledge is stored in the minds of
employees based on their experiences
Which of these companies uses cost
- Ikea
leadership as their generic level strategy
Organization acquiring businesses be-
Explain backwards integration coming their own manufacturer and sup-
plier of raw materials
What is not an advantage of electronic they're less flexible in responding to
teams unanticipated work challenges
if several competitors pursue similar dif-
What is true about competitive advan- ferentiation tactics they may all be per-
tage ceived as equals In the mind of con-
sumers
As markets mature there is increase emphasis on efficiency
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