BUS 475 Final Exam Questions
and Answers Latest Updated
2024/2025 (100% Verified
Answers)
Save
Terms in this set (99)
,________ can be Unique value
best defined as
the reason a
firm wins with
customers or
the value
proposition it
offers to
customers, such
as a low cost
advantage or
differentiation
advantage.
Which of the It is implemented as a result of
following careful analysis of markets,
statements is customers, competitors, and a
true of a firm's resources and capabilities.
deliberate
strategy?
Which of the It involves the ability to work with
following others to initiate changes that will
statements is create a competitive advantage for
true of strategic the organization in the future.
leaders?
,Katherine is the Red Cars' Mission
CEO of a car
dealership
company called
Red Cars. When
looking for new
investors for the
company, she
usually says that
Red Cars wants
to "Be the best
automotive
retailer in the
eyes of its
customers,
employees, and
shareholders."
Which of the
following does
this statement
best reflect?
, The managers Resource-based view of the firm
at Spring Hotels
want to find out
how their
competitor,
Crimson Valley
Hotels,
consistently
outdoes them.
Spring Hotels
have the same
facilities and
equipment as
Crimson Valley
Hotels, but
each month its
efforts to reach
the benchmark
set by Crimson
Valley Hotels
fails. This is
because
Crimson Valley
has elements
such as great
location
and Answers Latest Updated
2024/2025 (100% Verified
Answers)
Save
Terms in this set (99)
,________ can be Unique value
best defined as
the reason a
firm wins with
customers or
the value
proposition it
offers to
customers, such
as a low cost
advantage or
differentiation
advantage.
Which of the It is implemented as a result of
following careful analysis of markets,
statements is customers, competitors, and a
true of a firm's resources and capabilities.
deliberate
strategy?
Which of the It involves the ability to work with
following others to initiate changes that will
statements is create a competitive advantage for
true of strategic the organization in the future.
leaders?
,Katherine is the Red Cars' Mission
CEO of a car
dealership
company called
Red Cars. When
looking for new
investors for the
company, she
usually says that
Red Cars wants
to "Be the best
automotive
retailer in the
eyes of its
customers,
employees, and
shareholders."
Which of the
following does
this statement
best reflect?
, The managers Resource-based view of the firm
at Spring Hotels
want to find out
how their
competitor,
Crimson Valley
Hotels,
consistently
outdoes them.
Spring Hotels
have the same
facilities and
equipment as
Crimson Valley
Hotels, but
each month its
efforts to reach
the benchmark
set by Crimson
Valley Hotels
fails. This is
because
Crimson Valley
has elements
such as great
location
