BUS 475 EXAM 1 QUESTIONS AND ANSWERS 2025
Competitive pressure stemming from buyer bargaining power tends to be weakest in which of the
following circumstances? - (ANSWER)The aviation manufacturing industry offers highly differentiated
products
A winning strategy is one that... - (ANSWER)Fits the company's internal and external situation and builds
SCA
in doing a SWOT analysis, which is not an example of a potential resource weakness/competitive
deficiency? - (ANSWER)Having a singled unified functional strategy
the difference between the concept of a company mission statement and the concept of a strategic
vision is that - (ANSWER)A mission reflects a company's business scope, a vision: its aspirations
Which of the following Is not a good example of a substitute product that triggers stronger competitive
pressures? - (ANSWER)Coca Cola as a substitute for pepsi
which of the following consumer goods companies does not pursue the same business model -
(ANSWER)Dell laptops
which of the following is not an example of a strategic objective? - (ANSWER)Boost internal cash flows
by 7% to fund new R&D activities
The strategically relevant factors outside a companies industry boundaries ( eg economics and political)
conditions are.. - (ANSWER)A companies macro environment
the competitive power of a companies capability strength is NOT measured by which one of the
following tests - (ANSWER)Is the capability something internal or collaborative
which of the following statements is most accurate: every strategy needs... - (ANSWER)A distinctive
element that attracts customers and has a competitive edge
Competitive pressure stemming from buyer bargaining power tends to be weakest in which of the
following circumstances? - (ANSWER)The aviation manufacturing industry offers highly differentiated
products
A winning strategy is one that... - (ANSWER)Fits the company's internal and external situation and builds
SCA
in doing a SWOT analysis, which is not an example of a potential resource weakness/competitive
deficiency? - (ANSWER)Having a singled unified functional strategy
the difference between the concept of a company mission statement and the concept of a strategic
vision is that - (ANSWER)A mission reflects a company's business scope, a vision: its aspirations
Which of the following Is not a good example of a substitute product that triggers stronger competitive
pressures? - (ANSWER)Coca Cola as a substitute for pepsi
which of the following consumer goods companies does not pursue the same business model -
(ANSWER)Dell laptops
which of the following is not an example of a strategic objective? - (ANSWER)Boost internal cash flows
by 7% to fund new R&D activities
The strategically relevant factors outside a companies industry boundaries ( eg economics and political)
conditions are.. - (ANSWER)A companies macro environment
the competitive power of a companies capability strength is NOT measured by which one of the
following tests - (ANSWER)Is the capability something internal or collaborative
which of the following statements is most accurate: every strategy needs... - (ANSWER)A distinctive
element that attracts customers and has a competitive edge