What are porters 5 forces Study guides, Class notes & Summaries
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L4M8 Procurement & Supply in Practice Exam Questions And Answers (Verified And Updated)
- Exam (elaborations) • 41 pages • 2024
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L4M8 Procurement & Supply in Practice 
Exam Questions And Answers (Verified And 
Updated) 
How many stages are there within the CIPS Procurement Cycle? - answerThe CIPS 
procurement cycle has 13 stages: 
1. Understand need and develop a high-level specification. 
2. Market/commodity options including make-versus-but assessment. 
3. Develop strategy/plan. 
4. Pre-procurement market tests and market engagement. 
5. Development of required documentation, e.g. request for quotation (RFQ). 
6. Suppli...
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Capstone exam 1 (short answer) and Questions Newly Updated 2024
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Capstone exam 1 (short answer) and 
Questions Newly Updated 2024 
Define a Strategy - CORRECT ANSWER-A company's strategy consists of competitive 
move and business approaches managers use to run a company. It is the managers 
"action plan" to grow the business, attract customers and become competitive in the 
market. 
How can a strategy be ethical? - CORRECT ANSWER-A company's strategy must 
entail actions that can pass moral scrutiny. It should not be shady, unconscionable, 
injuriou...
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ISA 235 Final Exam Gowins Questions With Verified Answers
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ISA 235 Final Exam Gowins Questions With 
Verified Answers 
Data - answerRaw facts that describe the characteristics of an event or object 
Structured Data - answerStored in traditional system such as a relational data base or 
spreadsheet 
Unstructured Data - answerNot defined and does not follow specific format 
Big Data - answerCollection of large, complex data sets including structured and 
unstructured data. 
Information - answerData converted into meaningful and useful context 
Business In...
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BTMA 317 Questions And Answers 2024.
- Exam (elaborations) • 10 pages • 2024
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BTMA 317 Questions And Answers 2024. 
Competitive strategy statement - correct answer Identifies a business' approach to compete, goals, and plans and policies to achieve goals. 
 
#1 purpose of strategy - correct answer Alignment 
 
Industry Analysis - correct answer Competitive forces, strategic alignment, types of strategies, strategic planning. 
 
Different industries offer different profit potential, what is the profit potential measured by? - correct answer Porters 5 forces 
 
Porter Valu...
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L4M8 Procurement & Supply in Practice Exam Questions And Answers (Verified And Updated)
- Exam (elaborations) • 41 pages • 2024
- Available in package deal
-
- $14.49
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L4M8 Procurement & Supply in Practice 
Exam Questions And Answers (Verified And 
Updated) 
How many stages are there within the CIPS Procurement Cycle? - answerThe CIPS 
procurement cycle has 13 stages: 
1. Understand need and develop a high-level specification. 
2. Market/commodity options including make-versus-but assessment. 
3. Develop strategy/plan. 
4. Pre-procurement market tests and market engagement. 
5. Development of required documentation, e.g. request for quotation (RFQ). 
6. Suppli...
And that's how you make extra money
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AIPMM - CPM Practice Exam Verified Questions And Answers 2023/2024
- Exam (elaborations) • 14 pages • 2023
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AIPMM - CPM Practice Exam Verified Questions And Answers 2023/2024 
 
AIPMM - CPM Practice Exam Verified Questions And Answers 2023/2024
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AIPMM - CPM PRACTICE EXAM QUESTIONS WITH 100% CORRECT ANSWERS 2024
- Exam (elaborations) • 15 pages • 2024
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AIPMM - CPM PRACTICE EXAM QUESTIONS WITH 100% CORRECT ANSWERS 2024
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BTMA 317 Final Exam Questions Correctly Answered.
- Exam (elaborations) • 10 pages • 2024
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BTMA 317 Final Exam Questions Correctly Answered. 
Competitive strategy statement - correct answer Identifies a business' approach to compete, goals, and plans and policies to achieve goals. 
 
#1 purpose of strategy - correct answer Alignment 
 
Industry Analysis - correct answer Competitive forces, strategic alignment, types of strategies, strategic planning. 
 
Different industries offer different profit potential, what is the profit potential measured by? - correct answer Porters 5 forces 
...
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K201 LECTURE EXAM 2 QUESTIONS WITH CORRECT ANSWERS
- Exam (elaborations) • 13 pages • 2023
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cost, differentiation, industry-wide, and focus CORRECT ANSWER porters four competitive strategies 
 
rivalry, threat of new entrants, bargaining power of suppliers, threat of substitutions, bargaining power of customers CORRECT ANSWER Porters 5 forces: 
1. rivalry: for pizza in Bloomington, rivalry is strong because there are lots of different pizza places. 
2. threat of new entrants: a threat is strong if it is easy to get into the market and affordable by most food trucks. it would be weak ...
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BUSM 1100 Final Exam Questions and Answers Graded A+
- Exam (elaborations) • 9 pages • 2024
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BUSM 1100 Final Exam Questions and Answers Graded A+ 
5 categories of operations planning 
capacity, location, layout, quality, methods 
 
 
 
aspects of managing for quality 
planning starts before the product is designed; organizing when everyone from the CEO to the clerk works together; leading by inspire and motivating so workers accept quality ownership; controlling by monitor, establish standards and providing high quality goods to customers 
 
 
 
 
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