Whether strategic Study guides, Class notes & Summaries
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![BMGT 304 Strategic Management Mid Term || with Error-free Solutions.](/docpics/4952772/661460398e507_4952772_121_171.jpeg)
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BMGT 304 Strategic Management Mid Term || with Error-free Solutions.
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5 Basic Strategic Approaches correct answers Focused low Cost - Dollarama 
Focused Differentiation - Starbucks, Tesla 
Best-Cost Provider - (Value oriented) Amazon, Costco 
Broad Differentiation - Apple, Hudson Bay, RBC. 
Low Cost Provider - Walmart 
 
Business Model correct answers V or R- C = P 
 
Sustainable competitive advantage (S.C.A) correct answers a competitive advantage that other companies have tried unsuccessfully to duplicate and have, for the moment, stopped trying to duplicate...
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TEST BANK 
Enterprise Risk Management 
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1 
RSK2601 TEST BANK 
Question 1 
Which one of the following is a benefit of effective risk and opportunity management? 
1) Improved profit certainty 
2) Increased shareholder value 
3) Increased stakeholder confidence Correct option 3 
4) Lower economic returns 
Explanation 
Improved cost certainty, sustainable shareholder value, increased stakeholder confidence and 
higher economic returns...
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BV201 ASA Exam 2023 with 100% correct answers
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what does equity consist of? 
Paid-in capital in the form of preferred or common stock 
Preferred stocks 
return on investment 
Retained earnings 
 
 
 
equity of the business 
the owners' interest in the property after deductions are made for all liabilities. 
 
 
 
Invested capital 
sum of the stockholder's equity or partner's capital and the interest-bearing debt 
 
 
 
why is invested capital important? 
allows us to compare one company to another, or have an abnormal capital structure 
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