BUS 4385 LATEST 2026 TEST PAPER QUESTIONS AND
ANSWERS RATED A+
✔✔Which company case was this?
Company has expanded product offerings into streaming and grocery - ✔✔Amazon
✔✔Which company case was this?
Company possibly faces the threat of government intervention in the near future -
✔✔Amazon
✔✔Which company case was this?
Begs the question as to whether they are good or bad - ✔✔Amazon
✔✔According to "What is Disruptive Innovation" is Uber a disruptive innovation? -
✔✔No
✔✔What are the four main points from "What is Disruptive Innovation"? - ✔✔1.
Disruption is a process
2. Disruptors often build very different business models than that of incumbents
3. Some succeed and some don't
4. "Disrupt or be disrupted" can misguide us
✔✔What is this?
process whereby a company with fewer resources successfully challenges the
incumbent businesses - ✔✔Disruption
✔✔What is this?
When company serving the needs of the overlooked consumer at a lower price then
gains favor with the mainstream consumer and challenges the incumbent buisnesses -
✔✔Disruptive Innovation
✔✔View of consumer purchasing that centers around why a consumer "hires" your
product? - ✔✔Job to be done
✔✔What was the example Dr.Christensen uses to discuss "job to be done" -
✔✔Milkshake
✔✔What is this?
, the set of action's a company's managers take to outperform the competition and
achieve superior profitability - ✔✔Strategy
✔✔What is this?
Management's blueprint for delivering a valuable product or service to customers that
will yield an attractive profit - ✔✔Business Plan
✔✔What are the two elements of the business plan? - ✔✔1. Customer Value
proposition
2.. Profit Formula
✔✔What is this?
Sets forth how its strategy and operating approaches will create value for customers,
while at the same time generating revenues to cover costs and realizing a profit -
✔✔Business model
✔✔What is this?
attractively large number of buyers develop a durable preference for its products and
services over the offerings of competitors, despite the efforts of competitors to
overcome or erode its advantage - ✔✔Sustainable competitive advantage
✔✔What is this?
a combination of deliberate strategy elements and unplanned emergent elements -
✔✔realized strategy
✔✔What is this?
lays out its future direction, performance targets, and strategy - ✔✔strategic plan
✔✔What is this?
describes the "where we are going" the course and direction management has charted -
✔✔strategic vision
✔✔What is this?
Conveys the company's present position and purpose for operating - ✔✔Mission
statement
✔✔What is this?
ANSWERS RATED A+
✔✔Which company case was this?
Company has expanded product offerings into streaming and grocery - ✔✔Amazon
✔✔Which company case was this?
Company possibly faces the threat of government intervention in the near future -
✔✔Amazon
✔✔Which company case was this?
Begs the question as to whether they are good or bad - ✔✔Amazon
✔✔According to "What is Disruptive Innovation" is Uber a disruptive innovation? -
✔✔No
✔✔What are the four main points from "What is Disruptive Innovation"? - ✔✔1.
Disruption is a process
2. Disruptors often build very different business models than that of incumbents
3. Some succeed and some don't
4. "Disrupt or be disrupted" can misguide us
✔✔What is this?
process whereby a company with fewer resources successfully challenges the
incumbent businesses - ✔✔Disruption
✔✔What is this?
When company serving the needs of the overlooked consumer at a lower price then
gains favor with the mainstream consumer and challenges the incumbent buisnesses -
✔✔Disruptive Innovation
✔✔View of consumer purchasing that centers around why a consumer "hires" your
product? - ✔✔Job to be done
✔✔What was the example Dr.Christensen uses to discuss "job to be done" -
✔✔Milkshake
✔✔What is this?
, the set of action's a company's managers take to outperform the competition and
achieve superior profitability - ✔✔Strategy
✔✔What is this?
Management's blueprint for delivering a valuable product or service to customers that
will yield an attractive profit - ✔✔Business Plan
✔✔What are the two elements of the business plan? - ✔✔1. Customer Value
proposition
2.. Profit Formula
✔✔What is this?
Sets forth how its strategy and operating approaches will create value for customers,
while at the same time generating revenues to cover costs and realizing a profit -
✔✔Business model
✔✔What is this?
attractively large number of buyers develop a durable preference for its products and
services over the offerings of competitors, despite the efforts of competitors to
overcome or erode its advantage - ✔✔Sustainable competitive advantage
✔✔What is this?
a combination of deliberate strategy elements and unplanned emergent elements -
✔✔realized strategy
✔✔What is this?
lays out its future direction, performance targets, and strategy - ✔✔strategic plan
✔✔What is this?
describes the "where we are going" the course and direction management has charted -
✔✔strategic vision
✔✔What is this?
Conveys the company's present position and purpose for operating - ✔✔Mission
statement
✔✔What is this?
