MGMT 3013 FINAL TEST 2026 QUESTIONS WITH CORRECT
ANSWERS GRADED A+
● Porter's Five Forces. Answer: Industry structure analysis
● Threat of New Entrants. Answer: Entry barriers
● Bargaining Power of Suppliers. Answer: Supplier influence
● Bargaining Power of Buyers. Answer: Customer influence
● Threat of Substitutes. Answer: Alternative products
● Rivalry Among Competitors. Answer: Competition intensity
● Generic Strategies. Answer: Basic competitive approaches
● Cost Leadership. Answer: Lowest cost provider
● Differentiation. Answer: Unique value
● Focus Strategy. Answer: Narrow market
● Growth Strategies. Answer: Expansion approaches
● Market Penetration. Answer: Existing market growth
● Market Development. Answer: New markets
● Product Development. Answer: New products
● Diversification. Answer: New products and markets
● Related Diversification. Answer: Similar businesses
● Unrelated Diversification. Answer: Different businesses
● Vertical Integration. Answer: Supply chain control
● Horizontal Integration. Answer: Same-level acquisition
ANSWERS GRADED A+
● Porter's Five Forces. Answer: Industry structure analysis
● Threat of New Entrants. Answer: Entry barriers
● Bargaining Power of Suppliers. Answer: Supplier influence
● Bargaining Power of Buyers. Answer: Customer influence
● Threat of Substitutes. Answer: Alternative products
● Rivalry Among Competitors. Answer: Competition intensity
● Generic Strategies. Answer: Basic competitive approaches
● Cost Leadership. Answer: Lowest cost provider
● Differentiation. Answer: Unique value
● Focus Strategy. Answer: Narrow market
● Growth Strategies. Answer: Expansion approaches
● Market Penetration. Answer: Existing market growth
● Market Development. Answer: New markets
● Product Development. Answer: New products
● Diversification. Answer: New products and markets
● Related Diversification. Answer: Similar businesses
● Unrelated Diversification. Answer: Different businesses
● Vertical Integration. Answer: Supply chain control
● Horizontal Integration. Answer: Same-level acquisition