BSG Final Exam With 100% Correct Answers 2023

Suppliers are powerful when: - Correct Answer-they offer a credible threat of forward integration In analyzing the demographic segment of the general environment, one typically examines all of the following factors EXCEPT: - Correct Answer-cultural values Customers, suppliers, host communities, and unions are examples of capital market stakeholders - Correct Answer-False Analyzing the internal environment enables a firm to determine what it CAN DO by identifying resources, capabilities, and core competencies in the internal organizatio - Correct Answer-True Compared to tangible resources, intangible resources are an inferior source of core competencies - Correct Answer-False Which of the following is NOT a component of internal analysis leading to competitive advantage? - Correct Answer-Analysis of supplier power The generalized forms of value that goods and services provide are either low cost with acceptable features or highly differentiated features with acceptable cos - Correct Answer-True The integrated cost leadership/differentiation strategy is superior to the other businesslevel strategies - Correct Answer-False A risk of the differentiation strategy is that a firm's means of differentiation may cease to provide value for which customers are willing to pa - Correct Answer-True A horizontal acquisition involves two firms in the same industry. - Correct Answer-True The lower the barriers to entry, the more likely firms will use acquisition as a means to enter a market - Correct Answer-False Nonequity strategic alliances are formed when one partner owns a much larger (or inequitable) share of the joint venture than do the remaining partner( - Correct AnswerFalse A nonequity strategicalliance exists when: - Correct Answer-two or more firms develop a contractual relationship to share some of their resources to create a competitive advantage Procter & Gamble (P&G) has a paper towel and baby diaper business that both use paper products. This is an example of value created through the sharing of activiti - Correct Answer-True An unrelated diversification strategy can create value through two types of financial economies: (1) efficient internal capital allocations and (2) purchasing other firms, restructuring their assets, and selling them: - Correct Answer-True Innovations that move ALONG the curve are "incremental" - Correct Answer-True Innovation is commercialization of invention - Correc