BUS-450 2 EXAM QUESTIONS WITH
100% CORRECT ANSWERS!!
1 of 55
Term
Which of the following is NOT true of the SPACE Matrix?
Give this one a try later!
The axes represent four The axes represent financial
internal dimensions. performance metrics.
, The axes represent The axes represent external market
customer satisfaction conditions.
levels.
Don't know?
2 of 55
Term
What are the two dimensions represented on the BCG matrix axes?
Give this one a try later!
Total sales and Brand loyalty and product
customer satisfaction innovation
Market segmentation and pricing Relative market share
strategy and industry growth
rate
Don't know?
3 of 55
Term
Firms should use Value Chain Analysis (VCA) to develop and nurture
a ______ competence and convert that into a distinctive competence.
Give this one a try later!
, superficial core
peripheral marginal
Don't know?
4 of 55
Term
What is the difference between the Type 3 and Type 4 levels of a
differentiation strategy?
Give this one a try later!
Type 3 focuses on cost reduction Type 3 is for established brands
while Type 4 emphasizes while Type 4 is for startups.
luxury.
Type 3 has a broad Type 3 is based on
target market and Type customer feedback while
4 has a narrow target Type 4 is data- driven.
market.
Don't know?
5 of 55
Term
, For nonprofit and governmental organizations, strategic
management is an important means to develop and justify
requests for needed _.
Give this one a try later!
human resources infrastructure development
marketing strategies financial support
Don't know?
6 of 55
Term
Retrenchment may be an especially effective strategy to pursue
under which of the following conditions?
Give this one a try later!
The organization is planning The organization is experiencing
to merge with another record profits and growth.
company.
The organization is being
pressured by stockholders to The organization has a strong
improve performance. market position and brand loyalty.
Don't know?
100% CORRECT ANSWERS!!
1 of 55
Term
Which of the following is NOT true of the SPACE Matrix?
Give this one a try later!
The axes represent four The axes represent financial
internal dimensions. performance metrics.
, The axes represent The axes represent external market
customer satisfaction conditions.
levels.
Don't know?
2 of 55
Term
What are the two dimensions represented on the BCG matrix axes?
Give this one a try later!
Total sales and Brand loyalty and product
customer satisfaction innovation
Market segmentation and pricing Relative market share
strategy and industry growth
rate
Don't know?
3 of 55
Term
Firms should use Value Chain Analysis (VCA) to develop and nurture
a ______ competence and convert that into a distinctive competence.
Give this one a try later!
, superficial core
peripheral marginal
Don't know?
4 of 55
Term
What is the difference between the Type 3 and Type 4 levels of a
differentiation strategy?
Give this one a try later!
Type 3 focuses on cost reduction Type 3 is for established brands
while Type 4 emphasizes while Type 4 is for startups.
luxury.
Type 3 has a broad Type 3 is based on
target market and Type customer feedback while
4 has a narrow target Type 4 is data- driven.
market.
Don't know?
5 of 55
Term
, For nonprofit and governmental organizations, strategic
management is an important means to develop and justify
requests for needed _.
Give this one a try later!
human resources infrastructure development
marketing strategies financial support
Don't know?
6 of 55
Term
Retrenchment may be an especially effective strategy to pursue
under which of the following conditions?
Give this one a try later!
The organization is planning The organization is experiencing
to merge with another record profits and growth.
company.
The organization is being
pressured by stockholders to The organization has a strong
improve performance. market position and brand loyalty.
Don't know?
