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complete study set F-01 NYC questions and answers
When the size, design, and arrangement of occupancy would unduly delay FDNY's 
access to the hazard & Where storage, handling, or use of a material or conduct of an 
operation gives rise to special hazards in addition to normal hazards of the occupancy 
When would a commissioner require Additional Fire Protection Systems or Fire 
Safety Measures? 
It's unlawful to install or maintain any device with the appearance of fire protection 
equipment that doesn't perform fire protection functi...
- Examen
- • 10 páginas •
When the size, design, and arrangement of occupancy would unduly delay FDNY's 
access to the hazard & Where storage, handling, or use of a material or conduct of an 
operation gives rise to special hazards in addition to normal hazards of the occupancy 
When would a commissioner require Additional Fire Protection Systems or Fire 
Safety Measures? 
It's unlawful to install or maintain any device with the appearance of fire protection 
equipment that doesn't perform fire protection functi...
MBA-705 Module 4 questions and answers
structutal innovations modifying the structure of the organization and/or the 
business model to improve competitiveness 
value innovations modifying products, services, and activities in order to 
maximize value delivered to customersacquisition a form of merger whereby 
one firm purchases another, often with a combo of cash and stock 
Backward Integration A firm's acquisition of its suppliers
- Examen
- • 6 páginas •
structutal innovations modifying the structure of the organization and/or the 
business model to improve competitiveness 
value innovations modifying products, services, and activities in order to 
maximize value delivered to customersacquisition a form of merger whereby 
one firm purchases another, often with a combo of cash and stock 
Backward Integration A firm's acquisition of its suppliers
MBA 705: Exam 3 questions and answers
Which of the following could not be an example of a weakness? 
A. product quality. 
B. fierce competition. 
C. human resources. 
D. All of the above could be weaknesses. B. Fierce competition comes from 
outside of the organization and would be a threat, not a weakness
- Examen
- • 22 páginas •
Which of the following could not be an example of a weakness? 
A. product quality. 
B. fierce competition. 
C. human resources. 
D. All of the above could be weaknesses. B. Fierce competition comes from 
outside of the organization and would be a threat, not a weakness
MBA 705 - LSUS - Spring 2022 - Dr. Erin McLaughlin questions and answers
When the value of the U.S. dollar increases, U.S. firms __________. compete 
at a disadvantage in foreign markets. 
A strong U.S. dollar raises the prices of U.S. goods abroad, creating a disadvantage 
for U.S. firms abroad. 
A decline in a nation's GDP for two or more consecutive quarters is known as 
__________. Recession.True or False: A strategy seeks to develop and sustain 
competitive advantage TRUE 
Strategy refers to top management's plans to develop and sustain competitive 
advant...
- Examen
- • 9 páginas •
When the value of the U.S. dollar increases, U.S. firms __________. compete 
at a disadvantage in foreign markets. 
A strong U.S. dollar raises the prices of U.S. goods abroad, creating a disadvantage 
for U.S. firms abroad. 
A decline in a nation's GDP for two or more consecutive quarters is known as 
__________. Recession.True or False: A strategy seeks to develop and sustain 
competitive advantage TRUE 
Strategy refers to top management's plans to develop and sustain competitive 
advant...
MBA 705: Exam 2 questions and answers
Modifying the structure of the organization and/or the business model to improve 
competitiveness is consistent with 
A. the low-cost strategy. 
B. the focus strategy. 
C. the differentiation strategy. 
D. the low-cost-differentiation strategy. D. Modifying the structure of the 
organization and/or the business model to improve competitiveness is referred to 
as structural innovation and is consistent with the combination strategy
- Examen
- • 48 páginas •
Modifying the structure of the organization and/or the business model to improve 
competitiveness is consistent with 
A. the low-cost strategy. 
B. the focus strategy. 
C. the differentiation strategy. 
D. the low-cost-differentiation strategy. D. Modifying the structure of the 
organization and/or the business model to improve competitiveness is referred to 
as structural innovation and is consistent with the combination strategy
MBA 705 - Exam 1questions and answers
Which of the following is not a cost advantage independent of scale? 
A. proprietary technology 
B. favorable locations 
C. experience in the industry 
D. high volume of production D. A high volume of production creates 
economies of scale and is therefore not independent of scale
- Examen
- • 32 páginas •
Which of the following is not a cost advantage independent of scale? 
A. proprietary technology 
B. favorable locations 
C. experience in the industry 
D. high volume of production D. A high volume of production creates 
economies of scale and is therefore not independent of scale
MBA 705 Module 3 Quiz questions and answers
Support Activities Not directly involved in the evolution of a product but 
provide important underlying support for primary activities. 
VRIO Framework States that a firm can gain and sustain a competitive 
advantage only when it has resources that satisfy all required criteria. 
Religious View When decisions are made based on personal or religious 
convictions.
- Examen
- • 8 páginas •
Support Activities Not directly involved in the evolution of a product but 
provide important underlying support for primary activities. 
VRIO Framework States that a firm can gain and sustain a competitive 
advantage only when it has resources that satisfy all required criteria. 
Religious View When decisions are made based on personal or religious 
convictions.
MBA 705 Minsun Kim Exam 4 questions and answers
Benchmarks should be specific, associated with the strategy's success, and within 
the firm's control. Benchmarks should be __________. 
A. broad, not specific 
B. associated with the strategy's success 
C. outside the firm's control 
D. all of the above
- Examen
- • 17 páginas •
Benchmarks should be specific, associated with the strategy's success, and within 
the firm's control. Benchmarks should be __________. 
A. broad, not specific 
B. associated with the strategy's success 
C. outside the firm's control 
D. all of the above
MBA 705 LSUS Mclaughlin exam 2 2023 questions and answers
Micro-localization: Customizing products and services to suit the taste and 
needs of diverse consumers across a nation or region. 
Multiple Strategies: A strategic alternative for a larger business unit in which 
the organization simultaneously employs more than one of the generic business 
strategies. 
Process Innovations: A business unit's activities that increase the efficiency of 
operations and distribution.
- Examen
- • 23 páginas •
Micro-localization: Customizing products and services to suit the taste and 
needs of diverse consumers across a nation or region. 
Multiple Strategies: A strategic alternative for a larger business unit in which 
the organization simultaneously employs more than one of the generic business 
strategies. 
Process Innovations: A business unit's activities that increase the efficiency of 
operations and distribution.
MBA 705 LSUS Mclaughlin exam 1 2023 questions and answers
Key Economic Considerations #1 When the dollar declines in value, U.S. 
exports become less expensive but U.S. imports become more expensive, at least 
in the short run. 
Key Economic Considerations #2 A good economy is not good for all 
industries. Pawn shops and discount stores often thrive during recessions.Block 
holders Large shareholders who monitor firm strategies to ensure effective 
management.
- Examen
- • 16 páginas •
Key Economic Considerations #1 When the dollar declines in value, U.S. 
exports become less expensive but U.S. imports become more expensive, at least 
in the short run. 
Key Economic Considerations #2 A good economy is not good for all 
industries. Pawn shops and discount stores often thrive during recessions.Block 
holders Large shareholders who monitor firm strategies to ensure effective 
management.