and Answers
Includes the product, services, assets, and customer value a company delivers to
its customers - Correct Answer>Which of the following DOES NOT define the
"sustainable competitive advantage" component of strategy?
Achieving superior company performance can be assessed, simply and reliably, by
comparing a company's financial and strategic objectives vs. those of competitors
- Correct Answer>Which of the following statements is NOT TRUE regarding the
"superior company performance" component of strategy?
Competitor analysis, capabilities assessment, customer analysis, company
performance assessment, macro factor and industry analysis, and cost analysis -
Correct Answer>Which of the following BEST describes the components in the
process used for performing strategic analysis to determine what strategic
changes a company might need to make?
Fit the company's external and internal environments, build sustainable
competitive advantage, and deliver superior company performance - Correct
Answer>Powerful, winning strategies are those that...
"I have conducted objective research to find several pieces of verifiable evidence,
statistics, and data on the topic." - Correct Answer>Which of the following would
be the most effective basis for making an argument?
Competitors B and C are better positioned for online growth, putting Competitor
A at risk for losing revenues and profits to them, as well as, other online
competitors. - Correct Answer>Using only the evidence provided below and the
guidance from class regarding strong, logical conclusions, select the most
accurate conclusion (answer a-e) that can be drawn from the information below.
, Competitor A: owns and operates 2000 US-based bricks and mortar drug stores of
about 3000 square feet each. The stores generate a large proportion of their
revenue from prescription medications, but also sell other health, beauty, and
convenience items to customers.
Competitor B: owns and operates a comparable # of drug stores about the same
size. Its stores generate revenue in the same manner as Competitor A, but
Competitor B also owns and operates an online drug store from which customers
can order their prescriptions and have the delivered to their homes, bypassing the
bricks and mortar stores entirely.
Competitor C: owns only an online prescription medication business and no bricks
and mortar stores
Competitor A and B: price some meds and most other goods sold thru the bricks
and mortar stores approx 10-30% higher than those online.
Over the past 2 years, internet sales of all goods and services have been
increasing at a rate of 25% per annum. The rate of growth of internet-based sales
is expected to continue to grow in the future, albiet at a slower rate. Online
prescription medication sales have grown at a slightly lower rate of 10% per
annum over the past 2 years.
Which of the following statements draws the strongest, linear logical conclusion
from the info provided?
The necessity of responding to competitive moves and changes in the external
environment such as technological advances, societal values, etc., acting on