Porters five forces Samenvattingen, Notities en Examens

WGU D174 Marketing Management Questions and Answers Already Passed Miles and Snow's Strategy Types 1. Prospector 2. Analyzer 3. Defender 4. Reactor Prospector (Miles & Snow) Firm exhibits continual innovation by finding and exploiting new product and market opportunities. Analyzer (Miles & Snow) Firm relies heavily on analysis and imitation of the successes of other organizations, especially prospectors. Defender (Miles & Snow) Firm searches for market stability and production of only a limi...

ISA 235 Final Exam Miami University Rated A+ Information Age The present time, during which infinite quantities of facts are widely available to anyone who can use a computer Internet of Things (IoT) a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention Data raw facts that describe the characteristics of an event or object information Data converted into a meaningful and useful context Business intelligence ...

L4M8 Procurement & Supply in Practice Questions and Answers 100% Pass How many stages are there within the CIPS Procurement Cycle? - Correct Answer ️️ - The CIPS procurement cycle has 13 stages: 1. Understand need and develop a high-level specification. 2. Market/commodity options including make-versus-but assessment. 3. Develop strategy/plan. 4. Pre-procurement market tests and market engagement. 5. Development of required documentation, e.g. request for quotation (RFQ). 6. Supplie...

Strategic Competitiveness - achieved when a firm successfully formulates and implements a value-creating strategy Strategy - integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage Competitive Advantage - when it implements a strategy that creates superior value for customers and competitors are unable to duplicate or find too costly to try to imitate. Above average returns - returns in excess of what an investor e...

The present time, during which infinite quantities of facts are widely available to anyone who can use a computer - Answer-Information Age a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention - Answer-Internet of Things (IoT) raw facts that describe the characteristics of an event or object - Answer-Data Data converted into a meaningful and useful context - Answer-information Information collected from multiple sources s...

CIPS L4M4 LO1 QUESTIONS AND ANSWERS 100% PASS What is sourcing? Sourcing is the location, acquisition and management of all the vital inputs required for an organisation to operate. What is tactical/operational sourcing? Low-level decision making High profit, low risk items Short-term projects Transactional relationships What is strategic sourcing? Top-level decision making High-profit, high-risk items Long-term projects Collaborative relationships What aspects typically re...

BTMA MidtermBusiness Strategy - correct answer 1. Marketing Strategy 2. IT Strategy 3. Operations Strategy 4. Product Strategy Alignment - correct answer Michael Porter - #1 Purpose is ______ Simplified Value Chain - correct answer 1. Defining Value Chain 2. Capturing Cost Data 3. Controlling Cost 4. Cutting Buyers Cost 5. Determining Purchasing Criteria 6. Reconfiguring Value Chain Industry Analysis - correct answer 1. Competitive Forces 2. Strategic Planning 3. Types of Stra...

BTMA Midterm Prep Questions Correctly Answered. Business Strategy - correct answer 1. Marketing Strategy 2. IT Strategy 3. Operations Strategy 4. Product Strategy Alignment - correct answer Michael Porter - #1 Purpose is ______ Simplified Value Chain - correct answer 1. Defining Value Chain 2. Capturing Cost Data 3. Controlling Cost 4. Cutting Buyers Cost 5. Determining Purchasing Criteria 6. Reconfiguring Value Chain Industry Analysis - correct answer 1. Competitive Forces 2....

In the Deloitte case from class, the author made the point that they needed to make the ______ for the program to explain and justify the "why" they were doing something. - Business Case trust comes from - reputation strategic lenses from 'industry view' - Porters Five Forces strategic lenses look at firm and not industry - 4p, BCG, SWOT, BSC ethics, 'reach organization' - stakeholders 4types of power - coercive, legitimate, referent (LOU), expert(jonah), reward job design, work t...

CIPS L4M4 LO1 What is sourcing? - correct answer Sourcing is the location, acquisition and management of all the vital inputs required for an organization to operate. What is tactical/operational sourcing? - correct answer Low-level decision making High profit, low risk items Short-term projects Transactional relationships What is strategic sourcing? - correct answer Top-level decision making High-profit, high-risk items Long-term projects Collaborative relationships What aspe...