BUSI 4940 Exam |Questions with Correct Answers 100% Verified by Experts| 2025/2026
Latest Update
- __________ are returns equal to those an investor expects to earn from other investments
possessing a similar amount of risk. Average returns
- __________ is a condition where competitors engage in intense rivalry, markets change
quickly and often, and entry barriers are low. Hyper competition
- __________ is an investor's uncertainty about the economic gains or losses that will result
from a particular investment. Risk
- __________are companies or networks of companies that sell complementary goods or
services that are compatible with the focal firm's good or service. Complementors
- __________are individuals, groups, and organizations that can affect the firm's vision and
mission, are affected by the strategic outcomes achieved, and have enforceable claims on the
firm's performance. Stakeholders
- __________are people located in different areas and levels of the firm using the strategic
management process to select actions that help the firm achieve its vision and fulfill its mission.
Strategic leaders
- __________are returns in excess of what an investor expects to earn from other investments
with a similar amount of risk. Above-average returns
- __________are technologies that destroy the value of an existing technology and create new
markets Disruptive technologies
- __________is a term used to describe how rapidly and consistently new, information-
intensive technologies replace older ones. Perpetual innovation
, - __________is the speed at which new technologies become available to firms and when firms
choose to adopt them technology diffusion
- __________refers to the complex set of ideologies, symbols, and core value that individuals
throughout the firm share and that influence how the firm conducts business.
Organizational culture
- A __________ is an integrated and coordinated set of commitments and actions designed to
exploit core competencies and gain a competitive advantage. strategy
- A __________is a condition in the general environment that may hinder a company's efforts
to achieve strategic competitiveness. threat
- A __________specifies the businesses in which the firm intends to compete and the
customers it intends to serve. mission
- A firm has a __________ when by implementing a chosen strategy, it creates superior value
for customers and when competitors are not able to imitate the value the firm's products
create or find it too expensive to attempt imitation. a competitive advantage
- A__________ is one in which goods, services, people, skills, and ideas move freely across
geographic borders. global economy
- A__________ is the capacity for a set of resources to perform a task or an activity in an
integrative manner. capability
- A__________ set of firms emphasizing similar strategic dimensions and using a similar
strategy is called a strategic group.
Latest Update
- __________ are returns equal to those an investor expects to earn from other investments
possessing a similar amount of risk. Average returns
- __________ is a condition where competitors engage in intense rivalry, markets change
quickly and often, and entry barriers are low. Hyper competition
- __________ is an investor's uncertainty about the economic gains or losses that will result
from a particular investment. Risk
- __________are companies or networks of companies that sell complementary goods or
services that are compatible with the focal firm's good or service. Complementors
- __________are individuals, groups, and organizations that can affect the firm's vision and
mission, are affected by the strategic outcomes achieved, and have enforceable claims on the
firm's performance. Stakeholders
- __________are people located in different areas and levels of the firm using the strategic
management process to select actions that help the firm achieve its vision and fulfill its mission.
Strategic leaders
- __________are returns in excess of what an investor expects to earn from other investments
with a similar amount of risk. Above-average returns
- __________are technologies that destroy the value of an existing technology and create new
markets Disruptive technologies
- __________is a term used to describe how rapidly and consistently new, information-
intensive technologies replace older ones. Perpetual innovation
, - __________is the speed at which new technologies become available to firms and when firms
choose to adopt them technology diffusion
- __________refers to the complex set of ideologies, symbols, and core value that individuals
throughout the firm share and that influence how the firm conducts business.
Organizational culture
- A __________ is an integrated and coordinated set of commitments and actions designed to
exploit core competencies and gain a competitive advantage. strategy
- A __________is a condition in the general environment that may hinder a company's efforts
to achieve strategic competitiveness. threat
- A __________specifies the businesses in which the firm intends to compete and the
customers it intends to serve. mission
- A firm has a __________ when by implementing a chosen strategy, it creates superior value
for customers and when competitors are not able to imitate the value the firm's products
create or find it too expensive to attempt imitation. a competitive advantage
- A__________ is one in which goods, services, people, skills, and ideas move freely across
geographic borders. global economy
- A__________ is the capacity for a set of resources to perform a task or an activity in an
integrative manner. capability
- A__________ set of firms emphasizing similar strategic dimensions and using a similar
strategy is called a strategic group.
