COMM 226 BUSINESS TECHNOLOGY
MANAGEMENT FINAL EXAM QUESTIONS
CORRECTLY ANSWERED CONCORDIA
UNIVERSITY
, lOMoAR cPSD| 19857451
PART I –Multiple Choice (50 Marks)
1) Which of the following is an example of a competitive strategy employed by a firm?
A) increasing the price of its product when raw material prices increase
B) launching a unique product targeted at a section of consumers
C) advertising its products nationwide like its competitor organizations
D) laying off staff in order to cut down costs during a recession period
Answer: B
2) Which of the following is a process implementation principle of competitive advantage?
A) establishing alliances
B) enhancing a product
C) differentiating a product
D) creating a new product
Answer: A
3) Manufacturing systems that use linkages also use to plan production.
A) past reports
B) sales forecasts
C) software packages
D) competitors' information
Answer: B
, lOMoAR cPSD| 19857451
4) includes general management, finance, accounting, legal, and government affairs.
A) Operations management
B) Human resources
C) Firm infrastructure
D) Research and development
Answer: C
5) Each stage of the value chain not only adds value to the product but also .
A) devalues the final product
B) accumulates costs
C) attracts buyers
D) attracts competitors
Answer: B
6) are commonplace, routine, everyday business processes.
A) Managerial processes
B) Strategic processes
C) Operational processes
D) Transformational processes
Answer: C
7) 20)
Which of the following is true about strategic processes?
A) They are broad in scope and impact most of the firm.
B) They rely more on computerized actors compared to other types of processes.
C) They are concerned primarily with the use of resources.
D) They are facilitated mainly by management information systems.
Answer: A
MANAGEMENT FINAL EXAM QUESTIONS
CORRECTLY ANSWERED CONCORDIA
UNIVERSITY
, lOMoAR cPSD| 19857451
PART I –Multiple Choice (50 Marks)
1) Which of the following is an example of a competitive strategy employed by a firm?
A) increasing the price of its product when raw material prices increase
B) launching a unique product targeted at a section of consumers
C) advertising its products nationwide like its competitor organizations
D) laying off staff in order to cut down costs during a recession period
Answer: B
2) Which of the following is a process implementation principle of competitive advantage?
A) establishing alliances
B) enhancing a product
C) differentiating a product
D) creating a new product
Answer: A
3) Manufacturing systems that use linkages also use to plan production.
A) past reports
B) sales forecasts
C) software packages
D) competitors' information
Answer: B
, lOMoAR cPSD| 19857451
4) includes general management, finance, accounting, legal, and government affairs.
A) Operations management
B) Human resources
C) Firm infrastructure
D) Research and development
Answer: C
5) Each stage of the value chain not only adds value to the product but also .
A) devalues the final product
B) accumulates costs
C) attracts buyers
D) attracts competitors
Answer: B
6) are commonplace, routine, everyday business processes.
A) Managerial processes
B) Strategic processes
C) Operational processes
D) Transformational processes
Answer: C
7) 20)
Which of the following is true about strategic processes?
A) They are broad in scope and impact most of the firm.
B) They rely more on computerized actors compared to other types of processes.
C) They are concerned primarily with the use of resources.
D) They are facilitated mainly by management information systems.
Answer: A