Samenvattingen, Aantekeningen en Examens

BSG Quiz 1 - Questions and Answers – Latest 2023/2024 (Verified Answers) 100% Correct The factors that affect the reject rates at the company’s footwear production facilities include the size of the incentive payment per non-defective pair produced, best practices training expenditures per worker, spending for TQM/Six Sigma quality control efforts, and the number of models/styles comprising the company’s product line. Which of the following is the most important competitive factor in deter...

BSG QUIZ 2 QUESTIONS AND ANSWERS 2023

The most/essential results from the latest decision round that company managers need to review/study in order to guide their strategic moves and decisions to improve their company's overall performance and competitiveness vis-a-vis rivals in the upcoming decision round are - Answer Comparative competitive efforts section of the competitive intelligence report for each of the four geographic regions Pursuing a strategy of social responsibility and corporate citizenship - Answer helps incr...

Which of the following statements about a best-cost provider strategy is false? - Answer -The big appeal of a best-cost provider strategy is being able to offer buyers the industry's best-performing product at the best cost and best(lowest) price in the industry. Low-cost leader can translate its low-cost advantage over rivals into superior profit performance by - Answer -either using its low-cost edge to underprice competitors and attract price sensitive buyers in large enough numbers t...

Installing well-conceived state-of-the-art operating systems is an important managerial component of implementing and executing strategy because - Answer they enable not only better strategy execution but also strengthen organizational capabilities--sometimes enough to provide a competitive edge over rivals. The role of benchmarking is to - Answer look outward to find the best practice for performing an activity and then to develop the data for measuring how well a company's own performan...

A company's overall strategy - Answer Is a collection of strategic initiatives and actions devised by managers (and sometimes key employees) up and down the whole organizational hierarchy. - Answer - Answer A company's values relate to such things as - Answer Fair treatment, honor and integrity, ethical behavior, innovativeness, teamwork, accountability, passion for top-notch quality and superior customer service, social responsibility, and community citizenship. A company...

Which one of the following is an example of an offensive strategy - Answer Pursuing disruptive product innovation to create new markets Which one of the following is not a strategic decision that needs to be made in choosing how best to compliment a company's choice of one of the five generic competitive strategy options and thereby maximize the power of its overall strength - Answer Whether to the improve the quality of the company's product Which of the following is a good type of ri...

which of the following statements regarding multi-country competition is false? - Answer with multi-country competition, the competitive arena among rival companies involves several neighboring countries rather than either a single country of the world market as a whole competing in one or more countries or regions of the world causes the strategy-making to be more complex partly because of - Answer the presence of important cross-country differences in buyer tastes, market sizes, and g...

once a company has diversified into a collection of related or unrelated businesses and concludes that some strategy adjustments are needed, which one of the following is NOT one of the main strategy options that a company can pursue? - Answer Have all of the company's businesses operate under a common brand name and craft new initiatives to build/enhance the reputation of this brand name worldwide. Which of the following is NOT part of the procedure for evaluating the pluses and minuses o...

Multicountry competition refers to a market situation where - Answer there's so much cross-country variation in market conditions and in the companies contending for leadership that the market contest among rivals in one country is localized to that country and not closely connected to the market contests in other countries. Which of the following is the most unlikely element of a "think global, act global" approach to strategy-making? - Answer Selling different product versions under ...

The projected growth in buyer demand for BRANDED athletic footwear is: A) 3-5% annually in North America and Europe-Africa in Years 16-20 and 7-9% annually in Latin America and the Asia Pacific regions in Years 16-20. B) 6-9% annually in all four geographic regions during Years 11-15 and 4-7% annually in all four regions during Years 16-20. C) 5-7% annually in North America during the Year 11-15 periods and 4-6% annually in North America during the Year 16-20 period. D) 10-12% annually in Eu...

The managerial value of regularly consulting the data ain the Y-Y report highlights has to do with the data provided being the quickest and best way to - Answer review the caliber of the operating results and key performance outcomes achieved in all four geographic regions for all years completed to date so these corrective actions can be taken in upcoming decision rounds. In which one of the following situations does it make the most sense for a company to consider modifying its strategy to...