Wpc 480 final exam Study guides, Study notes & Summaries

Corporate Strategy The decisions & actions taken to gain & sustain competitive advantage in several industries and markets simultaneously What does corporate strategy address? Where to compete on 3 dimensions: Industry value chain: vertical integration Products & services: diversification Geography: regional, national, or global markets Vertical Integration The process in which several steps in the production and/or distribution of a product or service are controlled an...

What is strategy? An integrated set of goal-directed actions a firm takes to gain and sustain competitive advantage. What are the 2 business analysis? Internal and External. What are the 3 business strategies? 1) Cost, 2) Differentiation, 3) Innovation. What is competitive advantage? Superior performance relative to other competitors in the same industry or the industry average. How do you assess competitive advantage? Compare firm performance to a benchmark. ...

WPC 480 Final Examination Example Questions and Answers With Complete Solution. Example Questions These questions provide examples of how current news stories will be used as a context in which to ask questions about the key strategy concepts and frameworks that are being tested as part of the final examination. This is not a practice exam, but rather just a set of example questions. There are three news stories, with questions that follow. In the actual quiz, there will probably be 4-5 ...

WPC 480 Final Exam Questions & Answers 2023/2024 What is Corporate strategy? - ANSWER-Actions to sustain/gain comp. adv. in several industries and markets Where does corporate strategy compete? - ANSWER-1)Industry value chain: vertical integration 2)Product and services: diversification 3)Geography (regional, national, global mkts) What is Vertical integration? - ANSWER-Process where several steps in production are controlled and owned by a single company Forward Integration - AN...

WPC 480 Final Exam Questions with 100% Correct Answers | Latest Version 2024 | Verified

WPC 480 Final Examination Example Questions and Answers With Complete Solution. Example Questions These questions provide examples of how current news stories will be used as a context in which to ask questions about the key strategy concepts and frameworks that are being tested as part of the final examination. This is not a practice exam, but rather just a set of example questions. There are three news stories, with questions that follow. In the actual quiz, there will probably be 4-5 ...

WPC 480 Final Examination Example Questions and Answers with complete solution

Corporate Strategy The decisions & actions taken to gain & sustain competitive advantage in several industries and markets simultaneously What does corporate strategy address? Where to compete on 3 dimensions: Industry value chain: vertical integration Products & services: diversification Geography: regional, national, or global markets Vertical Integration The process in which several steps in the production and/or distribution of a product or service are controlled an...

Corporate Level Strategy specifies actions a firm takes to gain a competitive advantage by selecting and managing a group of different businesses competing in different product markets. (Helps companies to select new strategic positions that are expected to increase the firm's value.) Single-business diversification strategy corporate level strategy wherein the firm generates 95% or more of its sales revenue from its core business area. Dominant-business diversification strategy...

What is strategy? An integrated set of goal-directed actions a firm takes to gain and sustain competitive advantage. What are the 2 business analysis? Internal and External. What are the 3 business strategies? 1) Cost, 2) Differentiation, 3) Innovation. What is competitive advantage? Superior performance relative to other competitors in the same industry or the industry average. How do you assess competitive advantage? Compare firm performance to a benchmark. ...