Mngt 4800 Study guides, Class notes & Summaries
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MNGT 4800 SIMULATION EXAM | QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) | LATEST UPDATE | GRADEA+
- Exam (elaborations) • 18 pages • 2024
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MNGT 4800 SIMULATION EXAM | 
QUESTIONS & 100% CORRECT ANSWERS 
(VERIFIED) | LATEST UPDATE | GRADEA+ 
Why simulate? 
Correct Answer: - risk free 
- big picture 
-develop critical thinking skills 
- compresses time 
- comprehensive strategy 
About the Business 
Correct Answer: - all teams begin with identical profile 
- oligopoly 
- no outside competitors or product substitutes 
-benign environment 
What is an oligopoly? 
Correct Answer: market dominated by handful of firms 
Five Market Segm...
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Quiz 3 - Practice - MNGT 4800 with 100% correct answers verified
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Quiz 3 - Practice - MNGT 4800 with 100% 
correct answers verified
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MNGT 4800 Exam 1 (Ch. 1-4) Exam Questions With Correct Answers
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MNGT 4800 Exam 1 (Ch. 1-4) Exam 
Questions With Correct Answers 
Strategy examples from the video shown in class? - answerBe the low-cost provider 
Pursue a global strategy 
Unravel competition 
* ^ not strategies at all 
(strategy is merely a buzz word) 
Stratego - answerthe art of the general ("the art of war" specific to the general) *the goal is 
to win* 
A strategic business strategy is to - answerdevelop a series of complex tactics 
Good strategy answers these questions: - answer1. Where...
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MNGT 4800 Exam 1 (Ch. 1-4) Exam Questions With Correct Answers
- Exam (elaborations) • 16 pages • 2024
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MNGT 4800 Exam 1 (Ch. 1-4) Exam 
Questions With Correct Answers 
Strategy examples from the video shown in class? - answerBe the low-cost provider 
Pursue a global strategy 
Unravel competition 
* ^ not strategies at all 
(strategy is merely a buzz word) 
Stratego - answerthe art of the general ("the art of war" specific to the general) *the goal is 
to win* 
A strategic business strategy is to - answerdevelop a series of complex tactics 
Good strategy answers these questions: - answer1. Where...
-
MNGT 4800 Exam 1 (Ch. 1-4) 100% Errorless.
- Exam (elaborations) • 14 pages • 2024
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Strategy examples from the video shown in class? correct answers Be the low-cost provider 
Pursue a global strategy 
Unravel competition 
* ^ not strategies at all 
(strategy is merely a buzz word) 
 
Stratego correct answers the art of the general ("the art of war" specific to the general) *the goal is to win* 
 
A strategic business strategy is to correct answers develop a series of complex tactics 
 
Good strategy answers these questions: correct answers 1. Where do we compete? 
2. What uni...
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MNGT 4800 Exam 1 questions with 100% correct answers 2024
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MNGT 4800 Exam 1 questions with 100% 
correct answers 2024
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MNGT 4800 exam 1 - Hopkins questions with correct answers
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MNGT 4800 exam 1 - Hopkins questions 
with correct answers
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MNGT 4800 - Exam 2 Questions With 100% Correct Answers
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MNGT 4800 - Exam 2 Questions With 100% 
Correct Answers 
The 4 Primary Generic Business-Level Strategies - answerCost leadership, differentiation 
strategy, focused cost leadership, and focused differentiation. 
Cost leadership - answerOffers products or services with acceptable quality and features to 
a broad set of customers at a low price. 
Advantages of cost leadership - answerWithstanding price competition from rivals, 
discouraging new entrants, and attracting a large market share. 
Disad...
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MNGT 4800 exam 1 Stanwick with complete solution latest 2024
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MNGT 4800 exam 1 Stanwick with 
complete solution latest 2024
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MNGT 4800 - Stanwick - Exam 2 (A+ Guaranteed)
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Equation for Return on Assets? correct answers Return on Assets= Net Income/Total Assets 
Competitive ___________________ differences should be measured by using a variety of 
evaluation tools. correct answers Performance 
Competitive performance is always measured ____________ to other firms correct answers 
Relative 
Measuring Competitive Advantage - Three standards are typical by asking: 
1. 
2. 
3. correct answers 1. How much economic value does the firm generate? 
2. What is the firm's acc...
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