Outperforming Study guides, Class notes & Summaries
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WPC 480 Final Exam 2023 with 100% correct answers
- Exam (elaborations) • 27 pages • 2023
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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. 
 
...
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MBA Healthcare Management Capstone WGU C219, Exam Review Questions and answers, 100% Accurate. VERIFIED. A company's strategy concerns: - -Managements action plan for outperforming competitors and
- Exam (elaborations) • 6 pages • 2024
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MBA Healthcare Management Capstone 
WGU C219, Exam Review Questions and 
answers, 100% Accurate. VERIFIED. 
A company's strategy concerns: - -Managements action plan for outperforming competitors and
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WPC 480 Final Exam Questions with 100% Correct Answers | Latest Version 2024 | Verified
- Exam (elaborations) • 26 pages • 2024
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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. 
What is sustainable...
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Revenue Management Final exam practice questions and answers 100% correct.
- Exam (elaborations) • 7 pages • 2022
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What is bigger in the tourism industry, fixed costs or variable costs? 
fixed costs are bigger 
-Think of an airplane: staffing, airport fees (fixed) - huge amount of the costs for airplanes come from fixed costs; food, fuel (variable) - not as easy to determine the variable costs 
 
 
 
We can reduce prices (even below total cost per room), as long as the 
reduced price covers, fixed cost per room or variable cost per room? 
We can reduce prices as long as the reduced price covers the variable ...
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WPC 480 Final Exam| 260 Questions| With Complete Solutions
- Exam (elaborations) • 37 pages • 2023
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What is strategy? correct answer: An integrated set of goal-directed actions a firm takes to gain and sustain competitive advantage. 
 
What are the 2 business analysis? correct answer: Internal and External. 
 
What are the 3 business strategies? correct answer: 1) Cost, 2) Differentiation, 3) Innovation. 
 
What is competitive advantage? correct answer: Superior performance relative to other competitors in the same industry or the industry average. 
 
How do you assess competitive advantag...
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MAN 3025 Exam 2 Latest Version Graded A+
- Exam (elaborations) • 26 pages • 2024
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MAN 3025 Exam 2 Latest Version 
 
Graded A+ 
 
artifacts the visible and tangible elements of culture 
 
assumptions beliefs about human nature and reality that are taken for granted 
 
values shared standards, principles or goals 
 
subcultures a set of values unique to a limited cross section of the organization 
 
innovative cultures cultures that are flexible, adaptable and experiment with new ideas 
 
aggressive cultures cultures that value competitiveness and outperforming competitors 
 
p...
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WPC 480 Final Exam | 260 Questions with 100% Correct Answers | Verified | 40 Pages
- Exam (elaborations) • 40 pages • 2023
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- $18.49
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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. 
What is sustainable...
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WPC 480 Exam 1 Latest Update Graded A+
- Exam (elaborations) • 14 pages • 2024
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WPC 480 Exam 1 Latest Update 
 
Graded A+ 
 
Strategy An integrated set of goal-directed actions a firm takes to gain and sustain 
competitive advantages. 
 
Vision What do we want to accomplish? 
 
Mission How do we accomplish our goals? And what do we do to accomplish our goals? 
 
Stakeholders organizations, groups, and individuals. They can affect or are affected by a 
firm's actions. 
 
Competitive Advantage superior performance relative to other competitors in the same 
industry or the in...
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MAN 3025 Exam #2 Questions & Correct Answers | Latest Update |Already Graded A+
- Exam (elaborations) • 29 pages • 2024
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artifacts 
: the visible and tangible elements of culture 
assumptions 
: beliefs about human nature and reality that are taken for granted 
values 
: shared standards, principles or goals 
subcultures 
: a set of values unique to a limited cross section of the organization 
innovative cultures 
: cultures that are flexible, adaptable and experiment with new ideas 
aggressive cultures 
: cultures that value competitiveness and outperforming competitors 
2 | P a g e 
people oriented cultures 
: c...
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MAN 4720 UCF Capstone Midterm with Complete Solutions
- Exam (elaborations) • 16 pages • 2024
- Available in package deal
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MAN 4720 UCF Capstone Midterm with 
 
Complete Solutions 
 
Competitive Advantage Generating above average returns. Measured relative to other firms. 
Should rely on a more holistic perspective vs. just using one metric. 
 
Strategic Analysis framework AFI 
 
Strategy quest to gain and sustain competitive advantage over 
 
Companies array of activities 
 
vision statement paints a picture of where a company wants to be 
 
Balanced Scorecard harnesses multiple internal and external performance me...
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