Question 1

An increase in profits indicates an improvement in cash flow.

Accepted Answer

A) True 
 B)False

Question 2

Financial analysis provides an accurate way to assess the relative strengths of firms and can be used as a complete guide to study companies.

Accepted Answer

A) True 
 B)False

Question 3

In value chain analysis, general management is considered part of a firm's infrastructure.

Accepted Answer

A) True 
 B)False

Question 4

Managers should focus their attention on interrelationships among value chain activities within the firm-not on relationships among activities within the firm and other organizations (such as suppliers and customers).

Accepted Answer

A) True 
 B)False

Question 5

When using industry norms as a standard of comparison, managers must be sure that the firms used in the comparisons are representative of all sizes and strategies within the industry.

Accepted Answer

A) True 
 B)False

Question 6

What are some ways in which a firm's general administration can help create (or enhance) competitive advantages?

Accepted Answer

General administration includes activiti

Question 7

Customer service would include

Accepted Answer

A)  product promotion. 
B)  product distribution. 
C)  parts supply. 
D)  procurement of critical supplies. 
A)  product promotion. 
B)  product distribution. 
C)  parts supply. 
D)  procurement of critical supplies.

An increase in profits indicates an improvement in cash flow.

Financial analysis provides an accurate way to assess the relative strengths of firms and can be used as a complete guide to study companies.

In value chain analysis, general management is considered part of a firm's infrastructure.

Managers should focus their attention on interrelationships among value chain activities within the firm-not on relationships among activities within the firm and other organizations (such as suppliers and customers).

When using industry norms as a standard of comparison, managers must be sure that the firms used in the comparisons are representative of all sizes and strategies within the industry.

What are some ways in which a firm's general administration can help create (or enhance) competitive advantages?

Customer service would include

Strategic Management: Creating Competitive Advantages

Analyzing the External Environment of the Firm: Creating Competitive Advantages

Recognizing a Firms Intellectual Assets: Moving Beyond a Firms Tangible Resources

Business-Level Strategy: Creating and Sustaining Competitive Advantages

Corporate-Level Strategy: Creating Value Through Diversification

International Strategy: Creating Value in Global Markets

Entrepreneurial Strategy and Competitive Dynamics

Strategic Control and Corporate Governance

Creating Effective Organizational Designs

Strategic Leadership: Creating a Learning Organization and an Ethical Organization

Managing Innovation and Fostering Corporate Entrepreneurship

Filters

Exam 3: Assessing the Internal Environment of the Firm

An increase in profits indicates an improvement in cash flow.

Financial analysis provides an accurate way to assess the relative strengths of firms and can be used as a complete guide to study companies.

In value chain analysis, general management is considered part of a firm's infrastructure.

Managers should focus their attention on interrelationships among value chain activities within the firm-not on relationships among activities within the firm and other organizations (such as suppliers and customers).

When using industry norms as a standard of comparison, managers must be sure that the firms used in the comparisons are representative of all sizes and strategies within the industry.

What are some ways in which a firm's general administration can help create (or enhance) competitive advantages?

Customer service would include

Strategic Management: Creating Competitive Advantages

Analyzing the External Environment of the Firm: Creating Competitive Advantages

Recognizing a Firms Intellectual Assets: Moving Beyond a Firms Tangible Resources

Business-Level Strategy: Creating and Sustaining Competitive Advantages

Corporate-Level Strategy: Creating Value Through Diversification

International Strategy: Creating Value in Global Markets

Entrepreneurial Strategy and Competitive Dynamics

Strategic Control and Corporate Governance

Creating Effective Organizational Designs

Strategic Leadership: Creating a Learning Organization and an Ethical Organization

Managing Innovation and Fostering Corporate Entrepreneurship

Filters