Question 1

Which of the following is considered a good?

Accepted Answer

A)  Milk and eggs 
B)  Managing a team 
C)  Selling groceries 
D)  All of the choices are correct 
A)  Milk and eggs 
B)  Managing a team 
C)  Selling groceries 
D)  All of the choices are correct

Question 2

With the Five Forces Model, companies should watch the forces in the market. If the forces are strong, competition generally increases, and if the forces are weak, competition typically decreases.

Accepted Answer

A) True 
 B)False

Question 3

What does a SWOT analysis do?

Accepted Answer

A)  Evaluates an organization's strengths, weaknesses, objectives, and threats 
B)  Evaluates an organization's strengths, weaknesses, opportunities, and threats 
C)  Evaluates an organization's supporters, weaknesses, opportunities, and technology 
D)  Evaluates an organization's systems, warehouses, outputs, and technology 
A)  Evaluates an organization's strengths, weaknesses, objectives, and threats 
B)  Evaluates an organization's strengths, weaknesses, opportunities, and threats 
C)  Evaluates an organization's supporters, weaknesses, opportunities, and technology 
D)  Evaluates an organization's systems, warehouses, outputs, and technology

Question 4

Increasing sales, decreasing costs, entering new markets, or developing new products or services are all examples of successful business strategies.

Accepted Answer

A) True 
 B)False

Question 5

Buyer power is included as one of Porter's three generic strategies.

Accepted Answer

A) True 
 B)False

Question 6

FedEx created a first-mover advantage by developing its customer self-service software, which allows people to request parcel pickups, print mailing slips, and track parcels online.

Accepted Answer

A) True 
 B)False

Which of the following is considered a good?

With the Five Forces Model, companies should watch the forces in the market. If the forces are strong, competition generally increases, and if the forces are weak, competition typically decreases.

What does a SWOT analysis do?

Increasing sales, decreasing costs, entering new markets, or developing new products or services are all examples of successful business strategies.

Buyer power is included as one of Porter's three generic strategies.

FedEx created a first-mover advantage by developing its customer self-service software, which allows people to request parcel pickups, print mailing slips, and track parcels online.

Business Driven Technology

Strategic Initiatives for Implementing Competitive Advantages

Measuring the Success of Strategic Initiatives

Organizational Structures That Support Strategic Initiatives

Valuing and Storing Organizational Informationdatabases

Accessing Organizational Informationdata Warehouses

Understanding Big Data and Its Impact on Business

Enabling the Organizationdecision Making

Extending the Organizationsupply Chain Management

Building a Customer-Centric Organizationcustomer Relationship Management

Integrating the Organization From End to Endenterprise Resource Planning

Creating Innovative Organizations

Ebusiness

Creating Collaborative Partnerships

Integrating Wireless Technology in Business

Developing Software to Streamline Operations

Methodologies for Supporting Agile Organizations

Managing Organizational Projects

Business Driven Technology

Identifying Competitive Advantages

Strategic Initiatives for Implementing Competitive Advantages

Measuring the Success of Strategic Initiatives

Organizational Structures That Support Strategic Initiatives

Valuing and Storing Organizational Informationdatabases

Accessing Organizational Informationdata Warehouses

Understanding Big Data and Its Impact on Business

Enabling the Organizationdecision Making

Extending the Organizationsupply Chain Management

Building a Customer-Centric Organizationcustomer Relationship Management

Integrating the Organization From End to Endenterprise Resource Planning

Filters

Exam 2: Identifying Competitive Advantages

Which of the following is considered a good?

With the Five Forces Model, companies should watch the forces in the market. If the forces are strong, competition generally increases, and if the forces are weak, competition typically decreases.

What does a SWOT analysis do?

Increasing sales, decreasing costs, entering new markets, or developing new products or services are all examples of successful business strategies.

Buyer power is included as one of Porter's three generic strategies.

FedEx created a first-mover advantage by developing its customer self-service software, which allows people to request parcel pickups, print mailing slips, and track parcels online.

Business Driven Technology

Strategic Initiatives for Implementing Competitive Advantages

Measuring the Success of Strategic Initiatives

Organizational Structures That Support Strategic Initiatives

Valuing and Storing Organizational Informationdatabases

Accessing Organizational Informationdata Warehouses

Understanding Big Data and Its Impact on Business

Enabling the Organizationdecision Making

Extending the Organizationsupply Chain Management

Building a Customer-Centric Organizationcustomer Relationship Management

Integrating the Organization From End to Endenterprise Resource Planning

Creating Innovative Organizations

Ebusiness

Creating Collaborative Partnerships

Integrating Wireless Technology in Business

Developing Software to Streamline Operations

Methodologies for Supporting Agile Organizations

Managing Organizational Projects

Business Driven Technology

Identifying Competitive Advantages

Strategic Initiatives for Implementing Competitive Advantages

Measuring the Success of Strategic Initiatives

Organizational Structures That Support Strategic Initiatives

Valuing and Storing Organizational Informationdatabases

Accessing Organizational Informationdata Warehouses

Understanding Big Data and Its Impact on Business

Enabling the Organizationdecision Making

Extending the Organizationsupply Chain Management

Building a Customer-Centric Organizationcustomer Relationship Management

Integrating the Organization From End to Endenterprise Resource Planning

Filters