Question 1

The growth stage of the industry life cycle is characterized by

Accepted Answer

A)  in-kind competition (from the same type of product). 
B)  premium pricing. 
C)  a growing trend to compete on the basis of price. 
D)  retaliation by competitors whose customers are stolen. 
A)  in-kind competition (from the same type of product). 
B)  premium pricing. 
C)  a growing trend to compete on the basis of price. 
D)  retaliation by competitors whose customers are stolen.

Question 2

Airlines such as Emirates exploit the profit pool for competitive advantage by adding fees for a variety of services such as access to airport lounges.

Accepted Answer

A) True 
 B)False

Question 3

Atlas Door relies on technologies that are rather well known and non-proprietary. This opens it up to the potential of

Accepted Answer

A)  imitation by rivals. 
B)  customer abandonment. 
C)  increased supplier power. 
D)  government regulation. 
A)  imitation by rivals. 
B)  customer abandonment. 
C)  increased supplier power. 
D)  government regulation.

Question 4

The Yoox algorithm permits it to predict which products will sell at which times and where, thus allowing effective stocking to meet customer needs. This a result of

Accepted Answer

A)  purchasing patterns. 
B)  data analytics. 
C)  physical plant. 
D)  flooding the market with ads. 
A)  purchasing patterns. 
B)  data analytics. 
C)  physical plant. 
D)  flooding the market with ads.

Question 5

Primary value chain activities that involve the effective layout of receiving dock operations (inbound logistics) and support value chain activities that include expertise in process engineering (technology development) characterize which generic strategy?

Accepted Answer

A)  differentiation 
B)  differentiation focus 
C)  stuck-in-the-middle 
D)  overall cost leadership 
A)  differentiation 
B)  differentiation focus 
C)  stuck-in-the-middle 
D)  overall cost leadership

The growth stage of the industry life cycle is characterized by

Airlines such as Emirates exploit the profit pool for competitive advantage by adding fees for a variety of services such as access to airport lounges.

Atlas Door relies on technologies that are rather well known and non-proprietary. This opens it up to the potential of

The Yoox algorithm permits it to predict which products will sell at which times and where, thus allowing effective stocking to meet customer needs. This a result of

Primary value chain activities that involve the effective layout of receiving dock operations (inbound logistics) and support value chain activities that include expertise in process engineering (technology development) characterize which generic strategy?

Strategic Management Creating Competitive Advantages

Analyzing the External Environment of the Firm Creating Competitive Advantages

Assessing the Internal Environment of the Firm

Recognizing a Firm's Intellectual Assets Moving beyond a Firm's Tangible Resources

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

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Exam 5: Business-Level Strategy Creating and Sustaining Competitive Advantages

The growth stage of the industry life cycle is characterized by

Airlines such as Emirates exploit the profit pool for competitive advantage by adding fees for a variety of services such as access to airport lounges.

Atlas Door relies on technologies that are rather well known and non-proprietary. This opens it up to the potential of

The Yoox algorithm permits it to predict which products will sell at which times and where, thus allowing effective stocking to meet customer needs. This a result of

Primary value chain activities that involve the effective layout of receiving dock operations (inbound logistics) and support value chain activities that include expertise in process engineering (technology development) characterize which generic strategy?

Strategic Management Creating Competitive Advantages

Analyzing the External Environment of the Firm Creating Competitive Advantages

Assessing the Internal Environment of the Firm

Recognizing a Firm's Intellectual Assets Moving beyond a Firm's Tangible Resources

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