Exam 7: Small Business Strategies: Imitation With a Twist
Exam 1: Small Business: Its Opportunities and Rewards100 Questions
Exam 2: Small Business Environment: Managing External Relations99 Questions
Exam 3: Small Business Entrepreneurs: Characteristics and Competencies100 Questions
Exam 4: Small Business Ideas: Creativity, opportunity, and Feasibility97 Questions
Exam 5: Small Business Entry: Paths to Part-Time Entrepreneurship100 Questions
Exam 6: Small Business Entry: Paths to Full-Time Entrepreneurship100 Questions
Exam 7: Small Business Strategies: Imitation With a Twist99 Questions
Exam 8: Business Plans: Seeing Audiences and Your Business Clearly99 Questions
Exam 9: Small Business Marketing: Product and Pricing Strategies100 Questions
Exam 10: Small Business Promotion: Capturing the Eyes of Your Market98 Questions
Exam 11: Small Business Distribution and Location96 Questions
Exam 12: Marketing Plans: Saying How Youll Get Sales99 Questions
Exam 13: Small Business Accounting: Projecting and Evaluating Performance100 Questions
Exam 14: Cash: Lifeblood of the Business100 Questions
Exam 15: Small Business Finance: Using Equity,debt,and Gifts104 Questions
Exam 16: Assets: Inventory and Operations Management100 Questions
Exam 17: Small Business Protection: Risk Management and Insurance100 Questions
Exam 18: Legal Issues: Recognizing Your Small Business Needs100 Questions
Exam 19: Human Resource Management: Small Business Considerations102 Questions
Exam 20: Achieving Success in the Small Business100 Questions
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An industry life cycle stage in which customer purchases increase at a dramatic rate is the
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B
Which of the following is NOT one of the supra-strategies identified by Shepherd and Shanley?
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B
There are two types of resources: tangible and intangible.
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True
Which of the following,according to Vesper,is NOT an entry wedge specific to small businesses pursuing an imitation strategy?
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A generic strategy aimed at mass markets in which a firm offers a combination of cost benefits that appeal to the customers is called _____ strategy.
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All of the following are classic strategies for businesses of all types EXCEPT
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In much the same way that families and societies are living things,industries can be considered living too.
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Differentiate between value and cost benefits.Provide four examples for each type of benefit.
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A type of life cycle stage following a boom in which there is a rapid decrease in the number of firms in an industry is the
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There are three classic strategies for businesses of all types: differentiation,imitation,and focus.
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At the end of a SWOT analysis,the strategic direction option,where strengths are matched against threats,is
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An organizational life cycle stage in which established firms must find new approaches to improve the business and its chances for survival is called
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A group discussion in which criticism is suspended in order to generate the maximum number of ideas is
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Changes in competitors,sales and profits in an industry over time is called
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Which of the following refers to the particular way a firm implements customer benefits that keeps the firm ahead of other firms in the market?
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The first step of the small business strategy planning process
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An imitation business that competes locally with others in the same industry is called
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The fourth step of the small business strategy planning process
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