10. Competition among existing firms can not be defined by: Select one: a. Industry growth rate b. Learning economies c. Degree of differentiation in products and services d. Communication and governance
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- 22) Which of the following is true regarding diversification? A) Diversification is classified into related diversification and unrelated diversification b) Firms diversify to achieve some performance objectives c) Diversification is the entry of firm or business unit into new lines of activity, either by processes of internal business development or acquisition, which entail changes in it administrative structure, systems and other management processes d) A and B e) A and B and CThe benefit of understanding the external forces of business refers to which statement? a. It helps the managers to maximize operations cost b. It helps the managers to remove competitors from the market c. It helps the managers to develop the appropriate business strategies d. It helps the managers to copy the competitors107- What factor does the GE-Mckinsey matrix use to compare BU? a. Growth and market share b. Growth and market attractiveness c. Competitive strengths and industry attractiveness d. Growth and industry attractiveness
- What term is used for corporate development beyond current products and markets, but within the capabilities or the value network of the organisation a Backward integration b.Related diversification c. Vertical integration d. Divergent diversificationWhich is the most important for company's competitive advantage: internal consistency or market competitiveness?Give typing answer with explanation and conclusion A(n) _____ is an internal skill or capability that does not enable a company to choose and implement strategies that support its mission. a. organizational threat b. organizational weakness c. process gain d. market threat e. economic downswing
- ___________________ typically bring together firms from different, often unrelated industries to work on well well-defined activities Question 6Answer a. Strategic alliance b. Non-competitive alliance c. Precompetitive alliance d. Competitive allianceWhich of the following tools are NOT the most appropriate for analyzing the internal environment? a. Benchmarking b. SWOT analysis c. Value Chain Analysis d. PESTLE framework Which of the following factors have NOT had an impact on improved access to global competitors in the market place? a. Improved communication b. Increased shipping costs c. Improved shipping channels d. Reduced barriers1. Explain the reasons why a manufacturing firm or a service firm will outsource a product or a service when it could have done that by itself. With appropriate examples explain the firm might do otherwise 2. A distinctive competency is a competency unique to a business organization, a competency superior in some aspect than the competencies of other organizations, which enables the production of a unique value proposition in the function of the business. Discuss with one relevant example each fives areas of distinctive competency that a build could focus on to build a competitive advantage 3.A fast-food restaurant serves hamburgers, cheeseburgers, and chicken sandwiches. The restaurant counts a cheeseburger as equivalent to 1.25hamburgers and chicken sandwiches as 0.8 hamburgers. Current employment is five full-time employees (who work a 40-hour week). If the restaurant sold 700 hamburgers, 900 cheeseburgers, and 500 chicken sandwiches in one week, what is the productivity? What would…
- 24) Business strategy focuses on two issues, (1) what business to compete in, and (2) how business can be managed to achieve synergy. a) True b) False1- What are core competencies of companies? GIVE EXAMPLE 2- What role do dynamic capabilities play in the ability of companies to create competitive advantage in rapidly changing environments? GIVE EXAMPLES PLEASEThe advantages of focusing a company's entire competitive effort on a single market niche allows for A)going after a national customer base with a "something for everyone" lineup of models. B) executing competencies and capabilities better than competitors. C)scaling operations to serve the customer market segment. D)utilizing the full depth of the company's resources across a broad base of customers. E)All of these.