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Chapter 9 Globus Bundled Exams 2023 with 100% correct answers
Chapter 9 Globus Exam 2023 with 100% correct answers GLOBUS Exam 1 exam 2023 with 100% correct answers
[Show more]Chapter 9 Globus Exam 2023 with 100% correct answers GLOBUS Exam 1 exam 2023 with 100% correct answers
[Show more]strategic management 
integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage 
 
 
 
strategy 
the set of goal-directed actions a firm takes to gain and sustain superior performance relative to competitors 
 
 
 
good strategy 
enab...
Preview 2 out of 7 pages
Add to cartstrategic management 
integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage 
 
 
 
strategy 
the set of goal-directed actions a firm takes to gain and sustain superior performance relative to competitors 
 
 
 
good strategy 
enab...
GLOBUS Exam 1 exam 2023 with 100% correct answers
Preview 2 out of 10 pages
Add to cartGLOBUS Exam 1 exam 2023 with 100% correct answers
T/F: Differentiation and cost leadership are only effective in manufacturing industries. 
F 
 
 
 
T/F: The major value drivers that managers have at their disposal when using a differentiation strategy include product features, customer service, and complements 
T 
 
 
 
T/F: A differentiator will ...
Preview 2 out of 10 pages
Add to cartT/F: Differentiation and cost leadership are only effective in manufacturing industries. 
F 
 
 
 
T/F: The major value drivers that managers have at their disposal when using a differentiation strategy include product features, customer service, and complements 
T 
 
 
 
T/F: A differentiator will ...
PESTEL model 
A framework that categorizes and analyzes an important set of external factors (political, economic, sociocultural, technological, ecological, and legal) that might impinge upon a firm. These factors can create both opportunities and threats for the firm. 
 
 
 
political factors 
proc...
Preview 2 out of 9 pages
Add to cartPESTEL model 
A framework that categorizes and analyzes an important set of external factors (political, economic, sociocultural, technological, ecological, and legal) that might impinge upon a firm. These factors can create both opportunities and threats for the firm. 
 
 
 
political factors 
proc...
build-borrow-or-buy framework 
Conceptual model that aids firms in deciding whether to pursue internal development (build), enter a contractual arrangement or strategic alliance (borrow), or acquire new resources, capabilities, and competencies (buy). 
 
 
 
strategic alliances 
voluntary arrangemen...
Preview 2 out of 9 pages
Add to cartbuild-borrow-or-buy framework 
Conceptual model that aids firms in deciding whether to pursue internal development (build), enter a contractual arrangement or strategic alliance (borrow), or acquire new resources, capabilities, and competencies (buy). 
 
 
 
strategic alliances 
voluntary arrangemen...
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