BUSI-490 EXAM package deal!

BUSI 490: Capstone Exammission statement - correct answer a company's "reason for being" vision statement - correct answer FIRST step in strategic planning, answers the question "What do we want to become?" environmental scanning - correct answer the process of conducting research and gat...

BUSI 490 CapstoneAnnual objectives (p. 11) - correct answer Short-term milestones, usually one year, that organizations must achieve to reach long-term targets/goals. Competitive advantage (p. 8) - correct answer Anything a firm does especially well, compared to rival firms. For example, when a f...

BUSI 490: Capstone Liberty UniversityStrategic Management - correct answer The art and science of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives strategy formulation - correct answer -developing a vision and mission -ide...

BUSI 490 CAPSTONE FINAL EXAM ANNUAL OBJECTIVES - correct answer Short-term milestones, usually one year, that organizations must achieve to reach long-term targets/goals. COMPETITIVE ADVANTAGE - correct answer Anything a firm does especially well, compared to rival firms. For example, when a fir...

BUSI 490 Final Exam, Business 490 Final

BUSI 490 IntensiveWhat is the current ratio? - correct answer current assets/current liabilities What is the quick (acid test) ratio? - correct answer current assets - inventory/current liabilities What is the total debt ratio? - correct answer (total assets - total equity)/total assets Wha...

BUSI 490 - Chapter 9: Strategy Review, Evaluation, and ControlAdvantage (p. 283) - correct answer A way to evaluate strategies, i.e. to determine if a particular strategy creates or extends a firm's competitive superiority in a selected area of activity. Auditing (p. 295) - correct answer The ac...

Busi 490 Ch. 11 TermsGlobal strategy - correct answer Designing, producing, and marketing products with global needs in mind, instead of solely considering individual countries. Inhwa - correct answer A South Korean term for activities that involve concern for harmony based on respect of hierarch...

BUSI 490: Strategic Management - Chapter 7BUSI 490: Strategic Management - Chapter 7 Annual Objectives - correct answer Essential for strategy implementation because they represent the basis for allocating resources, are a primary mechanism for evaluation managers, are the major instrument for ...

BUSI 490 Chapter 12 Innovation - correct answer - involves using new knowledge to transform organizational processes or create commercially viable products and services Product Innovation - correct answer refers to new or better products or services Process Innovation - correct answer - by co...

BUSI 490 Final Exam (ch. 1)Key attributes of Strategic Management - correct answer -Directs the organization toward overall goals and objectives -Includes multiple stakeholders in decision making -Needs to incorporate short-term and long-term perspectives -Recognizes trade-offs between efficiency...

BUSI 490 - Chapter 8: Implementing Strategies: Marketing, Finance/Accounting, R&D, and MIS IssuesBook value (p. 268) - correct answer The number of shares outstanding times stock price. Business analytics (p. 272) - correct answer An MIS technique designed to analyze huge volumes of data to help ...

BUSI 490 IP and technology strategyTRX takeaways - correct answer Technology: the TRX technology is simple and extremely easy to copy. This sharpens the need for an aggressive IP acquisition and enforcement strategy Economics: the amazon platform coupled with Chinese manufacturing adds additional c...

BUSI 490: Strategic Management - Chapter 10Bribe - correct answer A gift bestowed to influence a recipient's conduct; may be money, good, right in action, property, preferment, privilege, emolument, object of value, advantage, or merely a promises or undertaking to induce or influence the action, v...