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WPC 480 - Final Practice Exam Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed $9.99   Add to cart

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WPC 480 - Final Practice Exam Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed

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At the time when Ellen decided to purchase a tablet computer, the product had just become accessible to the mass market. She did not purchase the tablet until after she was convinced that the benefits it would offer her would far exceed its price. Also, she waited for her friends to try the p...

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  • September 4, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • WPC 480
  • WPC 480
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2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!

WPC 480 - Final Practice Exam Questions & 100% Correct Answers- Latest Test | Graded

A+ | Passed


At the time when Ellen decided to purchase a tablet computer, the product had just

become accessible to the mass market. She did not purchase the tablet until after she was

convinced that the benefits it would offer her would far exceed its price. Also, she waited

for her friends to try the product and popular gadget television shows to endorse it. Which

of the following customer segments does Ellen best represent?


✓ -:- early majority




Why do companies enter strategic alliances?


✓ -:- -hedge against uncertainty




-strengthen competitive position




-access critical complementary assets




Not Enough Time Inc. entered the low-priced digital watch market several years ago. This

firm's earnings have been unsteady but might be growing. According to the BCG growth

matrix, Not Enough Time Inc. is a




1|Page | Grade A+| 2024/2025

, 2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!

✓ -:- a question mark




In the financial year 2014, Apple's return on revenue was 29.30 percent, and Microsoft's

return on revenue was 32 percent. This implies that:


✓ -:- Microsoft's return on revenue was higher than that of Apple




Which of the following best explains why a blue ocean strategy is difficult to implement?


✓ -:- It requires the reconciliation of fundamentally different strategic positions—

differentiation and low cost.




Which of the following statements is true of customer-oriented visions?


✓ -:- They define a business in terms of providing solutions to people's needs




Erin is the manager of gardening supplies wholesaler SpringTime Inc. The company's vision

is to become the leading supplier of gardening materials west of the Mississippi River. In

assessing the firm's current state, Erin has determined that the firm could differentiate

itself from competitors with an easy-to-use online ordering system and a two-day delivery

guarantee. To accomplish this, Erin has determined that SpringTime must spend the next

two quarters honing its capabilities for sourcing materials quickly and improving its web

development competencies. According to the balanced scorecard approach, what is wrong

with Erin's thinking?



2|Page | Grade A+| 2024/2025

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