10/15/24, 12:28 PM WPC 470 FINAL EXAM NEWEST 2024 EXAM ACTUAL EXAM COMPLETE 490 QUESTIONS AND CORRECT DETAILED ANS…
WPC 470 FINAL EXAM NEWEST 2024 EXAM ACTUAL
EXAM COMPLETE 490 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY
GRADED A+
Terms in this set (493)
Wallingford Company is trying to Management Information Systems
determine optimal ways to collect
and distribute knowledge
throughout the firm. This is an
activity for which support function
in the value chain?
a.Human resources
b.Finance
c.Management information systems
d.Distribution
Vendors across the country offer counterfeiting
sunglasses that look virtually
identical to those made by Chanel,
Prada, Gucci, and other luxury
brands—including the trademark
logos—but cost far less. These
products are the result of:
a.competition.
b.imitation.
c.counterfeiting.
d.evolving consumer preferences.
,10/15/24, 12:28 PM WPC 470 FINAL EXAM NEWEST 2024 EXAM ACTUAL EXAM COMPLETE 490 QUESTIONS AND CORRECT DETAILED ANS…
JoAnn Tucker recently took over as conduct training programs and hire educated and experienced
Chief Executive Officer (CEO) of employees
Burger-Rama, Inc. Burger-Rama has
seen declining profits over the past
five years and has struggled to
remain competitive in the fast-food
industry. In order to achieve
strategic competitiveness, JoAnn
must:
a..conduct training programs and
hire educated and experienced
employees.
b.invest in sophisticated technology
in relevant knowledge areas.
c.fire the current board of directors
and start afresh.
d.shift the company's focus to
marketing and develop an
extensive advertising campaign.
Firms failing to perform the value- integrated cost leadership/differentiation
chain activities and support
functions in an optimum manner
when implementing the _____
strategy become "stuck in the
middle."
a.cost leadership
b.focus
c.differentiation
d.integrated cost
leadership/differentiation
The chief executive officer (CEO) The mission deals more directly with product markets and customers
and other top-level managers often
involve other people to develop
the mission statement because:
a.the mission deals more directly
with product markets and
customers.
b.it is viewed as a task that can
easily be delegated.
c.the mission deals more directly
with capital markets and
shareholders.
d.forming the mission is typically
not the final responsibility of the
CEO or other top-level managers.
, 10/15/24, 12:28 PM WPC 470 FINAL EXAM NEWEST 2024 EXAM ACTUAL EXAM COMPLETE 490 QUESTIONS AND CORRECT DETAILED ANS…
A firm should outsource only cannot create value or where it is at a substantial disadvantage
activities where it: compared to competitiors
a.has the probability of developing
core competencies.
b.has developed the ability to
innovate.
c.cannot match up a value chain
activity with a support function.
d.cannot create value or where it is
at a substantial disadvantage
compared to competitors.
Which of the following strategies Digital strategy
helps a firm concentrate on
understanding its customers and
their needs with greater clarity as a
foundation for innovation?
a.Market segmentation strategy
b.Business model strategy
c.Digital strategy
d.Cost leadership strategy
When a firm earns below-average should minimize the amount of support lost from stakeholders
returns, it:
a.is able to maximize the interests of
all stakeholders.
b.should reward those stakeholders
who have the least power.
c.should try to minimize the amount
of support lost from stakeholders.
d.should treat all stakeholders the
same.
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Eurominds. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $15.49. You're not tied to anything after your purchase.
