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Bsg MIDTERM questions and answers rated A+ 2025/2026
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Bsg MIDTERM questions and answers rated A+ 2025/2026
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Bsg MIDTERMThe difference among a agency's enterprise model and a enterprise's strategy is that -
ANSits business version pertains to control's blueprint for turning in a precious services or
products to customers in a way on the way to generate sufficient revenues to cover fees and
yield an attractive income even as its method pertains to the groups competitive movements
and commercial enterprise techniques (which may additionally or won't lead to profitability)
A organization's method is a "work in development" and evolves through the years because
of - ANSThe need to react and respond to changing market and aggressive conditions and
ongoing control efforts to enhance this or that piece of the method
Good approach and exact method execution - ANSare the maximum honest signs of
desirable management
Based on determine 1.1, which of the subsequent is not something to look for in identifying a
corporation's method? - ANSActions to upward thrust or decrease the company's
performance targets and actions to pay down the employer's long-term debt
Which of the subsequent statements about a organisation's method is false? -
ANSWell-crafted enterprise strategies hardly ever need to be changed until one or more
crucial rival corporations release sudden strategic tasks that endanger the corporation's
method long-time period profitability
A business enterprise's business model - ANSsets forth how its method and commercial
enterprise methods will create value for customers whilst on the identical time producing
adequate sales to cowl expenses and understand a income
Which of the subsequent is not a often used strategic approach to placing a agency other
than competitors, handing over superior price, attaining aggressive advantage, and changing
shoppers into loyal clients? - ANSstriving to be greater profitable than rivals and aiming for a
aggressive side based on larger earnings margins
The critical factors of a organisation's enterprise version are - ANSits customers vale
proposition (which lays out the enterprise's approach to satisfying customer wishes and
necessities at a charge they will don't forget a very good cost) and its "earnings formulation"
(the commercial enterprise approach, approach of producing revenues, principal assets, and
operating systems with the intention to be hired to create and supply that supposed
purchaser price price-successfully and at a price as a way to permit attractive earnings)
A enterprise's method and its quest for aggressive gain are tightly related due to the fact -
ANSa company is nearly certain to earn appreciably better profits when it enjoys a
aggressive benefit rather than when it competes without a benefit or is hamstrung by means
of completive downside
, A corporation's strategy is described by way of - ANSthe unique market positioning,
competitive moves, and enterprise strategies that shape control's answer to "What's our plan
for running the business enterprise and producing excellent outcomes?"
Which of the following questions allows distinguishing a prevailing approach from a mediocre
or losing strategy? - ANSIs the approach helping the organization reap a sustainable
aggressive gain and is it resulting in proper company overall performance?
A enterprise's method evolves from one model to the following - ANSas managers abandon
out of date or ineffective strategy elements, pick out a hard and fast of proactive strategy
elements, and then- as new instances unfold--make adaptive strategic changes, which offers
upward push to reactive method factors
Crafting an ethical approach requires that managers - ANScarefully and conscientiously do
not forget whether or not every proposed method element can skip the test of moral scrutiny
inside the feel of not being shady, unconscionable, or injurious to others.
Which of the subsequent isn't some thing a agency's method is involved with? -
ANSManagement's preference of which of numerous opportunity enterprise fashions to
employ in turning in price to customers and to shareholders
In selecting among method alternatives, agency managers - ANSare properly-advised to
embrace strategic movements which can bypass the take a look at of moral scrutiny-- it is
not sufficient to just stay within the bounds of what is prison and appropriate to regulators
In endeavoring to craft an ethical strategy, business enterprise managers - ANShave to
move beyond what strategic moves and behaviors are deemed prison and cope with
whether all the numerous factors of the agency's strategy can pass the take a look at of
moral scrutiny
In crafting a method, management is in impact saying - ANS"amongst all of the many
extraordinary enterprise procedures and methods of competing we may want to have
chosen, we have decided to rent this precise combination of competitive and working
methods in shifting the company inside the intended path, strengthening its marketplace
function and competitiveness, and meeting or beating our performance targets"
The customer fee proposition portion of a enterprise's commercial enterprise version issues -
ANSthe organization's approach to pleasing client needs and requirements at a fee they will
do not forget an excellent value
According to Figure 1.1, which of the following isn't some thing to look for in figuring out a
agency's strategy? - ANSActions to reinforce the employer's aggressive role by means of
hiring one or more new top executives or shedding a portion of its paintings pressure or
paying down its long-term debt
Which one of the following statements about whether or not a corporation's strategy may be
taken into consideration ethical is real? - ANSJust retaining a agency's strategic actions in
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