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WPC 480 Chae Final Exam Questions and Answers $11.99   Add to cart
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WPC 480 Chae Final Exam Questions and Answers
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WPC 480 Chae Final Exam Questions and Answers

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  • October 19, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
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  • wpc 480 chae final exam questions and answers

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WPC 480 Chae Final Exam Questions
and Answers

What iiis iiCorporate iistrategy? ii- iiAnswers ii-Actions iito iisustain/gain iicomp. iiadv. iiin
iiseveral iiindustries iiand iimarkets


Where iidoes iicorporate iistrategy iicompete? ii- iiAnswers ii-1)Industry iivalue iichain:
iivertical iiintegration
2)Product iiand iiservices: iidiversification
3)Geography ii(regional, iinational, iiglobal iimkts)

What iiis iiVertical iiintegration? ii- iiAnswers ii-Process iiwhere iiseveral iisteps iiin iiproduction
iiare iicontrolled iiand iiowned iiby iia iisingle iicompany


Forward iiIntegration ii- iiAnswers ii-ex) iipepsi iiconcentrate iicontrols iibottlers

Backwards iiintegration ii- iiAnswers ii-ex) iimanufacturer iicontrols iidesign iiprocess/area

Transaction iiCosts ii- iiAnswers ii-costs iiassociated iiwith iieconomic iichange

Internal iivs iiexternal

employees iipay, iibenefit, iioffice iispace iivs. iicontract, iisupervising iiperformance,
iinegotiating


Opportunism ii- iiAnswers ii-Willingly iitaking iiadv iiof iiothers ii(dishonesty)

threat iiof iiopp. iiis iihighest iiwhen iipaired iiwith iiasset iispecificity iiproblem

Asset iispecificity ii- iiAnswers ii-Unique iiassets iiwith iihigh iiopportunity iicost,
most iivalue iiin iifirst iiuse iithan iinext iibest iiuse.

Should iia iifirm iimake iior iibuy? ii- iiAnswers ii-C iiin iihouse ii< iiC iimarket= iivertical iiintegrate
Make ii> iiBuy ii=vertical iiintegrate, iino ii= iioutsource

Which iiis iian iiexample iiof iiinternal iitrans. iicost?

a. iipertaining iito iisetting iiup iia iifloor
b. iisearching iifor iisuitable iimanufacturer
c. iinegotiating iiprices iiwith iibusiness iiconsultant
d. iioutsourcing iipapyroll iimaintenance

, e. iibackward iivertical iiintegration ii- iiAnswers ii-A

T/F iiThreat iiof iiopportunism iiis iithe iileast iiwhen iia iiparty iito iian iiexchange iihas iimade
iitransaction-specific iiinvestments ii- iiAnswers ii-F


T/F iiFlexibility iiis iimost iivaluable iiwhen iithe iidecision-making iisetting iifaced iiby iia iifirm iiis
iiuncertain. ii- iiAnswers ii-T


T/F iiWhen iidepending iilargely iion iian iiinput iithat iiis iivalueable, iirare iiand iicostly iito
iiimitate, iiit iiis iioptimal iito iicarry iiout iithe iiexchange iion iithe iiopen iimarket ii- iiAnswers ii-F


T/F iiMAKE> iiBUY ii= iivertically iiintegrate ii- iiAnswers ii-T

Levels iiof iistrategy ii- iiAnswers ii-1. iiCorporate ii(where iito iicompete)
2. iiBusiness ii(how iito iicompete)
3. iiFunctional ii(how iito iiexecute)

Diversification ii- iiAnswers ii-Range iiof iiproducts iiand iiservice iia iifirm iishould iioffer

Types iiof iidiversification ii- iiAnswers ii--Single iibusiness. ii95, iiA
-Dominant iibusiness. ii70-95, iiAB
-Related iiconstrained. ii<70 iiABC
-Related iiLinked. ii<70 iiABCD
-Unrelated ii<70, iiA iiB iiC ii(separated)

Benefits iiof iidiversification ii- iiAnswers ii-Reduce iicosts iiand iiincrease iivalue, iieconomies
iiof iiscale iiand iiexploit iieconomies iiof iiscope iito iicreate iisynergy iiacross iibusiness


Operational iiEconomies iiof iiscope ii- iiAnswers ii-Shared iiactivities, iileveraging iicore
iicompetencies


Financial iieconomies iiof iiscope ii- iiAnswers ii-Internal iicapital iimarkets, iirestructuring

BCG iiMatrix ii- iiAnswers ii-growth iix iimkt iishare: ii?, iistar, iidog, iicow

Corporate iiDiversification iiand iiFirm iiperformance ii- iiAnswers ii-H/L ii= iiLower
iiperformance
Moderate= iihigher iifirm iiperformance

Rationale iibehind iirelated iidiversification iiis iito...

a. iilimit iilearning-curve iiand iiexperience-curve iieffect
b. iibenefit iifrom iieconomies iiof iiscale iiand iiscope
c. iiobtain iionly ii10% iiof iithe iirevenues iifrom iithe iiprimary iibusiness iiactivities
d. iiavoid iisharing iiresources iiand iicompetencies iiacross iidifferent iibusiness iilines ii-
iiAnswers ii-B

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