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WPC 480 Final Exam Questions and Answers

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  • WPC 480
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  • WPC 480

WPC 480 Final Exam Questions and Answers

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  • October 19, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • WPC 480
  • WPC 480
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millyphilip
WPC 480 Final Exam Questions and
Answers

Soil iiand iiSod iiGardening iiSupplies iihas iia iivision iiof iihelping iievery iiAmerican iilearn
iihow iito iigrow iitheir iiown iifood. iiIts iimanagement iiteam iirecently iiunveiled iithe iimission
iistatement ii"A iigarden iiat iievery iihome." iiWhat iiis iiwrong iiwith iithis iimission iistatement?
ii- iiAnswers ii-It iidoes iinot iiindicate iihow iithe iicompany iiwill iiaccomplish iiits iigoals.


Bubble iiBuddy iiis iia iicompany iithat iimanufactures iihot iitubs. iiWhich iiof iithe iifollowing
iibest iiillustrates iia iiproduct-oriented iivision iifor iiBubble iiBuddy? ii- iiAnswers ii-to iibe iithe
iipioneering iimanufacturer iiof iihot iitubs


In iithe iiAFI iistrategy iiframework, iistrategy iianalysis iiprimarily iiinvolves ii- iiAnswers ii-
evaluating iithe iieffects iiof iiinternal iiresources iiand iicore iicompetencies iion iia iifirm's
iipotential iito iigain iiand iisustain iia iicompetitive iiadvantage.


During iian iiAFI iiplanning iisession, iithe iimanagers iiof iithe iiFukuhara iiMotorcycle
iiCorporation iidecided iito iiplace iivarious iistages iiof iiproduction iiin iidifferent iicountries iiin
iiorder iito iiimplement iithe iistrategy iiof iicutting iioverhead iicosts. iiBy iidoing iithis, iiwhat
iiissue iidid iithe iifirm iiaddress? ii- iiAnswers ii-organizational iidesign


Which iiof iithe iifollowing iisummarizes iithe iidifference iibetween iia iifirm's iivision iiand
iimission? ii- iiAnswers ii-A iivision iistates iiwhat iia iifirm iiwants iito iiaccomplish; iia iimission
iistates iihow iia iifirm iiplans iito iiaccomplish iithis iivision.


Carlos iiis iithe iimanager iiof iia iigraphic iidesign iifirm, iiand iihe iirelies iion iia iitop-down
iistrategic iimanagement iiapproach iito iimaintain iitight iicontrol iiover iithe iiactivities iiof iihis
iiemployees. iiThe iicompany iihas iirecently iistarted iito iilose iimarket iishare iito iiits iimore
iiinnovative iicompetitors, iiand iiCarlos iiwants iito iiencourage iihis iiemployees iito iistart
iicontributing iito iithe iistrategy iiformulation iiprocess iito iimake iithe iicompany iimore
iicompetitive. iiWhich iiof iithe iifollowing iisteps iishould iiCarlos iitake? ii- iiAnswers ii-
Designate iiFriday iiafternoons iias iitime iifor iiemployees iito iipursue iioutside iiinterests
iiloosely iirelated iito iithe iibusiness.


BlueStainless iiCorp. iihas iibeen iiable iito iigain iiand iisustain iia iicompetitive iiadvantage
iidue iito iiits iistrong iirelationship iiwith iiits iiemployees, iicustomers, iisuppliers, iiand iilocal
iicommunities. iiThe iicompany iibelieves iiin iilifetime iiemployment iiand iiensures iithat iiits
iiemployees iigrow iialong iiwith iithe iicompany. iiInvestors iiare iimore iithan iisatisfied iiwith
iithe iireturns iion iitheir iiinvestments. iiAlso, ii3 iipercent iiof iithe iicompany's iiprofit iiis iispent
iion iicommunity iidevelopment. iiWith iiinitiatives iilike iithese, iicustomers iifeel iiprivileged iito

, iiassociate iithemselves iiwith iiBlueStainless iiproducts. iiThis iiscenario iibest iiillustrates
iithe iiimplementation iiof iia ii- iiAnswers ii-stakeholder iistrategy.


In iithe iipyramid iiof iicorporate iisocial iiresponsibility, ii________ iiresponsibilities iiare iithe
iifoundational iibuilding iiblock. ii- iiAnswers ii-economic


Which iiof iithe iifollowing iiscenarios iibest iiillustrates iia iigood iistakeholder iistrategy? ii-
iiAnswers ii-PA iiCorp. iidistributes iionly ii40 iipercent iiof iiits iiannual iiprofit iiafter iitaxes iito
iishareholders, iiwhile iithe iiremaining iiis iiinvested iifor iifurther iiresearch, iiand iidistributed
iiamong iiemployees iiand iithe iilocal iicommunity.


Which iiof iithe iifollowing iiis iian iiassumption iithat iitop-down iistrategic iiplanning iirests iion?
ii- iiAnswers ii-We iican iipredict iithe iifuture iifrom iithe iipast.


Eon iiInc., iiElectravia iiInc., iiand iiFC iiInc., iithe iithree iilargest iifirms iiin iithe iiconsumer
iielectronics iiindustry, iihold iiclose iito ii85 iipercent iiof iithe iiindustry's iimarket iishare.
iiThese iicompanies iimainly iicompete iiagainst iieach iiother iiby iiproviding iiunique iifeatures
iiin iitheir iiproducts iirather iithan iipricing iithem iilow. iiThese iifirms iiare iiinterdependent,
iiand iieach iifirm iimust iiconsider iithe iistrategic iiactions iiof iiits iicompetitors. iiWhich iiof iithe
iifollowing iiindustry iicompetitive iistructures iidoes iithis iiscenario iibest iiillustrate? ii-
iiAnswers ii-oligopoly


The iiprimary iiobjective iiof iiPorter's iifive iiforces iimodel iiis iito ii- iiAnswers ii-understand iithe
iiprofit iipotential iiof iiindustries.


Which iiof iithe iifollowing iiis iia iidrawback iiof iiPorter's iifive iiforces iimodel? ii- iiAnswers ii-
Managers iicannot iidetermine iithe iichanging iispeed iiof iian iiindustry iior iithe iirate iiof
iiinnovation.


Hammer iiand iiNails, iiLocal iiMotion, iiDIY iiPalace, iiand iiHandy iiParadise iiare iiall
iihardware iistores iithat iicompete iiagainst iieach iiother iithrough iieveryday iilow iipricing
iiand iidiscounts iion iibulk iipurchases. iiAll iifour iistores iicater iito iithe iineeds iiof iihighly
iiprice-sensitive iicustomers. iiThus, iitogether iithese iistores iiform iia ii- iiAnswers ii-strategic
iigroup.


In ii2008, iiBlackBerry's iimarket iicap iipeaked iiat ii$75 iibillion. iiBy ii2017 iithis iivaluation
iihad iifallen iimore iithan ii90 iipercent, iito ii$3.9 iibillion. iiBlackBerry iifell iivictim iito iitwo
iiimportant iiPESTEL iifactors iiin iiits iiexternal iienvironment: iisociocultural iiand
iitechnological. iiHow iidid iitechnology iicontribute iito iiBlackBerry's iidecline? ii- iiAnswers ii-
BlackBerry iifailed iito iichange iiits iidevice iiinto iione iithat iicould iiperform iimultiple iitasks
iieffectively


How iiare iithe iicritical iiassumptions iiof iithe iiresource-based iimodel iiof iia iifirm
iifundamentally iidifferent iifrom iithe iiway iiin iiwhich iia iifirm iiis iiviewed iiin iithe iiperfectly
iicompetitive iiindustry iistructure? ii- iiAnswers ii-In iiperfect iicompetition, iiall iifirms iihave

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