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BPL 5100 Study guide Questions Solved 100% Correct| Verified Answers
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BPL 5100 Study guide Questions Solved 100% Correct| Verified Answers
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BPL 5100 Study guide Questions Solved 100%Correct| Verified Answers
Five forces analysis implicitly assumes a zero-sum game. - ✔✔Zero-sum game = a situation in
which multiple players interact, and winners win only by taking from other players.
the value net is composed of - ✔✔vertical dimension and horizontal dimension
Value Chain Analysis - ✔✔a strategic analysis of an organization that uses value-creating
activities.
primary activities - ✔✔contribute to the direct physical creation of the product or service;
the sale and transfer to the buyer; and service after the sale.
primary activities - ✔✔•Inbound logistics.
•Operations.
•Outbound logistics.
•Marketing and sales.
•Service.
support activities - ✔✔•Procurement.
•Technology development.
•Human resource management.
•General administration.
5 forces - ✔✔1. threat of entry
2. power of suppliers
, 3. power of buyers
4. threat of substitutes
5. rivalry among existing competitors
Hierachy of goals - ✔✔top ---> bottom
1. vision
2. mission statement
3. strategic obj
mission - ✔✔encompasses the purpose of the company and basis of compeition
competitive advantages are built upon a firms ______________________. - ✔✔internal
competencies
what are two sources of competitive advantage ? - ✔✔1. cost advantage
2. differentiaion
inbound logistics - ✔✔The area of logistics that involves bringing raw materials, packaging,
other goods and services, and information from SUPPLIERS to PRODUCERS.
outbound logistics - ✔✔collecting, storing, and physically distributing the products to
BUYERS
Environmental scanning - ✔✔It is a BIG PICTURE viewpoint of the industry/competition,
looking for key indicators of emerging trends
environmental monitoring - ✔✔tracks the evolution of environmental trends
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