BUSI 4940 EXAM 3 QUESTIONS WITH CORRECT ANSWERS ALL VERIFIED BY AN EXPERT A+ GRADED (LATEST UPDATE)
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Course
Mgmt
Institution
Mgmt
*CHAPTER 6* - ANS *Corporate-Level Strategy*
Corporate-Level Strategy - ANS - *Actions a firm takes to gain a competitive advantage* by selecting and *managing a group of different businesses* competing *in different markets*
What is the value of corporate level strategy? - ANS - the de...
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WITH CORRECT ANSWERS
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ALL VERIFIED BY AN EXPERT
A+ GRADED (LATEST UPDATE)
YC
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, *CHAPTER 6* - ANS *Corporate-Level Strategy*
Corporate-Level Strategy - ANS - *Actions a firm takes to gain a competitive
advantage* by selecting and *managing a group of different businesses* competing *in
different markets*
What is the value of corporate level strategy? - ANS - the degree to which the lines of
businesses in the portfolio are worth more under the management of the firm than they
would be under other ownership. (Synergy)
K
What businesses should the firm be in and how should the be managed?
C
Synergy - ANS when you combine two things and they create greater value
*better together*
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ex. if I go into the business for back end development
then add a front end service
together I can do full stack and gain more business
Business-Level Strategy - ANS an integrated and coordinated set of commitments and
YC
actions the firm uses to gain a competitive advantage by exploiting core competencies
in specific product markets
What is the difference between Corporate and Business Level Strategy? - ANS BLS is
for only one business, while CLS is for all businesses in a corporation
D
What do levels of diversification tell you? - ANS 1. How much of your overall revenue
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comes from one line of busines
2. How related are the different lines of business
ex. painting + flooring
ST
very related
What variables determine the level of diversification? - ANS 1. amount of total
revenues accounted for by a single business
2. level of "relatedness" across businesses
Levels of Diversification - ANS 1. Low Level
2. Moderate to High
3. Very High
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