Man 4720 - Study guides, Class notes & Summaries

__________ of mergers fail to create value. A. 60-90% B. 20-50% C. 50-80% D. 100% - Answer-C __________ refers to major changes to the organization. A. restructuring B. parenting C. acquiring D. remodeling - Answer-A ____________ is a firm's resources that reflect the collective learning in the organization or what the firm knows and does best. A. economies of scope B. economies of scale C. market power D. collective power - Answer-A _____________ refers to combining the resourc...

A firm has achieved ______ when it successfully formulates and implements a valuecreating strategy. : strategic competitiveness A competitive advantage: : can be identified when competitors are unable to duplicate or find it too costly to try to imitate. Above-average returns are; : returns in excess of what an investor expects to earn from other investments with a similar level of risk. The strategic management process is : the formulation and implementation of a full set of commitm...

Strategic Management : the ongoing process companies use to form a vision, analyze their external environment and their internal organization, and select one or more strategies to use to create value for customers and other stakeholders, especially shareholders Vision : contains at least two components - a mission that describes the firm's DNA and the "picture" of the firm, as it hopes to exist in a future time period Strategy : an action plan designed to move an organization towar...

CapSim Exam UNF MAN 4720 Williamson Study Guide || With 100% Correct Answers CapSim Exam UNF MAN 4720 Williamson Study Guide || With 100% Correct Answers What is the Capstone Courier? - ANSWER - an extensive year-end report of the sensor industry What does the capstone courier include? - ANSWER - customer buying patterns, product positioning, public financial records Where is the courier available? - ANSWER - from the capstone spreadsheet and on the website after logging into the simul...

Strategic Competitiveness - THE CORRECT ANSWER IS Achieved when a firm successfully formulates and implements a value creating strategy Strategy - THE CORRECT ANSWER IS an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage Competitive advantage - THE CORRECT ANSWER IS implementation of a strategy that creates superior value for customers and that the competitors are unable to duplicate or find it too costly to tr...

Which of the following could be a definition of strategic competitiveness? a. The ability of a firm to outperform its rivals by forming and executing a strategy that creates value for its stakeholders b. A solid company with predictable sales and profitability every year, delivering predictability for its shareholders c. A start-up company with an innovative new product that changes an industry d. The status of a company with the largest top-line sales number in an industry : a. The ...

CAPSIM EXAM UNF MAN 4720 WILLIAMSON STUDY GUIDE ...

Top Corporate Performers Characteristics : -have an entrepreneurial/opportunistic mindset -are market/customer-needs oriented -make effective use of valuable competencies -Offer new and innovative products and services Being _________ is the biggest threat to any business : non-customer centric The firms strategic choices : -economies of scale -barriers to market entry -diversification -product differentiation -industry concentration -market frictions I/O (Industry Organization) Mo...

Strategic Competitiveness : achieved when a firm successfully formulates and implements a value-creating strategy Strategy : an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain competitive advantage The chosen strategy tells us 2 things: : What the firm WILL DO and WILL NOT do Give an example of how Alibaba is changing their environment : Alibaba is coordinating with Apple Pay Competitive Advantage : when a firm implements a st...