Mngt 4800 exam 1 2024 - Study guides, Class notes & Summaries
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MNGT 4800 Exam 1 questions with 100% correct answers 2024
- Exam (elaborations) • 8 pages • 2024
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MNGT 4800 Exam 1 questions with 100% correct answers 2024 
 
 
Strategic Management - answer--examines how actions and events involving executives, firms, and industries influence performance 
 
Henry Mintzberg: 5 Ps of STRATEGY - answer--plan 
ploy 
pattern 
position 
perspective 
 
plan - answer--a consciously-intended course of action to deal with a situation 
 
ploy - answer--a specific "maneuver" intended to outwit a competitor 
 
pattern - answer--a consistent stream of action 
 
positio...
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MNGT 4800 Simulation Exam Questions with 100% Verified Correct Answers 2024 Rated A+
- Exam (elaborations) • 11 pages • 2024
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MNGT 4800 Simulation Exam Questions with 100% Verified Correct Answers 2024 Rated A+ 
Why simulate? - Correct Answer - risk free 
- big picture 
-develop critical thinking skills 
- compresses time 
- comprehensive strategy 
 
About the Business - Correct Answer - all teams begin with identical profile 
- oligopoly 
- no outside competitors or product substitutes 
-benign environment 
 
What is an oligopoly? - Correct Answer market dominated by handful of firms 
 
Five Market Segments - Corre...
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MNGT 4800 exam 1 Stanwick with complete solution latest 2024
- Exam (elaborations) • 8 pages • 2024
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MNGT 4800 exam 1 Stanwick with complete solution latest 2024
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MNGT 4800 - Exam 1 | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS
- Exam (elaborations) • 4 pages • 2024
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MNGT 4800 - Exam 1 | Questions 
and Correct Answers | Latest 
Update 2024/2025 | 100% PASS 
why is strategic planning necessary - Answer -value creation 
value creation definition - Answer -justification of a firm to provide a 
unique set of solutions to a defined group of customer segments 
connectivity - Answer -what the customer want to what you can provide 
them at an acceptable price 
how is value different for different people - Answer -gas station coffee 
vs starbucks 
- understand how my...
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