Busi 4940 - Study guides, Class notes & Summaries

The Criterion of Consistency framework suggests that - ANS There must be a fit or alignment between a firms environment strategy and capabilities The ____ portion of the Criterion of Consistency framework focuses primarily on the opportunities and threats facing the firm - ANS Environment The objective of Strategic business integration process is - ANS build, shape, and test the org strategies and capabilities. The 3 step strategic business integration process is? - ANS A tool t...

Economies of Scope - ANS Cost savings a firm creates by successfully sharing resources and capabilities or transferring one or more corporate-level core competencies that are developed in one of its businesses to another of its businesses. Corporate-level Core Competencies - ANS Complex sets of resources and capabilities that link different businesses, primarily through managerial and technological knowledge, experience, and expertise. Corporate-level Strategy - ANS Specifies actions...

Corporate level is concerned with - ANS Diversification Merger - ANS 2 firms agree to integrate their operations on a relatively co-equal basis to create another NEW firm Acquisition - ANS One firm buys a controlling (100% interest) in another firm with the intent of making the acquired firm a subsidiary business w/in its portfolio (amazon buying whole foods) Takeover - ANS Acquisition in which the target firm did not solicit the acquiring firm's bid for outright ownership ...

Alignment - ANS A condition where organizational elements fit together and reinforce each other is the definition of which important aspect of successful implementation False - ANS Blue ocean innovation relates is a type of innovation that is characterized by sustainability - innovation that is good for the earth. False - ANS Developing growth strategy along the value or supply chain is known as horizontal diversification. True - ANS Part of the internal analysis is to understan...

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 product markets. Economies of scope - ANS cost savings a firm creates by successfully sharing resources and capabilities or transferring one or more corporate-level core competencies that were developed in one of its businesses to another of its businesses. Corporate-level core competencies - ANS are complex sets of resou...

BUSI 4940 Exam 1 Review - Chapter 1, 2 & Supplementary Lecture

BUSI 4940 Exam 3 Exam Questions With Verified Answers. What is the definition of sustainability? - answermeeting the needs of the present without compromising the ability of future generations to meet their own needs. what are the three main changes made in the deloitte sustainability definition of 1992? - answer- third-party "stakeholders" - protecting, sustaining, and enhancing human and natural resources - "needed" in a general sense instead of from the view of an individual's "o...

BUSI 4940 Ch. 1 - 2 & supplement of chapter Exam 1

BUSI 4940 Exam 1 Review Questions With Verified Answers. General Environment - answerFactors in the external environment that can affect the company, but the company can not directly affect back. Or, dimensions in the broader society that influence an industry and the companies within it. In general, firms cannot directly control or significantly impact the segments of this environment. For example, the U.S. economy is so big that one company can't do much to impact it. However, the U.S....

BUSI 4940 Exam 3