Wpc 480 quizzes - Study guides, Class notes & Summaries

The two business models we reviewed—Industrial Organization and Resource-Based— focus, respectively, on _____ and _____ analysis: - ANSWER external; internal What is the primary objective of a company strategy? - ANSWER Achieving sustainable competitive advantage.

Which of the following is not a primary benefit of diversification: - ANSWER Appeasing corporate shareholders by taking action to make changes. When a firm buys a competitor, supplier, distributor, or business in a highly related industry so a core competency can be used to gain competitive advantage, this demonstrates an acquisition strategy to _____. - ANSWER increase market power

Which of the following groups is most likely to be considered a firm's internal stakeholder? - ANSWER board members Which of the following groups will not be considered a company's internal stakeholder? - ANSWER suppliers Which of the following statements related to a firm's stakeholders is not true? - ANSWER While external stakeholders are those who make contributions toward the firm, internal stakeholders are those who reap all the benefits.

WPC 480 QUIZZES TEST RATED 100% CORRECT

Mainline Ltd. is a landline telephone manufacturer whose average return on invested capital is approximately 2 percent. Because demand for landline telephones has declined significantly, the industry average return on invested capital has been negative (-5 percent) for the last few years. In this scenario, Mainline Ltd. has a competitive advantage. A positive relationship between vision statements and firm performance is more likely to exist when organizational structures are aligned wi...