Cob 487 - Study guides, Class notes & Summaries
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COB 487 Final Exam Questions with Correct Answers
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COB 487 Final Exam Questions with Correct Answers 
 
 
Greeks reacted negatively to Coca-Cola advertising using Coke bottles as pillars for the Parthenon. This is a form of ________ risk. - Answer-Management 
 
Rivalry is intense in nations with conditions of ________ consumer demand, ________ supplier bases, and ________ new entrant potential from related industries. - Answer-strong, strong, high 
 
Renault paid 1 billion USD to acquire a 25 percent ownership stake in the Russian automaker Avt...
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COB 487 - EXAM 2 (100% Accurate)
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The Strategic Management Process correct answers 1) mission 
2) objectives 
3) external analysis/internal analysis 
4) strategic choice 
4a) Business level strategy = how to position a business in the market 
4b) corporate level strategy = which businesses to enter 
5) strategy implementation 
6) competitive advantage 
 
Business Level Strategies correct answers Two Generic Business Level Strategies 
 
Cost Leadership = • generate economic value by having lower costs 
than competitors 
 
Produ...
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COB 487 quizzes 1-6 test 1 (100% Verified)
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Strategy analysis is the starting point of the strategic management process and consists of the 
 - analysis of the relevant internal and external environmental factors only. 
- analysis only of the vision, mission, and objectives of the firm. 
- analysis of relevant competitors only. 
- matching of vision, mission, and objectives with the relevant internal and external environmental factors. correct answers matching of vision, mission, and objectives with the relevant internal and external envi...
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COB 487 EXAM 1 WITH CORRECT ANSWERS 2023-2024
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What is a normative argument? - It is about what ought to be done according to a someone's value position. 
 
Stakeholders interests are... - Joint 
 
Who are typically considered primary stakeholders? - Employees, customers, suppliers, communities, and shareholders. 
 
Who originally developed stakeholder theory? - Ed Freeman 
 
According to stakeholder theory, how can trade-offs be resolved? - By leveraging imagination/creativity. 
 
What is an instrumental view on stakeholder theory? - Belie...
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COB 487 Exam 1: Review Questions and answers, graded A+/ Examinable predictor paper, APPROVED/
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COB 487 Exam 1: Review Questions and 
answers, graded A+ 
What is Strategic Management? - -examines how actions and events involving top executives, firms, 
and industries influence a firm's success or failure. 
- mastering strategy is therefore part art and part science 
Defining Strategy: The Five Ps described by Henry Mintzberg - -It can be viewed as a: 
- plan 
- ploy 
- position 
- pattern 
- perspective 
Plan - -a carefully crafted set of steps that a firm intends to follow in order to ...
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COB 487 Test 3 (100% Errorless Answers) 2024.
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Strategic Alliance correct answers Any cooperative efforts between two or more independent organizations to develop, manufacture, or sell products or services 
 
Motivation for Alliances correct answers 1) Create economic value 
2) An alliance is an organizational form of exchange 
3) Implication 
4) Suppliers 
5) Open up new markets 
6) Training: Access to valuable training and tools 
 
Create economic value correct answers - Accessing complementary resources and capabilities 
- Leveraging exis...
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COB 487 Final Exam (100% Accurate Answers)
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strategy implementation correct answers the sum total of all activities and choices required for the execution of a strategic plan 
 
The who correct answers People going to carry out the strategic plan 
 
The what correct answers action that has to be done to align company operations in the intended direction 
 
The how correct answers The way everyone is going to work together to do what is needed 
 
Strategy Implementation Problems correct answers 1.Took more time than planned 
 
2.Unanticipa...
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2024 COB 487 Test 2 (100% Correct Answers)
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Environmental Scanning correct answers the monitoring, evaluation and dissemination of information relevant to the organizational development of strategy 
 
Natural Environment correct answers includes physical resources, wildlife, and climate that are an inherent part of existence on Earth 
 
Societal Environment correct answers mankind's social system that includes general forces that do not directly touch on the short-run activities of the organization but that can influence its long-term de...
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COB 487 Final (with 100% Errorless Answers)
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what was the attitude of Marcus Pinkus, the founder and CEO of Zynga to creativity correct answers he didn't appreciate any innovative ideas and instead asked his team just to copy what their competitors did 
 
what business level strategy did Zynga use correct answers got stuck in the middle 
 
to build strong human capital in a today's knowledge economy its important to correct answers attract, develop, and retain employees 
 
_________ relationships are where one member is central to the co...
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COB 487 - FINAL EXAM (A+ GUARANTEED) 2024.
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To build a strong human capital in a today's knowledge economy, its important to... correct answers attract, develop, and retain employees 
 
_____________ relationships are where one member is central to the communication flows in a group, and ___________ relationships are where one person brings together groups that would have otherwise been unconnected. correct answers closure; bridging 
 
Dynamic capabilities include all of the following except... correct answers becoming more efficient in ...
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