Complementary assets - Study guides, Class notes & Summaries

MGMT 464 FINAL EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ Joint Venture ANSWER: cooperative business activity, formed by two or more separate organizations for strategic purposes, that creates an independent business entity and allocates ownership, operational responsibilities, and financial risks and rewards to each member, while preserving their separate identity/ autonomy Innovation ANSWER: the act of creating new products/process Introduction and Growt...

MGMT425 Chapter 9 Exam Questions With 100% Correct Answers The success of the Pixar-Disney strategic alliance demonstrated that: A. Disney was in desperate need of Pixar's graphic display systems. B. the two entities' complementary assets matched. C. it was easier for the alliance partners to reduce the value gap created. D. the companies were effectively managing an unrelated diversification strategy. - answerB. the two entities' complementary assets matched. Disney became the world...

What is strategic vision and its success components? correct answers Vision: is an enduring picture of what the firm wants to be an expects to achieve in the future. Successful visions: stretches and challenges its people, reflects the firm's values, and is most effective when its development includes all stakeholders What is strategic mission and its success components? correct answers Mission: is a concrete, near-term focus on current product markets and customers Successful missions: sp...

ETS Major Field Test (Practice Test): Bachelor's Degree in Business. The common characteristic possessed by all assets is a) Long life b) Great monetary value c) Tangible nature d) Future economic benefit Which Foreign Direct Investment (FDI) attempts to acquire particular resources at a lower real cost than could be obtained in the home country? a) Market-seeking FDI b) Efficiency-seeking FDI c) Resource-seeking FDI d) Strategic asset-seeking FDI Under the Uniform Comm...

AIDA - ️️Attention, Interest, Desire, Action Baby boom generation - ️️large group of people born between 1947 and 1965 Balance Sheet - ️️a financial statement that shows a company's assets, liabilities, and net worth on a given date. Assets - Liabilities = Net Worth Brand name - ️️the name that identifies the goods and services of one business Business cycle - ️️the ups and downs in the economy (prosperity, contraction, recession, expansion) Business-to-busine...

C16 Business of Insurance -Practice Exam Questions with Complete Solutions Explain the economic laws of Supply and Demand, and explain why these laws do not strictly apply to automobile insurance. pages 3-3 and 3-13. the economic theory of supply and demand proposes that more resources will be allocated to a product that increases revenue. The law of supply provides that the higher the price, then more will be supplied. the law of demand provides that, with all other factors equal, le...

Understand the Build-Borrow-Buy framework and be able to discuss its implications for decisions on acquiring resources and capabilities - ANSWER- Corporate strategy = growth strategy - Three options for growth: Internal development: BUILD Strategic alliance: BORROW (Contract, Licensing, Equity Alliance, Joint Venture) Acquire new resources, capabilities, competencies: BUY Why did Lyft enter into strategic alliances with GM and Waymo? What were the benefits of these alliances for Lyft? ...

AIDA - Attention, Interest, Desire, Action Baby boom generation - large group of people born between 1947 and 1965 Balance Sheet - a financial statement that shows a company's assets, liabilities, and net worth on a given date. Assets - Liabilities = Net Worth Brand name - the name that identifies the goods and services of one business Business cycle - the ups and downs in the economy (prosperity, contraction, recession, expansion) Business-to-business - the exchange of goods and...

At the time when Ellen decided to purchase a tablet computer, the product had just become accessible to the mass market. She did not purchase the tablet until after she was convinced that the benefits it would offer her would far exceed its price. Also, she waited for her friends to try the product and popular gadget television shows to endorse it. Which of the following customer segments does Ellen best represent? -:- early majority Why do companies enter strategic alliances? -:- -...

IS 301 Chapter 1 & 2 Complete Answers The core drivers of the information age ️️Data • Information • Business • Intelligence • Knowledge Information collected from multiple sources: ️️Customers • Suppliers • Competitors • Partners • Industries Management Information Systems (MIS) ️️A business function, just like accounting and human resources, which moves information about people, products, and processes across the company to facilitate decision-making a...