Lsus mba - Study guides, Class notes & Summaries

LSUS MBA 705 Chapter 5 Complete Solution Adverse Selection ️The inability of shareholders to identify the precise competencies and personal attributes of top managers when they are hired. Agency Problem: ️A situation in which a firms' top managers (i.e., the "agents" of the firms' owners) do not act in the best interests of the shareholders. Diversification: ️The process of acquiring companies to increase a firm's size. Employee Stock Ownership Plans (ESOPs): ️Formal pro...

LSUS MBA 705 Chapter 9 Complete Answers Blue Ocean Strategy: ️A growth strategy contingent on inventing or discovering a new industry or industry segment that creates new demand. Capabilities: ️A firm's skills at coordinating and leveraging resources to create value (often called strategic capabilities or dynamic capabilities). Gap Analysis: ️Identifying the distance between a firm's current position and its desired position with regard to an internal weakness. All things equ...

LSUS MBA 705 Chapter 12 Complete Solutions Balanced Scorecard: An approach to measuring performance based on an array of quantitative and qualitative factors, such as ROA, market share, customer loyalty and satisfaction, speed, and innovation. Best Practices: Processes or activities that have been successful in other firms. Business Process Reengineering: The application of technology and creativity in an effort to eliminate unnecessary operations or drastically improve those that ar...

LSUS MBA 703 Final Exam QUESTIONS AND ANSWERS 2024

LSUS MBA 703 Final Exam Latest Update Exam Questions and 100% Verified Correct Answers Guaranteed A+

1. The term "PEST" in a strategic perspective refers to Answer: Answer: Political, Economic, Social, and Technological factors 2. The focus of strategic business decisions includes all of the following Answer:- Answer: Establishing long-term goals, Analyzing the organization's external and internal environments, Making decisions about the organization's direction and scope 3. The concept of Marketing Myopia is closely related to Answer: Answer: A narrow definition of one's business 4. ...

manager - Answer-someone that directs resources to achieve a goal directs the efforts of others, purchases inputs used in the production of the firms output, directs other decisions like the product price and quality and construct incentives to induce maximal effort from employees - Answer-what does a manager do? economics - Answer-the science of making decisions in the presence of scarce resources resources - Answer-anything used to produce a good or service or achieve a goal scarci...