Maximization strategy - Study guides, Class notes & Summaries

BUS 404 Midterm 1 | Actual Exam Questions | 100% Correct Answers | Verified 2024 Version Which of the following statement's is true of lobbying in the United States? - D: It is an essential ingredient in big business strategy Which of the following is an argument put forth by the liberal wing of the Supreme Court in the Citizens United case? - B: Limiting corporate campaign contributions would violate corporate free speech rights The 501(c) 4 groups are particularly attractive becaus...

CLTD Exam Review Questions with complete solution 2024/2025 CLTD Exam Review activities of generic value chain of logistics - correct answer PRIMARY inbound operations, operations, outbound logistics, marketing and sales, service SECONDARY procurement and purchasing, human resource management, technological development and company infrastructure. DIVERSIFICATION IS AN EXAMPLE OF WHICH GROWTH STRATEGY? - correct answer Internal Packaging performs two functions. - correct answe...

Revenue - ANSWERSThe total amount of sales achieved in a specified time period Revenue is calculate as: - ANSWERSNumber of Units Sold x Unit Price Effective managers of an organization's revenues MUST do three things - ANSWERS1. Understand the importance of revenue management 2. Understand the many complex factors that influence revenue management strategy and tactics 3. Become better at making revenue management decisions than their competitors Proft Formula - ANSWERSRevenue - Exp...

SGMA 591 Midterm Exam Questions With Correct Answers What are the common elements in successful strategies? - answereffective implementation - simple consistent, long-term goals - profound understanding of the competitive environment - objective appraisal of resources What was the evolution of strategic management? - answer- 1950s: Financial budgeting - 1960s: corporate planning (medium term and economic forecasts) - 1970s: Emergence of strategic management (industry analysis and competi...

FIN 582 Exam 1 Questions and Answers All Correct Theory of Competitive Advantage: - Answer-specialization increases production efficiency Imperfect Markets Theory: - Answer-factors of production are somewhat immobile providing incentive to seek out foreign opportunities Product Cycle Theory: - Answer-as a firm matures, it recognizes opportunities outside its domestic market How firms engage in international business: - Answer-1. international trade (easiest) 2. licensing 3. franchisi...

BUS101 Saylor Exam with 100% Correct Answers Business contract theory - answera business is a community of participants organized around a common purpose. Contract theorists see the enterprise being run by employees and managers as a kind of representative democracy. Business as Property - answerThe owner can do whatever he wants Functional Authority - answerFor ex: The authority exerted by an HR manager as coordinator of personnel activities. where managers have formal power over a spec...

If the price of steel increases drastically, the quantity of steel demanded by the building industry will fall significantly over the long run because Select one: a. buyers of steel are less sensitive to a price change if they have more time to adjust to the price change. b. buyers of steel are more sensitive to a price change if they have more time to adjust to the price change. c. sales revenue in the building industry will fall sharply. d. profits will fall by a greater amount in the lon...

1. How are drugs sorted into therapeutic groups and classes? A. first by the conditions that they are used to treat. and then by their mechanisms of action B. first by their mechanisms of action. and then by their therapeutic effects C. first by their side effects. and then by their therapeutic effects D. first by their toxicity. and then by their effectiveness 2. Bone marrow transplants... A. require that the patient first undergo chemotherapy or radiation to kill the diseased...

BUS101 Saylor Exam with 100% Correct Answers Business contract theory - answera business is a community of participants organized around a common purpose. Contract theorists see the enterprise being run by employees and managers as a kind of representative democracy. Business as Property - answerThe owner can do whatever he wants Functional Authority - answerFor ex: The authority exerted by an HR manager as coordinator of personnel activities. where managers have formal power over a spec...

Suppose that the United States imposes a tariff on avocados imported from Mexico. What impact will this have on the price paid for avocados by United States citizens? The price will increase. Which of the following is a consequence of a country imposing a tariff on imported goods? The demand for foreign produced goods decreases. Suppose that the United States imposes a tariff on salt. What impact might this tariff have on the price for domestic consumers? Consumers will p...