Bpl 5100 test - Study guides, Class notes & Summaries

BPL 5100 Test-2 Chapter 3-5 Questions and Answers

BPL 5100 Test Questions with Correct Answers How to fulfill higher goals: - Answer-SMART - Specific, Measurable, Appropriate, Realistic, Timely Succesful Strategy - Answer-Long-Term, Simple and Agreed Objectives Understanding of competitive environment Understanding of internal resources Tools for Analyzing the External Environment - Answer-SWOT, Environmental Analysis, Industry Analysis SWOT - Answer-Strengths (INDIVIDUAL), Weakness (INDIVIDUAL), Opportunities (EXTERNAL), Threats (E...

BPL 5100 Midterm Test Questions and Answers All Correct Strategic managers for all levels - Answer-Corporate -CEO, board of directors, corporate stuff Business Level - Divisional managers Functional Level- functional managers, business functions Corporate governance - Answer-the relationship among various participants in determining the direction and performance of corporations. The primary participants are the shareholders, the management, the board of directors Secondary goals - Answe...

BPL 5100 Study Test Questions with Answers Perceptual acuity - Answer-the ability to sense what is coming before the fog clears environment awareness - Answer-scanning, monitoring, and gathering competitive intelligence, and using these inputs to develop forecasts. competitive intelligence - Answer-a firm's activities of collecting and interpreting data on competitors, defining and understanding the industry, and identifying competitors' strengths and weaknesses. Environmental foreca...

BPL 5100 Chapter 5 Test Questions and Answers Potential Pitfalls of Focus Strategies - Answer-Cost advantages may erode within the narrow segment; Even product and service offerings that are highly focused are subject to competition from new entrants and from imitation; Focusers can become too focused to satisfy buyer needs The goal of a combination strategy - Answer-to provide unique value in an efficient manner Four approaches to combining overall low cost and differentiation - Answer-a...

BPL 5100 Chapter 9 Test Questions and Answers Role of Information technology - Answer-Facilitate better control - Easy to share information - Easy to monitor - Better coordination of resources More difficult to HIDE problems EX: SAP, Enterprise Information system Localization strategy - Answer-Best structure is Global Area(NA/SA/EU/PAC). This structure is used by AVON. International strategy - Answer-International-Division Structure. Medium need for integration. Standardization st...

Value Chain Analysis - Correct Answer Views a firm as a series of business processes that each add value to the product or service Primary activities - Correct Answer sequential activities of the value chain that refer to the physical creation of the product or service, its sale and transfer to the buyer, and its service after sale, including inbound logistics, operations, outbound logistics, marketing and sales, and service support activities - Correct Answer activities of the value...

The text addresses two perspectives of leadership as well as their implications. These two perspectives are D. romantic and external control. 93. A CEO made a lot of mistakes in assessing the market and the competitive conditions and improperly redesigning the organization into numerous business units. Such errors led to significant performance declines. According to the text, this example illustrates the __________ perspective of leadership. B. romantic 94. According to the external contr...

Baruch College, CUNY - BPL 5100 Multiple Choice Answers Latest Test Bank for Chapter 1 to 5, Complete Solution Guide.