Mgt450 week 2 - Study guides, Class notes & Summaries

MGT450 Week 1 Quiz Question 1.Question : What does a business model describe? Student Answer: A revenue and expense model A rationale of how the company creates, delivers, and captures value A plan to generate money for the firm How the company positions itself in the industry None of the above Question 2.Question : Which of the following is not a strategic alliance? Student Answer: Outsourcing E...

MGT 450 Week 2 Quiz Question 1.Question : Which of the following is not a part of market analysis? Student Answer: Target market Degree of penetration Customers’ future needs How other companies in the industry are doing Customers’ price-sensitivity Question 2.Question : Critical-Success-Factor (CSF) analysis is one of the few analytical tools available to compare one’s company with its competitors on factors important in the industry. ...