Wpc 480 midterm exam Study guides, Class notes & Summaries

WPC 480 midterm exam questions & answers 2023/2024 Strategic competitiveness - ANSWER-Achieved when a firm creates and applies a strategy that creates value, this is not lasting, you need to be in the shoes of the competitor. Competitive advantage - ANSWER-When a firm formulates and implements a set of strategies to keep customers coming back Competitors find it either costly, or hard to imitate. obove-average returns - ANSWER-Returns in excess of what the investor would typically e...

WPC 480 Midterm Exam Questions And All Correct Answers What is the main reason to do an industry analysis? -ANSWER- Identify all firms that can take profits generated by the firm Second step in doing an industry analysis -ANSWER- Identify relevant competitors that define your industry or industry group First step in doing an industry analysis -ANSWER- Set a goal or specific question to answer from doing the industry analysis What would improve rivalry between competitors -ANSWER- Con...

WPC 480 Midterm Exam Questions And Answers 100% Solved 2024/2025 The relative bargaining power of suppliers is high when incumbent firms face low switching costs when changing suppliers. A. True B. False - answerFalse According to the internal value chain analysis, which of the following is a primary activity? A. Research and Development B. Supply Chain Mgt C. Accounting D. Human Resources - answerSupply Chain Mgt _______________________ is best described as the difference between the...

WPC 480 MIDTERM ACTUAL 2024 EXAM WITH 100% CORRECT VERIFIED ANSWERS (ALREADY GRADED A+)

WPC 480 - MIDTERM EXAM WITH 100% CORRECT ANSWERS ALREADY GRADED A+

WPC 480 MIDTERM ACTUAL 2024 EXAM WITH 100% CORRECT VERIFIED ANSWERS (ALREADY GRADED A+)

WPC 480 midterm Exam Questions And Answers 100% Solved 2024/2025 All of the following were traditional sources of competitive advantage EXCEPT: a. labor costs. b. access to financial resources. c. protected markets. d. a highly educated labor market. - answerd Customer loyalty programs such as airline frequent flyer miles are an attempt to: a. decrease competitors' access to distribution channels. b. develop a cost advantage independent of scale. c. increase customers' switching cost...

WPC 480 Zhu Midterm Exam Questions With 100% Correct Answers. an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage strategy a firm has a __________ __________ when it creates superior call for customers in ways that competitors are unable to imitate or find too costly to imitate competitive advantage a competitive advantage often leads to __________-average returns- returns in excess of what an investor e...

WPC 480 Zhu Midterm Exam Questions With 100% Correct Answers. an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage - answerstrategy a firm has a __________ __________ when it creates superior call for customers in ways that competitors are unable to imitate or find too costly to imitate - answercompetitive advantage a competitive advantage often leads to __________-average returns- returns in excess of what an ...

WPC 480 Midterm Exam Questions And Answers 100% Solved 2024/2025 The relative bargaining power of suppliers is high when incumbent firms face low switching costs when changing suppliers. A. True B. False - answerFalse According to the internal value chain analysis, which of the following is a primary activity? A. Research and Development B. Supply Chain Mgt C. Accounting D. Human Resources - answerSupply Chain Mgt _______________________ is best described as the difference between the...