University of North Dakota
MGMT 475
Quiz 1
1)A firm has achieved_____when it successfully formulates and implements a value- creating strategy
Management
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University of North Dakota
MGMT 475
Quiz 1
1)A firm has achieved_____when it successfully formulates and implements a value- creating strategy.
A company competing in a single product market has:
Organizational stakeholders include:
For a diversified firm, corporate-level strategy is concerned with:
The Princeton Alliance Church states on its website that "PAC exists to help you live life to the fullest by knowing God, developing community and bringing hope." This pronouncement is MOST precisely a statement of organizational:
The "liability of foreignness" is the:
A business-level strategy describes:
has become the second-largest economy in the world.
The primary drivers of hypercompetition areand.
Refuge Nursing Homes, Inc., (RNH) has been highly profitable in the past 10 years, providing its investors higher returns than those earned by its direct competitors' investors. RNH has a reputation for providing high-paying managerial and hourly-employee jobs. However, recent investigations have revealed that the nursing home residents have been provided substandard care, including non-nutritious and unappetizing meals, non-functional medical equipment, and inadequate patient-care staffing. Which of the following statements best describes the situation?
The culmination of the strategic management process is:
In the strategic management process ASP stands for:
The rate of technological diffusion has increased substantially over the past 15 to 20 years. Which of the following was fastest in penetrating 25 percent of homes in the United States?
Managers must adopt a new mind-set that valuesand the challenges that evolve from constantly changing conditions.
Ais an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage
The interests of an organization's stakeholders often conflict, and the organization must prioritize its stakeholders if it cannot satisfy all of them. Theis the MOST critical criterion in prioritizing stakeholders.
Product market stakeholders include:
Capital market stakeholders include:
has become one of the world's largest markets, with 700 million potential consumers
A major assumption about the strategic management process is that it is:
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