Ashford University BUS 308 statistics for managers Quiz

A firm that is considering doing business abroad must have a rationale and logic for how it can compensate for and overcome the liabilities and disadvantages that arise from its _____. A)strategies B)vision C)mission D)foreignness The evolution of _______ is a critical element in the formulation of a company’s strategy. A)resources B)business strategy C)corporate strategy D)industry structures In the ______ stage of industry evolution, specialized channels are needed for distribution. A)embryonic B)growth C)maturity D)decline In the _____ stage of industry evolution, there is a widening gap of buyers and a shift to mass production and distribution. A)embryonic B)growth C)maturity D)decline In the _____ stage of industry evolution, uniform quality is assumed. A)embryonic B)growth C)maturity D)decline In the _____ stage of industry evolution, there is a shakeout among the competition. A)embryonic B)growth C)maturity D)decline According to Porter, the diamond framework affects the competitiveness of ____ and ____ as well as firms. A)competitors, complementors B)nations, regions C)customers, suppliers D)suppliers, competitors In the diamond model, _____ conditions typically lead to innovations in the use materials, energy, and logistics. A)factor B)demand C)firm structure, strategy, and rivalry D)related and supporting industries n commercializing a new technology, finding new opportunities and ____ them are the key activities. A)inventing B)exploiting C)standardizing D)providing resources for _____ is the creation of an idea in a laboratory. A)Invention B)Innovation C)Discovery D)Exploitation _____ ensures ____’s broad application. A)invention, innovation B)innovation, invention C)innovation, exploitation D)invention, exploitation As industries mature, products become ______. A)specialized B)commodities C)scarce D)differentiated In many companies, innovative people are likely to be found in foreign operations, where _____ is less prevalent. A)strategy B)mission C)vision D)groupthink In new ventures, financial projections and risk analysis are part of a _______. A)strategic plan B)corporate plan C)business plan D)loan plan In the _____ method of forecasting, successive requisitioning in light of initial answers sharpens the results obtained. A)Trend analysis B)Alternative scenarios C)Delphi D)Time series In _____ societies, economic activity revolves around the manipulation and movement of “massive objects against friction and gravity.” A)modern B)industrial C)postindustrial D)contemporary