Ashford BUS433 Week 1,2,3,4 All Quizzes

BUS 433 (Ashford) – New Business StrategyWeek 1,2,3,4 All QuizzesBUS 433 Week 1 Quiz1. Question: According to Porter, the diamond framework affects the competitiveness of ________ and ___________ as well as firms.competitors, complementorsnations, regionscustomers, supplierssuppliers, competitors2. Question: In new ventures, financial projections and risk analysis are part of a ___________.strategic plancorporate planbusiness planloan plan3. Question: “Conventional wisdom argues that domestic competition is wasteful. It leads to __________ and prevents companies from achieving economies of scale . . .”duplication of efforthigher pricesfierce domestic competitiondowngrading of the sources of competitive advantage4. Question: In the _____ method of forecasting, successive requisitioning in light of initial answers sharpens the results obtained.Trend analysisAlternative scenariosDelphiTime series5. Question: Comparative growth rates of nations in the major industrial nations after World War II was ___________.normalexceptionalnegativeremained the same6. Question: 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 _______________.strategiesvisionmissionforeignness7. Question: The evolution of ___________ is a critical element in the formulation of a company’s strategy.resourcesbusiness strategycorporate strategyindustry structures8. Question: In the __________ stage of industry evolution, there is a shakeout among the competition.embryonicgrowthmaturitydecline9. Question: _____ ensures _______’s broad application.invention, innovationinnovation, inventioninnovation, exploitationinvention, exploitation10. Question: The technology-push model of innovation starts with ___________.discoveries in basic science and engineeringbusiness ventureexploiting new technologiesdevelopmentBUS Week 2 Quiz1.Question : The strategist should examine the ______ and ______ of an industry.development, evolutiondevelopment, attractivenessstructure, developmentstructure, attractiveness2. Question : ____________ sees the organization as a combination of resources, capabilities, and competencies.IO economicsThe RBVThe stakeholder viewThe industrial economics view3. Question : In a matrix structure, employees have _______ reporting arrangements.multiplesingledualtriple4. Question : _________ theory explains how to scrutinize, investigate, and break down an organization’s strengths and weaknesses.StakeholderIOManagementMacroenvironmental5. Question : The most sensible choice if one’s company cannot be the dominant player in its industry is to _____________.scale economiesdifferentiate productexitincrease capital6. Question : __________ constrain the prices of industry’s products.New entrantsExisting rivalsComplementorsSubstitutes7. Question : Scale economies relate toper-unit costsselling pricesbargaining power of suppliersbargaining power of customers8. Question : Which of the following is NOT one of Porter’s five industry forces?existing rivalsnew entrantscomplementorssubstitutes9. Question : By value, Porter essentially meant _______.powerlogisticsstrengthprofit10. Question : ___________ provide access to new markets, give customers benefits, and are difficult for competitors to imitate.ResourcesCapabilitiesCompetenciesCore competenciesBUS 433 – Week 3 Quiz1. Question : Corporate strategy deals with __________.how the firm competesthe scope of the firmrole of each functiondeciding what functions to perform2. Question : ____________ are critical elements in successful M&As.Management strategiesSynergiesPortfolio managementDiversification3. Question : According to the BCG matrix, the strategy for _______ is to invest in them and increase their share of the firm’s overall business.cash cowsstarsquestion marksdogs4. Question : A sensitivity analysis is based onlevels of awarenessdifferent assumptions about motivationsorganizational politicsall of the above5. Question : ___________ movers take risks in anticipation of high returns.FirstSecondThirdLate6. Question : ________ firms diversify to a minor degree, but typically no more than 30 percent.Related-productConglomerateDominant-productSingle-product7. Question : The ability to achieve new resource configurations is a _______________________.core competencedynamic capabilitydistinctive competencecapability8. Question : Superior advantage in a ______ position comes from managing critical ________ well.differentiated, cost driversdifferentiated, value driverslow-cost, value driverzlow-cost, cost drivers9. Question : Quick strategic moves that remake ________ and do not elicit adequate responses from rivals are crucial for success.corporate strategiesbusiness strategiesbusiness modelsvalue chains10. Question : ______ emphasizes the importance of considering the timing of the moves of one’s competitors with the timing of one’s own moves.VisionGame theoryMissionValue chainBUS 433 – Week 4 – Quiz1. Question : According to Porter, the diamond framework affects the competitiveness of ________ and ___________ as well as firms.competitors, complementorsnations, regionscustomers, supplierssuppliers, competitors2. Question : In new ventures, financial projections and risk analysis are part of a ___________.strategic plancorporate planbusiness planloan plan3. Question : “Conventional wisdom argues that domestic competition is wasteful. It leads to __________ and prevents companies from achieving economies of scale . . .”duplication of efforthigher pricesfierce domestic competitiondowngrading of the sources of competitive advantage4. Question : In the _____ method of forecasting, successive requisitioning in light of initial answers sharpens the results obtained.Trend analysisAlternative scenariosDelphiTime series5. Question : Comparative growth rates of nations in the major industrial nations after World War II was ___________.normalexceptionalnegativeremained the same6. Question : 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 _______________.strategiesvisionmissionforeignness7. Question : The evolution of ___________ is a critical element in the formulation of a company’s strategy.resourcesbusiness strategycorporate strategyindustry structures8. Question : In the __________ stage of industry evolution, there is a shakeout among the competition.embryonicgrowthmaturitydecline9. Question : _____ ensures _______’s broad application.invention, innovationinnovation, inventioninnovation, exploitationinvention, exploitation10. Question : The technology-push model of innovation starts with ___________.discoveries in basic science and engineeringbusiness ventureexploiting new technologiesdevelopment