Reference no: EM131429963
1. Which of the following is the best characterization of sociocultural forces?
a) a focus group's culture, norms, and values
b) a society's culture, norms, and values
c) a firm's culture, norms, and values
d) a competitor's culture, norms, and values
2. The final step in industry analysis is to
a) draw a strategic-group map.
b) define the relevant industry.
c) identify the key players in each of the five forces.
d) identify the underlying drivers of the five forces.
3. Curry Rush is a premium Asian restaurant chain that differentiates itself from a large number of competitors by providing exclusively organic Vietnamese cuisine. It has some pricing power because it provides differentiated products and therefore, has some entry barriers in place. In this scenario, Curry Rush is most likely operating in a(n)
a) perfectly competitive industry.
b) monopoly.
c) monopolistically competitive industry.
d) oligopoly.
4. Which of the following statements with regard to industry structures is true?
a) A consolidated industry tends to be more profitable than a fragmented one.
b) Having a large number of competitors generally equates to higher industry profitability.
c) They are stable over time, not dynamic.
d) Having few but large competitors increases the threat of strong competitive forces such as supplier or buyer power.
5) A firm will fail to create a sustained competitive advantage when the
a) source of its competitive advantage is socially complex.
b) source of its competitive advantage is causally ambiguous.
c) resource bundles exhibit heterogeneity and immobility.
d) fit between its internal strengths and the external environment is static.
Business start up process is one of most critical activities
: The business start up process is one of the most critical activities and attention must be paid to issue associated with the process. A business entity is a voluntary association formed and organised to carry on a business in the legal name of the as..
|
Goal-setting theory and expectation theory
: What is the difference between goal-setting theory and expectation theory? Why should job incumbents be included in the job analysis process since their ratings of the jobs are likely to be slightly enhanced?
|
Example of monopolistic competition
: Which of the following statements is true about strategic groups? In which of the following situations is the power of suppliers high in an industry? Which of the following is an example of monopolistic competition?
|
Influence consumer health dissemination
: How can Web 2.0 (social networking) influence consumer health dissemination? Describe the anticipated advantages and disadvantages.
|
Best characterization of sociocultural forces
: Which of the following is the best characterization of sociocultural forces? The final step in industry analysis is to. A firm will fail to create a sustained competitive advantage when the. Which of the following statements with regard to industry s..
|
Differences between tangible and intangible resources
: Define outsourcing and discuss the reason for its use. What are the differences between tangible and intangible resources? Why is it important for decision makers to understand these differences?
|
What is the relative wage rate
: Suppose that a firm is considering opening a plant in China, and the current exchange rate is 5.25 Chinese Yuan (CNY) per dollar. Also, the Chinese wage rate is 6.3 CNY per hour. After factoring in productivity differences, what is the “relative” wag..
|
Public administration for guiding effective integration
: What are useful leadership practices in public administration for guiding effective integration of HRM functions in strategic planning? What challenges can leaders in public sector face in doing this?
|
Problem employee might break rules such as always late
: A problem employee might break rules such as always late, leave early, take too much vacation etc. How to manage those people? What should have management done to address the problem? What kind of write-up should have been documented?
|