BUS 433 Week 4 Quiz
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Question :
According to Porter, the diamond framework affects the competitiveness of ________ and ___________ as well as firms
competitors, complementors
nations, regions
customers, suppliers
suppliers, competitors
2.
Question :
In new ventures, financial projections and risk analysis are part of a ___________.
strategic plan
corporate plan
business plan
loan plan
3.
Question :
“Conventional wisdom argues that domestic competition is wasteful. It leads to __________ and prevents companies from achieving economies of scale . . .”
duplication of effort
higher prices
fierce domestic competition
downgrading of the sources of competitive advantage
4.
Question :
In the _____ method of forecasting, successive requisitioning in light of initial answers sharpens the results obtained.
Trend analysis
Alternative scenarios
Delphi
Time series
5.
Question :
Comparative growth rates of nations in the major industrial nations after World War II was ___________.
normal
exceptional
negative
remained the same
6.
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 _______________.
strategies
vision
mission
foreignness
7.
Question :
The evolution of ___________ is a critical element in the formulation of a company’s strategy.
resources
business strategy
corporate strategy
industry structures
8.
Question :
In the __________ stage of industry evolution, there is a shakeout among the competition.
embryonic
growth
maturity
decline
9.
Question :
_____ ensures _______’s broad application.
invention, innovation
innovation, invention
innovation, exploitation
invention, exploitation
10.
Question :
The technology-push model of innovation starts with ___________.
discoveries in basic science and engineering
business venture
exploiting new technologies
developmentX
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