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Which of the following is the purpose of a company’s value proposition?

01 / 10 / 2021 Research Papers

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International Business Chapter 11 1 answer below » 1) ________ is the framework that managers apply to determine the competitive moves and business approaches that run the company. Answer A) Competition B) Growth C) Strategy D) Independence 5 points Question 2 “2) The industry organization (IO) paradigm reports that, on average, the best predictor of firm strategy is the ________.”
Answer “A) company’s stockpile of assets, skills, and capabilities” View complete question » 1) ________ is the framework that managers apply to determine the competitive moves and business approaches that run the company. Answer A) Competition B) Growth C) Strategy D) Independence 5 points Question 2 “2) The industry organization (IO) paradigm reports that, on average, the best predictor of firm strategy is the ________.”
Answer “A) company’s stockpile of assets, skills, and capabilities” B) aggressiveness of a company’s objectives “C) consistency among a company’s structure, systems, and processes” D) structure of the industry in which it competes 5 points Question 3 3) Which of the following is NOT among the five forces in the Five-Forces Model of Industry Structure?
Answer A) governments B) buyers C) potential new entrants D) suppliers of raw materials 5 points Question 4 4) Which of the following is the purpose of a company’s value proposition?
Answer A) to exceed customers’ expectations B) to force competitors into a price war C) to identify consumers for whom the company creates products D) to explain why a consumer should buy the company’s products 5 points Question 5 5) A strategy that focuses on lowering operating costs is referred to as a ________ strategy.
Answer A) differentiation B) cost leadership C) cost minimization D) every day low price 5 points Question 6 6) The essence of a differentiation strategy is to ________.
Answer A) target the most sophisticated segment of the market B) incorporate the greatest number of features into a product C) offer a unique product that supports a premium price D) outspend rivals on product advertising 5 points Question 7 7) A company’s value chain is the ________.
Answer A) variable sequence it goes through to convert its vision into shareholder value B) mixture of activities it takes to define product value standards C) discrete series of steps it takes to move a product from conception to the end-users D) blueprint it follows to leverage its core capabilities 5 points Question 8 8) Dispersing value activities where and in how many places in the world is the issue of ________.
Answer A) logistics B) clustering C) coordination D) configuration 5 points Question 9 9) Long production runs lower per unit costs as a plant’s marginal cost of production decreases as the plant’s operation increases. The
plant is benefiting from ________.
Answer A) economies of scale B) the cluster effect C) digitization D) location economies 5 points Question 10 “10) A ________ is a special outlook, skill, capability, or technology that runs through the firm’s operations, weaving together all
value activities into an integrated value chain.”
Answer A) core competency B) value proposition C) mission statement D) learning curve 5 points Question 11 “11) Which of the following refers to the means by which management applies the systems that link a company’s value activities, whether
those activities are performed in one or in many countries?”
Answer A) configuration B) logistics C) coordination D) core competency 5 points Question 12 12) Social network analysis indicates that information flows more efficiently in a(n) ________ manner.
Answer A) collaborative B) competitive C) hierarchical D) impersonal 5 points Question 13 13) Firms that compete in the global marketplace typically face the asymmetric forces of pressures for ________ and ________.
Answer A) global integration; local responsiveness B) price reductions; cost reductions C) politically sensitivity; market leadership D) cost reductions…



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