1 Define Business Strategy. How is Strategy different from Tactics? 2 From a strategy perspective, what are above-average
1 Define Business Strategy. How is “Strategy” different from “Tactics”?
2 From a strategy perspective, what are above-average returns?
- Returns that are higher than the industry average.
- Returns that are higher than the average performance of the firm.
- Returns that are greater than investments of similar risk.
- Returns that are greater than the national average.
3 Which of these frameworks will be used to study firm success this semester?
- Open Source Collective Model
- Industrial Organizational Model
- Power and Influence Model
- Social Network Relational Model
4 The translation of strategy to action takes place in
- The Industrial Organization Model
- The firm’s Business Model
- The Bottom of the Pyramid model
- The Digital Natives model
5 Which of these is not a dimension of the external environment under study this semester.
- Political
- Sociocultural
- Psychological
- Technological
- Global
6 Select all five forces of competition that are essential to an analysis of the external industry environment.（This question is multiple-choice questions）
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Bargaining Power of Politicians
- Threat of Substitutes
- Threat of New Entrants
- Threat of Economic Inflation
- Threat of Rivals
- Threat of Regulators
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1 Define Business Strategy. How is Strategy different from Tactics? 2 From a strategy perspective, what are above-average was first posted on August 14, 2020 at 7:56 pm.
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1 Define Business Strategy. How is Strategy different from Tactics? 2 From a strategy perspective, what are above-average was first posted on August 14, 2020 at 8:01 pm.
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