BUSN 313 BUSINESS STRATEGIES- QUIZ WEEK 3

| December 12, 2017

Part 1 of 1 -100.0 PointsQuestion 1 of 205.0 PointsFedEx’s application of information technology to all its operations is an example ofQuestion 2 of 205.0 PointsWhich of the following statements is true concerning clusters?Question 3 of 205.0 Points________ is more valuable because it can provide companies with a sustainable competitive advantage that is harder for competitors to imitate.Question 4 of 205.0 PointsOn the continuum of resource sustainability, where would streaming movies be placed?Question 5 of 205.0 PointsThe business model used by IBM to make money not selling IBM products, but by selling its expertise to improve their customers operations is theQuestion 6 of 205.0 PointsThe business model used by HP in selling printers and printer cartridges is theQuestion 7 of 205.0 PointsThe second step in value chain analysis is toQuestion 8 of 205.0 PointsWhich of the following is a function of corporate culture?Question 9 of 205.0 PointsThe mix in the workplace of people from different races, cultures, and backgrounds is referred to asQuestion 10 of 205.0 PointsAccording to the text, the primary task of the operations manager is toQuestion 11 of 205.0 PointsThe last stage of a hypercompetitive industry is reached when the remaining large global competitorsQuestion 12 of 205.0 PointsIn licensing arrangementsQuestion 13 of 205.0 PointsTacit collusionQuestion 14 of 205.0 PointsWhich strategy has been used successfully by Yum! Brands to establish KFC and Pizza Hut restaurants across the globe?Question 15 of 205.0 PointsWhen P&G (the maker of Folgers and Millstone coffeE. worked with Mr. Coffee, Krups, and Hamilton Beach to market Home CafĂ©, they engaged in aQuestion 16 of 205.0 PointsThe “cell” chip created by IBM, Sony Electronics, and Toshiba was a result of pooling their resources in aQuestion 17 of 205.0 PointsWhen firms follow each other’s lead to reduce the level of competition such as GE and Westinghouse did in steam turbines, it is referred to asQuestion 18 of 205.0 PointsAccording to Barney, under which condition would tacit collusion most likely be successful?Question 19 of 205.0 PointsAmenities to attract highly skilled labor, scientists, or creative people is a common organizational requirement for which of Porter’s generic competitive strategies?Question 20 of 205.0 PointsPorter recommends that a division with tight cost control, frequent detailed control reports, a well structured organization, and quantitatively based incentives is required for which of the following generic competitive strategies?

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