MGMT 550 Final
It is relatively easy to instill core values into new employees. True False
False
Money is the best way to motivate all employees. True False
False
Which of the following is NOT an ethical decision-making myth? -Managing Ethics is not my problem. -It is hard to be ethical. -People are less ethical than they used to be. -Ethics can be managed with codes of conduct. -Unethical behavior is simply a problem of "bad apples."
It is hard to be ethical.
All of the following were key to Cirque Du Soleil's Blue Ocean Strategy EXCEPT: -Eliminating the use of animals -Reduce the appeal to children -Raising the price of tickets to be more comparable to that of a play or musical performance -Increasing the use of acrobatics -Creating themed events
Reduce the appeal to children
An analysis of the economic segment of the external environment would include all of the following EXCEPT: -trade deficits or surpluses -interest rates -personal savings rates -inflation rates -income distribution
income distribution
Which of the following is NOT one of the three main restructuring strategies? -leveraged buyouts -downsizing -downscoping -realigning.
realigning.
Walt Disney Company has successfully used related diversification to create value by -transferring core competencies. -sharing activities and transferring core competencies. -efficient internal capital allocation and restructuring. -sharing activities.
sharing activities and transferring core competencies.
Good goals are SMART. Which of the following is incorrect? -R stands for Relevant -T stands for Time-Bound -S stands for Specific -A stands for Actionable -M stands for Measureable
A stands for Actionable
Recruiters spend an average of how long looking through resumes? -6 seconds -2 minutes -5 minutes -30 seconds
6 seconds
MoviePass is the firm that created a monthly movie pass for $19.95 that consumers could use to see as many movies at the theater as they wanted each month. What was the problem with its business model? -The cost of the offering was more than what MoviePass could generate in revenue. -There was no competitive advantage to the offering and movie theaters like AMC and Showcase could create that offer themselves. -MoviePass lost money as the more movies that each customer watched each month, created even greater losses for MoviePass. -All 3 of these were problems for MoviePass.
All 3 of these were problems for MoviePass.
All of the following are good suggestions for improving your LinkedIn Profile except: -Avoid using buzz words that are common to your industry and the job that you do -Building connections with people that you know -Asking people to give you a recommendation on LinkedIn -Having a professional photo
Avoid using buzz words that are common to your industry and the job that you do
Disruptive Innovation Leaders are good at all of the following EXCEPT: -Looking beyond the rules of the marketplace -Being decisive -Surrounding themselves with diverse people -Managing uncertainty -Being humble when necessary
Being humble when necessary
Which of the following is NOT important when considering whistle blowing? -Being personally motivated by the action -Exploring whether there are other explanations for what you perceived to be wrong -Gathering evidence to support your accusation -Sharing the situation with someone you trust to get their opinion
Being personally motivated by the action
Which of the following is NOT a strategic decision by Ford? -Building a plant in China to develop electric vehicles -Changing steel suppliers to get a less expensive price for steel -Developing a joint venture with Google to produce autonomous vehicles. -Deciding to discontinue all passenger cars except the Mustang and Ford Crossover
Changing steel suppliers to get a less expensive price for steel
An external analysis of the macro environment does NOT include: -Competitive factors -Technological factors -Demographic factors -Political factors -Legal factors
Competitive factors
Which of the following is not a good example of a disruptive technology? -Uber -Garmin GPS Device -Apple I-pod -Kindle E-Book -Nikon Digital Camera
Uber
If Southwest Airlines employees lost their high enthusiasm and commitment to the company, -replacement employees could be hired from rival airlines that are laying off employees easily merged into the Southwest culture -there would be no impact on Southwest's profitability because Southwest's customers value the low fares rather than being "entertained" by the employees. -Southwest would have lost one of its competitive advantages and its performance would be threatened. -the airline could continue without problems because its cost leadership strategy is dependent on its efficient internal procedures.
Southwest would have lost one of its competitive advantages and its performance would be threatened.
An important factor in finding a great hire is identifying people who are self-motivated. True False
True
Which of the following is NOT part of evaluating a firm's business model? -Understanding how a firm creates value -Understanding for whom a firm creates value -Understanding how a firm expects to make money or a profit -Understanding if a firm has a competitive advantage -Understanding how a firm expects raise money for acquisitions.
Understanding how a firm expects raise money for acquisitions.
Yellow Tail wine was successful because it did all of the following EXCEPT: -Priced their wine about budget wines and equal to a six-pack of beer -Offer a simple selection of product choices -Made a wine that appealed to the masses -Win prestigious medal awards for their wines
Win prestigious medal awards for their wines
When a firm is able to produce nonstandardized (that is, distinctive) products for customers who value differentiated features more than they value low cost, the firm is successfully implementin -an integrated cost leadership/differentiation strategy. -a cost leadership strategy. -a single-product strategy. -a differentiation strategy.
a differentiation strategy.
A cost leadership strategy provides goods or services with features that are -mediocre. -acceptable. -substandard. -unique.
acceptable.
Moving into international markets is a particularly attractive strategy to firms whose domestic markets -have too much regulation. -have developed unfriendly business attitudes toward the industry. -demand a differentiation strategy for success. -are limited in opportunities for growth.
are limited in opportunities for growth.
Which of the following is NOT an entry barrier to an industry? -expected competitor retaliation -bargaining power of suppliers -customer product loyalty -economies of scale
bargaining power of suppliers
If you believe in Conscious Capitalism, you would agree with all of the following EXCEPT: -conscious leaders are driven by service to the company's purpose -Conscious businesses have trusting, authentic, innovative and caring cultures -the innate potential of business to make a positive impact on the world. -it is important to look at all of the stakeholders affected by a business. -capitalism is the root of evil and little good comes from it
capitalism is the root of evil and little good comes from it
Southwest Airlines has a complex interrelationship between its culture and staff that adds value in ways that other airlines cannot, such as jokes on flights or the cooperation between gate personnel and pilots. These examples illustrate which of the following criteria for sustainable competitive advantage? -rare -valuable -nonsubstitutable -costly to imitate
costly to imitate
The differentiation strategy can be effective in controlling the power of rivalry with existing competitors in an industry because -customers are loyal to brands that are differentiated in meaningful ways. -the differentiation strategy benefits from rivalry because it forces the firm to innovate. -customers will seek out the lowest-cost product. -customers of nondifferentiated products are sensitive to price increases.
customers are loyal to brands that are differentiated in meaningful ways.
A global corporate-level strategy emphasizes -decentralizing control and limited monitoring. -differentiated products. -sensitivity to local product preferences. -economies of scale.
economies of scale.
Zara has pioneered "cheap chic" in clothing apparel. Zara offers current and desirable fashion goods at relatively low prices. To implement the strategy, Zara uses sophisticated designers and effective means of managing costs. These are all characteristics of which business level strategy? -cost leadership -stuck in the middle -differentiation -integrated cost leadership/differentiation
integrated cost leadership/differentiation
When peforming a SWOT analysis it -is important to list every possible threat to a company -is best to focus on political and legal issues which always identify great opportunties -is not helpful to look at core competencies of competitors -is best to limit the number of items in the SWOT analysis to the top 3-5 points for each quadrant
is best to limit the number of items in the SWOT analysis to the top 3-5 points for each quadrant
Media content has moved from paper, tape, and film to a digital world based on Internet technology. From the perspective of the five forces model, which force is most relevant here? -entry barriers -substitutes -suppliers -buyers
substitutes
A multidomestic corporate-level strategy is one in which -the firm decides to compete only in its own domestic market with multiple products. -the firm produces a standardized product, but markets it differently in each country in which it competes. -a corporation chooses not to compete internationally but where there are a number of international competitors in the firm's local marketplace. -the firm customizes the product for each country in which it competes.
the firm customizes the product for each country in which it competes.
ACME Corp. is a leading provider of radios to the commercial market. Its products all rely on printed circuit-board technology. ACME has protected its market leadership with continued advancements in this technology, which it patents. A competitor has developed a radio for this market with equal performance but uses a software-based technology instead of circuit boards. ACME's technology leadership fails which capability test? -the substitutability test -the costly-to-imitate -the rareness test -the value test
the substitutability test
When selecting a business level strategy, the firm must determine all of the following EXCEPT -who is the customer? -how will the customer's needs be satisfied? -what are the customers' needs? -why should these customers' needs be satisfied?
why should these customers' needs be satisfied?
Which of the following is TRUE? -All successful companies have great vision statements -Most companies make mission and vision statements integral parts of how they manage the company and its culture. -A great vision statement can help a company with a great strategy become even more successful. -Vision statements should be about what the company needs to accomplish over the next 12 months. -Mission statements should not focus on what and how a company plans to deliver value to its customers.
A great vision statement can help a company with a great strategy become even more successful.
Which of these is true? -Everyone is motivated by the same thing -A manager is an important factor in employee motivation -Money is the only effective motivator -Low performance is always attributable to low motivation
A manager is an important factor in employee motivation
Which of the following is the best example of Low-end Disruption? -Electric Vehicles -Blockchain Technology -AirBnB -Frontier Airlines -Yellow Tail Wine
AirBnB
Southwest has a strong business model because: -It offers great value to customers through low cost flights. -It has figured out how to manage its costs while offering great prices to consumers. -It has developed competitive advantage versus other airlines. -All 3 of these.
All 3 of these.
Which of the following industries is most likely to change because of disruptive technology over the next five years? -None of them in the the next 5 years -All of them in the next 5 years -Foodservice industry -The trucking industry -Medical diagnosis
All of them in the next 5 years
Employee motivation is an important contributor to the following: -Customer satisfaction -Employee retention -None of these -Stock performance -All of these
All of these
Which of the following is likely to help a firm identify threats to their business. -All of these -Analyzing how consumer preferences are changing -Analyziing technology changes likely to happen in the industry -Looking at core competencies of potential entrants to the industry
All of these
Which of the following are imporant for LinkedIn? -Keeping your contact information up to date -All of these are important -Building connections with people that you know and trust -Making sure the your summary is great overall synposis of who you are and how others should think about your professional personna -Asking other for personal recommendations
All of these are important
Which of the following is an important competitive success factor for top performing companies? -Focusing on customer needs -All of these are important -Making effective use of valuable competencies -Offering innovative products and services -Having an entrepreneurial mindset
All of these are important
Which of the following is not part of strategy? -Identifying and developing long-term competitive advantage -Generating above-average returns and profits -Making decisions on what not to do -All of these are important to strategy -Making management decisions of what to do
All of these are important to strategy
Which of the following is not an important characteristic of good leadership? -Allowing direct reports setting goals that they think they can easily achieve -Being clear about expectations -Holding yourself to the same standards as you hold others -Building a good relationship, being likable
Allowing direct reports setting goals that they think they can easily achieve
Which acquisition would be considered the LEAST related? -An upscale "white-tablecloth" restaurant chain acquires a travel agency. -A candy manufacturer purchases a chemical laboratory specializing in food flavorings. -A hospital acquires a long-term care nursing home. -A chain of garden centers acquires a landscape architecture firm.
An upscale "white-tablecloth" restaurant chain acquires a travel agency.
Blood banks are highly dependent on donors. In the terminology of industry analysis, which statement of donors is accurate? -Blood donors are buyers and are not powerful because switching costs to change to alternative inputs are low. -Blood donors are buyers and are powerful because of the volume of blood needed. -Blood donors are suppliers and are powerful because of their concentration relative to the blood bank. -Blood donors are suppliers and are powerful because of the critical nature of what they provide to the blood bank.
Blood donors are suppliers and are powerful because of the critical nature of what they provide to the blood bank.
Which of the following steps toward making an ethical decision includes utilizing checks such as the Platinum Rule test and the Mom test? -Define the ethical issues -Check your instincts -Identify the affected parties, consequences, and obligations -Think creatively about actions -Consider your integrity
Check your instincts
Which of the following is not a principle of strategic leadership? -Making it safe to fail -Being honest and open about information -Developing others as leaders -Finding time to reflect -Creating charismatic and inspirational speeches
Creating charismatic and inspirational speeches
Which of the following steps to making an ethical decision follows the fact-gathering step? -Think creatively about actions -Check your instincts -Define the ethical issues -Identify the affected parties, consequences, and obligations -Consider your integrity
Define the ethical issues
Which of the following is important to conducting an effective PESTEL analysis: -Assessing whether each factor could have a major impact -Brainstorming as many external factors that might affect the industry -Prioritizing the top 5-8 factors that are most important -Being precise and concise in your wording for each factor -Each of these is important
Each of these is important
All managers are leaders True False
False
Blue Ocean strategies always involve increasing the price of the product or service. True False
False
Mission and Vision are the same thing. Many companies use them interchangeably and there is essentially no difference between the two. True False
False
The primary reason Ringling Brothers Circus went out of business was because of Cirque Du Soleil's success. True False
False
Today's economy has made it easier to find people to fill jobs. True False
False
Which of the following is NOT true? -Finding a Blue Ocean Strategy is relatively low risk -It make take 3-5 years to develop, plan and implement a successful Blue Ocean Strategy -Blue Ocean is a good strategic approach for companies at the brink of extinction and hoping to survive -Blue Ocean works well for companies looking to enter a new market with alot of competition
Finding a Blue Ocean Strategy is relatively low risk
LinkedIn is effective for helping you do all of the following EXCEPT: -Help you find a new position -Finding corporate financials about key companies -Build important new business connections -Be a resource for up to date contact information for people that you know
Finding corporate financials about key companies
A company's mission can: -Help all employees focus on tasks that will be supportive of the company's goals and objectives. -Be customized to each employee's wants and needs. -Be substituted for the company's vision if management believes it is warranted based on market conditions. -None of these 3 answers
Help all employees focus on tasks that will be supportive of the company's goals and objectives.
Which of the following industries is LEAST likely to be affected by the development of autonomous (self-driving) vehicles? -Housing -Alcohol -Hotel -Automotive -Regional airlines
Housing
Which of the following is NOT a question that great managers ask themselves when making a tough ethical decisions? -Is my decision in line with my values? -Will others be negatively impacted? -How can I gain from this decision? -Am I behaving fairly?
How can I gain from this decision?
Blue Ocean Strategy is most closely aligned with which of the following 5 business strategies from Michael Porter? -Focused Low Cost -Broad Differentiation -Broad Low Cost -Focused Differentiation -Integrated Cost Leadership/Differentiation
Integrated Cost Leadership/Differentiation
John Maxwell would agree with all of these statements except: -You cannot ask someone to do something that you do not know how to do yourself -It is important for a leader to hire people just like themself to grow into future leaders -Good leaders allow others to learn how to do the leader's job -You need to be likeable to be an effective leader -It is important for a leader to demonstrate they can generate results
It is important for a leader to hire people just like themself to grow into future leaders
Which of the following is NOT good advice about making ethical decisions? -All ethical complaints should be taken seriously. -Each ethical situation should be individually analyzed as it is rare that "one size fits all". -Decisions should be explained and transparency is generally a good thing. -It is important that employees understand the risk of potential punishment for unethical behavior. -It is important to come to quick decisions to resolve these important matters
It is important to come to quick decisions to resolve these important matters
Which of the following is true? -Performance management is about figuring out how to manage low performers -Most managers are effective at providing feedback. -It is important to set performance expectations for employees -Performance management is mostly common sense
It is important to set performance expectations for employees
Which of the following is NOT true? -An individual is not responsible for defining what is ethical at work -Laws are vague and don't often help defining what is ethical -Often people look to what others do, to justify what is ethical -It is uncommon to find false information on someone's resume
It is uncommon to find false information on someone's resume
Why is Blue Ocean strategy important? -Blue Ocean strategies are much easier to develop than traditional business strategy approaches -Porter's Five Forces Analysis has become obsolete -Our business economy is relatively stable and the rate of innovation is slowing -It provides an alternative to traditional Competitive Strategy models and creates new ways to think about a business -International competition and globalization is shrinking
It provides an alternative to traditional Competitive Strategy models and creates new ways to think about a business
Which of the following is a common leadership myth? -Leadership exists only at the top -Not all leaders are charismatic -Leadership can be taught. -Leadership failure is due to exhibiting toxic behaviors -Leadership can be learned
Leadership exists only at the top
Which of the following is NOT one of the adjacent segments that Yellow Tail added to their target market as they expanded their Blue Ocean efforts -People who drink red wine -People who drink water -People who drink cocktail drinks -People who drink beer -People who like Australian cuisine
People who like Australian cuisine
All of the following are effective ways that large companies use to manage disruptive innovation EXCEPT: -Acquiring competing technologies -Working with startup companies who have competing technology -Setting up separate business units in their company and encouraging disruptive innovation -Putting more money into advertising and promoting their products -Watching where venture capital firms are investing their funds
Putting more money into advertising and promoting their products
Which of the following is not part of Blue Ocean strategy? -Reduce product quality -Raise the level of important product/service features that customers care about -Eliminate unnecessary costs -Create new value by adding features/services that customers care about
Reduce product quality
Which of the following is the MOST important to a company's success? -Vision -Mission -Strategy -Great Leader
Strategy
In the Apple case about creating a backdoor to the iPhone it is clear that -That this a Right vs. Right struggle where there is not easily found ethical solution. -That a future national terrorism act was thwarted by unlocking the phone in question -That the government should have the right to access anyone's personal information when our national security is at risk. -It is possible to keep "bad guys" from getting access to our data -Tim Cook made the right decision to protect privacy
That this a Right vs. Right struggle where there is not easily found ethical solution.
Which of the following, identified in an analysis of the external environment, is an opportunity for an entrepreneur who wishes to open a business providing "Fitness for Life" physical conditioning services (strength, balance, and flexibility training) in a city of 100,000 people? -The average education level of the population in his community is low. -The level of unemployment in his community is high. -The average age of the population in his community is high. -The community is a diverse collection of cultures from around the world. -A chiropractor and two independent physical therapists are located in his community.
The average age of the population in his community is high.
The main reason Telsa has NOT perfected its business model is because: -Consumers do not care about electrical vehicles. -It has lost out to successful automotive companies from China. -The cost of running the company is very high causing uncertainty about the company and its ability to be profitable long-term. -Elon Musk has been smoking pot. -Tesla has yet to develop a self-driving automobile.
The cost of running the company is very high causing uncertainty about the company and its ability to be profitable long-term.
A certain marble quarry provides a unique type of marble that is richly colored and strikingly veined. It has been used for churches and public buildings throughout the world. The architect of a new headquarters for a prestigious Fortune 500 firm has specified the use of this marble, and this marble only, for this project. Which of the following statements is most likely to be true? -The cost of the marble will be moderate because of economies of scale. -The cost of the marble will be expensive because of the bargaining power of the supplier. -The cost of the marble will be moderate because of the bargaining power of the buyer. -The cost of the marble will be expensive because of the high strategic stakes involved.
The cost of the marble will be expensive because of the bargaining power of the supplier.
In the last few years, all of the following have had a major effect on strategic planning EXCEPT: -The difficulty in raising financial capital -Rapid pace of technological changes -Increase in global competition -Increasing importance of knowledge
The difficulty in raising financial capital
The three most important factors that influence employee motivation are: -Salary, the manager, and company culture -The culture, the company strategy, and the vision -Salary, vacation, and benefits -The employee, the manager, and the job itself
The employee, the manager, and the job itself
Google and Apple are serious threats to Ford. True False
True
Marvel could produce a movie for 30% less than other high end Hollywood Studios because of lower overhead. True False
True
The right people in an organization understand they don't have a job, they have responsibilities. True False
True
Wholesome Pet Food has successfully specialized for 20 years in high-quality pet food made from all-natural ingredients and organically raised lamb. This brand has a strong following and is recommended by veterinarians who practice in affluent neighborhoods. Wholesome's main supplier of lamb has announced that the price for lamb will be 15 percent higher next year. -Wholesome probably operates on very thin margins, and a cost increase will threaten its ability to earn average returns. -Wholesome will probably be able to pass the cost on to its customers because they are less sensitive to price increases than the average buyer. -If Wholesome raises its pet food prices, customers will turn to less expensive brands such as Purina. -Companies pursuing Wholesome's business strategy are especially vulnerable to this risk.
Wholesome will probably be able to pass the cost on to its customers because they are less sensitive to price increases than the average buyer.
Looking at the business model of a firm is: -a responsibility of the Human Resources department of a firm. -something that almost every company does very well. -a key part to evaluating a firm's overall strategic efforts. -something that is no longer necessary with the evolution of technology. -required by government law for all publicly traded companies.
a key part to evaluating a firm's overall strategic efforts.
A vision statement: -provides a word picture for where the company wants to go in the future. -can be inspirational to the company and its culture. -needs to be supported by the CEO and top mangement of the company. -all 3 of these.
all 3 of these.
To provide a sustainable competitive advantage, a capability must satisfy all of the following criteria EXCEPT -be without good substitutes. -be technologically innovative. -be valuable to customers. -be hard for competing firms to duplicate.
be technologically innovative.
A company pursuing the differentiation or focused differentiation strategy would tend to -develop and maintain cost-effective MIS operations. -have relationships with suppliers to maintain efficient flow of supplies for operations. -develop flexible systems that allow rapid response to customers' changing needs. -build economies of scale and efficient operations.
develop flexible systems that allow rapid response to customers' changing needs.
Global warming and energy consumption trends are _________________ aspects of the that firms should monitor. -environmental -sociocultural -technological -political
environmental
Problems associated with acquisitions include all of the following EXCEPT -managers overly focused on acquisitions. -excessive time spent on the due diligence process. -integration difficulties. -large or extraordinary debt.
excessive time spent on the due diligence process.
Ikea offers young customers a selection of home furnishings featuring good design, function, and acceptable quality at low prices. Ikea is using which business-level strategy? -focused differentiation -focused cost leadership -differentiation -cost leadership
focused cost leadership
A transnational corporate-level strategy seeks to achieve -economies of scale and centralized strategic control. -standardization of products across countries. -global efficiency and local responsiveness. -customization for the local market.
global efficiency and local responsiveness.
The purchasing of firms in the same industry is called -vertical integration. -networking the organization. -horizontal acquisition. -unrelated diversification.
horizontal acquisition.
Customer loyalty programs such as airline frequent-flyer miles are an attempt to -decrease competitors' access to distribution channels. -overcome the perishability of the hotel "product." -increase customers' switching costs. -develop a cost advantage independent of scale.
increase customers' switching costs.
A company using a narrow target market in its business strategy is -focusing on a broad array of geographic markets. -decreasing the number of activities on its value chain. -limiting the group of customer segments served. -following a cost leadership business strategy.
limiting the group of customer segments served.
Cross-border acquisitions are primarily made to -overcome barriers to entry in another country. -reshape the firm's competitive scope. -take advantage of higher education levels of labor in developed countries. -reshape the firm's competitive scope.
overcome barriers to entry in another country.
Ever-improving levels of efficiency enhance profit margins for a cost-leader. This effects which of the five forces of industry structure most directly? -supplier power -potential entrants -substitutes -buyer power
potential entrants
Backward integration occurs when a company -produces its own inputs -owns its own source of distribution of outputs. -is concentrated in a single industry. -is divesting unrelated businesses.
produces its own inputs
Which of the following reasons for diversification is most likely to increase the firm's value? -conforming to antitrust regulation -increasing managerial compensation -taking advantage of changes in tax laws -reducing costs through business restructuring
reducing costs through business restructuring
Which of the following would NOT be identified in an analysis of the economic portion of the general environment?In a suburban community outside a city in Alabama, a retail store opened that specialized in dancewear for children and adults. It was moderately successful for five years until the local newspaper published an exposé that scanty lingerie stocked in the back of the store's showroom was selling briskly to a certain clientele. Afterward, the store lost most of its customers and nearly closed. Which segment of the environment did the store owners fail to take into account when they began selling the lingerie? -sociocultural segment -technological segment -legal segment -political segment -economic segment
sociocultural segment
Utilitarian theory says -the best decision is one that a person of high integrity and honesty would make -the best decision is one that a monarchy or dictator would make -the best decision is the one that provides the greatest good for the greatest number -the best decision is one that most people would make
the best decision is the one that provides the greatest good for the greatest number
Suppliers are powerful when -they offer a credible threat of forward integration. -they are in a highly fragmented industry. -they sell a commodity product. -satisfactory substitutes are available.
they offer a credible threat of forward integration.
Which of the following is NOT an incentive for firms to become multinational? -to avoid high domestic taxation on corporate income -to gain access to consumers in emerging markets -to gain easier access to raw materials -opportunities to integrate operations on a global scale
to avoid high domestic taxation on corporate income
A firm successfully implementing a differentiation strategy would expect -customers to perceive the product as standard. -customers to be sensitive to price increases. -to charge premium prices. -to have high levels of power over suppliers.
to charge premium prices.
Currently, the rationale for making an acquisition includes each of the following EXCEPT -to overcome entry barriers. -to decrease taxes paid by shareholders. -to increase market power. -to increase diversification.
to decrease taxes paid by shareholders.
When a firm acquires its supplier, it is engaging in a(n) -merger. -vertical acquisition. -hostile takeover. -unrelated acquisition.
vertical acquisition.
Corporate-level strategy is concerned with _____ and how to manage these businesses. -what product markets and businesses the firm should be in -whether to integrate backward or forward. -whether the portfolio of businesses should generate immediate above-average returns or should be troubled businesses which will create above-average returns only after restructuring -whether the firm should invest in global or domestic businesses
what product markets and businesses the firm should be in
The most important thing that a recruiter looks at on your resume is: -how long have you been out of school -your current position and company along with how long you have been there -if you have a list of references on your resume -have you been promoted often
your current position and company along with how long you have been there