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BUS 245 TEST 2 STUDY GUIDE (LATEST UPDATE ) REAL QUESTIONS AND VERIFIED ANSWERS 100% CORRECT ALREADY {GRADE A} - DeVry University

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BUS 245 TEST 2 STUDY GUIDE (LATEST UPDATE ) REAL QUESTIONS AND VERIFIED ANSWERS 100% CORRECT ALREADY {GRADE A} - DeVry University

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BUS 245
Vak
BUS 245

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BUS 245 TEST 2 STUDY GUIDE (LATEST
UPDATE 2026-2027) REAL QUESTIONS
AND VERIFIED ANSWERS 100% CORRECT
ALREADY {GRADE A} - DeVry University


Value-chain analysis? - correct answer Divides a company's activities into primary
activities and support activities that are central to creating value for customers.


Describe the various strategies that companies use to reach their goals? - correct
answer Multinational strategy, Global strategy, Corporate-level strategies (growth,

retrenchment, stability, combination), Business-level strategies (low-cost leadership,
differentiation, focus), Department-level strategies


Multinational strategy? - correct answer Is best when adapting products and

marketing strategies to national markets and a global strategy is best when offering
the same products using the same marketing strategy in all markets.


Corporate-level strategies include? - correct answer (1) growth—increase scale or

scope of operations;
(2) retrenchment—reduce the scale or scope of businesses;

(3) stability—guard against change;
(4) combination—mix growth, retrenchment, and stability strategies across

businesses.

, BUS 245 TEST 2 STUDY GUIDE (LATEST
UPDATE 2026-2027) REAL QUESTIONS
AND VERIFIED ANSWERS 100% CORRECT
ALREADY {GRADE A} - DeVry University


Business-level strategies include? - correct answer (1) low-cost leadership—exploit
economies of scale to have the lowest cost structure;
(2) differentiation—design products perceived as unique in an industry; (3) focus—
serve a narrow market segment through low-cost leadership, differentiation, or both.


Department-level strategies? - correct answer Focus on the specific primary or

support activities that create customer value.


Organizational structure? - correct answer The way in which a company divides its
activities among separate units and coordinates activities among those units.


Centralized decision making? - correct answer Occurs at a high level and helps

coordinate operations of international subsidiaries.


Decentralized decision making? - correct answer Occurs at the subsidiary level and
places a premium on local responsiveness.


Chains of command? - correct answer Lines of authority that specify internal

reporting relationships.

, BUS 245 TEST 2 STUDY GUIDE (LATEST
UPDATE 2026-2027) REAL QUESTIONS
AND VERIFIED ANSWERS 100% CORRECT
ALREADY {GRADE A} - DeVry University


Outline the key issues behind the selection of organizational structure? - correct
answer Centralized decision making, Decentralized decision making, Coordination,
Flexibility, Chains of command


Describe various international organizational structures? - correct answer
International division structure, International area structure, Global product structure,

Global matrix structure, Work teams


International division structure? - correct answer Creates a separate division with its
own manager for international activities.


International area structure? - correct answer Organizes a company's global

operations into countries or geographic regions, with each division operating as a
self-contained unit.


Global product structure? - correct answer Divides worldwide operations into product

divisions, which are then divided into domestic and international units.


Global matrix structure? - correct answer Requires reporting to two bosses: the
general manager of the product division and the general manager of the geographic

area.

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BUS 245
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BUS 245

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