LSUS MBA 701 ACTUAL EXAM PAPER 2026 QUESTIONS
WITH ANSWERS GRADED A+
● ROI. Answer: Acronym for Return on Investment evaluating efficiency of investment or
comparing multiple investments
● Acquisition. Answer: Purchase of one company by another where buyer gains control and
ownership
● Vision Statement. Answer: Aspirational description of what organization aims to achieve in
future inspiring stakeholders
● SWOT Analysis. Answer: Strategic planning technique identifying Strengths, Weaknesses,
Opportunities, and Threats affecting organization
● Merger. Answer: Combination of two companies forming new legal entity sharing
ownership and operations
● Business Strategy. Answer: Long-term plan defining how organization will compete,
achieve objectives, and create value for stakeholders
● Primary Activities. Answer: Main functions directly creating value including inbound
logistics, operations, outbound logistics, marketing/sales, and service
● EVA. Answer: Acronym for Economic Value Added measuring true economic profit
● Barriers to Entry. Answer: Obstacles making it difficult for new firms to enter industry
including capital requirements, regulations, and economies of scale
● Product Development. Answer: Growth strategy creating new products for existing
markets through innovation
● Transactional Leadership. Answer: Style based on exchange relationships rewarding
performance and correcting deviations from standards
● Liquidity Ratios. Answer: Measures of company's ability to meet short-term obligations
including current and quick ratios
, ● Matrix Structure. Answer: Complex design with dual reporting relationships combining
functional and project dimensions
● Sustainability. Answer: Meeting present needs without compromising future generations'
ability to meet their needs
● Value Creation. Answer: Process of generating worth exceeding costs through products,
services, or business model innovation
● KPIs. Answer: Acronym for Key Performance Indicators tracking progress toward targets
● Financial Ratios. Answer: Quantitative measures comparing financial statement elements
evaluating performance and condition
● Competitive Advantage. Answer: Condition or circumstance putting company in favorable
business position relative to competitors
● Master of Business Administration. Answer: Graduate degree providing advanced
business education in management, finance, marketing, operations, and strategic thinking
preparing leaders for executive roles
● Threat of New Entrants. Answer: Likelihood of new competitors entering market
influenced by barriers to entry and incumbent reactions
● Business Strategy. Answer: Long-term plan defining how organization will compete,
achieve objectives, and create value for stakeholders
● ROA. Answer: Acronym for Return on Assets measuring asset utilization effectiveness
● Generic Strategies. Answer: Porter's framework identifying Cost Leadership,
Differentiation, and Focus as fundamental competitive approaches
● Bargaining Power of Suppliers. Answer: Extent to which suppliers can influence terms,
prices, and conditions affecting company costs
● Industry Analysis. Answer: Systematic examination of industry structure, trends,
profitability, and competitive dynamics
● Business Ethics. Answer: Moral principles and standards guiding behavior in business
context
● Cost Leadership. Answer: Competitive strategy achieving lowest costs in industry through
efficiency, economies of scale, and operational excellence
WITH ANSWERS GRADED A+
● ROI. Answer: Acronym for Return on Investment evaluating efficiency of investment or
comparing multiple investments
● Acquisition. Answer: Purchase of one company by another where buyer gains control and
ownership
● Vision Statement. Answer: Aspirational description of what organization aims to achieve in
future inspiring stakeholders
● SWOT Analysis. Answer: Strategic planning technique identifying Strengths, Weaknesses,
Opportunities, and Threats affecting organization
● Merger. Answer: Combination of two companies forming new legal entity sharing
ownership and operations
● Business Strategy. Answer: Long-term plan defining how organization will compete,
achieve objectives, and create value for stakeholders
● Primary Activities. Answer: Main functions directly creating value including inbound
logistics, operations, outbound logistics, marketing/sales, and service
● EVA. Answer: Acronym for Economic Value Added measuring true economic profit
● Barriers to Entry. Answer: Obstacles making it difficult for new firms to enter industry
including capital requirements, regulations, and economies of scale
● Product Development. Answer: Growth strategy creating new products for existing
markets through innovation
● Transactional Leadership. Answer: Style based on exchange relationships rewarding
performance and correcting deviations from standards
● Liquidity Ratios. Answer: Measures of company's ability to meet short-term obligations
including current and quick ratios
, ● Matrix Structure. Answer: Complex design with dual reporting relationships combining
functional and project dimensions
● Sustainability. Answer: Meeting present needs without compromising future generations'
ability to meet their needs
● Value Creation. Answer: Process of generating worth exceeding costs through products,
services, or business model innovation
● KPIs. Answer: Acronym for Key Performance Indicators tracking progress toward targets
● Financial Ratios. Answer: Quantitative measures comparing financial statement elements
evaluating performance and condition
● Competitive Advantage. Answer: Condition or circumstance putting company in favorable
business position relative to competitors
● Master of Business Administration. Answer: Graduate degree providing advanced
business education in management, finance, marketing, operations, and strategic thinking
preparing leaders for executive roles
● Threat of New Entrants. Answer: Likelihood of new competitors entering market
influenced by barriers to entry and incumbent reactions
● Business Strategy. Answer: Long-term plan defining how organization will compete,
achieve objectives, and create value for stakeholders
● ROA. Answer: Acronym for Return on Assets measuring asset utilization effectiveness
● Generic Strategies. Answer: Porter's framework identifying Cost Leadership,
Differentiation, and Focus as fundamental competitive approaches
● Bargaining Power of Suppliers. Answer: Extent to which suppliers can influence terms,
prices, and conditions affecting company costs
● Industry Analysis. Answer: Systematic examination of industry structure, trends,
profitability, and competitive dynamics
● Business Ethics. Answer: Moral principles and standards guiding behavior in business
context
● Cost Leadership. Answer: Competitive strategy achieving lowest costs in industry through
efficiency, economies of scale, and operational excellence