LSUS MBA 701 CERTIFICATION SCRIPT 2026 QUESTIONS
WITH SOLUTIONS GRADED A+
● First-Mover Advantage. Answer: Competitive benefits from being first to market with
innovation or entering new market
● SWOT Analysis. Answer: Strategic planning technique identifying Strengths, Weaknesses,
Opportunities, and Threats affecting organization
● Corporate Social Responsibility. Answer: Business practices integrating social and
environmental concerns in operations and stakeholder interactions
● PESTEL Analysis. Answer: Framework examining Political, Economic, Social,
Technological, Environmental, and Legal factors affecting business
● Financial Analysis. Answer: Evaluation of business financial performance through
statement examination and ratio calculation
● MBA 701. Answer: Louisiana State University Shreveport foundational graduate business
course covering core management concepts, theories, and analytical frameworks
● Cash Flow Statement. Answer: Report tracking cash inflows and outflows from operating,
investing, and financing activities
● Balance Sheet. Answer: Financial snapshot showing assets, liabilities, and equity at
specific point in time
● Forward Integration. Answer: Acquiring or developing distribution channels to control
customer access and margins
● Industry Analysis. Answer: Systematic examination of industry structure, trends,
profitability, and competitive dynamics
● Competitive Advantage. Answer: Condition or circumstance putting company in favorable
business position relative to competitors
● ROI. Answer: Acronym for Return on Investment evaluating efficiency of investment or
comparing multiple investments
, ● EVA. Answer: Acronym for Economic Value Added measuring true economic profit
● LSUS. Answer: Acronym for Louisiana State University Shreveport offering MBA program
with concentration options
● Positioning. Answer: Creating distinct image and identity in customers' minds relative to
competitors
● Core Competencies. Answer: Unique capabilities and resources providing competitive
advantage and difficult for competitors to imitate
● ROA. Answer: Acronym for Return on Assets measuring asset utilization effectiveness
● Disruptive Innovation. Answer: New offering fundamentally changing market dynamics by
serving overlooked segments with simpler cheaper solutions
● 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
● Cost Leadership. Answer: Competitive strategy achieving lowest costs in industry through
efficiency, economies of scale, and operational excellence
● Threat of New Entrants. Answer: Likelihood of new competitors entering market
influenced by barriers to entry and incumbent reactions
● Business-Level Strategy. Answer: Competitive approach for specific business unit or
product line within corporation
● Strategic Objectives. Answer: Specific measurable goals organization seeks to
accomplish through strategy implementation
● Agency Theory. Answer: Framework examining conflicts between principals (owners) and
agents (managers) and alignment mechanisms
● PESTEL Analysis. Answer: Framework examining Political, Economic, Social,
Technological, Environmental, and Legal factors affecting business
● Internal Analysis. Answer: Examination of organization's resources, capabilities, core
competencies, and value chain activities
WITH SOLUTIONS GRADED A+
● First-Mover Advantage. Answer: Competitive benefits from being first to market with
innovation or entering new market
● SWOT Analysis. Answer: Strategic planning technique identifying Strengths, Weaknesses,
Opportunities, and Threats affecting organization
● Corporate Social Responsibility. Answer: Business practices integrating social and
environmental concerns in operations and stakeholder interactions
● PESTEL Analysis. Answer: Framework examining Political, Economic, Social,
Technological, Environmental, and Legal factors affecting business
● Financial Analysis. Answer: Evaluation of business financial performance through
statement examination and ratio calculation
● MBA 701. Answer: Louisiana State University Shreveport foundational graduate business
course covering core management concepts, theories, and analytical frameworks
● Cash Flow Statement. Answer: Report tracking cash inflows and outflows from operating,
investing, and financing activities
● Balance Sheet. Answer: Financial snapshot showing assets, liabilities, and equity at
specific point in time
● Forward Integration. Answer: Acquiring or developing distribution channels to control
customer access and margins
● Industry Analysis. Answer: Systematic examination of industry structure, trends,
profitability, and competitive dynamics
● Competitive Advantage. Answer: Condition or circumstance putting company in favorable
business position relative to competitors
● ROI. Answer: Acronym for Return on Investment evaluating efficiency of investment or
comparing multiple investments
, ● EVA. Answer: Acronym for Economic Value Added measuring true economic profit
● LSUS. Answer: Acronym for Louisiana State University Shreveport offering MBA program
with concentration options
● Positioning. Answer: Creating distinct image and identity in customers' minds relative to
competitors
● Core Competencies. Answer: Unique capabilities and resources providing competitive
advantage and difficult for competitors to imitate
● ROA. Answer: Acronym for Return on Assets measuring asset utilization effectiveness
● Disruptive Innovation. Answer: New offering fundamentally changing market dynamics by
serving overlooked segments with simpler cheaper solutions
● 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
● Cost Leadership. Answer: Competitive strategy achieving lowest costs in industry through
efficiency, economies of scale, and operational excellence
● Threat of New Entrants. Answer: Likelihood of new competitors entering market
influenced by barriers to entry and incumbent reactions
● Business-Level Strategy. Answer: Competitive approach for specific business unit or
product line within corporation
● Strategic Objectives. Answer: Specific measurable goals organization seeks to
accomplish through strategy implementation
● Agency Theory. Answer: Framework examining conflicts between principals (owners) and
agents (managers) and alignment mechanisms
● PESTEL Analysis. Answer: Framework examining Political, Economic, Social,
Technological, Environmental, and Legal factors affecting business
● Internal Analysis. Answer: Examination of organization's resources, capabilities, core
competencies, and value chain activities
