LSUS MBA 701 PRACTICE EXAMINATION 2026 QUESTIONS
WITH ANSWERS GRADED A+
● Market Development. Answer: Growth strategy entering new markets or segments with
existing products
● Backward Integration. Answer: Acquiring or developing suppliers to control input sources
and reduce dependency
● Liquidity Ratios. Answer: Measures of company's ability to meet short-term obligations
including current and quick ratios
● Differentiation Strategy. Answer: Creating unique value through superior quality,
innovation, brand, or customer service commanding premium prices
● Key Performance Indicators. Answer: Quantifiable measures evaluating success in
achieving strategic objectives and operational goals
● LSUS. Answer: Acronym for Louisiana State University Shreveport offering MBA program
with concentration options
● Return on Equity. Answer: Profitability ratio measuring net income generated per dollar of
shareholder equity
● Competitive Rivalry. Answer: Intensity of competition among existing firms in industry
affecting pricing power and profitability
● Inorganic Growth. Answer: Expansion through mergers, acquisitions, or partnerships
rather than internal development
● Leverage Ratios. Answer: Measures of company's debt levels and ability to meet
long-term obligations
● Focus Strategy. Answer: Concentrating on specific market segment or niche with either
cost or differentiation approach
● Market Penetration. Answer: Growth strategy increasing market share in existing markets
with current products
, ● Industry Analysis. Answer: Systematic examination of industry structure, trends,
profitability, and competitive dynamics
● Cost Leadership. Answer: Competitive strategy achieving lowest costs in industry through
efficiency, economies of scale, and operational excellence
● External Analysis. Answer: Assessment of industry structure, competitive forces, market
trends, and macro-environmental factors
● Value Chain Analysis. Answer: Examination of primary and support activities creating
value from input to customer delivery
● MBA 701. Answer: Louisiana State University Shreveport foundational graduate business
course covering core management concepts, theories, and analytical frameworks
● Threat of New Entrants. Answer: Likelihood of new competitors entering market
influenced by barriers to entry and incumbent reactions
● Marketing Strategy. Answer: Plan defining target markets, positioning, marketing mix, and
customer value proposition
● MBA 701. Answer: Louisiana State University Shreveport foundational graduate business
course covering core management concepts, theories, and analytical frameworks
● Return on Assets. Answer: Profitability ratio indicating how efficiently company uses
assets to generate earnings
● Resource-Based View. Answer: Strategic perspective viewing firm as bundle of resources
and capabilities driving competitive advantage
● Organic Growth. Answer: Expansion through internal development, innovation, and
market penetration without acquisitions
● Return on Investment. Answer: Profitability measure calculating gain relative to cost of
investment
● Divisional Structure. Answer: Organization design creating semi-autonomous units based
on products, services, or geography
● Merger. Answer: Combination of two companies forming new legal entity sharing
ownership and operations
WITH ANSWERS GRADED A+
● Market Development. Answer: Growth strategy entering new markets or segments with
existing products
● Backward Integration. Answer: Acquiring or developing suppliers to control input sources
and reduce dependency
● Liquidity Ratios. Answer: Measures of company's ability to meet short-term obligations
including current and quick ratios
● Differentiation Strategy. Answer: Creating unique value through superior quality,
innovation, brand, or customer service commanding premium prices
● Key Performance Indicators. Answer: Quantifiable measures evaluating success in
achieving strategic objectives and operational goals
● LSUS. Answer: Acronym for Louisiana State University Shreveport offering MBA program
with concentration options
● Return on Equity. Answer: Profitability ratio measuring net income generated per dollar of
shareholder equity
● Competitive Rivalry. Answer: Intensity of competition among existing firms in industry
affecting pricing power and profitability
● Inorganic Growth. Answer: Expansion through mergers, acquisitions, or partnerships
rather than internal development
● Leverage Ratios. Answer: Measures of company's debt levels and ability to meet
long-term obligations
● Focus Strategy. Answer: Concentrating on specific market segment or niche with either
cost or differentiation approach
● Market Penetration. Answer: Growth strategy increasing market share in existing markets
with current products
, ● Industry Analysis. Answer: Systematic examination of industry structure, trends,
profitability, and competitive dynamics
● Cost Leadership. Answer: Competitive strategy achieving lowest costs in industry through
efficiency, economies of scale, and operational excellence
● External Analysis. Answer: Assessment of industry structure, competitive forces, market
trends, and macro-environmental factors
● Value Chain Analysis. Answer: Examination of primary and support activities creating
value from input to customer delivery
● MBA 701. Answer: Louisiana State University Shreveport foundational graduate business
course covering core management concepts, theories, and analytical frameworks
● Threat of New Entrants. Answer: Likelihood of new competitors entering market
influenced by barriers to entry and incumbent reactions
● Marketing Strategy. Answer: Plan defining target markets, positioning, marketing mix, and
customer value proposition
● MBA 701. Answer: Louisiana State University Shreveport foundational graduate business
course covering core management concepts, theories, and analytical frameworks
● Return on Assets. Answer: Profitability ratio indicating how efficiently company uses
assets to generate earnings
● Resource-Based View. Answer: Strategic perspective viewing firm as bundle of resources
and capabilities driving competitive advantage
● Organic Growth. Answer: Expansion through internal development, innovation, and
market penetration without acquisitions
● Return on Investment. Answer: Profitability measure calculating gain relative to cost of
investment
● Divisional Structure. Answer: Organization design creating semi-autonomous units based
on products, services, or geography
● Merger. Answer: Combination of two companies forming new legal entity sharing
ownership and operations
