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WPC 480 FINAL EXAM QUESTIONS WITH CORRECT ANSWERS

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WPC 480 FINAL EXAM QUESTIONS WITH CORRECT ANSWERS

Institution
WPC 480
Course
WPC 480

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Strategic thinking is different from strategic planning in that


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strategic thinking includes all types of information sources while strategic
planning does not.




Rajat Gupta's role in providing inside information to Galleon Group for the benefit of
Galleon Group's stockholders and himself is an example of


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moral hazard.

,Fun Foods Inc. is a snack manufacturer that wants to expand globally. Few people
abroad are familiar with Fun Foods snacks. The countries into which the company
wants to expand require a high degree of local responsiveness when it comes to
food, and the citizens of those countries already spend plenty of money on snacks.
Which action should the leaders of Fun Foods take?


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Pursue a multidomestic strategy that includes new "local" brands.




Fuller Apparel's core value statement reads we will ensure our clothing is made with
the highest respect toward human rights and environmental protection. Which of the
following actions exemplifies how Fuller's core values drive its strategic decision
making?


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demanding that textile suppliers pay livable wages and maintain safe
production facilities




The working capital turnover of Tesva Systems Corp. is 6.0. What does this financial
data suggest?


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For every dollar Tesva Systems puts to work, the company realizes $6.00 of
sales.

, Skylark Sodas has been a market leader in the soft drink industry for several decades.
However, its market research shows that consumer tastes have begun to shift to
sugar-free flavored seltzer waters, a product that Skylark is capable of producing with
minimal changes to its facilities and production processes. Based on your knowledge
of the core competence-market matrix, which diversification strategy should Skylark
pursue?


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Redeploy and recombine existing core competencies to compete in
markets of the future.




Which of the following is a primary feature of the five forces model?


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It views competition within an industry broadly to include forces such as
buyers, suppliers, and the threat of substitutes.




General Electric (GE) disrupted itself in the healthcare industry by


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introducing inexpensive and smaller diagnostic devices in developing
countries.




Which of the following statements is true of the early majority section of consumers?

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Institution
WPC 480
Course
WPC 480

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