DOWNLOAD THE Test Bank for Business Driven Technology 8th Edition Baltz
j j j j j j j j j j
an
BusinessjDrivenjTechnology,j8ej(Baltzan)jChapte
rj2 IdentifyingjCompetitivejAdvantages
1) Ajleadershipjplanjthatjachievesjajspecificjsetjofjgoalsjorjobjectivesjisjajbusinessjstrategy.
Answer:j TRUEjDifficulty
:j1jEasy
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanaly
sis.
Gradable:j j automatic
2) Whenjajcompanyjisjthejfirstjtojmarketjwithjajcompetitivejadvantage,jitjgainsjajparticularjbene
fitjknownjasjcompetitivejintelligence.
Answer:j j FALSE
Explanation:j Whenjajcompanyjisjthejfirstjtojmarketjwithjajcompetitivejadvantage,jitjgainsjajparticular
jbenefitjknownjasjajfirst-moverjadvantage.
Difficulty:j1jEasy
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanaly
sis.
Gradable:j j automatic
3) Tojcombatjbusinessjchallenges,jleadersjcommunicatejandjexecutejbusinessjstrategiesj(fromjthej
Greekjwordjstratusjforjarmyjandjagojforjleading).
Answer:j TRUEjDifficulty
:j2jMedium
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Understand
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanaly
sis.
Gradable:j j automatic
1
Copyrightj2020j©jMcGraw-
HilljEducation.jAlljrightsjreserved.jNojreproductionjorjdistributionjwithoutjthejpriorjwrittenjconsentjofjMcGraw-
HilljEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Business Driven Technology 8th Edition Baltz
j j j j j j j j j j
an
4) Businessesjrarelyjneedjtojupdatejbusinessjstrategiesjasjthejbusinessjenvironmentjremainsjrela
tivelyjstable.
Answer:j j FALSE
Explanation:j Businessesjconstantlyjneedjtojupdatejbusinessjstrategiesjasjthejbusinessjenvironmentjra
pidlyjchanges.
Difficulty:j2jMedium
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Understand
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanaly
sis.
Gradable:j j automatic
5) Increasingjsales,jdecreasingjcosts,jenteringjnewjmarkets,jorjdevelopingjnewjproductsjorjser
vicesjarejalljexamplesjofjsuccessfuljbusinessjstrategies.
Answer:j TRUEjDifficulty
:j2jMedium
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanaly
sis.
Gradable:j j automatic
6) Increasingjcostsjandjdecreasingjsalesjarejexamplesjofjbusinessjstrategies.
Answer:j j FALSE
Explanation:j Decreasingjcostsjandjincreasingjsalesjarejexamplesjofjbusinessjstrategies.jDifficulty:j2j
Medium
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanal
ysis.
Gradable:j j automatic
2
Copyrightj2020j©jMcGraw-
HilljEducation.jAlljrightsjreserved.jNojreproductionjorjdistributionjwithoutjthejpriorjwrittenjconsentjofjMcGraw-
HilljEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Business Driven Technology 8th Edition Baltz
j j j j j j j j j j
an
7) Ajfirst-
moverjadvantagejisjthejprocessjofjgatheringjinformationjaboutjthejcompetitivejenvironment,jin
cludingjcompetitors'jplans,jactivities,jandjproducts,jtojimprovejajcompany'sjabilityjtojsucceed.
Answer:j j FALSE
Explanation:j Competitivejintelligencejisjthejprocessjofjgatheringjinformationjaboutjthejcompetitivej
environment,jincludingjcompetitors'jplans,jactivities,jandjproducts,jtojimprovejajcompany'sjabilityjtoj
succeed.
Difficulty:j1jEasy
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanaly
sis.
Gradable:j j automatic
8) FedExjcreatedjajfirst-moverjadvantagejbyjdevelopingjitsjcustomerjself-
servicejsoftware,jwhichjallowsjpeoplejtojrequestjparceljpickups,jprintjmailingjslips,jandjtrackjp
arcelsjonline.
Answer:j TRUEjDifficulty
:j1jEasy
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanal
ysis.
Gradable:j j automatic
9) AjSWOTjanalysisjwilljevaluatejpotentialjinternaljstrengths,jinternaljweaknesses,jandjexternaljopp
ortunities.
Answer:j TRUEjDifficulty
:j1jEasy
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanaly
sis.
Gradable:j j automatic
3
Copyrightj2020j©jMcGraw-
HilljEducation.jAlljrightsjreserved.jNojreproductionjorjdistributionjwithoutjthejpriorjwrittenjconsentjofjMcGraw-
HilljEducation.
mynursytest.store
, DOWNLOAD THE Test Bank for Business Driven Technology 8th Edition Baltz
j j j j j j j j j j
an
10) AjSWOTjanalysisjevaluatesjanjorganization'sjstrengths,jweaknesses,jopportunities,jandjthr
eatsjtojidentifyjsignificantjinfluencesjthatjworkjforjorjagainstjbusinessjstrategies.
Answer:j TRUEjDifficulty
:j1jEasy
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanaly
sis.
Gradable:j j automatic
11) AjSWOTjanalysisjevaluatesjanjorganization'sjstrengths,jweaknesses,jobjectives,jandjthreats.
Answer:j FALSEjDifficult
y:j1jEasy
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanal
ysis.
Gradable:j j automatic
12) AjSWOTjanalysisjevaluatesjanjorganization'sjstrengths,jworries,jopportunities,jandjtech
nologiesjtojidentifyjsignificantjinfluencesjthatjworkjforjorjagainstjbusinessjstrategies.
Answer:j j FALSE
Explanation:j AjSWOTjanalysisjevaluatesjanjorganization'sjstrengths,jweaknesses,jopportunities,ja
ndjthreatsjtojidentifyjsignificantjinfluencesjthatjworkjforjorjagainstjbusinessjstrategies.
Difficulty:j1jEasy
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanaly
sis.
Gradable:j j automatic
4
Copyrightj2020j©jMcGraw-
HilljEducation.jAlljrightsjreserved.jNojreproductionjorjdistributionjwithoutjthejpriorjwrittenjconsentjofjMcGraw-
HilljEducation.
mynursytest.store
j j j j j j j j j j
an
BusinessjDrivenjTechnology,j8ej(Baltzan)jChapte
rj2 IdentifyingjCompetitivejAdvantages
1) Ajleadershipjplanjthatjachievesjajspecificjsetjofjgoalsjorjobjectivesjisjajbusinessjstrategy.
Answer:j TRUEjDifficulty
:j1jEasy
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanaly
sis.
Gradable:j j automatic
2) Whenjajcompanyjisjthejfirstjtojmarketjwithjajcompetitivejadvantage,jitjgainsjajparticularjbene
fitjknownjasjcompetitivejintelligence.
Answer:j j FALSE
Explanation:j Whenjajcompanyjisjthejfirstjtojmarketjwithjajcompetitivejadvantage,jitjgainsjajparticular
jbenefitjknownjasjajfirst-moverjadvantage.
Difficulty:j1jEasy
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanaly
sis.
Gradable:j j automatic
3) Tojcombatjbusinessjchallenges,jleadersjcommunicatejandjexecutejbusinessjstrategiesj(fromjthej
Greekjwordjstratusjforjarmyjandjagojforjleading).
Answer:j TRUEjDifficulty
:j2jMedium
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Understand
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanaly
sis.
Gradable:j j automatic
1
Copyrightj2020j©jMcGraw-
HilljEducation.jAlljrightsjreserved.jNojreproductionjorjdistributionjwithoutjthejpriorjwrittenjconsentjofjMcGraw-
HilljEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Business Driven Technology 8th Edition Baltz
j j j j j j j j j j
an
4) Businessesjrarelyjneedjtojupdatejbusinessjstrategiesjasjthejbusinessjenvironmentjremainsjrela
tivelyjstable.
Answer:j j FALSE
Explanation:j Businessesjconstantlyjneedjtojupdatejbusinessjstrategiesjasjthejbusinessjenvironmentjra
pidlyjchanges.
Difficulty:j2jMedium
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Understand
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanaly
sis.
Gradable:j j automatic
5) Increasingjsales,jdecreasingjcosts,jenteringjnewjmarkets,jorjdevelopingjnewjproductsjorjser
vicesjarejalljexamplesjofjsuccessfuljbusinessjstrategies.
Answer:j TRUEjDifficulty
:j2jMedium
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanaly
sis.
Gradable:j j automatic
6) Increasingjcostsjandjdecreasingjsalesjarejexamplesjofjbusinessjstrategies.
Answer:j j FALSE
Explanation:j Decreasingjcostsjandjincreasingjsalesjarejexamplesjofjbusinessjstrategies.jDifficulty:j2j
Medium
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanal
ysis.
Gradable:j j automatic
2
Copyrightj2020j©jMcGraw-
HilljEducation.jAlljrightsjreserved.jNojreproductionjorjdistributionjwithoutjthejpriorjwrittenjconsentjofjMcGraw-
HilljEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Business Driven Technology 8th Edition Baltz
j j j j j j j j j j
an
7) Ajfirst-
moverjadvantagejisjthejprocessjofjgatheringjinformationjaboutjthejcompetitivejenvironment,jin
cludingjcompetitors'jplans,jactivities,jandjproducts,jtojimprovejajcompany'sjabilityjtojsucceed.
Answer:j j FALSE
Explanation:j Competitivejintelligencejisjthejprocessjofjgatheringjinformationjaboutjthejcompetitivej
environment,jincludingjcompetitors'jplans,jactivities,jandjproducts,jtojimprovejajcompany'sjabilityjtoj
succeed.
Difficulty:j1jEasy
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanaly
sis.
Gradable:j j automatic
8) FedExjcreatedjajfirst-moverjadvantagejbyjdevelopingjitsjcustomerjself-
servicejsoftware,jwhichjallowsjpeoplejtojrequestjparceljpickups,jprintjmailingjslips,jandjtrackjp
arcelsjonline.
Answer:j TRUEjDifficulty
:j1jEasy
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanal
ysis.
Gradable:j j automatic
9) AjSWOTjanalysisjwilljevaluatejpotentialjinternaljstrengths,jinternaljweaknesses,jandjexternaljopp
ortunities.
Answer:j TRUEjDifficulty
:j1jEasy
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanaly
sis.
Gradable:j j automatic
3
Copyrightj2020j©jMcGraw-
HilljEducation.jAlljrightsjreserved.jNojreproductionjorjdistributionjwithoutjthejpriorjwrittenjconsentjofjMcGraw-
HilljEducation.
mynursytest.store
, DOWNLOAD THE Test Bank for Business Driven Technology 8th Edition Baltz
j j j j j j j j j j
an
10) AjSWOTjanalysisjevaluatesjanjorganization'sjstrengths,jweaknesses,jopportunities,jandjthr
eatsjtojidentifyjsignificantjinfluencesjthatjworkjforjorjagainstjbusinessjstrategies.
Answer:j TRUEjDifficulty
:j1jEasy
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanaly
sis.
Gradable:j j automatic
11) AjSWOTjanalysisjevaluatesjanjorganization'sjstrengths,jweaknesses,jobjectives,jandjthreats.
Answer:j FALSEjDifficult
y:j1jEasy
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanal
ysis.
Gradable:j j automatic
12) AjSWOTjanalysisjevaluatesjanjorganization'sjstrengths,jworries,jopportunities,jandjtech
nologiesjtojidentifyjsignificantjinfluencesjthatjworkjforjorjagainstjbusinessjstrategies.
Answer:j j FALSE
Explanation:j AjSWOTjanalysisjevaluatesjanjorganization'sjstrengths,jweaknesses,jopportunities,ja
ndjthreatsjtojidentifyjsignificantjinfluencesjthatjworkjforjorjagainstjbusinessjstrategies.
Difficulty:j1jEasy
Topic:j IdentifyingjCompetitivejAdvantagesjBloom'
s:j Remember
Accessibility:j j KeyboardjNavigation
LearningjOutcome:j 02-
01jExplainjwhyjcompetitivejadvantagesjarejtemporaryjalongjwithjthejfourjkeyjareasjofjajSWOTjanaly
sis.
Gradable:j j automatic
4
Copyrightj2020j©jMcGraw-
HilljEducation.jAlljrightsjreserved.jNojreproductionjorjdistributionjwithoutjthejpriorjwrittenjconsentjofjMcGraw-
HilljEducation.
mynursytest.store
