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WPC 480 FINAL EXAM QUESTIONS AND CORRECT ANSWERS

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WPC 480 FINAL EXAM QUESTIONS AND CORRECT ANSWERS

Instelling
WPC 480
Vak
WPC 480

Voorbeeld van de inhoud

What's horizontal integration?


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involves a company acquiring or merging with another company in the
same industry that operates at the same point in the value chain.




Denise wants to clearly communicate and create a ________, a key input control, before
her team tackles business activities. This way the team will be able to better allocate
her firm's scarce resources in order to accomplish the tasks at hand.


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budget

,What's forward vertical integration?


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involves acquiring a business further up (forward) in the supply chain - e.g.
a vehicle manufacturer buys a car retail business.




Bob is the strategic business unit (SBU) CEO in charge of manufacturing cufflinks for
men's clothing. While the market he competes in is low growth, Bob's SBU's earnings
and cash flow are both ranked at high and stable. When examining Bob's SBU through
the Boston Consulting Group (BCG) matrix lens, we can conclude that his SBU would
be classified as a


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cash cow




Mechanistic structures are typified by wide spans of control, decentralization, low
specialization and formalization and loose departmentalization. Is this statement true
or false?


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False; Mechanistic structures are those that resemble a bureaucracy. These
structures are highly formalized and centralized. Communication tends to
follow formal channels and employees are given specific job descriptions
delineating their roles and responsibilities.

, what is a strategic alliance?


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voluntary arrangements between firms that involve the sharing of
knowledge, resources, and capabilities with the intent of developing
processes, products, or services.




what is physical asset specificity?


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a form of specialized assets that refers to assets whose physical and
engineering properties are designed to satisfy a particular customer.




Condax Electronics relied on a large chain of consumer electronics stores to sell its
tablet computers, cell phones, and televisions and also to provide customer service
and technical support. However, that retailer outsourced its service departments, and
customers began to complain that they could not get reliable tech support for
Condax products. In response, Condax Electronics decided to set up its own tech
support department, and it also began to investigate opening its own brand-based
retail stores. What does this scenario best illustrate?


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Forward vertical integration




Which of the following statements is true of organizational culture?

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