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Exam (elaborations)

MANA 4322: Final Exam Answered Correctly.
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Entrepreneurship - Answer the creation of new value that involves the assumption of risk. Three attributes needed for Entrepreneurship to occur: - Answer 1. Opportunity - changes in the business environment, new technology, and social cultural trends. 2. Resources - Money, Human Capital and Social Capital 3. Entrepreneurs - Vision, Dedication and drive, commitment to excellence Two Phases of opportunity: - Answer 1. Discovery phase - When you first become aware of new ...
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MANA 4322: Exam 2 Questions with Correct Answers (UTA)Updated.
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Entrepreneurship - Answer the creation of new value by an existing organization or new venture that involves the assumption of risk New Value created by entrepreneurship - Answer Start-up ventures, major corporations, family-owned business, nonprofit organizations, established institutions Opportunity recognition - Answer Two phases of activity; Discovery and evaluation Discovery phase - Answer becoming aware of a new business concept Evaluation phase - Answer...
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MANA 4322: Final Exam CH 7 & 8 Test Questions and All Actual Answers 2025-2026 Updated.
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34. (p. 241) A major trend in international developments includes A. greater international trade and operations. B. a growing recognition of an international managerial perspective. C. a large increase in international investment. D. all of these. - Answer D 35. (p. 241) The reasons that explain why some governments make better use of the inflows from foreign investment and know-how than others include all of the following EXCEPT A. governmental practices that are bu...
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MANA 4322:012 CH3/CH4 Test Questions and Actual Answers.
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Value-Chain Analysis - Answer Views the organization as a sequential process of value-creating activities Value - Answer - The amount that buyers are willing to pay for what a firm provides them - Measured by total revenue Value Chain: Primary Activities definition - Answer Contribute to the physical creation of the product or service, its sale and transfer to the buyer, and its service after the sale Value Chain Primary Activities includes... - Answer - Inbound...
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Mana 4322: Chapter 2 Study Guide Questions and Answers.
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Three Inputs to Forecasting? - Answer 1) Environmental Scanning 2) Environmental Monitoring 3) Competitive Intelligence External Scanning - Answer Surveillance of a firm’s external environment to predict environmental changes and detect changes already under way. - Alerts the firm to critical trends before changes have developed a discernible pattern and before competitors recognize them. External Monitoring - Answer A firms analysis of the external environment th...
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MANA 4322: Exam 1 CH 1-6
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Environmental Scanning - Answer involves surveillance of a firm's external environment Environmental Monitoring - Answer tracks evolution of environmental trends Competitive Intelligence - Answer -Helps firms define & understand their industry -Identifies rivals' strengths & weaknesses -Helps firms avoid surprises -Beware of the potential for unethical behavior while gathering intelligence Environmental Forecasting - Answer Predicts change Scenario An...
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MANA 4322: Final Exam 2 Questions with Complete Solutions 2025-2026 Updated.
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globalization - Answer a term that has two meanings: (1) the increase in international exchange, including trade in goods and services as well as money, ideas, and information; (2) the growing similarity of laws, rules, norms, values, and ideas across countries diamond of national advantage - Answer a framework for explaining why countries foster successful multinational corporations; consists of four factors -- factor endowments, demand conditions, related and supporting industri...
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Mana 4322: Exam 1 Test Questions with Complete Solutions.
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romantic view of leadership - Answer situations in which the leader is the key force detemining the organization's success -- or lack thereof external control view of leadership - Answer situations in which external forces -- where the leader has limited influence -- determine the organization's success strategic management - Answer the analyses, decisions, and actions an organization undertakes in order to create and sustain competitive advantages strategy - Ans...
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MANA 4322: Exam II Test Questions and Answers.
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Corporate strategy - Answer Identifies a set of businesses, markets, or industries in which an organization competes and the distribution of resources among those entities Vertical growth - Answer Involves acquisition or development of new businesses that produce parts or components of the organization's product Horizontal growth - Answer Adds new businesses that produce related products or are involved in related markets and activities. Diversification - Answer ...
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MANA 4322 Exam 1 Test Questions and Correct Answers 2025-2026 Updated.
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May 2026

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Two Perspectives of Leadership - Answer romantic view and external control Romantic View - Answer leader is key force in org's success External Control Perspective - Answer focus is on external factors that may affect org's success Strategic Management ("SM") - Answer analyses, decisions, and actions an org undertakes in order to create and sustain competitive advantages Strategic Goals - Answer vision, mission, and strategic objectives; inte...
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