BUSI 601 Exam 1
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• Question 1
2 out of 2 points
Which of the following is a contemporary management technique used by the management accountant to identify and monitor the costs of a product throughout all steps from product design to the finished product?
• Question 2
2 out of 2 points
The competitive strategy of differentiation requires that a product or service must be:
• Question 3
2 out of 2 points
Which of the following is not a benefit of using a lean manufacturing system?
• Question 4
2 out of 2 points
A strategy can be best defined as:
• Question 5
2 out of 2 points
In SWOT analysis, strengths and weaknesses are most easily identified by looking:
• Question 6
2 out of 2 points
Which of the following organizations presents awards to firms that excel at execution of strategy, based on criteria such as leadership, marketing, strategic planning and process management?
• Question 7
0 out of 2 points
Michael Porter's five competitive forces include which one of the following:
• Question 8
2 out of 2 points
Using value-chain analysis, a firm can develop a competitive advantage by specifically looking for ways to:
• Question 9
2 out of 2 points
The differentiation strategy requires all of the following resources, except:
• Question 10
2 out of 2 points
Which of the following is not a key benefit of the balanced scorecard (BSC)?
• Question 11
2 out of 2 points
When a firm is determining its opportunities and threats, which of the following would not be mentioned?
• Question 12
2 out of 2 points
The five steps of strategic decision making include all of the following steps except:
• Question 13
2 out of 2 points
The cost of goods that were finished and...