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BUSN 412 Week 3 Quiz (DEVRY)

BUSN 412 Week 3 Quiz (DEVRY)


1. Question :


Information technology, such as email, has increased in organizations over the years, which has helped to:


Restrict social network growth


Create smaller social networks


Communicate information efficiently


Make more effective use of time in every situation


2. Question :


The following characterizes the creation of knowledge assets:


High upfront costs and subsequent high variable costs


High fixed costs and high variable costs


Low upfront costs and high variable costs


High upfront costs and low variable costs


3. Question :


John Steele was asked to take over a project after the entire team left his organization. The term that describes his ability to reconstruct what the team had accomplished through reading emails exchanged by the previous team's members can be considered:


Inefficient use of information management


Using tacit knowledge


Usage of project knowledge


Using explicit knowledge


4. Question :


The following are examples of how intellectual property can be managed except:


Converting explicit knowledge to tacit knowledge


Copyrights and trademarks


Patents


Contracts with confidentiality and noncompete clauses


5. Question :


Dynamic capabilities include all of the following except:


Learning and innovating


The ability of an organization to challenge the conventional industry in its industry and market


Becoming more efficient in operational processes


Continuously adopting new ways of serving the evolving needs of the market


6. Question :


When there are few segments, the emphasis on process design is low, and the major functional areas of concern are general management and finance, this can be said to be the ____________ stage of the industry life cycle.


growth


maturity


decline


introduction


7. Question :


When there is(are) ____________________, we should likely pursue a harvest strategy:


decline in the market life cycle


high growth


strong competitive advantage


mergers and acquisitions


8. Question :


During the decline stage of the industry life cycle, __________ refers to obtaining as much profit as possible and requires that costs be decreased quickly.


maintaining


harvesting


exiting


consolidating


9. Question :


Research shows that the following are all strategies used by firms engaged in successful turnarounds except:


Asset and cost surgery


Selective product and market pruning


Global expansion


Piecemeal productivity improvements


10. Question :


It can be said that during a turnaround, piecemeal productivity improvements do not involve:


Expansion of a firm's product market scope


Business process reengineering


Increased capacity utilization


Benchmarking


11. Question :


Use the value chain as a framework to explain how a firm can achieve a competitive advantage of overall cost leadership.


BUSN 412 Week 3 Quiz (DEVRY)



http://www.fres-courses.com/product/busn-412-week-3-quiz-devry

BUSN 412 Week 3 Quiz (DEVRY)


1. Question :


Information technology, such as email, has increased in organizations over the years, which has helped to:


Restrict social network growth


Create smaller social networks


Communicate information efficiently


Make more effective use of time in every situation


2. Question :


The following characterizes the creation of knowledge assets:


High upfront costs and subsequent high variable costs


High fixed costs and high variable costs


Low upfront costs and high variable costs


High upfront costs and low variable costs


3. Question :


John Steele was asked to take over a project after the entire team left his organization. The term that describes his ability to reconstruct what the team had accomplished through reading emails exchanged by the previous team's members can be considered:


Inefficient use of information management


Using tacit knowledge


Usage of project knowledge


Using explicit knowledge


4. Question :


The following are examples of how intellectual property can be managed except:


Converting explicit knowledge to tacit knowledge


Copyrights and trademarks


Patents


Contracts with confidentiality and noncompete clauses


5. Question :


Dynamic capabilities include all of the following except:


Learning and innovating


The ability of an organization to challenge the conventional industry in its industry and market


Becoming more efficient in operational processes


Continuously adopting new ways of serving the evolving needs of the market


6. Question :


When there are few segments, the emphasis on process design is low, and the major functional areas of concern are general management and finance, this can be said to be the ____________ stage of the industry life cycle.


growth


maturity


decline


introduction


7. Question :


When there is(are) ____________________, we should likely pursue a harvest strategy:


decline in the market life cycle


high growth


strong competitive advantage


mergers and acquisitions


8. Question :


During the decline stage of the industry life cycle, __________ refers to obtaining as much profit as possible and requires that costs be decreased quickly.


maintaining


harvesting


exiting


consolidating


9. Question :


Research shows that the following are all strategies used by firms engaged in successful turnarounds except:


Asset and cost surgery


Selective product and market pruning


Global expansion


Piecemeal productivity improvements


10. Question :


It can be said that during a turnaround, piecemeal productivity improvements do not involve:


Expansion of a firm's product market scope


Business process reengineering


Increased capacity utilization


Benchmarking


11. Question :


Use the value chain as a framework to explain how a firm can achieve a competitive advantage of overall cost leadership.


BUSN 412 Week 3 Quiz (DEVRY)



http://www.fres-courses.com/product/busn-412-week-3-quiz-devry

BUSN 412 Week 3 Quiz (DEVRY)


1. Question :


Information technology, such as email, has increased in organizations over the years, which has helped to:


Restrict social network growth


Create smaller social networks


Communicate information efficiently


Make more effective use of time in every situation


2. Question :


The following characterizes the creation of knowledge assets:


High upfront costs and subsequent high variable costs


High fixed costs and high variable costs


Low upfront costs and high variable costs


High upfront costs and low variable costs


3. Question :


John Steele was asked to take over a project after the entire team left his organization. The term that describes his ability to reconstruct what the team had accomplished through reading emails exchanged by the previous team's members can be considered:


Inefficient use of information management


Using tacit knowledge


Usage of project knowledge


Using explicit knowledge


4. Question :


The following are examples of how intellectual property can be managed except:


Converting explicit knowledge to tacit knowledge


Copyrights and trademarks


Patents


Contracts with confidentiality and noncompete clauses


5. Question :


Dynamic capabilities include all of the following except:


Learning and innovating


The ability of an organization to challenge the conventional industry in its industry and market


Becoming more efficient in operational processes


Continuously adopting new ways of serving the evolving needs of the market


6. Question :


When there are few segments, the emphasis on process design is low, and the major functional areas of concern are general management and finance, this can be said to be the ____________ stage of the industry life cycle.


growth


maturity


decline


introduction


7. Question :


When there is(are) ____________________, we should likely pursue a harvest strategy:


decline in the market life cycle


high growth


strong competitive advantage


mergers and acquisitions


8. Question :


During the decline stage of the industry life cycle, __________ refers to obtaining as much profit as possible and requires that costs be decreased quickly.


maintaining


harvesting


exiting


consolidating


9. Question :


Research shows that the following are all strategies used by firms engaged in successful turnarounds except:


Asset and cost surgery


Selective product and market pruning


Global expansion


Piecemeal productivity improvements


10. Question :


It can be said that during a turnaround, piecemeal productivity improvements do not involve:


Expansion of a firm's product market scope


Business process reengineering


Increased capacity utilization


Benchmarking


11. Question :


Use the value chain as a framework to explain how a firm can achieve a competitive advantage of overall cost leadership.