BUS 490 Entire Course New Flashcards
BUS 490 Quiz 3 NEW Check this A+ tutorial guideline at http://www.assignmentcloud.com/bus-490/bus-490-quiz-3-new For more classes visit http://www.assignmentcloud.com/ BUS 490 Quiz 3 NEW
Question 1
Collecting and evaluating information on competitors is essential for successful
• Question 2
The process of performing an external audit needs to include
• Question 3
What level of bargaining power do consumers have when the products being purchased are standard or undifferentiated?
• Question 4
________ perhaps has instituted the most protectionist measures in recent months by raising tariffs on most imports and subsidizing its own exports.
• Question 5
If suppliers are unreliable or too costly, which of these strategies may be appropriate?
• Question 6
Hawaii, California, and ________ already have no majority race or ethnic group.
• Question 7
In general, what happens to American goods in overseas markets when there is a strong dollar?
• Question 8
Which of the states below has the youngest average population?
• Question 9
What are educated assumptions about future trends and events called?
• Question 10
The responsibilities of a director of competitive analysis include all of the following except:
• Question 11
What is the first step in designing an EFE Matrix?
• Question 12
Many economists say the current rash of trade constraints will make it ________ for global economic growth to recover from the global recession.
• Question 13
Freund emphasizes that key external factors should be all of these except:
• Question 14
A total weighted score of _______ in an EFE Matrix indicates that the firm’s strategies are not capitalizing on opportunities or avoiding external threats.
• Question 15
Without assumptions, planning would be
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BUS 490 week 2 Quiz NEW Check this A+ tutorial guideline at http://www.assignmentcloud.com/bus-490/bus-490-week-2-quiz-new For more classes visit http://www.assignmentcloud.com/ BUS 490 week 2 Quiz NEW
Question 1
The strategic-management process
• Question 2
The goal of strategic management is to
• Question 3
A strong ________ heritage underlies the study of strategic management.
• Question 4
The one factor that has most significantly impacted the nature and core of buying and selling in nearly all industries has been
• Question 5
Superior strategy formulation and implementation ________ an opponent’s superiority in numbers and resources.
• Question 6
What are enduring statements of purpose that distinguish one business from other similar firms?
• Question 7
The Internet has transferred power from ________ to ________.
• Question 8
The first step in strategic planning is generally
• Question 9
Which phase of strategic management is called the action phase?
• Question 10
Internal ________ are activities in an organization that are performed especially well.
• Question 11
What can be defined as the art and science of formulating, implementing and evaluating cross-functional decisions that enable an organization to achieve its objectives?
• Question 12
What are guides to decision making?
• Question 13
Anything that a firm does especially well compared to rival firms is referred to as
• Question 14
How do line managers become “owners” of the strategy?
• Question 15
Which individuals are most responsible for the success and failure of an organization?
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BUS 490 Week 4 Assignment 1 Preparing a Comprehensive Case Analysis, Part 1 NEW
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BUS 490 Week 4 Assignment 1 Preparing a Comprehensive Case Analysis, Part 1 NEW
Assignment 1: Preparing a Comprehensive Case Analysis, Part 1
Due Week 4 and worth 200 points
Research a public corporation that you believe is not doing as well as it could in the marketplace. For this first paper, you will complete the first steps of a comprehensive written analysis as described in Part 6 of the textbook. The written analysis will be completed in the second written assignment in this course.
Write a 4–5 page paper in which you:
- Identify the firm’s existing objectives and strategies.
- Explain one (1) strategy that the company might use to take advantage of an external opportunity, and one (1) strategy that the company might use to address a potential threat.
- Construct a Competitive Profile Matrix. Include the company you are researching and one or two (1 or 2) of its major competitors and at least six (6) success factors that you believe to be critical to success in this industry. This Matrix should follow the format of the examples in Chapter 3.
- Construct an External Factor Evaluation Matrix. This Matrix should follow the format of the examples in Chapter 3.
- Research and cite at least three (3) reputable, academic sources.
Your assignment must follow these formatting requirements:
• Be typed, double-spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
• Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
• Explain the concepts and models of the strategic management process, including strategy formulation, implementation, and evaluation.
• Conduct an industry analysis (external audit) and an internal audit of an organization, and present the results using various matrices and analysis tools.
• Use technology and information resources to research issues in business policy.
• Write clearly and concisely about business policy using proper writing mechanics.
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BUS 490 Week 8 Assignment 2 Preparing a Comprehensive Case Analysis, Part 2 NEW
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BUS 490 Week 8 Assignment 2 Preparing a Comprehensive Case Analysis, Part 2 NEW
Assignment 2: Preparing a Comprehensive Case Analysis, Part 2
Due Week 8 and worth 275 points
Write a 5-6 page paper in which you complete the remaining steps of a comprehensive written analysis as described in Part 6 of the textbook, specifically:
- Prepare any two (2) of the following matrices to justify the strategies you will be recommending: SWOT Matrix, SPACE Matrix, BCG Matrix, IE Matrix, Grand Strategy Matrix, and QSP Matrix.
- Discuss the advantages and disadvantages of at least two (2) alternative strategies.
- Recommend specific strategies and objectives for the firm to follow over the next three (3) years. Include an itemized estimate of costs for each year.
- Compare and contrast your recommendations to the actual strategies planned by the company.
- Specify how your recommendations can be implemented and the results you expect. Include a recommended timetable for the action items you are suggesting.
- Explain in detail how you will review and evaluate the success of the strategies you recommended.
- Research and cite at least three (3) reputable, academic sources.
Your assignment must follow these formatting requirements:
• Be typed, double-spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
• Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required assignment page length.
The specific course outcomes associated with this assignment are:
• Describe the application of the various types of basic alternative strategies and considerations for their use.
• Formulate business strategies through an analysis of the operating environments (external and internal, domestic and international).
• Integrate knowledge of the various business disciplines and develop alternative strategic actions to fit a variety of operational environments.
• Explain the key management issues associated with strategy implementation and the considerations for managing change.
• Use technology and information resources to research issues in business policy.
• Write clearly and concisely about business policy using proper writing mechanics.
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