Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 2 2 points Save Answer Ford Motors announced last year that it will work with the popular home security firm ADT to setup a

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
Question 2 2 points Save Answer Ford Motors announced last year that it will work with the popular home security firm ADT to setup a company called 'Canopy' that will be specifically focused on developing products aimed at preventing car thefts. Canopy will combine ADT's professional security monitoring experience with Ford's Al-driven video camera technology to help customers strengthen security of new and existing vehicles across automotive brands. As per our class discussions, Canopy, which operates as a separate entity focused specifically on preventing car thefts is an example of: Joint Venture Merger Supply Sourcing AcquisitionQuestion 1 1 points Arm operating in an unstable and complex environment may generally benefit by adopting an organic structure True 0 False Q Moving to another question will save this response. Question 1 of 25 > >> Question 3 2 points Save Answer In a functional grouping of the firm's departments, employees with similar professional qualifications in functional areas (e.g., Finance, Marketing, HR, Operations etc.) are grouped together to consolidate their skills and knowledge. True FalseAmazon has recently started selling various everyday products under its own label of 'Amazon Basics.' By focusing on extremely efcient production and logistics processes. Amazon has been able to reduce the cost of production of these items. As a result, it is able to sell these items at a price that is substantially lower than the price at which other brands sell similar items. Thus, by reducing the cost of production, offering lowest prices on the products, and focusing on large volume of production and sales, Amazon hopes to gain profits based on the large quantity of items that it sells. A point to note is that these items do not necessarily have any unique feature or quality that sets them apart from items sold by other brands, except for their low price. What type of strategy is Amazon using in this case? Porters low cost leadership strategy Miles and Snow Reactor Strategy Porter's differentiation strategy Expansion strategy Question 5 t5 Save Answer As the uncertainty in the external environment of the firm increases, continuous and ongoing scanning and evaluation of the external environment becomes more important True False Q Moving to another question will save this response. >> Question 5 t5 Save Answer As the uncertainty in the external environment of the firm increases, continuous and ongoing scanning and evaluation of the external environment becomes more important True False Q Moving to another question will save this response. >> Question 6 2 points Save Answer Arm is operating in various different geographical regions that vary vastly in terms of customer tastes and preferences, cultural and political climate. etc. Given this infformation, what type of departmental grouping may be best suited for the rm to be able to deal with these region-specific differences in customer preferences, culture, regulation etc'? Holacracy Geographic grouping Vertical Grouping Functional grouping /_5\\ Moving to another question will save this response Question 6 of 25 Question 7 2 points Save Answer An organization's stakeholder is dened as any group inside or outside of the organization that has a stake in the organization's performance and can be affected by it. Stakeholders can include investors, shareholders, customers, suppliers, vendors, the community the rm operates in, employees, etc. Based on what we have discussed, these stakeholders almost always have very similar expectations from the rm, Hence, it is may be relatively easy for managers to set goals that meet these expectations. True False Q Moving to another question will save this response. >> Question 8 2 points Save Answer Firm A depends on Firm B for a resource that is very rare and not widely available elsewhere. Based on the concepts we studied in the class on inter-organizational relationships, we can say that rm A has higher power in the relationship between these two rms, True False Q Moving to another question will save this response. >> Question 9 1 points Save Answer When centralization is low, even employees in the lower levels of the organization will have a large amount of decision making authority and can feel empowered due to it True False Q Moving to another question will save this response. >> Question 10 1 points Save Answer The task environment is that part of a rm's external environment with which the firm interacts directly & which can have a direct impact on the rm's ability to achieve its goals True False

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Understanding Management

Authors: Richard L Daft, Dorothy Marcic

6th Edition

9780324581782, 324581785, 978-0324568387

More Books

Students also viewed these General Management questions

Question

Define the terms, tuple, attribute, and relation.

Answered: 1 week ago