T 410:41 78128A= . . . 100% moodle.wowplatform.edu.au a UNIVERSITY OF WOLLONGONG AUSTRALIA . Complete the quiz in one sitting only (you cannot log out and then log in to complete the quiz in more than one sitting) There will be 40 multiple choice questions in the quiz covering content from lectures covered. . 60 minutes time limit Question 23 A company's mission statement typically addresses which question? Not yet A company's mission statement typically addresses which question? answered Marked out of 1 O a. Who we are and what do we do? Flag O b. What objectives and level of performance do we want to achieve? question O c. What approach should we take to achieve sustainable competitive advantage? O d. What business model should we employ to achieve our objectives and our vision? O e. Where are we going and what should our strategy be? Question 24 Good corporate citizens Not yet Good corporate citizens answered Marked out of 1 O a. identify up-and-coming managers who have a future in local- or state- Flag level politics. question O b. provide work-from-home options to working mothers residing in distant locations. O c. create a democratic workplace whereby the voices of lower-level employees are heard through representation on the board of directors. O d. go beyond meeting society's expectations for ethical strategies and business behavior by fostering social benefit and balancing the interests of all. O e. develop and market only products that are "environmentally friendly." Previous page Next page Quiz navigation 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20'FF'lOItl'l 712EIJa: '5'91000/0- moodle.uowplatf0rm.edu.au : :3 UNIVERSITY 5'3 : OF WOLLONGONG AUSTRALIA QUEStiO\" 21 The difference between a merger and an acquisition is that Not yet The difference between a merger and an acquisition is that answered Marked out of 1 O a. a merger is a combination of three or more companies, whereas an '7 Flag acquisition is a pooling of interests of just two companies. queStiO" O b. a merger is the combining of two or more companies into a single corporate entity, whereas an acquisition involves one company (the acquirer. purchasing and absorbing the operations of another company (the acquired. O c. a merger involves two or more companies deciding to adopt the same strategy, whereas an acquisition involves one company taking over the strategy-making function of another company. 0 d. in a merger, the companies retain their original names, whereas in an acquisition the name of the company being acquired is changed to be the name of the acquiring company. 0 e. a merger involves one company purchasing the assets of another company with cash, whereas an acquisition involves a company acquiring another company by buying all of the shares of its common stock. QUEStiO\" 22 A potato chip manufacturer purchases a potato farm. Which of the following Not yet A potato chip manufacturer purchases a potato farm. Which of the following answered regarding its strategy is true? Marked out of 'l l? Flag 0 a. The manufacturer has effectively reduced its operating costs by question outsourcing its activities. 0 b. The manufacturer has effectively used vertical integration to increase its bargaining position and reduce transaction costs. 0 c. The manufacturer has sacrificed quality by using a lower-cost input. 0 d. The manufacturer has efficiently capitalized on the experience and learning-curve effects within the company. 0 e. The manufacturer has enhanced utilization by allowing depreciation and other fixed costs to be spread over a larger unit volume. Previous page $431042 7H12EIE: 1' @1000/0- moodle.uowplatforn"i.edu.au :12: UNIVERSITY .5\": OF WOLLONGONG :- AUSTRALIA 0 Choose the most appropriate answer from the options provided under each question. 0 This quiz is worth 20% of the overall subject grade. Each question carries equal weight. 0 Complete the quiz in one sitting only {you cannot log out and then log in to complete the quiz in more than one sitting) 0 There will be 40 multiple choice questions in the quiz covering content from lectures covered. 0 60 minutes time limit QUEStiO\" 29 The five forces of competitive pressures do not include: Not Va The five forces of competitive pressures do not include: answered Marked out of 1 O a. the power and influence of social/demographic trends. '7 ag 0 b. the market maneuvering and jockeying for buyer patronage that goes on question among rival sellers in the industry. 0 c. the threat of new entrants into the market. 0 d. the attempts of companies in other industries to win customers over to their own substitute products. 0 e. the bargaining power of suppliers and seller-supplier collaboration. QUESU'O\" 30 A core competence: Not yet A core competence: answered Marked out 0\" Q a. is often grounded in a single department's set of knowledge and expertise. V7 \"39 O b. detracts from a company's arsenal of competitive capabilities and t' . . . . ques '0" competitive assets and is not a resource strength considered to be genuine. O c. is typically results-based, residing in a company's tangible physical assets on the balance sheet. 0 d. is a more competitively valuable strength than a competence because of the key role the activities play in the company's strategy. 0 e. is a proficiently performed external activity. Previous page Quiz navigation 'FF'lOItlZ 712EIJa: '5'91000/0- moodleuowplatformedu.au :12: UNIVERSITY .5\": OF WOLLONGONG :- AUSTRALIA than one sitting) 0 There will be 40 multiple choice questions in the quiz covering content from lectures covered. 0 60 minutes time limit QUESth\" 31 How do good corporate citizens function? Not yet How do good corporate citizens function? answered Marked out of 1 O a. They seek to replace government functions with more efficient, market- l7 Flag driven solutions. queStiO" O b. They identify up-and-coming managers who have a future in local- or statelevel politics. 0 c. They create a democratic workplace where the voices of lower-level employees are heard through representation on the board of directors. 0 d. They are active participants in the political processes. 0 e. They pursue discretionary activities that contribute to the betterment of society, especially in areas where government has chosen not to focus its efforts or has fallen short. QUEStiO\" 32 Which one of the following is NOT part of conducting a SWOT analysis? Not yet Which one of the following is NOT part of conducting a SWOT analysis? answered Marked out DH 0 a. drawing conclusions about the company's overall business situation '7 \"39 O b. identifying a company's resource strengths and competitive capabilities question 0 c. identifying a company's market opportunities 0 d. matching the company's strategy to its resource strengths and market opportunities, correcting problematic weaknesses, and defending against worrisome threats 0 e. benchmarking the company's resource strengths and competitive capabilities against industry key success factors Previous page Next page Quiz navigation l1llzll3ll4ll5ll5ll7ll8H9llmll\"ll12ll13ll14ll15ll16ll17ll18ll19ll2l $431042 7H12EIE: 1' @1000/0- moodle.uowplatf0rm.edu.au : :3 UNIVERSITY 5'3 : OF WOLLONGONG _. AUSTRALIA QUEStiO\" 27 According to the school of ethical universalism Not yet According to the school of ethical universalism answered Marked out DH 0 a. concepts of right and wrong are universal within countries/societies but l7 Flag not across countries or cultures. queStiO" O b. concepts of what constitute ethical behavior and unethical behavior are dictated by subjectively provable moral principles but not by objectively provable moral principles. 0 c. concepts of what is ethical and what is unethical are socially determined, leaving room for variation from country to country or circumstance to circumstance. Q d. all societies and countries are obligated to apply universally defined ethical principles of right and wrong as set forth by a global body that formulates the Code of Ethical Behavior for the world. 0 e. to the extent there is common moral agreement about right and wrong actions and behaviors across multiple cultures and countries, there exists a set of universal ethical standards to which all societies and all individuals can be held accountable. QUEStiO\" 28 How organisations support business-level strategies by allocating resources Not yet How organisations support business-level strategies by allocating resources to answer\" create specific competitive advantages based on company activities is commonly Marked out of 1 summarised under the term: '7 Flag question 0 a. Corporate-level strategy 0 b. Functional-level strategy 0 c. Profitability C) d. Operational effectiveness 0 e. None of the above Previous page Next page Quiz navigation r. 1r_1r_1r _1r_1r_1r_1r-1r_1r._1r._1r._1r__1r_.1r__1r._1r__1r._1r._1r__1 TEF'IOIM 7H12Ella: 1' @1000/0- moodleuowplatformedu.au : :3 UNIVERSITY 5'3 : OF WOLLONGONG _. AUSTRALIA QUEStiO\" 25 The difference between a core competence and a distinctive competence is that a: Not yet The difference between a core competence and a distinctive competence is that a: answered Marked out efl O a. core competence is a competitively and strategically relevant activity that l7 Hag a firm performs well compared to its other activities, whereas a distinctive question competence is a competitively relevant activity a firm performs well compared to other rival firms. 0 b. distinctive competence refers to a company's strongest resource or competitive capability, whereas a core competence refers to a company's lowest-cost and most efficiently executed value-chain activity. 0 c. core competence usually resides in a company's base of intellectual capital, whereas a distinctive competence stems from the superiority of a company's physical and tangible assets. 0 d. core competence usually resides in a company's technology and physical assets, whereas a distinctive competence usually resides in a company's know-how, expertise, and intellectual capital. 0 e. core competence represents a resource strength, whereas a distinctive competence is achieved by having more resource strengths than rival companies. QUEStiO\" 26 A sustainable competitive advantage is gained when a company: Not yet A sustainable competitive advantage is gained when a company: answered Marked out efl Q a. has resources in well-populated geographical locations. '7 \"39 O b. has durable competitive assets that are central to its strategy and superior question to those of rival firms. 0 c. has sufficient resources to expedite its strategy. 0 d. can stand out relative to rivals because of resource utilization. C) e. realizes its inherent weaknesses are transformable to advantages. Previous page Next page Quiz navigation