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NEW QUESTION 33
Porter suggests that competitive advantage can be attained by organising value-adding activities in support of the generic strategies which he identified.
Place the appropriate generic strategy against each of the value-adding activities.
Answer:
Explanation:
NEW QUESTION 34
Company TTT produces a range of products, including products T1 and T5.
Product T1: Profitability has declined in recent years, although small profits continue to be made as the market contracts due to changing customer pReferences. Overall market share is low and continues to reduce.
However, in addition to external sales T1 is also used as a component of product T5.
Product T5: A market leader within a low growth market, sources components both externally and from TTT's other subsidiaries. T5 benefits from significant economies of scale and TTT has recently considered modernizing its T5 production line but following a cost benefit analysis, decided not to proceed.
Which of the following is an appropriate strategy for TTT to adopt?
- A. Divest product T1 and Harvest product T5.
- B. Harvest product T1 and Divest product T5.
- C. Harvest both product T1 and product T5.
- D. Divest both product T1 and product T5.
Answer: B
NEW QUESTION 35
Which THREE of the following frameworks are used solely to evaluate the external environment of an Organization?
- A. Porter's Diamond
- B. Porter's Five Forces Model
- C. Porter's Value Chain
- D. PEST Analysis
- E. Kaplan and Norton's Balanced Scorecard
Answer: A,B,D
NEW QUESTION 36
CCC is a software design company. The Board of CCC has always openly encouraged partnerships with a wide range of designers and other organizations in its industry in order to continually develop and enhance the services it offers and to utilize the expertise and knowledge of a range of individuals and organizations. CCC's staff have also been highly creative and innovative in the design services they provide. CCC regularly analyses and keeps up to date with changes in the environment in which it operates. CCC operates a sophisticated website to promote its services and keep in touch with its service users.
Which TWO of the following attributes of a change adept organization, as defined by Kanter, has CCC demonstrated? (Choose two.)
- A. Environmental awareness
- B. Openness to collaborate
- C. Continual service development
- D. Sophisticated systems
- E. Imagination to innovate
Answer: B,E
NEW QUESTION 37
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