MGMT 449 Final

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11 Terms

1
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Internal functional managers (e.g., HR manager)

Which of the following players would not be relevant for a Five Forces analysis for [specific] industry?

2
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Barriers to entry are low (e.g., little capital required, no patents, no strong brands).

The threat of new entrants is high when _______________.

3
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Coca-Cola launching a new juice brand.

Which one is not an example of vertical integration?

4
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Strategic alliances involve ownership transfer

Which one is not true about strategic alliances?

5
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Producing more of the same product to lower cost per unit

Which one is not an example of economies of scope?

6
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Two-sided markets only benefit one side of users

 Which one is not true about two-sided markets?

7
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Profits come from the base product

 Which one is not true about a razor-blade strategy?

8
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 IBM shifting from hardware to consulting and software.

Which description is an example of corporate strategy formulation?

9
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It always involves internal optimization

Which one is not true about strategic renewal and innovation in business?

10
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Managers always act in the best interest of shareholders

Which one is not true about agency theory?

11
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M&As always create value for the acquirer

Which one is not true about M&A (merger and acquisition)?