11 May WHICH OF THE FOLLOWING IS AN INTERNAL DRIVER OF DYNAMISM?
Why would a company with a competitive advantage keep
prices lower than its competitive position would otherwise allow?
A) To develop a low-cost leadership position
B) To reduce industry barriers to entry
C) To eliminate competition and create a monopoly
D) To gain market share
152) Why is it difficult for companies to sustain a competitive
advantage over a long period of time?
A) Entry of new competitors
B) Dated technology
C) Underperformance of competitors
D) Supplier initiatives
153) Which of the following is an internal driver of dynamism?
A) Competitive position
B) Stability
C) Experimentation
D) Identification
154) Which of the following is an external driver of dynamism?
A) Risk taking
B) Costs
C) Technology
D) Continuous learning
155) A company that chooses to compete in an industry with hyper-competition
is doing so because:
A) A few large firms tend to dominate in terms of both size
and brands.
B) It has a structure that is intricate and complex.
C) It has a strategy that is matched to the industry over a
long period of time.
D) It is adept at making rapid changes in strategy.
156) Tim Hortons was more successful in Canada than
Krispy Kreme due to which of the following factors:
A) It was more adept at identifying fads.
B) It was able to alter the arenas it competed in.
C) It relied on direct advertising instead of gimmicks.
D) It was a younger company.
157)
What is the knowing-doing gap found among managers?
158)
How is the concept of strategy defined?
159)
What are three examples of vehicles?
160)
What are the five elements of the strategy diamond?
151) Why would a company with a competitive advantage keep
prices lower than its competitive position would otherwise allow?A) To develop a low-cost leadership positionB) To reduce industry barriers to entryC) To eliminate competition and create a monopolyD) To gain market share 152) Why is it difficult for companies to sustain a competitive
advantage over a long period of time?A) Entry of new competitorsB) Dated technologyC) Underperformance of competitorsD) Supplier initiatives 153) Which of the following is an internal driver of dynamism?A) Competitive positionB) Stability C) ExperimentationD) Identification 154) Which of the following is an external driver of dynamism?A) Risk takingB) CostsC) TechnologyD) Continuous learning 155) A company that chooses to compete in an industry with hyper-competition
is doing so because:A) A few large firms tend to dominate in terms of both size
and brands.B) It has a structure that is intricate and complex.C) It has a strategy that is matched to the industry over a
long period of time.D) It is adept at making rapid changes in strategy. 156) Tim Hortons was more successful in Canada than
Krispy Kreme due to which of the following factors:A) It was more adept at identifying fads.B) It was able to alter the arenas it competed in.C) It relied on direct advertising instead of gimmicks.D) It was a younger company. 157)
What is the knowing-doing gap found among managers?158)
How is the concept of strategy defined? 159)
What are three examples of vehicles? 160)
What are the five elements of the strategy diamond?
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