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pLZ ANSWER EVERY SINGLE QUESTION 22. With regards to the value chain, an organiz

ID: 426628 • Letter: P

Question

pLZ ANSWER EVERY SINGLE QUESTION

22. With regards to the value chain, an organization can develop a competitive advantage:

A. In any of the primary or support activities

B. In the way primary and support activities are combined

C. In the way internal activities are linked to the external environment

D. Through activities that create value for the customer

E. All of these are ways to develop a competitive advantage

23. Strategic direction is reflected by:

A.The organization’s purpose

B.A definition of the organization’s business or businesses

C.The organization’s vision

D.The organizational mission

E.All of the above

24. Structural inertia is stronger:

A. In a firm that has been successful over a long period of time

B. In a firm with flexible systems and processes

C. In a firm with a weak culture

D. In a firm that has had low performance over a long period of time

E. When the economy is weak

25. A mission statement often contains:

A. An organization's vision

B. An organization's strengths and weaknesses

C. An organization's functional?level strategies

D. An organization's top management team membership

E. All of the above

26. The view of top management concerning what an organization can become is the organization's:

A. Business definition

B. Mission

C. Vision

D. Ethical dilemma

E. Enterprise strategy

Explanation / Answer

22. E. All of these are ways to develop a competitive advantage

23. E.All of the above

24. A. In a firm that has been successful over a long period of time

25. A. An organization's vision

26. C. Vision