Which of the following is not one of Porter’s five forces

Question 13 out of 3 pointsThe basic principle of __________ is that incremental production costs decline at aconstant rate as production experience is gained.Learning curveQuestion 23 out of 3 pointsWhich of the following is not one of Porter’s five forces?Risk of existQuestion 30 out of 3 pointsActing with integrity, promoting sustainability, protecting the environment, are examples of____________.Question 43 out of 3 pointsYour firm has moved down the learning curve and is now producing a very high volume of goods,so high in fact that your purchasing department has been complaining about the high supply pricesfor raw materials that they have been paying because of the need to buy from the industry’s largestsupplier. It is now obvious that your firm _______________.Question 53 out of 3 points_________ are specific performance targets in each of the areas covered by a firm’smission.ObjectiveQuestion 63 out of 3 pointsAside from having a very intimidating top management that collectively does not want to hearbad news, the organization’s ________________ can contribute to poor ethical behavior amongits employees.Question 70 out of 3 pointsThe least costly basis of product differentation to duplicate _______.Product featuresQuestion 83 out of 3 pointsPorsche is an example of a company that pursues _________.Horizontal IntegrationQuestion 93 out of 3 pointsThe most important characteristic of a firm’s resources and capabilities, in termsof sustaining competitive advantage is ________.http://www.quickmba.com/strategy/competitive­advantage/Question 103 out of 3 pointsWhich of the following is a characteristic of a successful environmental scanning(ES) system?Question 113 out of 3 pointsWhich of the following would be considered an intangible resource?An intangible asset is an asset that lacks a physical substance.How it works/Example:For example, goodwill, patents, trademarks and copyrights are intangible assets. None of these assets can bephysically touched, but they can still have value.The line item for intangible assets is found on the balance sheet. Though goodwill is considered an intangibleasset, it’s often listed as a separate line item.[InvestingAnswers Feature: Financial Statements for Beginners — The Balance Sheet]Why it Matters:Intangible assets can be a significant percentage of a company’s total assets, and therefore have a big impacton a firm’s book value. In most cases, an analyst calculating book value will only include those intangibleassets that can be separated from the company and sold. Goodwill cannot be separated from the company, soit is generally not included in book value calculations. But a valuable patent can be sold, and would be includedin book value.To learn more, click here to see A Simple Method for Calculating Book Value.Question 120 out of 3 points______ is considered a vehicle in the Business Strategy Diamond.FranchisingC) AcquisitionsD) Joint venturesQuestion 130 out of 3 pointsWhich of the following is a nonfinancial performance metric?Question 140 out of 3 pointsHaving embedded innovation processes that result in an unique culture createscausal ambiguity that is difficult to imitate because it is ______.Question 153 out of 3 pointsDrivers of a low cost strategy can include which of the following?Question 160 out of 3 pointsThe total of primary and support activities by which a firm produces, distributes, and markets aproduct is best known as ____________.Question 170 out of 3 pointsLearning and creating strategies based oneveryday observation throughout thelower­levels of the organization is consistent with the notion of _____.Question 183 out of 3 pointsWith respect to the mobile phone industry, if Apple were to acquire Samsung this would__________________.Question 190 out of 3 pointsWhich of the following statements is correct?Question 200 out of 3 pointsWhen considering the VRINE model you could conclude that _______.Question 213 out of 3 pointsThe minimum scale needed to achieve maximum cost savings is also known as__________.Question 220 out of 3 pointsFrom the perspective of the United States Government, the rise of organizations such as ISIS in theMiddle East represents _____________,Question 230 out of 3 pointsAll of the following except ________ are considered first­mover advantages.Question 240 out of 3 pointsThe ___________perspective on competitive advantage enhances our understanding on why it isdifficult to sustain an advantage over rivals.Question 253 out of 3 pointsAn application of ___________ to ___________ might result in the followingconclusions: (1) High­quality inputs: valuable, not rare; (2) Consistency of product,quality of product, flexibility of manufacturing: valuable, not rare; (3) Speed andcompetence in maintaining customers’ canning lines, quality of technical advice:valuable, rare, costly to imitate.Question 263 out of 3 pointsShortcomings of the strategic managment process might include ______.Question 270 out of 3 pointsWhich of the following sources of cost advantage is the least costly to duplicate?Question 283 out of 3 pointsA firm that undertakes backward vertical integration and develops second sourcesis pursuing opportunities associated with neutralizing the threat of ________.Question 293 out of 3 pointsAll of the following except _______ are appropriate characteristics for organizingto implement product differentiation.Question 300 out of 3 pointsWhich of the following pressures does not favor industry globalization?Question 310 out of 3 pointsWhich of the following lowers the threat of rivalry in the industry?Question 320 out of 3 pointsInvestment, past success, interconnectedness of resources, time­compressiondiseconomies, causal ambiguity and invisible assets are important factors indetermining ________.Question 333 out of 3 pointsWhich of the following is true concerning intended and realized strategies?Question 343 out of 3 pointsDuring the fall 2014 football season, the University of Michigan Head Football Coach allowed aquarterback, whom had just experienced a concussion, to reenter the game. The public outcry fromthis incident resulted in forcing the Head Coach to fulfill his leadership role as __________.Question 353 out of 3 pointsTop management was interested in assessing the value of the knowledge, skills, and abilities of itsemployees but wanted to include a valuation of the processes within the company that facilitatedteamwork and cooperation across departments and divisions. Which of the following types ofcapital does top management need to assess?Question 360 out of 3 pointsThe PESTEL model is most commonly used to analyze the ____________.Question 373 out of 3 pointsWhich of the following are key evaluation criteria for testing the quality of yourstrategy?Question 383 out of 3 pointsLowering the price of your products below all of your competitors is ____________.Question 393 out of 3 pointsSources of cost advantages include which of the following?Question 403 out of 3 pointsWhich of the following is a major limitation of the SWOT framework?Question 413 out of 3 pointsWhich of the following is NOT one of the three overarching themes in strategicmanagement?Question 423 out of 3 pointsAn enabling organizational culture that encourages teamwork is an example of_________.Question 430 out of 3 points________ is a measure of anticipated firm performance.Question 440 out of 3 pointsWhich of the following characteristics of Toyota’s value chain is most likely to leadto a sustained competitive advantage?Question 450 out of 3 pointsA good strategy will utilize _______, neutralize ________, exploit _______, avoid _________.Question 460 out of 3 pointsStrategic management _________________.Question 473 out of 3 pointsUnder Armour’s addition of products such as AllSeason Gear, HeatGear, andColdGear is an example of ________.Question 483 out of 3 pointsWhich of the following is a limitation of accounting measures of firmperformance?Question 490 out of 3 pointsA firm’s theory of how to compete successfully should focus on _______.Question 500 out of 3 pointsIn order to be price competitive within Industry Z, competitors had to
move down a learning curve,achieve a minimum efficient scale that required tremendously high investment in physical plant andobtain the rights to rare and valuable raw materials. Which of the following of Porter’s 5­Forcesappears to be weak?Question 510 out of 3 pointsThe total of primary and support value­adding activities by which a firm produces,distributes, and markets a product is known as ______.Question 520 out of 3 pointsWhich of the following measures would be the least appropriate to use incomparing the performance of two firms that differed substantially in terms ofnumber of employees?Question 530 out of 3 pointsWhich of the following is not true about strategy and/or strategic management?Question 543 out of 3 pointsWhich of the following is true regarding cost leadership?Question 550 out of 3 points_________ are companies that provide products and services that can be usedtogether rather than providing competing products and services.Question 560 out of 3 pointsPlease consider the following pairs of manufacturing costs and revenues: $10,000<$12,000;$5,000<$11,000; $9,000<$13,000; $11,000<$17,000; $8,000<$14,000. Which of the following listsof strategies follows the same sequence?Question 573 out of 3 pointsHolding a conviction that one’s own national, group, or cultural characteristics are”normal” is referred to as _________.Question 580 out of 3 pointsA set of firms that face similar threats and opportunities that are different from thethreats and opportunities facing other firms in an industry are referred to as_________.Question 593 out of 3 points”Do a firm’s resources and capabilities enable the firm to respond to environmentalthreats or oppotunities?” Is an example of a question of _____.Question 60Realized strategy is best described as a combination of _____ strategies.0 out of 3 pointsQuestion 613 out of 3 pointsIf your firm possesses brand identification and customer loyalty, this is considereda barrier to entry in terms of _______.Question 623 out of 3 pointsUsing the SWOT analysis, which of the following focus on the firm’s internalresources?Question 630 out of 3 pointsThe primary objective of top management is to ___________.Question 640 out of 3 pointsWhich of the following is NOT a pressure favoring industry globalization?Question 650 out of 3 pointsBeing “stuck in the middle” means _________.Question 663 out of 3 points__________ occurs when the average total cost increases at higher levels of input.Question 670 out of 3 pointsA firm, operating under conditions of perfect competition, that generates justenough value with its resources to fully compensate the owners of all thoseresources, including a risk­adjusted rate of return for suppliers of capital, is likelyto be experiencing _______.