BSG COMPREHENSIVE EXAM / BSG COMPREHENSIVE EXAM REAL EXAM QUESTIONS AND ANSWERS |GRADED A

BSG COMPREHENSIVE EXAM / BSG COMPREHENSIVE EXAM REAL EXAM QUESTIONS AND ANSWERS |GRADED A
The benefits of pursuing a strategy of social responsibility and corporate
citizenship include --ANSWER-- · The positive impact that such a strategy has on
the company's image rating, provided the company spends a meaningful amount on
socially responsible activities and such spending is sustained over a multi-year
period
If a company's managers want to succeed in creating a differentiation-based
competitive advantage (And a potential cost advantage in achieving the
differentiation) that is difficult for rivals to quickly or easily copy (because every
strategic move a company makes to outcompete rivals and gain a competitive
advantage is not apparent from information contained in the FIR and the
competitive intelligence Report), then the managers have to --ANSWER-- · Do a
better job then rivals in identifying and implementing ways to become very costefficient in producing and marketing 350-500 models/styles of branded footwear
that also have the highest S/Q rating in the industry
Valid reasons to consider building a new plant in Latin America include --
ANSWER-- · Low tariff costs on footwear sales in Latin America (because no
import tariffs are paid on footwear produced at the Latin American plant and
shipped to the distribution warehouses in Latin America)
A company stands a better chance of achieving a sustainable cost-based
competitive advantage over rivals if its managers --ANSWER-- · Pursue a number
of cost-reducing initiatives that can be concealed from rivals (because such
initiatives are not part of the information contained in the FIR and the competitive
intelligence report)
Which of the following actions does not help a company's social responsibility
strategy result in a higher image rating? --ANSWER-- · Reducing the prices, the
company charges its customers for branded footwear
What does help a company's social responsibility strategy and results in a higher
image rating --ANSWER-- · Using environmentally friendly or 'Green' materials in
producing footwear at the company's plants