WPC 470 FINAL EXAM NEWEST EXAM ACTUAL EXAM COMPLETE 400 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+

WPC 470 FINAL EXAM NEWEST EXAM ACTUAL EXAM COMPLETE 400 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+
Wallingford Company is trying to determine optimal ways to collect and distribute
knowledge throughout the firm. This is an activity for which support function in the value
chain?
a.Human resources
b.Finance
c.Management information systems
d.Distribution - ANSWER>>Management Information Systems
Vendors across the country offer sunglasses that look virtually identical to those made
by Chanel, Prada, Gucci, and other luxury brands—including the trademark logos—but
cost far less. These products are the result of:
a.competition.
b.imitation.
c.counterfeiting.
d.evolving consumer preferences. - ANSWER>>counterfeiting
JoAnn Tucker recently took over as Chief Executive Officer (CEO) of Burger-Rama, Inc.
Burger-Rama has seen declining profits over the past five years and has struggled to
remain competitive in the fast-food industry. In order to achieve strategic
competitiveness, JoAnn must:
a..conduct training programs and hire educated and experienced employees.
b.invest in sophisticated technology in relevant knowledge areas.
c.fire the current board of directors and start afresh.
d.shift the company's focus to marketing and develop an extensive advertising
campaign. - ANSWER>>conduct training programs and hire educated and experienced
employees
Firms failing to perform the value-chain activities and support functions in an optimum
manner when implementing the _____ strategy become "stuck in the middle."
a.cost leadership
b.focus
c.differentiation
d.integrated cost leadership/differentiation - ANSWER>>integrated cost
leadership/differentiation
The chief executive officer (CEO) and other top-level managers often involve other
people to develop the mission statement because:
a.the mission deals more directly with product markets and customers.
b.it is viewed as a task that can easily be delegated.
c.the mission deals more directly with capital markets and shareholders.
d.forming the mission is typically not the final responsibility of the CEO or other top-level
managers. - ANSWER>>The mission deals more directly with product markets and
customers

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