Question 1 How can an organization provide superior customer value…
Question Answered step-by-step Question 1 How can an organization provide superior customer value… Question 1How can an organization provide superior customer value to customers? ???????????????????Group of answer choicesby offering more variations of a product ?????????????????????????????????????by offering extended warranty coverage on products????????by offering its products at the lowest price???????????by doing a better job of anticipating and reacting to customer needs than the competition does???????????????????????????by conducting market research??????? Flag question: Question 2Question 2Which of the followings is not a typical business process????????????????Group of answer choicesJob shop????Batch???? Outsourcing??Assembly line??? Flag question: Question 3Question 3The main differences between oligopoly and monopolistic competition is?????????????Group of answer choicesAll above are not correct????? How easy it is to enter and exit an industry??????????????Amount of players in a market ????????All above are correct ???? Flag question: Question 4Question 4Data mining allows users to:????????????Group of answer choicesfind hidden relationships in data. ???????????summarize massive amounts of data into much smaller, traditional reports. ?????????????????access the vast amounts of data in a data warehouse.??????????? quickly compare transaction data gathered over many years. ????????????? Flag question: Question 5Question 5A balance sheet reports:???????Group of answer choicesthe change in the owner’s capital during the period. ?????????????the difference between revenues and expenses during the period. ????????????the cash receipts and cash payments during the period. ????????????? the assets, liabilities, and owner’s equity on a particular date. ????????????????? Flag question: Question 6Question 6Suppose there are only two products X and Y in a market. If product X is of poor quality, then the increase in consumer income will not lead to????????????X?Y?????X??????????????????Group of answer choicesIncreased demand of product Y. ??Y?????Consumer improvement. ????? Reduced demand for product X. ??X?????Reduced demand for product Y. ??Y????? Flag question: Question 7Question 7Venture capital firms and private equity firms have played increasingly important roles in financing growth companies. What should an entrepreneur focus on when trying to seek VC/PE funding???????????????????????????????????????????VC/PE??????????Group of answer choicesEfficiency of Internal financial control. ?????????All of the above. ?????? Corporate governance structure. ???????Detailed business plan covering the management, revenue model and the market. ???????????????????? Flag question: Question 8Question 8Market segmentation is determined by______: ??????________???Group of answer choicesfirms’ product-related objectives???????????customers’ demographics???????????????????customers’ product-related needs and wants?????firms’ location ??????firms’ opportunities and threats?????????? Flag question: Question 9Question 9At a restaurant, the average number of customers in eating is 50; the average number of customers arriving (and leaving) is 30 per hour. What is the lead time here???????????????50?;??????????????????30?????????????Lead Time?????Group of answer choices1 hour 40 minutes 1 ??40 ??1 hour 30 minutes 1 ??30??1 hour 1 ??30 minutes 30 ?? Flag question: Question 10Question 10According to Hofstede ( Hofstede) cross-cultural differences model, American managers are more likely to show which of the following cultural identity????????(Hofstede)??????????????????????????????Group of answer choicesCollectivism, long-term orientation, high power distance???????????????Individualism, short-term orientation, high power distance??????????????? Individualism, short-term orientation, low power distance???????????????Individualism, long-term orientation, low power distance??????????????? Flag question: Question 11Question 11An employee who is high self-monitoring is ________:??????????????????????____?Group of answer choicesmore likely to modify her/his behavior to adapt to the new environment?????????????????more likely to monitor her/his own behavior to avoid making mistakes ??????????????more loyal to the organization ??????? more likely to work with others. ???????? Flag question: Question 12Question 12A firm that invests in an information system because it is a necessity of doing business does so because it is seeking to achieve which of the following business objectives?Group of answer choicesOperational excellence????Competitive advantage????Improved decision making????Survival???? Business OPMA 5364 Share QuestionEmailCopy link Comments (0)


