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Question
Although a firm's power and prestige in domestic markets may be significantly enhanced when the firm competes globally, this rarely translates into improved negotiating power among creditors, suppliers, or distributors.
Answer
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Opportunity analysis is one of the basic functions of
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B) finance/accounting.
C) computer information systems.
D) production/operations.
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All of the following are limitations of the BCG Matrix EXCEPT
A) Viewing every business as a star, cash cow, dog or question mark can be an oversimplification.
B) The Matrix requires at least three years worth of data.
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D) The Matrix does not allow a company to be classified as somewhere in between two categories.
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Which of the following is NOT a major approach to R&D?
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After a draft mission statement has been developed, it is important to
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R&D employees and managers perform all of the following tasks EXCEPT
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In the BCG Matrix, a division with a high relative market share position in a low-growth industry can be described as a
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B) Cash Cow.
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In the BCG Matrix, when a division of an organization has a high relative market share and is in a fast-growing industry, it is called a
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Increased education and diversity of the workforce at all levels are reasons why the top-down approach should be favored in organizations.
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Political, governmental, and legal factors can represent key threats or opportunities for both small and large organizations.
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IFRS standards comprise 25,000 pages, whereas GAAP standards comprise 5,000 pages.
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In the United States, the population has been moving from the South and West to the Northeast and Midwest.
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Remaining solely domestic is an increasingly safer strategy for U.S. companies.
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It is predicted that, by 2025, over 18% of the population in the United States will be 65 years or older.
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Since a combination strategy bears no risk, many organizations pursue a combination of two or more strategies simultaneously.
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