B. B) targeting too large a market that causes unit costs to increase. For a sample of 18 adoptions from Russia, the mean cost was $12,840, with a standard deviation of$1,545. 70) In the context of the SWOT matrix, which of the following best exemplifies a firm's internal strength? It is a corporate-level strategy that minimizes the risk by diversifying investment among various businesses or product lines. Potomac Industries is a manufacturer of high-definition televisions. "The holding will call into question many other regulations that protect consumers with respect to credit cards, bank accounts, mortgage loans, debt collection, credit reports, and identity theft," tweeted Chris Peterson, a former enforcement attorney at the CFPB who is now a law Which statement regarding competitive advantages is true? Study with Quizlet and memorize flashcards containing terms like The primary aim of strategic management at the business level is A. maximizing risk-return tradeoffs through diversification. B) all rivals share a common input or raw material. Develop new learning goals Follow rules with consistency Perform complex numerical calculations Process complex mathematical patterns, Which of the following refers to the scientific field 4) According to the resource-based view, a firm that differentiates itself from its competitors through its personalized approach to customer service is likely to sustain its competitive advantage for a long time. 2) The core competencies of a firm are determined by the interplay of its tangible resources and intangible capabilities. Microsoft is quietly building a mobile Xbox store that will rely on Activision and King games. If the king is not replaced, what is the probability that a king will be drawn on the second selection? How has Apple been able to sustain its competitive advantage in the smartphone industry? Study with Quizlet and memorize flashcards containing terms like To improve performance, there are many different avenues for outcompeting rivals such as: a. realizing a higher cost structure and lower operating profit margins than rivals in order to drive sales growth. When a firm pursues a maintain strategy, it. One of the objections to the use of subliminal advertising techniques is that they could be used to manipulate or influence large numbers of people without their knowing it. _______ circular reactions are the third of three types of feedback loops in sensorimotor intelligence, this one involving active exploration and experimentation. 49 terms. C) satire. While the domestic airline industry is in the maturity stage of the industry life cycle, the internet-enabled appliance industry is in its growth stage. imitation. 85) After conducting a SWOT analysis, your firm has decided to focus on addressing issues located in the Weaknesses-Opportunities quadrant. Do you think this is an important objection? Normal profits are. A) Netflix moved from content development to upgrading its data analytics to provide faster online streaming. What are some other situations where this type or treatment could change behavior? (Language Acquisition Device). 76. False", "If I have cash, then I will buy you a gift. Sera is playing with her mother, who takes her favorite bunny rabbit and hides it behind a pillow. Which of the following is a feature of the shakeout phase of the industry life cycle? Scientist have attempted to integrate the three main theories of language development into one theory known as _____. B) dementia. idea testing. The factors that lead to a low-cost position also provide a substantial ____ barriers position with respect to _______ products introduced by new and existing competitors. _________ _________ speech is the high-pitched, simplified, and repetitive way adults speak to infants, it is also called motherese or parentese. True False, In the context of Porter's model, a(n) ____ is any other product or service that can satisfy the same need for a customer as an industry's offerings. Study with Quizlet and memorize flashcards containing terms like Effective strategies a) develop long-range plans for resource allocation b) provide an in-depth analysis of the organization's internal strengths and weaknesses c) provide managers with a list of environmental contingency factors d) align the organization and environment to achieve 72) In the context of SWOT analysis, which of the following best exemplifies a firm's external opportunity? Other Quizlet sets. Experience effects are achieved by. a .the nature vs. nurture debate b .impression management c .dramaturgy d .role conflict, Which of the following A _______ cliff is an experimental apparatus that gives the illusion of a sudden drop-off between one horizontal surface and another. These attributes have remained unique to Brain Boost Inc. for a long time. All the methods---word order, verb forms, and so on---that languages use to communicate meaning, apart from the words themselves. C) the expertise acquired by the employees in the company. B) Netflix applied big data analytics to its user preferences to provide highly Experience effects are achieved by. However, the company failed because Blue Tech Inc.'s models were inferior to the third- and fourth-generation models its competitors were selling. This Friday, were taking a look at Microsoft and Sonys increasingly bitter feud over Call of Duty and whether U.K. regulators are leaning toward torpedoing the Activision Blizzard deal. Which of the following is not a potential pitfall of a focus strategy? ________ preference is a universal principle of infant perception, specifically an innate attraction to other humans, evident in visual, auditory, and other preferences. Which of the following is this case an example of? Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Statistical Techniques in Business and Economics, Douglas A. Lind, Samuel A. Wathen, William G. Marchal. According to the dynamic capabilities perspective, Seth's Computer Repair has lost its competitive advantage due to, 82) Merton's Toothpaste has been the leader of dental care products for about 40 years. ready imitation by competitors Companies that are not able to create a competitive advantage through both cost leadership and differentiation strategies _____. 40) True Moto Corp. (TMC) is a leading automobile company. Study with Quizlet and memorize flashcards containing terms like Effective strategies a) develop long-range plans for resource allocation b) provide an in-depth analysis of the organization's internal strengths and weaknesses c) provide managers with a list of environmental contingency factors d) align the organization and environment to achieve Jack_McLoughlin9. _______ perception is perception that is primed to focus on movement and change. Develop new learning goals Follow rules with consistency Perform complex numerical calculations Process complex mathematical patterns, Which of the following refers to the scientific field C) In perfect competition, all firms have access to the same capabilities, whereas in the resource-based model, resource differences exist between firms in the same industry. C. Both theories focus on the personality formed in infancy. These are examples of which turnaround strategy used by successful companies? The stage-five toddler (age 12 to 18 months) who experiments without anticipating the results, using trial and error in active and creative exploration. Competitors across the globe have failed to imitate Brain Boost's production models, supply chain systems, knowledge systems, and culture. This example describes, Sunshine Technologies introduced a tablet that could run completely on solar energy and was less expensive than competitors' tablets. A low-cost position permits buyers to exert power to drive ____ prices only to the level of the next most efficient producer. A business that strives for a low-cost advantage must attain a(n) _______ cost advantage over rivals. Microsofts Activision Blizzard deal is key to the companys mobile gaming efforts. Which of the following strategies has Magnet adopted in this scenario? (Mean Length of Utterance), Chomsky's term for a hypothesized mental structure that enables humans to learn language, including the basic aspects of grammar, vocabulary, and intonation. According to Carl Jung, which of the following best served the goal of self-realization? Which of the following customer segments does Ellen best represent? However, the technology of the Sunshine tablet improved rapidly, thereby improving its recharge frequency. b. A market that mainly competes on the basis of price and has stagnant growth is characteristic of what life cycle stage? 11) Cartech Inc. is a manufacturer of automobile parts, which it sells to retail auto supply stores. D) deriving benefits from highly focused and high technology markets. Which of the following initiatives would best allow GoodGear to fine-tune its offerings to better meet the needs of its consumers? imitation. Autol - Calahorra Motorway (LR-282) Km 7,Calahorra (La Rioja) - [email protected] - +34 941163021 - +34 941163493. Which of the following assets will be the most difficult for Threadbare Industries to acquire using its capital? In the __________ stage of the industry life cycle, there are few segments, the emphasis on process design is low, and the major functional areas of concern are general management and finance. 69) Juanita, a manager at a multinational organization, is trying to carefully scan and link the firm's internal environment to its external environment. The four-step innovation process ends with. ________ circular reactions involve exploration and experimentation, as the child is starting to vary responses to learn about the world. Piaget referred to the stage-five toddler as a 'little ________' because she would experiment in order "to see.". It is a risk-seeking strategy that aims to create and acquire companies in completely unrelated businesses. B) It is likely that BC Inc. is better enabled than GN Corp. to gain and sustain a competitive advantage. Which of the following business models in the landscaping industry is likely to scale most efficiently? A. This is an example of which turnaround strategy used by successful companies? c. pursing similar Though most of its resources are common to those of its competitors, a few rare resources have helped the company gain and sustain a competitive advantage. An overall low-cost position protects a firm against rivalry from competitors, because _________ allow a firm to earn returns even if its competitors eroded their profits through intense rivalry. Also, her company sources ingredients from farms within 100 miles from her locations. c. achieve a more equal distribution of income. If I do not have cash, then I will not buy you a gift. B) Invoro will have a resource that is valuable but no longer rare. A limited-capacity memory system in which information is usually retained for only as long as 30 seconds unless we use strategies to retain it longer. The local government has just been overthrown by a military group that opposes foreign influence in the country. Her eating improved, she gained weight and within two months she was released from the hospital. Study with Quizlet and memorize flashcards containing terms like The primary aim of strategic management at the business level is A. maximizing risk-return tradeoffs through diversification. Which of the following scenarios would be characteristic of an entrepreneur? A sudden increase in an infant's vocabulary, especially in the number of nouns, that begins at about 18 months of age. Study with Quizlet and memorize flashcards containing terms like The indie rock band the Halo Benders once sang the following: Part environment And part heredity What we're born with And what's been fed to me What issue is being referenced in this song? A recent article in The Wall Street Journal compared the cost of adopting children from China with that of Russia. However, changing your behavior and strategies is often the most efficient and effective means of improving all types of classroom behaviors, both disruptive and non-disruptive. 29) The competitive advantage that one firm has will be short-lived in an industry in which, 33) Facing stiff competition in the e-reader market, Sumac Industries wants to protect its competitive advantage by increasing the perceived value of its reader. The difference between primary and secondary circular reactions is that _____. According to Chomsky, how do infants learn language? __________ speed is the high-pitched, simplified, and repetitive way adults speak to infants and children. This article describes how understanding these problems and seeing the world What is the developmental task of Erik Erikson's second stage of psychosexual development, in which a sense of independence in many tasks develops? C. Personality is significantly shaped by the reinforcements and consequences outside of the organism. Hello, and welcome to Protocol Entertainment, your guide to the business of the gaming and media industries. Study with Quizlet and memorize flashcards containing terms like Demographics includes facts about income, education levels, age groups, and the ethnic and racial composition of a population. Study with Quizlet and memorize flashcards containing terms like In Piaget's sensorimotor stage, infants and toddlers A) assimilate more than they accommodate. Its core competencies include superior design and engineering capabilities, as well as a highly integrated and efficient supply chain. Study with Quizlet and memorize flashcards containing terms like 1) Regarding the demand for business products, 1) _____ A) The demand facing most individual firms is fairly inelastic. C) "think" with their eyes, ears, hands, and other sensorimotor equipment. A) If several competitors pursue similar differentiation tactics, they may all be perceived as equals in the mind of the consumer. Which of the following is most often true of mature markets? Which of the following is a risk (or pitfall) of cost leadership? She ensures that the products in her stores are ethically and responsibly sourced. B. and more. Primary ________ measures refer to the type involving the body, with the infant trying to understand sensory experiences. A) Robert Rescorla B) B.F. Skinner C) John B. Watson D) Which statement regarding competitive advantages is true? When the market for standalone Global Positioning System (GPS) devices declined with the arrival of GPS-enabled mobile phones, Magnet Inc., a manufacturer of GPS devices, bought out most of its rivals that were planning to exit. 37) According to an evaluation using the VRIO framework, Crocs Shoes was unable to sustain its competitive advantage primarily because its products were, 38) Invoro is a market leader in consumer electronics. A) fit between its internal strengths and the external environment is static. B) Netflix applied big data analytics to its user preferences to provide highly Which of the following statements accurately brings out the distinction between the introduction and growth stages of the industry life cycle? Piaget's theory of cognitive development contrasted with the _______-processing theory, which compared human thinking processes to computer analysis of data. This Friday, were taking a look at Microsoft and Sonys increasingly bitter feud over Call of Duty and whether U.K. regulators are leaning toward torpedoing the Activision Blizzard deal. To sustain its competitive advantage, Cartech should first A) seek to replicate its c. what are the customers' needs? and more. The four-step innovation process ends with idea generation. Most turnarounds require a firm to carefully analyze its relevant environments. What is the main idea of the behavioral perspective in personality? Study with Quizlet and memorize flashcards containing terms like "You must pass a background check in order to become an RBT. Modern research that includes new technology indicates that infants _____. Which term refers to the smallest language unit that has meaning? This is an example of __________. and more. Study with Quizlet and memorize flashcards containing terms like Which of the following accurately describes how Netflix used innovation to gain a competitive advantage? idea testing. Southwest Airlines uses an overall cost leadership strategy. A __________ session is a perceptual experience that helps a person recollect an idea, a thing, or an experience. (Also called baby talk and motherese). Which of the following pairs of resources are both intangible? When someone perceives an opportunity for interaction with something in the environment, this opportunity is called an ___________. D) All of these alternatives are correct., 2) If average variable costs of production for a firm are rising, then this indicates that, When an employer's policies/ handbook indicate that an employee will not be fired except for good cause or specify a procedural process for firing, expecting that the price would converge to being exactly the same in each location. However, changing your behavior and strategies is often the most efficient and effective means of improving all types of classroom behaviors, both disruptive and non-disruptive. A limited-capacity memory system in which information is usually retained for only as long as 30 seconds unless we use strategies to retain it longer. Which of the following is not a reason for the successful turnaround HSN experienced by 2014 under CEO Mindy Grossman? Which of the following does this scenario best illustrate? Which of the following is not something the theories of Carl Rogers and Abraham Maslow have in common? Later, Blue Tech Inc.'s management channeled all of the company's efforts and revenue to develop an efficient laptop from scratch in less than a year. The experts from the consulting firm pointed out that the company primarily lost out on its competitive advantage due to its poor customer service, including slow response times to customer inquiries and unclear return policies. This is an example of an overall cost leadership strategy because it. Study with Quizlet and memorize flashcards containing terms like According to Piaget's cognitive developmental theory, during times of rapid cognitive change, children _____ A) balance assimilation and accommodation B) are in a state of disequilibrium C) are likely to construct inefficient schemes D) assimilate more than they accommodate, In Piaget's theory, a _____ is a The four-step innovation process ends with idea generation. Research shows that the following are all strategies used by firms engaged in successful turnarounds except, Piecemeal productivity improvements during a turnaround typically does not involve. One of Wound Up's competitors, however, has recently developed a similar coating using less expensive ingredients, which allows it to charge a lower price than Wound Up for similar-quality strings. 59) Which of the following statements accurately describes a firm's resource stock? This Friday, were taking a look at Microsoft and Sonys increasingly bitter feud over Call of Duty and whether U.K. regulators are leaning toward torpedoing the Activision Blizzard deal. 4. Which of the following businesses is most susceptible to negative network effects. 7-month-old Samuel is starting to constantly repeat a single syllable, saying 'ma-ma-ma-ma-ma.' Recent research on early affordances provides evidence that _____. Study with Quizlet and memorize flashcards containing terms like The U.S. government agency that helps people start small businesses is the U.S. Department of Commerce., Entrepreneurs are exclusively found in farming-related occupations., Small-scale entrepreneurs are only allowed to trade in sale of goods and not in trades of service. Thought (also called thinking) is the mental process in which beings form psychological associations and models of the world. What was the main idea behind Erik Erikson's theory of psychosocial development? 74) Which of the following applies to the Strength-Threats quadrant of the SWOT matrix? Other Quizlet sets. An individual's personality develops throughout the lifespan. B. Gibson and Walk were able to demonstrate that infants around the age of 10 months had developed depth perception using the visual _______. Jack_McLoughlin9. 24) Brain Boost Inc. is a leading educational toy company. This article describes how understanding these problems and seeing the world With experience, unit costs of production decline as _________ increases in most industries. C. Personal factors determine which behaviors in the environment a person chooses to imitate. Multiple choice question. A. A _____ imitation is a sequence in which an infant first perceives something done by someone else and then performs the same action hours or even days later. invention. Why is the phase after the growth stage of the industry life cycle referred to as the shakeout stage? B) dementia. Look up the company via the symbol, and you should find the information. True B. Which of the following is false regarding how a differentiation strategy can help a firm to improve its competitive position vis vis Porter's five forces? Which of the following is a competitive benefit experienced by the first mover firm in an industry? Which of the following customer segments does Ivan best represent? ) 9) Dynamic strategic activity systems help a firm to maintain a competitive advantage for extended periods of time. Study with Quizlet and memorize flashcards containing terms like When selecting a business level strategy, the firm must determine all of the following EXCEPT a. how will the customer's needs be satisfied? What does this imply? What stage of its life cycle is the market in? A _____ imitation is a sequence in which an infant first perceives something done by someone else and then performs the same action hours or even days later. harvest strategy maintain strategy consolidation strategy differentiation strategy Other Quizlet sets. If it is returned to the deck, what is the probability that a king will be drawn on the second selection? The symbol for GM is just GM, the symbol for General Electric is GE. If I have a credit card, will I buy you a gift? Most products are therefore 100 percent organic and all packaging is manufactured from recycled material. C) Industry demand is generally highly elastic. Study with Quizlet and memorize flashcards containing terms like "You must pass a background check in order to become an RBT. Study with Quizlet and memorize flashcards containing terms like The U.S. government agency that helps people start small businesses is the U.S. Department of Commerce., Entrepreneurs are exclusively found in farming-related occupations., Small-scale entrepreneurs are only allowed to trade in sale of goods and not in trades of service. 52) Competitors have found it extremely difficult to imitate Gene Electronics Inc.'s valuable resources, capabilities, or competencies. B. achieving competitive advantage. d. why should these customers' needs be satisfied?, The three dimensions of a firm's relationships with Considering all of these factors, the backup battery industry is most likely in the. They use a combination of strategies. False", "If I have cash, then I will buy you a gift. Over the years, however, its rate of technology improvements increased above the industry standards. In the __________ stage of the industry life cycle, there are many segments, competition is very intense, and the emphasis on process design is high. C. maximizing differentiation of products and/or services. True B. A. substitute B. rivalry Functional magnetic resonance imaging, a measuring technique in which the brain's electrical excitement indicates activation anywhere in the brain; helps researchers locate neurological responses to stimuli. The helicam could capture aerial images. Which of the following statements about the introduction stage of the market life cycle is true? The insights from this analysis will allow her to effectively leverage the company's internal strengths to exploit external opportunities, while mitigating internal weaknesses and external threats. In a given market, key technology no longer has patent protection, experience is not an advantage, and there is a growing need to compete on price. B) Demand for business products is derived from the demand for final consumer products. 45) Leading guitar string producer Wound Up Inc. has enjoyed a competitive advantage based on its proprietary coating that gives its strings a clearer sound and longer lifespan than uncoated strings. 17) As manager of a relatively new company, you are tasked with analyzing company resources to identify core competencies capable of supporting a competitive advantage. Biology Unit 3. Which form of child discipline tends to make children insecure, anxious, and hungry for approval? Its core competencies include superior design and engineering capabilities, as well as a highly integrated and efficient supply chain. Management at the company is so committed to doing repairs well that they often have rejected employee suggestions to expedite their processes. 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