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Unit V Assement - Test Started Submitted Status Attempt...

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Test Unit V Assessment Started 8/19/16 5:19 PM Submitted 8/31/16 5:02 PM Status Completed Attempt Score 100 out of 100 points Time Elapsed 287 hours, 43 minutes Instructions Results Displayed Submitted Answers, Correct Answers, Feedback Question 1 5 out of 5 points A factor necessary for a firm to effectively compete in a market niche is: Selected Answer: A key success factor. Correct Answer: A key success factor. Question 2 5 out of 5 points When looking at the Potential Benefits of the Business Model, P&G/PSI and the Safe Drinking Water Alliance is considered: Selected Answer: Value creation. Correct Answer: Value creation. Question 3 5 out of 5 points The process of providing management with accurate forecasts of trends false
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related to external changes in geographic areas where the firm currently is doing business or is considering setting up operations is called? Selected Answer: Environmental scanning. Correct Answer: Environmental scanning. Question 4 5 out of 5 points Strategic Management is? Selected Answer: The process of determining an organization's basic mission and long-term objectives, then implementing a plan of action for attaining these goals. Correct Answer: The process of determining an organization's basic mission and long-term objectives, then implementing a plan of action for attaining these goals. Question 5 5 out of 5 points When you have high National responsiveness and high Global Integration, it is called? Selected Answer: Transnational strategy. Correct Answer: Transnational strategy. Question 6 5 out of 5 points A structure that organizes worldwide operations primarily based on function and secondarily on product is called?
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Selected Answer: A global functional division.
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