Worksheetsplanning
Total questions: 29
Worksheet time: 15mins
The pillars of a successful strategy are: to define clear and concrete objectives; know the competitive
environment well; enhance internal resources.
True
False
The tactic is a plan to establish a long-term competitive advantage.
True
False
The "process management" is based on operative activities flows, as an innovative organizational
model
True
False
When the company increases the quantity of its production, it reaches economies of scale if the
variable costs remain unchanged.
True
False
Profit is the positive difference between revenues and costs, available for the shareholders
True
False
The formula of the EVA (Economic Value Added) or Economic Profit is NOPAT - WACC * CE
True
False
The Gross profit is the result of the difference between sales revenue and cost of bought (or cost of
good sold)
True
False
critical factor to achieve a real competitive advantage is an adequate combination of the company's
specific resources and, therefore, developing specific capabilities.
True
False
Merger by union operations involve the creation of a new company.
True
False
The sixth force added to Porter's Five Forces scheme is "Supply of complement goods":
True
False
The four phases of an "industry cycle" are: Introduction, Growth, Maturity, Decline
True
False
Once we consider multiple periods of time, and considering maximizing company profit as maximizing
company value, the most suitable measurement of performance is:
Economic value added.
Net present value of free cash flow.
Earning before interest, taxes, depreciations and amortizations.
Ebit
Resources and Capabilities
Two different concepts to indicate the same assets of a specific firm
Resources are assets of the firm; capabilities are the results of specific combinations of
distintive resources of the firm.
Resources refers to financial assets, instead capabilities are the skills of employees.
The combination between resources and capabilities to build competences.
The management recurs to the external growth strategies to:
plan the launch of new products in the old markets.
Implement operations like mergers, acquisition or external alliances.
Implement a supply chain management strategy
Implement an outsourcing strategy for some company functions.
What we mean by the term “innovation”, compared to the term “invention”?
Innovation refers to a new process, invention refers to a new product.
Innovation is the initial commercialization of an invention or an idea in the form of a new
product or process.
Innovation launches artificial intelligence tool and services.
“Innovation” is the same term of “invention”
The Supply chain perspective – as one of different perspectives of supply chain finance – considers:
The stocks over the financial components
The fixed investments
Only the financial components
Only the traditional solutions to optimize the working capital.
The Innovative Financial perspective – as one of different perspective of supply chain finance considers:
A. The stocks over the financial components
The stocks over the financial components
The fixed investments
The financial components
Logistics solutions
. The profit of an innovation depends on:
egal protection and complementary resources
Value of the innovation and Innovator’s ability to appropriate the value of the innovation.
Capital employed
Value of innovation
The sources of competitive advantage are:
Similar products with price premium vs the products of competitors
Different products at lower cost as cost advantage
Cost advantage or differentiation advantage.
New products
The convenience of the vertical integration strategy depends on:
Transaction costs are increasing in the industry.
Transaction costs are higher than internal administrative costs.
Administrative costs are higher than transaction costs.
Transaction costs are independent from the integration degree.
The effectiveness with which resources are integrated to create capabilities depends on:
Administrative costs are higher than transaction costs
Processes, motivation and structure
Kind of organizational models
Level of hierarchy of the organization
The primary distinction between corporate strategy and business strategy is:
Corporate strategy is concerned with the long-term performance of the firm; business strategy with
resource deployment
Corporate strategy is the responsibility of the CEO, business strategy is formulated by the heads of
the financial unit.
Corporate strategy is concerned with establishing competitive advantage; business strategy with
strategy implementation in individual businesses.
Corporate strategy is concerned with "where the firm competes"; business strategy with
"how it competes”
Which of the following is not an incentive for Diversification?
Competitive Advantage
Risk Spreading
Create value
Growth
he two Patterns of Internationalization a firm can follow are:
Economies of Scale and Economies of Scope
International Trade and Economies of Scale
C. Economies of Scale and Foreign Direct Inves
International Trade and Foreign Direct Investment
International Trade and Economies of Scale
The two forces that drive technology evolution over time are:
Demand and Management abilities
Supply and Diffusion of knowledge
Demand and diffusion of knowledge
High-tech innovation and R&D
Which of the following is one of the Primary Activities of Value Chain scheme?
Inbound logistics
Outbound logistics
Marketing and Sales
All are part of Value Chain primary activities.
Which of the following is the Curve that represents the technology evolution over
time?
S-curve
V-curve
L-curve
C-curve
Which is the difference between “market” and “industries”?
An industry contains multiple markets.
market contains multiple industries
They are not related.
They have the same meaning
Ambidexterity refers to the impossibility to find the right balance between:
Supply and demand price preferences
Risk and profitability
Present and future positioning
International and national markets
