Fin modeling_preparation for final_fall 2013 PDF

Preview

Summary

Notes from lectures, material to prepare for final exam. And additional bonus question, very interesting material for...

Description

The main objective of conducting external analysis, i.e., PESTLE and Five Forces Analysis is Select one: a. to identify cost efficiency of different activities compared to those of the competitors. b. to establish costs in terms of money. c. to establish costs in terms of time. d. to find break-even point of the company. e. to have ideas to find appropriate corporate strategy of the company. Feedback The correct answer is: to have ideas to find appropriate corporate strategy of the company. Question 2 Correct Mark 1.00 out of 1.00 Flag question

Question text The process whereby a firm determines the costs associated with organizational activities from purchasing raw materials to manufacturing products to marketing those products is called ---Select one: a. Cost-benefit analysis. b. Internal factor evaluation matrix. c. Value chain analysis. d. Strategic cost analysis. e. Resource-based analysis. Feedback The correct answer is: Value chain analysis. Question 3 Incorrect Mark 0.00 out of 1.00 Flag question

Question text Recently Coca-Cola added new ‘Coca-Cola Energy’ drinks in their product portfolio. From strategic management perspective, this could identify as their ------- strategy. Select one: a. Corporate strategy. b. Buisness strategy c. Marketing strategy. d. Promotion strategy. e. Functional strategy Feedback The correct answer is: Corporate strategy. Question 4 Incorrect Mark 0.00 out of 1.00 Flag question

Question text

Recently ‘ALIBABA’ of China bought ‘Cianiao’ company to deliver products to the customers who buy the products online from ALIBABA. From a corporate strategy perspective, it could be considered as -Select one: a. Information technology strategy b. Backward integration strategy c. Conglomerate diversification strategy d. Forward integration strategy e. Product development strategy Feedback The correct answer is: Forward integration strategy Question 5 Correct Mark 1.00 out of 1.00 Flag question

Question text Which basic question should a vision statement answer? Select one: a. Who are our competitors? b. What are our challenges? c. Who are our employees? d. What are our strengths and weaknesses? e. What do we want to achieve in the long run? Feedback The correct answer is: What do we want to achieve in the long run? Question 6 Correct Mark 1.00 out of 1.00 Flag question

Question text In the last few month, crude oil price has increased from $50 dollar to $70 dollar a barrel. According to PESTLE analysis, this would be considered as ---------------------- factor which could have positive or negative impact demand on many businesses in Kazakhstan. Select one: a. Environnemental b. Socio-cultural c. Economic d. Political e. Technological Feedback The correct answer is: Economic Question 7 Incorrect Mark 0.00 out of 1.00 Flag question

Question text Strategy is defined as a ------- plan, aims to maximize ----- and to minimize -------. Select one:

a. Long-term, competitive advantage, competitive disadvantage b. Short-term, competitive advantage, comparative disadvantage c. Short-term, competitive advantage, competitive disadvantage d. Long-term, competitive disadvantage, competitive advantage e. Long-term, comparative advantage, competitive disadvantage. Feedback The correct answer is: Long-term, competitive advantage, competitive disadvantage Question 8 Incorrect Mark 0.00 out of 1.00 Flag question

Question text A good “business model” provide guidelines for ---- where as a ‘strategy’ provide guidelines for ------------ of the business organizations. Select one: a. Identifying competitors; identifying customers b. Outperforming the competitors; satisfying the customers’ needs c. Satisfying shareholders expectations; Satisfying customers’ expectations d. Economic viability; superior economic performance e. Superior economic performance; economic viability Feedback The correct answer is: Economic viability; superior economic performance Question 9 Correct Mark 1.00 out of 1.00 Flag question

Question text The main difference between “strategy” and “business model” is -------. Select one: a. Business model is all about how to outperform competitors, and strategy is all about how to generate enough revenues b. Business model aims to achieve superior performance and strategy aims to enhance economic viability of the organizations c. Strategy is all about how to outperform competitors, and business model is how to generate expected revenues d. Strategy is more focused to customers and business model is more focused to competitors e. Business model is long-term oriented and strategy is short-term oriented Feedback The correct answer is: Strategy is all about how to outperform competitors, and business model is how to generate expected revenues Question 10 Incorrect Mark 0.00 out of 1.00 Flag question

Question text The main purpose of external analysis (i.e., PESTLE and Five Forces) is to assess ------------- and identify appropriate ----- strategies.

Select one: a. Future cost of products and services; business strategies b. Risk; competitive advantage c. Intensity of competition; profitability d. Future cost of products and services; functional strategies e. Future demand of products and services; corporate strategies Feedback The correct answer is: Future demand of products and services; corporate strategies Question 11 Correct Mark 1.00 out of 1.00 Flag question

Question text Sensing future baby boom in Asia, ‘Reckitt Benckiser’ decided to acquire ‘Mead Johnson’ Company to enter baby food market. In PESTLE analysis, baby boom in Asian countries could be seen as a change in --- factor. Select one: a. Political environment b. Socio-cultural environment c. Legal environment d. Economic environment e. Technological environment Feedback The correct answer is: Socio-cultural environment Question 12 Incorrect Mark 0.00 out of 1.00 Flag question

Question text According to the Porter ‘Five Forces Analysis’ when three or more forces (out of the five forces) appear to become stronger in the future, it is most likely that competitiveness in the industry will -------- and future profitability will ----Select one: a. Increase; remain the same. b. Remain the same; decrease. c. Increase; decrease. d. Decrease; increase e. Remain the same; remain the same Feedback The correct answer is: Increase; decrease. Question 13 Incorrect Mark 0.00 out of 1.00 Flag question

Question text Recently Coca-Cola purchased British coffee-shop chain Costa Coffee for $5.1 billion. From strategic management perspective, this could be seen as the future ---- of the Coca-Cola Company to be successful in the competitive environment.

Select one: a. Business strategy b. Purchasing strategy c. Corporate strategy d. Functional strategy e. Product strategy Feedback The correct answer is: Corporate strategy Question 14 Correct Mark 1.00 out of 1.00 Flag question

Question text In strategy literature, ‘Red Ocean’ means ----- and ‘Blue Ocean’ means -------------------Select one: a. Exploiting existing demand; creating new demand b. Known market space; unknown market space c. Saturated market space; unsaturated market space d. Unknown market space; known market space e. Selling blue products; selling red products Feedback The correct answer is: Known market space; unknown market space Question 15 Correct Mark 1.00 out of 1.00 Flag question

Question text Considering customers health consciousness, Burger King recently added vegetarian ‘Impossible Meat” burger in their menu. According to PESTLE analysis, this would be considered as ---------------------- factor for ‘Fast Food’ businesses in the world. Select one: a. Economic b. Socio-cultural c. Technological d. Environnemental e. Political Feedback The correct answer is: Socio-cultural Question 16 Incorrect Mark 0.00 out of 1.00 Flag question

Question text Covid 19 pandemic caused sickness among the people in many countries in the world. According to PESTLE analysis, this would be considered as ---------------------- factor which could have positive or negative impact demand on many businesses in the world.

Select one: a. Political b. Technological c. Environnemental d. Economic e. Socio-cultural Feedback The correct answer is: Environnemental Question 17 Correct Mark 1.00 out of 1.00 Flag question

Question text In strategic management, competitive disadvantage means, Select one: a. Selling less products than your competitors b. Capture more market share than the competitors c. Earning less gross profit than competitors d. Lower profitability than the competitors e. Less innovative than the competitors Feedback The correct answer is: Lower profitability than the competitors Question 18 Correct Mark 1.00 out of 1.00 Flag question

Question text The main difference between “strategy” and “business model” is –“----------------“. Select one: a. Business model is all about how to outperform competitors, and strategy is all about how to generate enough revenues b. Business model is long-term oriented and strategy is short-term oriented c. Business model aims to achieve superior performance and strategy aims to enhance economic viability of the organizations d. Strategy is more focused to customers and business model is more focused to competitors e. Strategy is all about how to outperform competitors, and business model is how to generate expected revenues Feedback The correct answer is: Strategy is all about how to outperform competitors, and business model is how to generate expected revenues Question 19 Incorrect Mark 0.00 out of 1.00 Flag question

Question text Former USA President Donald Trump has different businesses in his business empire. His businesses include building constructions, residential hotels, golf

resorts, entertainment, casinos, and media outlets. His corporate expansion/growth strategy could be considered as Select one: a. Conglomerate diversification. b. Vertical diversification. c. Horizontal diversification. d. Conglomerate integration e. Concentric integration. Feedback The correct answer is: Conglomerate diversification. Question 20 Incorrect Mark 0.00 out of 1.00 Flag question

Question text In PESTLE analysis, changes in life expectancy and family formation rate of a country could be considered as the ------- that will affect the businesses in future. Select one: a. Political environnent b. Socio-cultural environment c. Labor environment d. Technological environment e. Economic environment Feedback The correct answer is: Socio-cultural environment Question 21 Incorrect Mark 0.00 out of 1.00 Flag question

Question text In PESTLE analysis, Tenge devaluation is considered as the ------- that will have positive or negative impact on many businesses in Kazakhstan. Select one: a. Legal factor b. Socio-cultural factor c. Political factor d. Economic factor e. Technological factor Feedback The correct answer is: Economic factor Question 22 Correct Mark 1.00 out of 1.00 Flag question

Question text If ‘Navat’ or ‘Rumi’ restaurants in Almaty mainly sell traditional central Asian foods. If they add Chinese cuisine/food in the menu, this could be an example of ------ corporate strategy. . Select one:

a. Concentration through product development strategy. b. Forward integration strategy. c. Concentric diversification strategy. d. Conglomerate diversification strategy. e. Concentration through market development strategy. Feedback The correct answer is: Concentration through product development strategy. Question 23 Correct Mark 1.00 out of 1.00 Flag question

Question text ‘Blue Ocean’ strategy means ----- and ‘Red Ocean’ strategy means -------------------Select one: a. Create uncontested market space; Competing in existing market space b. Sinking the competitors in the ocean; Following competitors in the ocean c. Competing with known customer groups; Competing with unknown customer groups d. Leading competitors in the ocean; Following competitors in the ocean e. Sinking the customers in the ocean; Saving the customers in the ocean Feedback The correct answer is: Create uncontested market space; Competing in existing market space Question 24 Incorrect Mark 0.00 out of 1.00 Flag question

Question text To formulate a comprehensive, rational and effective organizational strategy, managers need to identify --- first, ----- second, and ---- third in sequentially. Select one: a. Business strategies; marketing strategies; corporate strategies b. Corporate strategies; business strategies; management strategies c. Corporate strategies; business strategies; sales strategies d. Corporate strategies; business strategies; functional strategies e. Functional strategies; business strategies; marketing strategies Feedback The correct answer is: Corporate strategies; business strategies; functional strategies Question 25 Incorrect Mark 0.00 out of 1.00 Flag question

Question text Until now, Rahat chocolate sale their products through retailers network and own showrooms. If Rahat Chocolate starts selling their products through on-line ordering and home delivery services, then it would be an example of which corporate strategy?

Select one: a. Horizontal integration b. Service integration c. Backward integration d. Customer integration e. Forward integration Feedback The correct answer is: Forward integration Question 26 Incorrect Mark 0.00 out of 1.00 Flag question

Question text In strategy formulation, which type of statement should be identified/developed after identifying the vision of the organization. Select one: a. Competitive advantage b. Goals c. Mission d. Objectives e. Targets Feedback The correct answer is: Mission Question 27 Incorrect Mark 0.00 out of 1.00 Flag question

Question text In the strategy formulation process, main focus is on ---- and in the business model development process, main focus in on -------. Select one: a. Competitors; suppliers b. Customers; suppliers c. Competitors; customers d. Suppliers; competitors e. Customers; competitors. Feedback The correct answer is: Competitors; customers Question 28 Correct Mark 1.00 out of 1.00 Flag question

Question text “KIMEP University will increase total number of student enrollment in future”. Is it a/an Select one: a. Vision statement b. Policy statement c. Objective

d. Goal e. Mission statement Feedback The correct answer is: Goal Question 29 Incorrect Mark 0.00 out of 1.00 Flag question

Question text Porter’s Five Forces analysis helps the managers to assess future ------- and ------of the industry. Select one: a. Uncertainties of the industry; future demand. b. Intensity of competition; profitability c. Demand; cost advantage d. Risk; competitive advantage e. Success; failure Feedback The correct answer is: Intensity of competition; profitability Question 30 Not answered Marked out of 1.00 Flag question

Question text The main objective of conducting internal analysis, i.e., VRIO and Value Chain Analysis in the process of strategic planning process is Select one: a. to determine costs in terms of money. b. to have some idea to select appropriate business strategy of the company. c. to find the break-even point of the company. d. to determine costs in terms of time. e. to identify profitability compared to the competitors....