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BUS 800 Study Guide - Final Guide: Movic, Uch, Swot Analysis

Answer: a page: 6 learning objective: 1 diffi culty: easy taxonomy: knowledge. Answer: c page: 6 learning objective: 1 diffi culty: medium taxonomy: comprehension. Answer: a page: 11 learning objective: 3 diffi culty: medium taxonomy: comprehension. Answer: b page: 13 learning objective: 1 diffi culty: medium taxonomy: comprehension. Answer: c page: 15 learning objective: 5 diffi culty: medium taxonomy: knowledge. Answer: a page: 17 learning objective: 6 diffi culty: easy taxonomy: comprehension. Answer: c page: 26 learning objective: 1 diffi culty: medium taxonomy: knowledge. Answer: a page: 28 learning objective: 1 diffi culty: easy taxonomy: knowledge. Answer: b page: 32 learning objective: 1 diffi culty: medium taxonomy: knowledge. Answer: a page: 34 learning objective: 2 diffi culty: medium taxonomy: comprehension. Answer: e page: 39-40 learning objective: 3 diffi culty: medium taxonomy: knowledge. Answer: b page: 40-41 learning objective: 3 diffi culty: medium taxonomy: knowledge. Answer: e page: 56-57 learning objective: 1 diffi culty: easy taxonomy: knowledge.

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The difference between a company's strategy and a company's business model is that
A)a company's strategy is the plan for achieving strategic objectives while its business model is the plan for achieving financial objectives.
B)the strategy concerns how to compete successfully and the business model concerns how to operate efficiently.
C)a company's strategy is management's game plan for realizing the strategic vision whereas a company's business model is the game plan for accomplishing the business purpose or mission.
D)strategy relates broadly to a company's competitive moves and business approaches (regardless of the financial outcomes it produces) while the term business model relates to whether the revenues and costs flowing from the strategy demonstrate that the business is viable from a profit perspective.
E)a company's strategy concerns how to please customers while its business model concerns how to please shareholders

BUS 800 Chapter 1-14:

BUS 800 Study Guide - Final Guide: Business Process Reengineering, Customer Satisfaction, Dmaic

BUS 800 Study Guide - Final Guide: Movic, Uch, Swot Analysis

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