18 C3...cORE COMPETENCIES is the practice of gathering. örgähizi and experiences

Question

18 C3...cORE COMPETENCIES is the practice of gathering. örgähizi and experiences of a company's employees for the purpose of st re g its True False 19 G4.. A COMPETITIVE PROFILE MATRIX can BEST be described as an innovation, service, or feature intended make a company or product attractive to customers: False 20 C4 Michael Porter's Competitive Forces consists of COST LEADERSHIP, DIVERSIFICATION, COST- FOCUSED, and Focused-Diversification True False 21 C3... The characteristics of CREATING A CULTURE OF CREATIVITY and INNOVATION are which of the e following: A. Ignite Passion, Revel in Creative Ideas, Foster Autonomy, Encourage Courage, Fail Forward, Welcome Collaboration, and Maximize Diversity B. ignite Passion, Celebrate Creative Ideas, Foster Autonomy, Discour age Courage, Fail Forward, Ensure Interaction, and Maximize Diversity None of the Above ignite Passion, Celebrate Creative Ideas, Foster Autonomy, Encourage Courage, Fail Forward, Ensure Interaction, and C. D. Minimize Diversity ite E. B and C only 21 C2...Within a business environment, KEY STAKEHOLDERS are classified as: A. Customers and Community B. Employees C. Owner/Owners, Investors, and Bank/Lending Institutions D. A and B only E. All of the Above

Explanation / Answer

Answer: 19: C4: True

A competitive profile matrix can best be described as an innovation, service, or feature intended to make a company or product attractive to customers. This is a tool that compares the firm’s major competitors and finds the firms strength and weakness.

Answer: 20: C4: True

Michael Porter’s competitive force consists of:

Answer: 21: C3: Option A:

Step into a culture of innovation:

Answer: 21: C2: Option E: All of the above

The most important stakeholders of the company are:

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