Requires Respondus LockDown Browser Time Left: 2-40:31 Tate Corporon: Attempt 1

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Requires Respondus LockDown Browser Time Left: 2-40:31 Tate Corporon: Attempt 1 Question 17(1 point) ved Andrews Electronics made a decision to compete in the market for video camcorders and videocassette recorders. Which component of the company's strategy did this decision reflect? Scope Resource deployment Distinctive competence Synergy Entropy Save Question 18 (1 point) The range of markets in which the firm wants to compete is termed resource deployment scope. competitive advantage. synergy None of these 2 3 5 7

Explanation / Answer

17

Distinctive competence.

Andrews Electronics is good at making camcorders and this is a distinctive competence. They are focusing on a given segment

18

Scope

Scope is the area or the range within an entity operates.

19

Resource deployment

Raytheon earns financial resources from defense business and deploys them for publishing business. This is a classic example of resource deployment.

20

Star

Large market share and strong growth is a combination for Star organization in a BCG matrix.

21

Business strategy

Business strategy focuses on a particular business and how the business will be handled in its entirety. This could be a part of a conglomerate but each of their products would have a distinct business strategy.

22

Competitive advantage

When an organization have a brand name for a particular feature, it is their competitive advantage.

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