What is a Cash flow statement?
3. Question 3 What is a Cash flow statement? 1 point A bank statement showing entries in an account An orderly list showing how much cash went out,…
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What is a “balance sheet”?
1. Question 1 What is a “balance sheet”? 1 point A list of assets and liabilities A statement showing inflow and outflow of money A list of…
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A “magic circle” feedback loop leads to market leadership because:
3. Question 3 A “magic circle” feedback loop leads to market leadership because: 1 point Lower costs drive lower prices, higher market share, further declines in cost and so…
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How can steep learning curves become dangerous to a company?
2. Question 2 How can steep learning curves become dangerous to a company? 1 point They lock the company in to old products rather than create new ones …
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Why should every person, every team, every business practice “debrief”?
1. Question 1 Why should every person, every team, every business practice “debrief”? 1 point To pin the blame on those responsible for failure To make sure all…
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An example of a platform strategy is:
3. Question 3 An example of a platform strategy is: 1 point Samsung Galaxy Sony Walkman Ford Explorer
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Mass customization, a special case of platform strategy, is:
2. Question 2 Mass customization, a special case of platform strategy, is: 1 point Rapid redesign of mass produced products to meet new needs Tailoring products to customer…
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A product platform is:
1. Question 1 A product platform is: 1 point A production setup that can produce a variety of products A set of shared assets, shared by products …
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Southwest Airline’s activity map features:
3. Question 3 Southwest Airline’s activity map features: 1 point Low prices, limited passenger service, on-time departures; use of midsize city airports Flexible union contracts, fast turnaround, improved…
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Ikea’s activity map has four key ‘black circles’:
2. Question 2 Ikea’s activity map has four key ‘black circles’: 1 point Quality, design, price, variety Large stores; good parking; food; playroom for kids Limited customer…