Preview

TCA BUS2005 Draftv1 0 Demo

Satisfactory Essays
Open Document
Open Document
575 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
TCA BUS2005 Draftv1 0 Demo
Name______________________________________ID________________________

University of Northampton | Northampton Business School

module TITLE StrategIC MANAGEMENT
MODULE CODE BUS 3005SF 2014/2015 Time Constrained Assessment

th January 2014 Duration: 2 1/2 Hours

INSTRUCTIONS TO CANDIDATES

Mark your answers to questions in Section A, B & C inside this examination paper.

Section A = Multiple Choice Questions – circle the correct answer
Section B = Short Answer Questions – write a brief answer in a sentence or two
Section C = Mini-project – write a couple of hundred words.

Read the entire TCA before beginning. Plan your time wisely.

Be sure to write your name and student number on this examination paper

The following materials may be taken into the examination:
Normal writing and drawing instruments.

The following materials may NOT be taken into the examination.
Candidates may not use a dictionary
Candidates are not allowed to use notes of any kind.
Candidates are not allowed to use electronic devices of any kind. Stow mobile telephones, tablets (etc.) in a bag / under your seat and in SILENT mode.

This paper consist of _______ pages
1. Multiple choice questions

Porter’s Five Forces model suggests that high Supplier-Power is a good thing for a company.
a. True
b. False

The Resource-Based View (RBV) suggests that profit is made by firms that brigade and exploit resources and capabilities more efficiently than competitors.
a. True
b. False

Who is primarily responsible for the development of corporate-level strategy? a Supervisors b Middle age management c Senior management team d Shareholders.

The Political element of the PEST analysis includes considerations for which of the following: a party alignments; b legislation; c relations with industry (pro/against); d stability of government; e all of the above;

What can Strategic Analysis & Management do? a Diagnose current problems b Develop new options c Position or

You May Also Find These Documents Helpful

  • Powerful Essays

    ITIS 2P91 Final Exam

    • 3743 Words
    • 20 Pages

    The only materials allowed on your desk are pens, pencils and erasers. Personal notes, course documents and textbooks are NOT allowed. Communications capable devices (cell phones, computers, palm pilots, etc.) are NOT allowed. During the exam, students are not permitted to communicate with each other, share or exchange any books, papers or read each other’s answers. No examination aids other than those specified are permitted. USE OR POSSESSION OF UNAUTHORIZED MATERIALS WILL AUTOMATICALLY RESULT IN A GRADE OF ZERO FOR THIS EXAMINATION.…

    • 3743 Words
    • 20 Pages
    Powerful Essays
  • Satisfactory Essays

    are attached at the end of the exam. Answer all questions in this booklet. The booklet…

    • 2530 Words
    • 27 Pages
    Satisfactory Essays
  • Better Essays

    Study2

    • 2187 Words
    • 8 Pages

    The following are study questions for the examination. The examination will be a closed-book examination.…

    • 2187 Words
    • 8 Pages
    Better Essays
  • Good Essays

    5 Forces & Tesco

    • 663 Words
    • 3 Pages

    Supplier power is an important part of the Porters five forces model. Implications for Tesco are many. Supplier power is wielded by suppliers demanding that retailers pay a certain price for their goods. If retailers don't pay the price, they don't get the goods to sell. But large supermarkets, like Tesco, have an overwhelming advantage over the small shopkeeper—they can dictate the price they pay the supplier. If the supplier does not reduce the price, they will be left with a much smaller market for their produce.…

    • 663 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    law assignment USA

    • 1767 Words
    • 6 Pages

    THIS IS NOT A GROUP EXAM. YOU MAY NOT DISCUSS THIS EXAM WITH ANYONE FOR ANY REASON. COPYING FROM ANOTHER PERSON WILL RESULT IN FAILING THE COURSE. WRITE ALL ITEMS IN YOUR OWN WORDS. DON’T SIMPLY COPY FROM THE WEB. GIVE REFERENCE WHEN NECESSARY.…

    • 1767 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    The resource-based view (RBV) approach to competitive advantage contends that internal resources are more important for a firm than external factors in achieving and sustaining competitive advantage. The basic premise of the RBV is that the mix, type, amount, and nature of a firm’s internal resources should be considered first and foremost in devising strategies that can lead to sustainable competitive advantage, according to RBV analysts. Managing strategically according to RBV involves developing and exploiting a firm’s unique resources and capabilities and continually maintaining and strengthening those resources.…

    • 638 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Dynamic Capability

    • 11545 Words
    • 47 Pages

    The resource-based view of the firm (RBV) is an influential theoretical framework for understanding how competitive advantage within firms is achieved and how that advantage might be sustained over time (Barney, 1991; Nelson, 1991; Penrose, 1959; Peteraf, 1993; Prahalad and Hamel, 1990; Schumpeter, 1934; Teece, Pisano, and Shuen, 1997; Wernerfelt, 1984). This…

    • 11545 Words
    • 47 Pages
    Powerful Essays
  • Powerful Essays

    The fundamental principle of the RBV is that the basis for a competitive advantage of a firm lies primarily in the application of the bundle of valuable resources at the firm’s disposal (Wernerfelt, 1984; Rumelt, 1984).…

    • 2160 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    The resource based view of the firm (RBV) deals with the concept that by understanding the internal resource base and core competences, the management of a business will be able to employ this specific knowledge to create and sustain a competitive advantage. The RBV promotes the idea of firm heterogeneity and the notion that the conscious and tacit development of idiosyncratic bundles of resources and competences will provide competitive advantage. This is in contrast to the traditional analysis and strategy formulation that considered, in a neo-classical light, each firm to be a representative entity whose strategy was guided by the selection of a profitable industry followed by the pursuit of a generic strategy. ?It has been shown that intra-industry differences in profits are greater than inter-industry differences in profits, strongly suggesting the importance of firm-specific factors and the relative unimportance of industry effects? (Teece et al, 1997, p.514). Ultimately the RBV helps to create an understanding of how a firm relative to its peers generates a sustainable competitive advantage. I intend to elucidate upon the fundamental elements of the RBV, including its strengths and limitations and hopefully prove that its internal focus should be considered as ?a complement to the traditional emphasis of strategy on industry structure and strategic positioning as the determinants of competitive advantage? (Eisenhardt & Martin, 2000, p.1105).…

    • 1641 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Resource based view focuses on the resources and capabilities possessed by the firm to analyze the profitability and value (Wernerfelt, 1984, Barney, 1986, Makhija, 2003). Unlike to traditional strategic view, which considers the firm in terms of competitive environment, resource based view offers the assumption that how to out perform competitors based upon firm-specific resources and capabilities (Das and Teng, 2000).…

    • 764 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Resource Based View

    • 513 Words
    • 3 Pages

    The significance of RBV is giving the advantage for a starting point for analysis of the relative strength and weaknesses of firms. In some extent, RBV helps to explain why some resources are more advantage-generating than others and also why resources asymmetries and consequent competitive advantages persist even in competition of open competition. According to Fahy (2000), the essential element of RBV are as follows: (i) sustainable competitive advantage and superior performance; (ii) the characteristics and types of advantage-generating resources, and (iii) strategic choices by management.…

    • 513 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Tkt Module 3 Test Sample

    • 2615 Words
    • 11 Pages

    INSTRUCTIONS TO CANDIDATES Do not open this booklet until you are told to do so. Write your name, Centre number and candidate number on the answer sheet if they are not already printed. There are eighty questions in this paper. Answer all questions. Mark your answers on the separate answer sheet. Use a pencil. You may write on the question paper, but you must mark your answers in pencil on the answer sheet. You will have no extra time for this, so you must finish in one hour and twenty minutes. At the end of the test, hand in both the question paper and the answer sheet. INFORMATION FOR CANDIDATES Each question in this paper carries one mark.…

    • 2615 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Euro B2 Nyelvvizsga

    • 608 Words
    • 3 Pages

    You may use a non-electronic dictionary. You must not speak to the other candidates. You may make notes but do not read aloud from the notes in the test. You may take this sheet of paper and your notes into the examination. In the test, give your notes to the examiner when asked.…

    • 608 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Job Interview

    • 793 Words
    • 4 Pages

    Answer ALL questions from PART A and any three (3) questions from PART B in the Answer Booklet. Start each answer on a new page. Do not bring any material into the examination room unless permission is given by the invigilator. Please check to make sure that this examination pack consists of: i) ii) the Question Paper an Answer Booklet - provided by the Faculty…

    • 793 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Information.Pdf

    • 4106 Words
    • 17 Pages

    Answer ALL the questions. Read ALL the questions carefully. The mark allocation, in general, gives an indication of the number of facts/reasons required. Number the answers correctly according to the numbering system used in this question paper. ONE diagram sheet for QUESTION 5.1.3 is attached at the end of this question paper. Write your centre number and examination number on this sheet in the spaces provided and insert the sheet inside the back cover of your ANSWER BOOK. Write neatly and legibly.…

    • 4106 Words
    • 17 Pages
    Satisfactory Essays