BAT Practice Test 2022/2023 with all correct answers
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Which of the following is not one of the four basic strategies a company can employ to deal with competitive forces? A) focus on market niche B) Compete on employee loyalty C) Strengthen customer a ... nd supplier intimacy D) Differentiate products E) Low cost leadership B A relocation control system that reports summaries on the total moving, house-hunting, and home financing costs for employees in all company divisions would fall into the category of an: A) MIS B)CRM System C)TPS D)ESS E)KMS A A _______ is a collection of independent firms that use information technology to coordinate their value chains to produce a product or service for a market collectively A) value web B)value chain C)supply chain D)business network A Suppliers, customers, employees, products and services, and ______ are the five basic entities with which business must deal A) invoices and payments B) manufacturing and production C)the environment D)technology E)sales and marketing A Which of the following is an example of a key force in a firms broader, less immediate environment A) Economic trends B) Regulations C) Competitors D) Suppliers E) Customers A Verizon's implementation of a web-based digital dashboard to provide managers with real time information, such as customer complaints, is an example of: A) competitive advantage B) A new product C) improved flexibility D) improved decision making E)supplier intimacy not A [Show More]
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