University:
Baruch College CUNY
Course:
BUS2000H | Business Fundamentals: The Contemporary Business Landscape
Academic year:

2023
Views:

16

Pages:

2
Author:

Ruby Ibarra

1. Which of the following corresponds to the use of tacit knowledge? Phil assembles a motorcycle from memory. 2. Which of the following is true of acquisitions? They can be friendly or hostile. 3. Susan is the founder of the restaurant chain Right and Fresh. She ensures that the products in her stores are ethically and responsibly sourced. Most products are therefore 100 percent organic and all packaging is manufactured from recycled material. Also, her company sources ingredients from farms within 100 miles from her locations. Susan's belief is that her restaurants should be able to support the community at large. Which of the following terms best describes Susan? Social entrepreneur 4. Which of the following best illustrates site specificity? equipment necessary for mining bauxite and aluminum smelting 5. There are some industries that are more competitive in some countries than others. In order to fully understand why this occurs, we need to examine Porter's Diamond framework. Which of the following below is NOT one of the four factors in this framework? Industry 6. tablets and therefore use more of its chips. That same computer company wants the microchip maker to create chips with faster processing power. What approach could these companies take so that both can serve stockholders well? The two companies should enter a strategic alliance to bring about a win-win situation for them and to limit their rivals' power.