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E3 Mini Quiz

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Question 1 of 5

Aptix Ltd has moved on from making just one application for its wide base of amateur developers to make multiple applications which can be tweaked and adjusted as per requirement by its developer userbase as and how it is needed. Constant features are being added and changes are being made with feedback from developers from time to time to be able to adapt as per changing environments.

 

This is an example of which of the following?

A

Experiential piloting

B

Design thinking

C

Prototyping

D

Brand atomization

Question 2 of 5

Linda Co. is evaluating the option to adopt deliberate long-term planning. Which of

the following arguments do not work in their favour?

A

Formal planning methodologies require managers to identify changes in the organisation’s circumstances and look at ways to deal with them.

B

By undertaking detailed analysis, management can identify key external and internal risks and create contingency plans to deal with these.

C

The pressures on management are often for long-term results. It can therefore be quite easy to motivate managers by setting long-term strategies as they are already working on them in the first place.

D

Management will have to generate ideas for the organisation, meaning that it can benefit from their experience and ability to innovate

Question 3 of 5

Which of the following statements when speaking about logical incrementalism is incorrect?

A

Strategy is not usually decided by autonomous strategic planning teams that have time to impartially sift all the information and possible options before deciding on the optimal solution.

B

Managers try to make small changes to what they know has worked well in the past.

C

The organisation may have no overall long - term plan, causing it to suffer from strategic drift, eventually leading to it being unable to meet the needs of its customers.

D

The rational model of decision making is considered as the base for the work of Lindbloom.

Question 4 of 5

Okera Ltd is planning to open its pioneer scotch production plans in Scotland mainly due to a major competitive advantage of regional expertise and abundance of scotch production related resources Scotland boosts. Which of the competitive advantage is Okera exploiting with reference to Porter’s Diamond?

A

Strategy, Structure and Rivalry

B

Related and supporting industry

C

Good demand conditions

D

Good factor conditions

Question 5 of 5

Kiera is an opera singer who has seen great success in the recent year from her live
performances around London. She has now decided to record music and instead of
using a distributor, direct fans to her website directly, to buy her music.
What kind of relationship is Kiera trying to maintain with her fans?

A

Disintermediation

B

Reintermediation

C

Counter mediation

D

Mediation

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