You will find most of the Business Strategy Game Quiz 1 answers below. I recommend reading over them a few times and watching the video to familiarize yourself with the content. All BSG-Online quizzes are timed. Keep in mind, your quiz 1 results DO effect your overall Business Strategy Game grade. Most Business Strategy Game/Glo-Bus classes have quizzes separated in difficulty known as “BSG Quiz 1” and BSG Quiz 2″ or “Glo-Bus Quiz 1” and “Glo-Bus Quiz 2”. The quizzes have many in game questions relating to the rules, and some questions can be very difficult.

Related Topics

• 
  The term_________ is used to refer to strategy formulation, implementation, andevaluation, with _________referring only to strategy formulation.
  strategic planning; strategic management
  assessment; planning
  strategic management; strategic planning
  management cycle; brainstorming
• 
  Which ofthese requires a firm to establish annual objectives, devise policies,and allocate resources?
  Strategy formulation
  Strategy implementaion
  Strategy evaluation
  Strategy manipulation
• 
  Anythingthat a firm does especially well compared to rival firms is referred toas:
  competitive advantage.
  comparative advantage.
  an external opportunity.
  opportunity cost
• 
  Which environment is strategies, management, employees, product or services?
  internal
  industry
  general external
  global
• 
  Which environment is competitors, suppliers, customers, stockholders, micro, porters model, unions, local community and general public?
  internal
  industry
  general external
  global
• 
  Which environment is special teams, political issues, legal changes, macro, and technology trends?
  internal
  industry
  general external
  global
• 
  The purpose of the value proposition is to provide
  the firm with a reason why buyers prefer their product or service offering.
  the buyer with a reasons why the product or service is superior to competing offers.
  the firm with a moral code of ethics.
  the buyer with a pice point for purchases.
  the seller with a price point for purchases.
• 
  Sally's cookie company sells products both online and at retail locations. She has developed multiple value propositions because
  cookies need more explanation than other products due to the variety of flavors.
  Sally is an overachiever and likes to do more work than necessary.
  Sally's firm is serving more than one target market.
  cookies are part of a saturated market.
  cookies are in the mature stage of the product life cycle.
• 
  The group of customers toward which an organization directs its marketing efforts is know as the
  constituency.
  target market.
  direct market.
  value group.
  key market.
• 
  1. According to the lecture, working memory demandsin the classroom arise from two sources. The demands that are not bound to the task are called:
  extrinsic
  intrinsic
  neither
• 
  1. Based on the course lecture, the binding processesof multiplication, carrying, and addition is an example of which kind ofdemand?
  extrinsic
  intrinsic
  neither
• 
  1. According to the article by Baddeley, which ofthese is not part of Baddeley’s multi-component model of working memory
  central executive
  visuo-spatial sketchpad
  phonological loop
  declarative storage

• 1. According to the lecture, working memory demandsin the classroom arise from two sources. The demands that are not bound to the task are called:
  Extrinsic
  Intrinsic
  Neither

• Which of the following is not a method that is used to prepare workers for international assignments?
  Cultural Simulation
  Field Experience
  Foreign Language Class
  Documentary Training

• Why have a SHRM student chapter at FSC?
  SHRM provides opportunities for students to network on the local level through student chapters
  SHRM student chapters have regular meetings with scheduled programs designed to help members learn more about HR and the real world of business.
  SHRM is a great way to network and be connected to the business world.
  SHRM membership is a noticeable addition to your resume.
  All the above.

• How many days are in a normal year?
  355
  356
  365
  366

• When consumers realize there is a difference between their current state and their desired state, they have entered the ______ stage of the buying process.
  Need recognition
  Search for information
  Product evaluation
  Product purchase
  Post-purchase evaluation

• In the process of strategic management, strategic implementation is typically followed by strategic analysis.
  True
  False

• What does SWOT stand for?
  Strengths, Weaknesses, Opportunities, Threats
  Strengths, Weaknesses, Options, Threats
  Strategies, Weaknesses, Options, Tactics
  Strategies, Weaknesses, Opportunities, Threats

• What are Bullhorn's six core values?
  Passion, Respect, Energy, Edge, Innovation, Stewardship
  Passion, Energizing, Impact, Innovation, Edge, Accountability
  Edge, Energy, Respect, Innovation, Integrity, Accountability
  Impact, Energizing, Passion, Innovation, Sterwardship, Integrity

Business Strategy Game Quiz 1 Answers Download App

• “Knowing the other and knowing oneself, in one hundred battles no danger. Not knowing the other and knowing oneself, one victory for one loss. Not knowing the other and not knowing oneself, in every battle certain defeat.” Whose famous words are these?
  Niccolo Machiavelli in The Prince
  Chanakya in Arthasasthra
  Vikram Chandra in The Big Fight
  Sun Tzu in The Art of War

• What is your age range?
  18 Years old or younger
  Between 18 and 24 years old
  Between 25 and 30 years old
  Between 30 and 35 years old
  36 years old or older

• What were you doing on June 25, 2008?
  I was relaxing.
  I was sleeping.
  I was at my Strategic Marketing Class.
  I was at the park.

• What year did Fashion Island open?
  1959
  1967
  1970

Business Strategy Game Quizlet

• What percentage of UK households had internet access in 1999?
  3
  13
  33

Business Strategy Game Quiz 1 Answers Download Pdf

• An inventory of all Air Force in-house activities, both inherently governmental and commercial activities, as well as contracted commercial activities. (pg49)
  Air Force Inherently Governmental/Commercial Activities Inventory
  Commercial Activity
  Privatization

• Which of the following positions is considered an HR Specialist?
  Industrial Relations Director
  Human Resource Manager
  Personnel Administrator
  Human Resource Team Leader

• What group evaluates the strategic improvement suggestions?
  PM and team leads
  Configuration Management team
  Strategic Improvement Group (SIG)
  The Change Control Board (CCB)

• What does RAM stand for?
  Roaming Amount (of) Memory
  Roaming Accessible Memory
  Random Access Memory