| Exam Name: | Managing Performance | ||
| Exam Code: | E2 Dumps | ||
| Vendor: | CIMA | Certification: | CIMA Management |
| Questions: | 210 Q&A's | Shared By: | margo |
The means by which competitive advantage might be gained differs, depending on whether a resource based approach or a positioning approach is adopted.
Which of the following options characterises the resource based approach?
Select ALL that apply:
A manager is introducing a new bonus scheme into the business that will affect ail employees.
Using Likert's model he follows a benevolent authoritative style of management.
Which of the following best describes the way he introduced the new bonus scheme?
A low cost airline is operating three flights a day between two industrial cities in neighbouring countries. The cities are 300 km apart and the terrain between the two countries is mostly flat grasslands. The two cities are also linked by motorways and a railway line.
At first the airline enjoyed first mover advantage and generated healthy profits for three years. But more recently, the airline is experiencing intense competitive pressures, reduced passenger numbers and lower returns. The airline directors are using Porter's Five Forces framework to analyse the nature and severity of the various competitive forces being experienced.
In the context of this model which of the following forces would be considered as a threat of a substitute product or service?
TESTED 19 May 2024
