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OMIS 351 FINAL EXAM ACTUAL QUESTIONS AND ANSWERS 2024 GRADED A+, Exams of Business Economics

Minneapolis Business CollegeBusiness Economics

You learn that a party at Frat House A will have 150 people and a part at Frat House B will have 5 people. You dont know any of the people and each party costs $5 to get in. You choose Frat House A because of brand supplier power network effects price value chain analysis Ans✔✔- network effects Chuck and Kyle's coffee shop is now offering a "buy 5 cups of coffee and get 1 free" promotion. This loyalty program has the purpose of increasing supplier decreasing the quality of the coffee reducing the buying power eliminating the surplus of coffee final sales before going out of business Ans✔✔- reducing the buying power

Typology: Exams

2023/2024

Available from 11/10/2024

Fortis-In-Re
Fortis-In-Re 🇺🇸

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You learn that a party at Frat House A will have 150 people and a part at Frat House B will have 5 people. You dont know any of the people and each party costs $5 to get in. You choose Frat House A because of brand supplier power network effects price value chain analysis Ansv v- network effects Chuck and Kyle's coffee shop is now offering a “buy 5 cups of coffee and get 1 free" promotion. This loyalty program has the purpose of increasing supplier decreasing the quality of the coffee reducing the buying power eliminating the surplus of coffee final sales before going out of business Answv- reducing the buying power The strategic lens will almost always involve improving technology options and connections with suppliers and customers 5 forces value chain analysis resource based view of competitive advantage (RBVoCA)