DBA Doctor of Business Administration 5

Question 1

Which framework is commonly used for strategic analysis by examining Strengths, Weaknesses, Opportunities, and Threats?

Accepted Answer

SWOT analysis

Answer

SWOT analysis integrates internal factors (strengths, weaknesses) with external environmental factors (opportunities, threats) to inform strategy.

Question 2

In operations management, 'Total Quality Management' (TQM) is best characterized by:

Accepted Answer

Organization-wide commitment to continuous quality improvement

Answer

TQM is a management philosophy embedding quality improvement in all organizational processes and involving every employee, not just the quality department.

Question 3

A DBA researcher using 'triangulation' in their study is doing so primarily to:

Accepted Answer

Enhance credibility by using multiple data sources or methods

Answer

Triangulation improves research validity and trustworthiness by cross-checking findings using multiple methods, data sources, investigators, or theories.

Question 4

Agency theory in corporate governance primarily addresses conflicts between:

Accepted Answer

Shareholders (principals) and managers (agents)

Answer

Agency theory examines how shareholders can ensure managers act in their interests rather than pursuing personal goals, given information asymmetry.

Question 5

Which concept describes a firm's bundle of unique resources and capabilities that provide sustained competitive advantage?

Accepted Answer

Resource-based view (RBV)

Answer

The Resource-Based View (Barney) argues that rare, valuable, inimitable, and non-substitutable (VRIN) internal resources are the source of sustainable competitive advantage.

DBA - Doctor of Business Administration Practice Test

DBA - Doctor of Business Administration Practice Test

DBA Doctor of Business Administration 5