Strategic Management and Product Attribute Design

WPC EXAM 1
WISH YOU GOOD LUCK!

(Q1)
According to the lecture on Scenario Development, what are the two basic methods of obtaining an informational interview?
Correct Answer: Be referred and a cold call based on research

(Q2)
According to the lecture on Product Attribute Design, the “product test market” portion of the Career Cycle involves:
Correct Answer: Getting your first job

(Q3)
Which of the following terms BEST fits the following definition by Anders Ericsson: "an action or practice designed to improve specific parts of a performance”?
Correct Answer: deliberate practice
Q4
According to the lecture on Product Attribute Design, which of the following are listed on the National Association of Colleges and Employers (NACE) skills list?
Correct Answer: All of the above

Q5
A company's business purpose can also be referred to as the _____________ of the business when applying a strategic plan.
Correct Answer: mission
Q6
The “passion” mindset is well-suited to acquiring career capital.
Correct Answer: False
Q7
All of the following terms describe the “craftsman mindset” EXCEPT
Correct Answer: focusing on what the world can give to you
Q8
Wrzesniewski describes a "career" as:
Correct Answer: work used to obtain better positions
Q9
According to the lecture on Product Attribute Design, the “product engineering” portion of the Career Cycle involves:
Correct Answer: Learning about or re-evaluating self
Q10
According to the article Five Years to B-School, the important thing in five years when you write your application is:
Correct Answer: You know exactly what you want to do
Q11
Which of the following terms BEST describes ideas that flow naturally from related discoveries and fields, often leading to simultaneous discoveries or advances?
Answer

Correct Answer: adjacent possible
Q12
The Vault Guides can be used to:
Answer
Correct Answer: Learn about different