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Unit V Assessment/ Business Policy and Strategy
1. Define and give an example of business analytics. Why is this technique becoming so widely
used in organizations today?
Your response should be at least 200 words in length.
2. Describe a conflict situation that requires you to use 1) avoidance, 2) defusion, and 3)
confrontation in order to solve the problem.
Your response should be at least 200 words in length.
3. Describe the relationship between annual objectives and policies.
Your response should be at least 200 words in length.
4. Strategy formulation focuses on effectiveness, whereas strategy implementation focuses on
efficiency. Which is more important—effectiveness or efficiency? Give an example of each
concept, and explain your answer.
Your response should be at least 200 words in length.
Course eTextbook
David, F. R., & David, F. R. (2015). Strategic management: A competitive advantage approach,
concepts and cases [VitalSource Bookshelf version] (15th ed.). Retrieved from
https://www.vitalsource.com/textbooks?term=9781323322406
Unit V Assessment /International Trade
1. Examine the idea that the sugar import quota was viewed as a method of increasing the
domestic price of sugar to offset the adverse effects of falling prices for U.S. sugar
producers. Do you agree or disagree with this idea? Justify your response with one example.
Your response should be at least 200 words in length.
2. Suppose that the world price for cotton is below the U.S. domestic price but the government
requires that all cotton used in the United States be domestically produced. What response to
such a policy would you expect from industries (like textile producers) that use U.S. cotton?
Your response should be at least 200 words in length.
Course Textbook(s) Feenstra, R. C., & Taylor, A. M. (2017). International trade (4th ed.). New
York, NY: Worth.
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