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A matching question presents 3 answer choices and 3 items. The answer choices are lettered
A through C. The items are numbered 3.1 through 3.3. Screen readers will read the answer
choices first. Then each item will be presented along with a select menu for choosing an
answer choice.Using the pull-down menus, match each item in the left column to the
corresponding item in the right column.
Business
strategy
Corporate
strategy
Functional
strategy
A matching question presents 5 answer choices and 5 items. The answer choices are lettered
A through E. The items are numbered 5.1 through 5.5. Screen readers will read the answer
choices first. Then each item will be presented along with a select menu for choosing an
answer choice.Using the pull-down menus, match each item in the left column to the
corresponding item in the right column.
Prospector
Defender
Reactor
Not in Miles
and Snow
typology
Analyser
5.5 Operates
entrepreneurially,
without explicit
strategy.
A matching question presents 4 answer choices and 4 items. The answer choices are lettered
A through D. The items are numbered 7.1 through 7.4. Screen readers will read the answer
choices first. Then each item will be presented along with a select menu for choosing an
answer choice.Using the pull-down menus, match each item in the left column to the
corresponding item in the right column.
7.1 1
Diversification
Market development
7.2 2
Product development
7.3 3
Decentralisation
7.4 None of
these
In the sketch of the BCG matrix, what is the label of the horizontal
axis?
Market growth rate
Product range
Business strength
Market share
Stage in product life cycle
Industry growth rate
In the sketch of the BCG matrix, what is the label of the vertical axis?
Market share
Business size
Business strength
Industry growth rate
Market growth rate
Strength of competition
A matching question presents 5 answer choices and 5 items. The answer choices are lettered
A through E. The items are numbered 11.1 through 11.5. Screen readers will read the
answer choices first. Then each item will be presented along with a select menu for choosing
an answer choice.Using the pull-down menus, match each item in the left column to the
corresponding item in the right column.
11.1 1
Intended
11.2 2
11.3 3
Emergent
Deliberate
Unrealised
11.4 4
Realised
11.5 5
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Summary of Results
Site Title:
17 Incorrect:
Book Title:
Naylor
29%
71%
Book
Author:
1.
Any of these
Your
Answer:
2.
What are stages 2, 3 and 4 of the outline strategy process?
Appraisal of strengths and weaknesses; choice of
Your Answer: strategic direction; strategy implementation
3.
Option
Your Answer:
A. Business strategy
B. Corporate strategy
C. Functional strategy
3.1
3.2
3.3
4.
5.
Option
Your Answer:
Correct Answer:
5.1
5.2
5.3
5.4
5.5
C. Reactor
B. Defender
B. Defender
A. Prospector
B. Defender
E. Analyser
Operates entrepreneurially,
without explicit strategy.
6.
Strategy alternatives
Your Answer:
Grand strategies
Correct
Answer:
7.
Name cells 1,2 and 3 in Ansoff's product-market matrix.
Option
1
7.1
Your Answer:
B. Market development
Correct Answer:
C. Product development
B. Market development
B. Market development
D. Decentralisation
A. Diversification
None of these
C. Product development
D. Decentralisation
7.2
7.3
7.4
8.
9.
In the sketch of the BCG matrix, what is the label of the horizontal axis?
Business strength
Your Answer:
Market share
Correct
Answer:
10
.
In the sketch of the BCG matrix, what is the label of the vertical axis?
Strength of competition
Your Answer:
Industry growth rate
Correct
Answer:
11
.
Option
Your Answer:
Correct Answer:
B. Emergent
A. Intended
A. Intended
E. Realised
C. Deliberate
B. Emergent
D. Unrealised
C. Deliberate
E. Realised
D. Unrealised
11.1
11.2
11.3
11.4
11.5
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INCORRECT
INCORRECT
INCORRECT
XYZ Corp. is centering on the objective of low-cost, high quality, on-time production by
curtailing idle productive facilities and workers. The XYZ Corp. is taking advantage of a
____________ system.
A) Just-In-Time (JIT)
B Last In, First Out
) (LIFO)
C First In, First Out
) (FIFO)
D) Highly mechanized
INCORRECT
INCORRECT
revenues and
enabling it to enter
new markets.
C effective information
) systems contributing
significantly to a
firm's overall cost
leadership strategy.
D top management
) providing a key role
in collaborating with
important customers.
INCORRECT
The competencies or skills that a firm employs to transform inputs into outputs are:
A) tangible resources.
B)intangible resources.
C organizational
) capabilities.
D reputational
) resources.
INCORRECT
An array of firm resources include interpersonal relations among managers in the firm,
its culture, and its reputation with its customers and suppliers. Such competitive
advantages are based upon
A)physical uniqueness.
B) path dependency.
C) social complexity.
D) tangible resources.
INCORRECT
A) liquidity ratios
B) profitability ratios
C) activity ratios
D) leverage ratios
INCORRECT
The "balanced scorecard" supplies top managers with a _____________ view of the
business.
A) long-term financial
B)detailed and complex
C) simple and routine
D fast but
) comprehensive
The CEO of Lucent Technologies made a lot of mistakes, such as committing errors in assessing the market
and competitive conditions, as well as improperly redesigning the organization into 11 business units. Such
errors led to performance declines. According to the text, this example illustrates the _________________
perspective of leadership.
A) romantic
B) internal
mechanism
C) operational
D) external control
INCORRECT
D) strategy analysis.
INCORRECT
Strategy implementation
and formulation is a
challenging, on-going
process. To be effective, it
should involve
A) the board of
directors, CEO,
and CFO.
B) line and staff
managers.
C) the CEO and the
board of
directors.
D) all of the above.
INCORRECT
Members of an
organization's board of
directors should, while
working to prioritize and
fulfill their responsibilities,
A) direct all actions
of the CEO.
B) emphasize the
importance of
short-term goals.
C) represent their
own interests.
D) represent the
interests of the
shareholders.
INCORRECT
INCORRECT
INCORRECT
objectives, vision
statements.
B) mission
statements,
vision
statements,
strategic
objectives.
C) vision
statements,
strategic
objectives,
mission
statements.
D) vision
statements,
mission
statements,
strategic
objectives.
INCORRECT
An organization's mission, in
contrast to it's vision, should
A) be less detailed.
B) encompass all
the major rules
and regulations
of the corporate
work force.
C) encompass both
the purpose of
the company as
well as the basis
of competition.
D) be shorter in
length.
INCORRECT
A) provide specific
objectives.
B) are very specific.
C) evoke powerful
and compelling
mental images.
D) set
organizational
structure.