Question 1

Explain the disadvantages of being a first mover organization.

Accepted Answer

Uncertainty over exact direction technology and market will go
?Risk of competitor imitating innovations (free-rider effect)
?Financial and strategic risks; high development costs

Question 2

According to the Miles and Snow typology, a defender

Accepted Answer

A)  searches for market stability. 
B)  seeks innovation. 
C)  simply reacts to environmental changes. 
D)  makes strategic adjustments only when forced to do so. 
A)  searches for market stability. 
B)  seeks innovation. 
C)  simply reacts to environmental changes. 
D)  makes strategic adjustments only when forced to do so. A

Question 3

The reactor competitive strategy involves thorough analysis of new business ideas and imitation.

Accepted Answer

A) True 
 B)False  False

Question 4

Mintzberg's generic strategies are more popular than Porter's generic strategies.

Accepted Answer

A) True 
 B)False

Question 5

Describe some product strategies.

Accepted Answer

Product design and development strategie

Question 6

One disadvantage of the cost leader strategy is the ability to remain unique to the customer.

Accepted Answer

A) True 
 B)False

Question 7

The product functional strategies include design, production-operations, and human resources.

Accepted Answer

A) True 
 B)False

Question 8

The process of creating and providing goods and services is production-operations.

Accepted Answer

A) True 
 B)False

Question 9

One factor that would lead to high-performance work practices is

Accepted Answer

A)  using contingent pay. 
B)  forming problem-solving groups. 
C)  conducting attitude surveys. 
D)  All of the answer choices are correct. 
E)  None of the answer choices is correct. 
A)  using contingent pay. 
B)  forming problem-solving groups. 
C)  conducting attitude surveys. 
D)  All of the answer choices are correct. 
E)  None of the answer choices is correct.

Question 10

An organization's ________ strategies reflect its commitment to and treatment of its employees.

Accepted Answer

A)  procurement 
B)  corporate 
C)  HR 
D)  competitive. 
E)  cooperative. 
A)  procurement 
B)  corporate 
C)  HR 
D)  competitive. 
E)  cooperative.

Question 11

An organization's two main support processes are information systems and auditing systems.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following is included under the product functional strategies?

Accepted Answer

A)  Marketing 
B)  Management 
C)  Supervision 
D)  Leadership 
E)  Control 
A)  Marketing 
B)  Management 
C)  Supervision 
D)  Leadership 
E)  Control

Question 13

Which of the following is NOT a way to segment specialized market niches?

Accepted Answer

A)  Price consciousness 
B)  Geographical 
C)  Type of customer 
D)  Product line segment 
A)  Price consciousness 
B)  Geographical 
C)  Type of customer 
D)  Product line segment

Question 14

Ms. diMatteo discovered in opening her second restaurant, she needed to pay attention to which of the following concerns?

Accepted Answer

A)  The product 
B)  The people 
C)  The support processes 
D)  All the above answer choices are correct. 
E)  None of the answer choices are correct. 
A)  The product 
B)  The people 
C)  The support processes 
D)  All the above answer choices are correct. 
E)  None of the answer choices are correct.

Question 15

List some examples of high-performance work practices.

Accepted Answer

Self-directed work teams and j

Question 16

The three functional strategies relate to the product, the processes, and the people.

Accepted Answer

A) True 
 B)False

Question 17

________ is when organizations battle or vie for some desired object or outcome.

Accepted Answer

A)  Competition 
B)  Strategy 
C)  Goal 
D)  Objective 
A)  Competition 
B)  Strategy 
C)  Goal 
D)  Objective

Question 18

Which of the following is NOT one of Miles and Snow's adaptive strategies?

Accepted Answer

A)  Cost leader 
B)  Prospector 
C)  Defender 
D)  Analyzer 
A)  Cost leader 
B)  Prospector 
C)  Defender 
D)  Analyzer

Question 19

Francesca's has had a higher than desirable level of server turnover. Ms. diMatteo decided she needed to pay better attention to which strategies?

Accepted Answer

A)  Marketing 
B)  Human resources 
C)  Information 
D)  Financial-accounting 
E)  None of the answer choices is correct. 
A)  Marketing 
B)  Human resources 
C)  Information 
D)  Financial-accounting 
E)  None of the answer choices is correct.

Question 20

The process of creating goods and services in which organizational resources are transformed into outputs is called production-operations.

Accepted Answer

A) True 
 B)False

Explain the disadvantages of being a first mover organization.

According to the Miles and Snow typology, a defender

The reactor competitive strategy involves thorough analysis of new business ideas and imitation.

Mintzberg's generic strategies are more popular than Porter's generic strategies.

Describe some product strategies.

One disadvantage of the cost leader strategy is the ability to remain unique to the customer.

The product functional strategies include design, production-operations, and human resources.

The process of creating and providing goods and services is production-operations.

One factor that would lead to high-performance work practices is

An organization's ________ strategies reflect its commitment to and treatment of its employees.

An organization's two main support processes are information systems and auditing systems.

Which of the following is included under the product functional strategies?

Which of the following is NOT a way to segment specialized market niches?

Ms. diMatteo discovered in opening her second restaurant, she needed to pay attention to which of the following concerns?

List some examples of high-performance work practices.

The three functional strategies relate to the product, the processes, and the people.

________ is when organizations battle or vie for some desired object or outcome.

Which of the following is NOT one of Miles and Snow's adaptive strategies?

Francesca's has had a higher than desirable level of server turnover. Ms. diMatteo decided she needed to pay better attention to which strategies?

The process of creating goods and services in which organizational resources are transformed into outputs is called production-operations.

Introducing the Concepts

The Context of Managing Strategically

Assessing Opportunities and Threats: Doing an External Analysis

Assessing Strengths and Weaknesses: Doing an Internal Analysis

Corporate Strategies

International Strategies

Module Special Topics in Strategy

Filters

Exam 5: Functional and Competitive Strategies

Explain the disadvantages of being a first mover organization.

According to the Miles and Snow typology, a defender

The reactor competitive strategy involves thorough analysis of new business ideas and imitation.

Mintzberg's generic strategies are more popular than Porter's generic strategies.

Describe some product strategies.

One disadvantage of the cost leader strategy is the ability to remain unique to the customer.

The product functional strategies include design, production-operations, and human resources.

The process of creating and providing goods and services is production-operations.

One factor that would lead to high-performance work practices is

An organization's ________ strategies reflect its commitment to and treatment of its employees.

An organization's two main support processes are information systems and auditing systems.

Which of the following is included under the product functional strategies?

Which of the following is NOT a way to segment specialized market niches?

Ms. diMatteo discovered in opening her second restaurant, she needed to pay attention to which of the following concerns?

List some examples of high-performance work practices.

The three functional strategies relate to the product, the processes, and the people.

________ is when organizations battle or vie for some desired object or outcome.

Which of the following is NOT one of Miles and Snow's adaptive strategies?

Francesca's has had a higher than desirable level of server turnover. Ms. diMatteo decided she needed to pay better attention to which strategies?

The process of creating goods and services in which organizational resources are transformed into outputs is called production-operations.

Introducing the Concepts

The Context of Managing Strategically

Assessing Opportunities and Threats: Doing an External Analysis

Assessing Strengths and Weaknesses: Doing an Internal Analysis

Corporate Strategies

International Strategies

Module Special Topics in Strategy

Filters