Question 1

Effectiveness is the search for the best practices inside or outside an organization.

Accepted Answer

A) True 
 B)False

Question 2

Mr. Wilson has given more thought to expanding Tuscan Treasures through gaining control of its inputs through purchasing the Italian distributor they are currently working with. Which of the below strategies is Mr. Wilson following here?

Accepted Answer

A)  International 
B)  Backward vertical integration 
C)  Diversification 
D)  Concentration 
E)  Forward vertical integration 
A)  International 
B)  Backward vertical integration 
C)  Diversification 
D)  Concentration 
E)  Forward vertical integration

Question 3

Examples of strategic partnering include

Accepted Answer

A)  vertical integration, international expansion, and horizontal diversification. 
B)  concentration, vertical integration, and strategic alliances. 
C)  joint ventures, horizontal diversification, and international expansion. 
D)  joint ventures, long-term contracts, and strategic alliances. 
E)  None of the answer choices is correct. 
A)  vertical integration, international expansion, and horizontal diversification. 
B)  concentration, vertical integration, and strategic alliances. 
C)  joint ventures, horizontal diversification, and international expansion. 
D)  joint ventures, long-term contracts, and strategic alliances. 
E)  None of the answer choices is correct.

Question 4

A corporate strategy provides the means or mechanisms for making sure the organization achieves its goals.

Accepted Answer

A) True 
 B)False

Question 5

A growth strategy involves the attainment of specific growth objectives by increasing the level of an organization's operations.

Accepted Answer

A) True 
 B)False

Question 6

Strategic managers might decide that the stability strategy is the most appropriate direction under which of the following conditions?

Accepted Answer

A)  When the industry is in a period of rapid upheaval with several key industry and general external forces drastically changing 
B)  When an industry is facing slow or no growth opportunities 
C)  When an organization has been growing rapidly and needs some "down" time to build up its resources and capabilities again 
D)  When large firms are in an industry that's in the maturity stage of the industry life cycle 
E)  All of the above answer choices are correct. 
A)  When the industry is in a period of rapid upheaval with several key industry and general external forces drastically changing 
B)  When an industry is facing slow or no growth opportunities 
C)  When an organization has been growing rapidly and needs some "down" time to build up its resources and capabilities again 
D)  When large firms are in an industry that's in the maturity stage of the industry life cycle 
E)  All of the above answer choices are correct.

Question 7

A concentration strategy

Accepted Answer

A)  does not enable an organization to become very good at what it does. 
B)  cannot cause the organization to become vulnerable to industry and other external environmental shifts. 
C)  allows the firm to diversify into new industries. 
D)  is a growth strategy in which the organization concentrates on its primary line of business and looks for ways to meet its growth objectives through expanding its activities or operations in its core business. 
E)  None of the answer choices is correct. 
A)  does not enable an organization to become very good at what it does. 
B)  cannot cause the organization to become vulnerable to industry and other external environmental shifts. 
C)  allows the firm to diversify into new industries. 
D)  is a growth strategy in which the organization concentrates on its primary line of business and looks for ways to meet its growth objectives through expanding its activities or operations in its core business. 
E)  None of the answer choices is correct.

Question 8

When an organization remains with its core industry, this is an example of a ________ strategy.

Accepted Answer

A)  concentration 
B)  forward integration 
C)  backward integration 
D)  horizontal integration 
E)  related diversification 
A)  concentration 
B)  forward integration 
C)  backward integration 
D)  horizontal integration 
E)  related diversification

Question 9

A company like PepsiCo, with a number of business units such as snack foods, beverages, and prepared foods, is referred to as a

Accepted Answer

A)  single-business organization. 
B)  multiple-business organization. 
C)  multiple-line organization. 
D)  multiple-function organization. 
E)  single-function organization. 
A)  single-business organization. 
B)  multiple-business organization. 
C)  multiple-line organization. 
D)  multiple-function organization. 
E)  single-function organization.

Question 10

Liquidation is the process of selling off a business to someone else where it will continue as an ongoing business.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following is a type of strategic partnering?

Accepted Answer

A)  Licensing 
B)  Exporting 
C)  Joint venture 
D)  Direct investment 
E)  All of the above are correct. 
A)  Licensing 
B)  Exporting 
C)  Joint venture 
D)  Direct investment 
E)  All of the above are correct.

Question 12

What are the possible causes of corporate decline?

Accepted Answer

Over expansion or too rapid growth
?Inad

Question 13

A legal transaction in which two or more organizations combine operations through an exchange of stock is called a(n)

Accepted Answer

A)  acquisition. 
B)  merger. 
C)  takeover. 
D)  repurchase. 
E)  None of the above is correct. 
A)  acquisition. 
B)  merger. 
C)  takeover. 
D)  repurchase. 
E)  None of the above is correct.

Question 14

Bankruptcy is the failure of a business.

Accepted Answer

A) True 
 B)False

Question 15

Downsizing is the failure of a business and involves dissolving the business under the protection of bankruptcy legislation.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following is a benefit of vertical integration?

Accepted Answer

A)  Decreased financial costs of start up 
B)  Increased flexibility 
C)  Ease of integrating various operations 
D)  Increased coordination with competitive strategies 
E)  None of the above is correct. 
A)  Decreased financial costs of start up 
B)  Increased flexibility 
C)  Ease of integrating various operations 
D)  Increased coordination with competitive strategies 
E)  None of the above is correct.

Question 17

Which of the following is a possible organizational growth strategy?

Accepted Answer

A)  Concentration 
B)  Vertical integration 
C)  Horizontal integration 
D)  Diversification 
E)  All of the answer choices are correct. 
A)  Concentration 
B)  Vertical integration 
C)  Horizontal integration 
D)  Diversification 
E)  All of the answer choices are correct.

Question 18

Coca-Cola is a ________ organization and PepsiCo is an example of a ________ organization.

Accepted Answer

A)  multiple-business; single-business 
B)  single-business; multiple-business 
C)  multiple-business; multiple-business 
D)  All of the answer choices are correct. 
E)  None of the answer choices is correct. 
A)  multiple-business; single-business 
B)  single-business; multiple-business 
C)  multiple-business; multiple-business 
D)  All of the answer choices are correct. 
E)  None of the answer choices is correct.

Question 19

Efficiency is

Accepted Answer

A)  the organization's ability to complete or reach goals. 
B)  a specific measure, typically used in the production-operations-manufacturing area, of how many inputs it took to produce outputs. 
C)  the ability of the organization to minimize the use of resources in achieving organizational goals. 
D)  the search for the best practices from other leading organizations. 
E)  None of the answer choices is correct. 
A)  the organization's ability to complete or reach goals. 
B)  a specific measure, typically used in the production-operations-manufacturing area, of how many inputs it took to produce outputs. 
C)  the ability of the organization to minimize the use of resources in achieving organizational goals. 
D)  the search for the best practices from other leading organizations. 
E)  None of the answer choices is correct.

Question 20

All of the following are reflective of restructuring efforts except

Accepted Answer

A)  spin-off. 
B)  liquidation. 
C)  reengineering. 
D)  cost cutting. 
E)  divestment. 
A)  spin-off. 
B)  liquidation. 
C)  reengineering. 
D)  cost cutting. 
E)  divestment.

Effectiveness is the search for the best practices inside or outside an organization.

Mr. Wilson has given more thought to expanding Tuscan Treasures through gaining control of its inputs through purchasing the Italian distributor they are currently working with. Which of the below strategies is Mr. Wilson following here?

Examples of strategic partnering include

A corporate strategy provides the means or mechanisms for making sure the organization achieves its goals.

A growth strategy involves the attainment of specific growth objectives by increasing the level of an organization's operations.

Strategic managers might decide that the stability strategy is the most appropriate direction under which of the following conditions?

A concentration strategy

When an organization remains with its core industry, this is an example of a ________ strategy.

A company like PepsiCo, with a number of business units such as snack foods, beverages, and prepared foods, is referred to as a

Liquidation is the process of selling off a business to someone else where it will continue as an ongoing business.

Which of the following is a type of strategic partnering?

What are the possible causes of corporate decline?

A legal transaction in which two or more organizations combine operations through an exchange of stock is called a(n)

Bankruptcy is the failure of a business.

Downsizing is the failure of a business and involves dissolving the business under the protection of bankruptcy legislation.

Which of the following is a benefit of vertical integration?

Which of the following is a possible organizational growth strategy?

Coca-Cola is a organization and PepsiCo is an example of a organization.

Efficiency is

All of the following are reflective of restructuring efforts except

Introducing the Concepts

The Context of Managing Strategically

Assessing Opportunities and Threats: Doing an External Analysis

Assessing Strengths and Weaknesses: Doing an Internal Analysis

Functional and Competitive Strategies

International Strategies

Module Special Topics in Strategy

Filters

Exam 6: Corporate Strategies

Effectiveness is the search for the best practices inside or outside an organization.

Mr. Wilson has given more thought to expanding Tuscan Treasures through gaining control of its inputs through purchasing the Italian distributor they are currently working with. Which of the below strategies is Mr. Wilson following here?

Examples of strategic partnering include

A corporate strategy provides the means or mechanisms for making sure the organization achieves its goals.

A growth strategy involves the attainment of specific growth objectives by increasing the level of an organization's operations.

Strategic managers might decide that the stability strategy is the most appropriate direction under which of the following conditions?

A concentration strategy

When an organization remains with its core industry, this is an example of a ________ strategy.

A company like PepsiCo, with a number of business units such as snack foods, beverages, and prepared foods, is referred to as a

Liquidation is the process of selling off a business to someone else where it will continue as an ongoing business.

Which of the following is a type of strategic partnering?

What are the possible causes of corporate decline?

A legal transaction in which two or more organizations combine operations through an exchange of stock is called a(n)

Bankruptcy is the failure of a business.

Downsizing is the failure of a business and involves dissolving the business under the protection of bankruptcy legislation.

Which of the following is a benefit of vertical integration?

Which of the following is a possible organizational growth strategy?

Coca-Cola is a ________ organization and PepsiCo is an example of a ________ organization.

Efficiency is

All of the following are reflective of restructuring efforts except

Introducing the Concepts

The Context of Managing Strategically

Assessing Opportunities and Threats: Doing an External Analysis

Assessing Strengths and Weaknesses: Doing an Internal Analysis

Functional and Competitive Strategies

International Strategies

Module Special Topics in Strategy

Filters

Coca-Cola is a organization and PepsiCo is an example of a organization.