Question 1

Match between columns
                        Premises: Acclaim's games are free downloads that are paid for with product endorsement fees for items within the game.
Female gamers have few games that appeal to them.
Microsoft Xbox enables downloadable games.
EA is big enough it can acquire small entrepreneurial companies.
Developing a new game at EA is a huge risk because they are labor intensive and success is not guaranteed.
EA has strategic alliances with movie studios to produce games around popular movies.
Call of Duty, one of gaming's biggest successes, is published and owned by Activision.
EA has cutting-edge effects and graphics.
Sony games cost less to make.

Accepted Answer

The Answer of Strength and Threat and Opportunity and Weakness is...

Question 2

For years, the Tabasco Company used a(n) ____ strategy and manufactured only its famous hot sauce.

Accepted Answer

A)  defender 
B)  single-product 
C)  aggregation 
D)  forward integration 
E)  backward integration 
A)  defender 
B)  single-product 
C)  aggregation 
D)  forward integration 
E)  backward integration

Question 3

In the BCG matrix, businesses are classified on the basis of the ____________________ they hold and the growth rate of that market.

Accepted Answer

The answer of In the BCG matrix, businesses are classified...

Question 4

By broadening their product lines in each of the  countries they enter, international firms may enjoy ____________________ , lowering their production and marketing costs and enhancing their bottom line.

Accepted Answer

The answer of By broadening their product lines in each...

Question 5

Stars, question marks, and dogs could all be net cash users.

Accepted Answer

A) True 
 B)False

Question 6

Kmart has struggled for years competing with Wal-Mart and Target. It tried celebrity labels, but that did not help. It cannot lower prices as low as Wal-Mart, because it does not have the distribution expertise. This is an example of a(n) ____ strategy.

Accepted Answer

A)  prospector 
B)  defender 
C)  reactor 
D)  rescuer 
E)  analyzer 
A)  prospector 
B)  defender 
C)  reactor 
D)  rescuer 
E)  analyzer

Question 7

Porsche Automobil Holding and Volkswagen once owned each other's stock and planned to integrate the companies later. This diversification strategy is ____.

Accepted Answer

A)  acquisition 
B)  forward vertical integration 
C)  horizontal integration 
D)  backward integration 
E)  merger 
A)  acquisition 
B)  forward vertical integration 
C)  horizontal integration 
D)  backward integration 
E)  merger

Question 8

______ is(are) used to promote products or services and the overall public image of the organization.

Accepted Answer

A)  Accounting 
B)  Finance 
C)  Marketing and sales 
D)  Culture 
E)  Manufacturing and production 
A)  Accounting 
B)  Finance 
C)  Marketing and sales 
D)  Culture 
E)  Manufacturing and production

Question 9

United Continental Holdings includes Continental Airlines, United Airline, Chelsea Food Services, and United Cruises, because it was thought that they can accomplish more joined together than they can operating as separate units. Which advantage of related diversification does this best represent?

Accepted Answer

A)  Reducing overhead 
B)  Creating a distinctive competence 
C)  Innovation 
D)  Synergy 
E)  Reducing business dependence 
A)  Reducing overhead 
B)  Creating a distinctive competence 
C)  Innovation 
D)  Synergy 
E)  Reducing business dependence

Question 10

MNCs can exploit advantages over domestic businesses. Which of the following in NOT an advantage?

Accepted Answer

A)  Location efficiencies 
B)  Economies of scope 
C)  Multiple accounting systems 
D)  Multi-market flexibility 
E)  Worldwide learning 
A)  Location efficiencies 
B)  Economies of scope 
C)  Multiple accounting systems 
D)  Multi-market flexibility 
E)  Worldwide learning

Question 11

An international strategy in which the company attempts to combine the benefits of global scale efficiencies with the benefits and advantages of local responsiveness is called global strategy.

Accepted Answer

A) True 
 B)False

Question 12

When Steve Jobs was CEO of Apple, his charisma, marketing skills, and technical vision helped create a(n) ____ at Apple that made it the leader in mobile devices.

Accepted Answer

A)  organizational weakness 
B)  strategic limitation 
C)  entropy 
D)  distinctive competence 
E)  organizational opportunity 
A)  organizational weakness 
B)  strategic limitation 
C)  entropy 
D)  distinctive competence 
E)  organizational opportunity

Question 13

Organizational ____________________ are skills and capabilities that enable an organization to conceive of and implement its strategies.

Accepted Answer

The answer of Organizational ____________________ are skills and capabilities that...

Question 14

The starting point in formulating strategy is usually ____________________ analysis.

Accepted Answer

The answer of The starting point in formulating strategy is...

Question 15

Which of the strategy types in the Miles and Snow model avoids long-term commitment to any single technology, is highly decentralized, and has a propensity to take risk?

Accepted Answer

A)  Prospector 
B)  Defender 
C)  Reactor 
D)  Rescuer 
E)  Analyzer 
A)  Prospector 
B)  Defender 
C)  Reactor 
D)  Rescuer 
E)  Analyzer

Question 16

Devising successful strategies is a simple task.

Accepted Answer

A) True 
 B)False

Question 17

Siemens corporate research earns on average 20 patents a day. The patents give Siemens ____.

Accepted Answer

A)  an organizational opportunity 
B)  an organizational threat 
C)  product integration 
D)  a sustained competitive advantage 
E)  product emulation 
A)  an organizational opportunity 
B)  an organizational threat 
C)  product integration 
D)  a sustained competitive advantage 
E)  product emulation

Question 18

____ is a useful framework for managers to use as they plot business strategy over time.

Accepted Answer

A)  The BCG matrix 
B)  The GE screen 
C)  Porter's competitive strategies model 
D)  The Miles and Snow model of business strategy 
E)  The product life cycle 
A)  The BCG matrix 
B)  The GE screen 
C)  Porter's competitive strategies model 
D)  The Miles and Snow model of business strategy 
E)  The product life cycle

Question 19

Each business or set of businesses within an organization is frequently referred to as a star business unrelated, or SBU .

Accepted Answer

A) True 
 B)False

Question 20

Many companies make bead jewelry, but Chamilia is the only one with a licensing agreement with Disney to make beads of Disney characters. The agreement is a(n) ____ for Chamilia.

Accepted Answer

A)  strength 
B)  weakness 
C)  opportunity 
D)  threat 
E)  competitive disadvantage 
A)  strength 
B)  weakness 
C)  opportunity 
D)  threat 
E)  competitive disadvantage

For years, the Tabasco Company used a(n) ____ strategy and manufactured only its famous hot sauce.

In the BCG matrix, businesses are classified on the basis of the ____________________ they hold and the growth rate of that market.

By broadening their product lines in each of the countries they enter, international firms may enjoy ____________________ , lowering their production and marketing costs and enhancing their bottom line.

Stars, question marks, and dogs could all be net cash users.

Kmart has struggled for years competing with Wal-Mart and Target. It tried celebrity labels, but that did not help. It cannot lower prices as low as Wal-Mart, because it does not have the distribution expertise. This is an example of a(n) ____ strategy.

Porsche Automobil Holding and Volkswagen once owned each other's stock and planned to integrate the companies later. This diversification strategy is ____.

______ is(are) used to promote products or services and the overall public image of the organization.

United Continental Holdings includes Continental Airlines, United Airline, Chelsea Food Services, and United Cruises, because it was thought that they can accomplish more joined together than they can operating as separate units. Which advantage of related diversification does this best represent?

MNCs can exploit advantages over domestic businesses. Which of the following in NOT an advantage?

An international strategy in which the company attempts to combine the benefits of global scale efficiencies with the benefits and advantages of local responsiveness is called global strategy.

When Steve Jobs was CEO of Apple, his charisma, marketing skills, and technical vision helped create a(n) ____ at Apple that made it the leader in mobile devices.

Organizational ____________________ are skills and capabilities that enable an organization to conceive of and implement its strategies.

The starting point in formulating strategy is usually ____________________ analysis.

Which of the strategy types in the Miles and Snow model avoids long-term commitment to any single technology, is highly decentralized, and has a propensity to take risk?

Devising successful strategies is a simple task.

Siemens corporate research earns on average 20 patents a day. The patents give Siemens ____.

____ is a useful framework for managers to use as they plot business strategy over time.

Each business or set of businesses within an organization is frequently referred to as a star business unrelated, or SBU .

Many companies make bead jewelry, but Chamilia is the only one with a licensing agreement with Disney to make beads of Disney characters. The agreement is a(n) ____ for Chamilia.

Managing and the Managers Job

Traditional and Contemporary Opportunitieschallenges

Understanding the Organizations Environment

Responding to the Ethical and Social Environment

Navigating the Global Environment

Basic Elements of Planning and Decision Making

Managing Decision Making and Problem Solving

Managing Start-Ups and New Ventures

Basic Elements of Organizing

Managing Organization Design

Managing Organization Change and Innovation

Managing Human Resources

Basic Elements of Individual and Interpersonal Behavior

Managing Employee Motivation and Performance

Managing Leadership and Influence Process

Managing Interpersonal Relations and Communication

Managing Work Groups and Teams

Basic Elements of Control

Managing Operations, Quality and Productivity

Filters

Exam 7: Managing Strategy and Strategic Planning

For years, the Tabasco Company used a(n) ____ strategy and manufactured only its famous hot sauce.

In the BCG matrix, businesses are classified on the basis of the ____________________ they hold and the growth rate of that market.

By broadening their product lines in each of the countries they enter, international firms may enjoy ____________________ , lowering their production and marketing costs and enhancing their bottom line.

Stars, question marks, and dogs could all be net cash users.

Kmart has struggled for years competing with Wal-Mart and Target. It tried celebrity labels, but that did not help. It cannot lower prices as low as Wal-Mart, because it does not have the distribution expertise. This is an example of a(n) ____ strategy.

Porsche Automobil Holding and Volkswagen once owned each other's stock and planned to integrate the companies later. This diversification strategy is ____.

______ is(are) used to promote products or services and the overall public image of the organization.

United Continental Holdings includes Continental Airlines, United Airline, Chelsea Food Services, and United Cruises, because it was thought that they can accomplish more joined together than they can operating as separate units. Which advantage of related diversification does this best represent?

MNCs can exploit advantages over domestic businesses. Which of the following in NOT an advantage?

An international strategy in which the company attempts to combine the benefits of global scale efficiencies with the benefits and advantages of local responsiveness is called global strategy.

When Steve Jobs was CEO of Apple, his charisma, marketing skills, and technical vision helped create a(n) ____ at Apple that made it the leader in mobile devices.

Organizational ____________________ are skills and capabilities that enable an organization to conceive of and implement its strategies.

The starting point in formulating strategy is usually ____________________ analysis.

Which of the strategy types in the Miles and Snow model avoids long-term commitment to any single technology, is highly decentralized, and has a propensity to take risk?

Devising successful strategies is a simple task.

Siemens corporate research earns on average 20 patents a day. The patents give Siemens ____.

____ is a useful framework for managers to use as they plot business strategy over time.

Each business or set of businesses within an organization is frequently referred to as a star business unrelated, or SBU .

Many companies make bead jewelry, but Chamilia is the only one with a licensing agreement with Disney to make beads of Disney characters. The agreement is a(n) ____ for Chamilia.

Managing and the Managers Job

Traditional and Contemporary Opportunitieschallenges

Understanding the Organizations Environment

Responding to the Ethical and Social Environment

Navigating the Global Environment

Basic Elements of Planning and Decision Making

Managing Decision Making and Problem Solving

Managing Start-Ups and New Ventures

Basic Elements of Organizing

Managing Organization Design

Managing Organization Change and Innovation

Managing Human Resources

Basic Elements of Individual and Interpersonal Behavior

Managing Employee Motivation and Performance

Managing Leadership and Influence Process

Managing Interpersonal Relations and Communication

Managing Work Groups and Teams

Basic Elements of Control

Managing Operations, Quality and Productivity

Filters