Question 1

Which of the following is not a way firms suffering from dependence relationships can take action to reduce their dependence on buyers or suppliers?

Accepted Answer

A) Vertical integration 
B) Using a monopolist buyer/supplier 
C) Long-term contracting 
D) Joint ventures 
E) Alliances 
A) Vertical integration 
B) Using a monopolist buyer/supplier 
C) Long-term contracting 
D) Joint ventures 
E) Alliances

Question 2

Which of the following is least true with regard to presidential power?

Accepted Answer

A) Presidential power is the ability to influence the people who make and implement government policies 
B) Presidential power only consists of the president taking direct action on some front 
C) The bargaining advantage that comes with the presidential office enables the president to persuade others to work in his interest 
D) A source of presidential power is professional reputation, which comprises the expectations of professional politicians, bureaucrats, and others in the political community regarding the president's power and his willingness to use it 
E) The president's prestige among the public is a source of presidential power 
A) Presidential power is the ability to influence the people who make and implement government policies 
B) Presidential power only consists of the president taking direct action on some front 
C) The bargaining advantage that comes with the presidential office enables the president to persuade others to work in his interest 
D) A source of presidential power is professional reputation, which comprises the expectations of professional politicians, bureaucrats, and others in the political community regarding the president's power and his willingness to use it 
E) The president's prestige among the public is a source of presidential power

Question 3

What aspect(s)of internal context are important in situations of chronic goal conflict?

Accepted Answer

A) Formal authority 
B) Formal controls 
C) Contracts 
D) Power and culture 
E) Exclusive dealings 
A) Formal authority 
B) Formal controls 
C) Contracts 
D) Power and culture 
E) Exclusive dealings

Question 4

Which of the following statements is least true regarding the conditions John Barney identifies under which culture can be a source of sustained competitive advantage?

Accepted Answer

A) Culture should be imitable 
B) Culture must be valuable for the firm 
C) If culture is common to most firms in the market, so that it reflects the influence of the national or regional culture, then it is unlikely to lead to a relative competitive advantage 
D) If factors of a firm's culture are easy to copy, other firms will begin to do so, which will nullify any advantage for the firm where the culture first developed 
E) Something about the firm's culture and values must be linked to the value the firm creates for customers 
A) Culture should be imitable 
B) Culture must be valuable for the firm 
C) If culture is common to most firms in the market, so that it reflects the influence of the national or regional culture, then it is unlikely to lead to a relative competitive advantage 
D) If factors of a firm's culture are easy to copy, other firms will begin to do so, which will nullify any advantage for the firm where the culture first developed 
E) Something about the firm's culture and values must be linked to the value the firm creates for customers

Question 5

Which of the following statements is least true regarding how culture can serve as a control within organizations?

Accepted Answer

A) Culture controls the activities of employees on the basis of monitoring rather than firm attachment 
B) Individuals who value belonging to the culture will align their individual goals and behaviors to those of the firm 
C) The efficiency of culture as a control can be attributed in part to individuals controlling themselves 
D) The efficiency of culture as a control can be attributed in part to monitoring costs being reduced 
E) The efficiency of culture as a control can be attributed in part to opportunism being held to a minimum 
A) Culture controls the activities of employees on the basis of monitoring rather than firm attachment 
B) Individuals who value belonging to the culture will align their individual goals and behaviors to those of the firm 
C) The efficiency of culture as a control can be attributed in part to individuals controlling themselves 
D) The efficiency of culture as a control can be attributed in part to monitoring costs being reduced 
E) The efficiency of culture as a control can be attributed in part to opportunism being held to a minimum

Which of the following is not a way firms suffering from dependence relationships can take action to reduce their dependence on buyers or suppliers?

Which of the following is least true with regard to presidential power?

What aspect(s)of internal context are important in situations of chronic goal conflict?

Which of the following statements is least true regarding the conditions John Barney identifies under which culture can be a source of sustained competitive advantage?

Which of the following statements is least true regarding how culture can serve as a control within organizations?

Basic Microeconomic Principles

Economies of Scale and Scope

Agency and Coordination

The Power of Principles - an Historical Perspective

The Vertical Boundaries of the Firm

Organizing Vertical Boundariesvertical Integration and Its Alternatives

Diversificationpart Threemarket and Competitive Analysis

Competitors and Competition

Strategic Commitment

The Dynamics of Pricing Rivalry

Entry and Exit

Industry Analysispart Fourstrategic Position and Dynamics

Strategic Positioning for Competitive Advantage

Sustaining Competitive Advantage

The Origins of Competitive Advantage, innovation, evolution, and Environment part Five internal Organization

Performance Measurement and Incentives in Firms

Strategy and Structure

Filters

Exam 18: Environment, power, and Culture

Which of the following is not a way firms suffering from dependence relationships can take action to reduce their dependence on buyers or suppliers?

Which of the following is least true with regard to presidential power?

What aspect(s)of internal context are important in situations of chronic goal conflict?

Which of the following statements is least true regarding the conditions John Barney identifies under which culture can be a source of sustained competitive advantage?

Which of the following statements is least true regarding how culture can serve as a control within organizations?

Basic Microeconomic Principles

Economies of Scale and Scope

Agency and Coordination

The Power of Principles - an Historical Perspective

The Vertical Boundaries of the Firm

Organizing Vertical Boundariesvertical Integration and Its Alternatives

Diversificationpart Threemarket and Competitive Analysis

Competitors and Competition

Strategic Commitment

The Dynamics of Pricing Rivalry

Entry and Exit

Industry Analysispart Fourstrategic Position and Dynamics

Strategic Positioning for Competitive Advantage

Sustaining Competitive Advantage

The Origins of Competitive Advantage, innovation, evolution, and Environment part Five internal Organization

Performance Measurement and Incentives in Firms

Strategy and Structure

Filters