Question 1

Southwest Airlines gained access to the Atlanta market when it purchased Air Tran.This is an example of a change in Southwest's

Accepted Answer

A)  industry niche. 
B)  synergy. 
C)  scope. 
D)  resource deployment. 
E)  entropy. 
A)  industry niche. 
B)  synergy. 
C)  scope. 
D)  resource deployment. 
E)  entropy.

Question 2

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 3

Bic pens work great and sell for about ten cents a pen.Bic uses a(n)____ strategy.

Accepted Answer

A)  guerrilla 
B)  overall cost leadership 
C)  focus 
D)  differentiation 
E)  defender 
A)  guerrilla 
B)  overall cost leadership 
C)  focus 
D)  differentiation 
E)  defender

Question 4

When an airline uses profits from one region to lower prices in another region it is using

Accepted Answer

A)  alignment. 
B)  synergy. 
C)  scope. 
D)  resource deployment. 
E)  entropy. 
A)  alignment. 
B)  synergy. 
C)  scope. 
D)  resource deployment. 
E)  entropy.

Question 5

How will organizational culture affect business strategy implementation?

Accepted Answer

Organizational culture plays a significa

Question 6

According to the BCG matrix,____________________ are businesses that have a high share of a stable market.

Accepted Answer

The answer of According to the BCG matrix,____________________ are businesses...

Question 7

Special Exercises
Electronic Arts (EA)is a video game producer.It makes games for just about any game console,handheld game,PC,and cell phone.Sony makes games only for PlayStation platforms.Acclaim makes games primarily for massive multiplayer online game downloads.EA has the following information to begin a SWOT analysis.Determine whether each statement describes a strength,weakness,opportunity,or threat.
-Sony games cost less to make.

Accepted Answer

A) Strength 
B) Weakness 
C) Opportunity 
D) Threat 
A) Strength 
B) Weakness 
C) Opportunity 
D) Threat

Question 8

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

Question 9

Assuming an SBU retained its share of the market,how would it be classified if it was a star and its market subsequently became a low-growth market?

Accepted Answer

A)  Still a star 
B)  A defender 
C)  A cash cow 
D)  A dog 
E)  A question mark 
A)  Still a star 
B)  A defender 
C)  A cash cow 
D)  A dog 
E)  A question mark

Question 10

Match the following.You may use a response once,more than once,or not at all.
-Global

Accepted Answer

A) Business-level strategy 
B) Corporate-level strategy 
C) International strategy 
A) Business-level strategy 
B) Corporate-level strategy 
C) International strategy

Question 11

Devising successful strategies is a simple task.

Accepted Answer

A) True 
 B)False

Question 12

____________________ strategies are those that promote a superior alignment between the organization and its environment and the achievement of strategic goals.

Accepted Answer

The answer of ____________________ strategies are those that promote a...

Question 13

Forms of diversification include

Accepted Answer

A)  acquisitions. 
B)  vertical integration. 
C)  mergers. 
D)  the internal development of new products. 
E)  All of these choices 
A)  acquisitions. 
B)  vertical integration. 
C)  mergers. 
D)  the internal development of new products. 
E)  All of these choices

Question 14

When one disposable shaver maker introduced a three-blade shaver,the other introduced three blades within months.They repeated the process with four blades.This is an example of

Accepted Answer

A)  product aping. 
B)  tactical imitation. 
C)  product emulation. 
D)  product integration. 
E)  strategic imitation. 
A)  product aping. 
B)  tactical imitation. 
C)  product emulation. 
D)  product integration. 
E)  strategic imitation.

Question 15

A company that stops buying supplies (either manufactured goods or raw materials)from other companies and begins to provide its own supplies has diversified through ____________________ vertical integration.

Accepted Answer

The answer of A company that stops buying supplies (either...

Question 16

Briefly describe business portfolio analysis using the GE Business Screen.

Accepted Answer

The GE Business Screen, also known as th

Question 17

Match the following.You may use a response once,more than once,or not at all.
-Single-product

Accepted Answer

A) Business-level strategy 
B) Corporate-level strategy 
C) International strategy 
A) Business-level strategy 
B) Corporate-level strategy 
C) International strategy

Question 18

An international strategy in which the company manages itself as a collection of domestic markets is called a home replication strategy.

Accepted Answer

A) True 
 B)False

Question 19

____ is the component of strategy that indicates what the organization does exceptionally well.

Accepted Answer

A)  Resource deployment 
B)  Synergy 
C)  Scope 
D)  Distinctive competence 
E)  None of these choices 
A)  Resource deployment 
B)  Synergy 
C)  Scope 
D)  Distinctive competence 
E)  None of these choices

Question 20

Effective strategies

Accepted Answer

A)  develop long-range plans for resource allocation. 
B)  provide an in-depth analysis of the organization's internal strengths and weaknesses. 
C)  provide managers with a list of environmental contingency factors. 
D)  align the organization and environment to achieve goals. 
E)  focus on the competition. 
A)  develop long-range plans for resource allocation. 
B)  provide an in-depth analysis of the organization's internal strengths and weaknesses. 
C)  provide managers with a list of environmental contingency factors. 
D)  align the organization and environment to achieve goals. 
E)  focus on the competition.

Southwest Airlines gained access to the Atlanta market when it purchased Air Tran.This is an example of a change in Southwest's

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

Bic pens work great and sell for about ten cents a pen.Bic uses a(n)____ strategy.

When an airline uses profits from one region to lower prices in another region it is using

How will organizational culture affect business strategy implementation?

According to the BCG matrix,____________________ are businesses that have a high share of a stable market.

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.

Assuming an SBU retained its share of the market,how would it be classified if it was a star and its market subsequently became a low-growth market?

Match the following.You may use a response once,more than once,or not at all. -Global

Devising successful strategies is a simple task.

____________________ strategies are those that promote a superior alignment between the organization and its environment and the achievement of strategic goals.

Forms of diversification include

When one disposable shaver maker introduced a three-blade shaver,the other introduced three blades within months.They repeated the process with four blades.This is an example of

A company that stops buying supplies (either manufactured goods or raw materials)from other companies and begins to provide its own supplies has diversified through ____________________ vertical integration.

Briefly describe business portfolio analysis using the GE Business Screen.

Match the following.You may use a response once,more than once,or not at all. -Single-product

An international strategy in which the company manages itself as a collection of domestic markets is called a home replication strategy.

____ is the component of strategy that indicates what the organization does exceptionally well.

Effective strategies

Managing and the Managers Job

Traditional and Contemporary Opportunities and Challenges

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 Change and Innovation

Managing Human Resources

Basic Elements of Individual and Interpersonal Behavior

Managing Employee Motivation and Performance

Managing Leadership and Influence Processes

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

Southwest Airlines gained access to the Atlanta market when it purchased Air Tran.This is an example of a change in Southwest's

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

Bic pens work great and sell for about ten cents a pen.Bic uses a(n)____ strategy.

When an airline uses profits from one region to lower prices in another region it is using

How will organizational culture affect business strategy implementation?

According to the BCG matrix,____________________ are businesses that have a high share of a stable market.

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.

Assuming an SBU retained its share of the market,how would it be classified if it was a star and its market subsequently became a low-growth market?

Match the following.You may use a response once,more than once,or not at all. -Global

Devising successful strategies is a simple task.

____________________ strategies are those that promote a superior alignment between the organization and its environment and the achievement of strategic goals.

Forms of diversification include

When one disposable shaver maker introduced a three-blade shaver,the other introduced three blades within months.They repeated the process with four blades.This is an example of

A company that stops buying supplies (either manufactured goods or raw materials)from other companies and begins to provide its own supplies has diversified through ____________________ vertical integration.

Briefly describe business portfolio analysis using the GE Business Screen.

Match the following.You may use a response once,more than once,or not at all. -Single-product

An international strategy in which the company manages itself as a collection of domestic markets is called a home replication strategy.

____ is the component of strategy that indicates what the organization does exceptionally well.

Effective strategies

Managing and the Managers Job

Traditional and Contemporary Opportunities and Challenges

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 Change and Innovation

Managing Human Resources

Basic Elements of Individual and Interpersonal Behavior

Managing Employee Motivation and Performance

Managing Leadership and Influence Processes

Managing Interpersonal Relations and Communication

Managing Work Groups and Teams

Basic Elements of Control

Managing Operations, quality, and Productivity

Filters