Question 1

Coca-Cola sells soft drinks,bottled water,and sports drinks.This is an example of

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 2

Starstruck Eateries has been very successful over the years by monitoring what successful restaurants in other cities are doing and copying them.This is known as

Accepted Answer

A)  competitive parity. 
B)  competitive advantage. 
C)  distinctive competence. 
D)  strategic imitation. 
E)  tactical differentiation. 
A)  competitive parity. 
B)  competitive advantage. 
C)  distinctive competence. 
D)  strategic imitation. 
E)  tactical differentiation.

Question 3

Organizational ____________________ are areas that increase the difficulty of an organization's performing at a high level.

Accepted Answer

The answer of Organizational ____________________ are areas that increase the...

Question 4

Apple has a large share of the growing tablet market.Apple is an example of a

Accepted Answer

A)  cash cow. 
B)  prospector. 
C)  star. 
D)  question mark. 
E)  dog. 
A)  cash cow. 
B)  prospector. 
C)  star. 
D)  question mark. 
E)  dog.

Question 5

The ____________________ of a firm implementing a differentiation strategy must also emphasize creativity,innovation,and response to customer needs

Accepted Answer

The answer of The ____________________ of a firm implementing a...

Question 6

____ are corporate-level strategies for becoming a diversified firm.

Accepted Answer

A)  Internal developments of new products 
B)  Backward vertical integrations 
C)  Mergers 
D)  Acquisitions 
E)  All of these choices 
A)  Internal developments of new products 
B)  Backward vertical integrations 
C)  Mergers 
D)  Acquisitions 
E)  All of these choices

Question 7

____ is the proportion of the market controlled by the product.

Accepted Answer

A)  Market growth rate 
B)  Relative market share 
C)  Competitive advantage 
D)  Tactical scope 
E)  Functional reach 
A)  Market growth rate 
B)  Relative market share 
C)  Competitive advantage 
D)  Tactical scope 
E)  Functional reach

Question 8

Match the following.You may use a response once,more than once,or not at all.
-Miles and Snow reactor most closely resembles the BCG

Accepted Answer

A) Stars 
B) Question mark 
C) Cash cows 
D) Dog 
A) Stars 
B) Question mark 
C) Cash cows 
D) Dog

Question 9

____________________ are methods that diversified organizations use to determine which businesses to engage in and how to manage these businesses to maximize corporate performance.

Accepted Answer

Portfolio

Question 10

What is the difference between business-level strategy and corporate-level strategy?

Accepted Answer

Business-level strategy and corporate-le

Question 11

Howard Schultz traveled in Italy and liked the coffee.He founded Starbucks with a plan to introduce American coffee drinkers to this Italian-style drink.This is an example of ____.

Accepted Answer

A)  lack of organizational synergy 
B)  organizational opportunity 
C)  sustained competitive advantage 
D)  distinctive competency 
E)  organizational threat 
A)  lack of organizational synergy 
B)  organizational opportunity 
C)  sustained competitive advantage 
D)  distinctive competency 
E)  organizational threat

Question 12

Business-level strategy focuses primarily on

Accepted Answer

A)  which markets to enter and how to use the firm's money,people,and physical facilities. 
B)  which markets to enter and in what areas the firm may have a competitive edge. 
C)  which markets to enter and how the parts of the organization enhance the entry. 
D)  the areas in which the firm may have an advantage and how much various organizational parts enhance each other. 
E)  the firm's competitive advantage(s). 
A)  which markets to enter and how to use the firm's money,people,and physical facilities. 
B)  which markets to enter and in what areas the firm may have a competitive edge. 
C)  which markets to enter and how the parts of the organization enhance the entry. 
D)  the areas in which the firm may have an advantage and how much various organizational parts enhance each other. 
E)  the firm's competitive advantage(s).

Question 13

Reality shows became prevalent on television after CBS introduced the first Survivor series.That type of television show is now in the maturity stage of its product life cycle.This means

Accepted Answer

A)  product differentiation concerns are still important. 
B)  the number of companies producing reality television shows is declining rapidly. 
C)  more firms are producing more reality shows and are finding it easy to sell the concepts and the filmed shows to the networks. 
D)  production companies find themselves left with shows that the networks do not want unless they differentiate their product. 
E)  None of these choices 
A)  product differentiation concerns are still important. 
B)  the number of companies producing reality television shows is declining rapidly. 
C)  more firms are producing more reality shows and are finding it easy to sell the concepts and the filmed shows to the networks. 
D)  production companies find themselves left with shows that the networks do not want unless they differentiate their product. 
E)  None of these choices

Question 14

Mrs.Fields was the first high quality,high priced cookie.Its success attracted competition.Mrs.Field's slowed growth to focus on making current operations more profitable.This is an example of a ____ strategy.

Accepted Answer

A)  differentiation 
B)  cost leadership 
C)  reactor 
D)  prospector 
E)  defender 
A)  differentiation 
B)  cost leadership 
C)  reactor 
D)  prospector 
E)  defender

Question 15

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 16

Google bought YouTube even though it operated at a loss.The business strategy for YouTube is ____.

Accepted Answer

A)  valid 
B)  deliberate 
C)  reliable 
D)  emergent 
E)  synergistic 
A)  valid 
B)  deliberate 
C)  reliable 
D)  emergent 
E)  synergistic

Question 17

Phillip Morris uses profits from operations outside the U.S.to invest in new businesses.This is an example of ____________________.

Accepted Answer

The answer of Phillip Morris uses profits from operations outside...

Question 18

Match the following.You may use a response once,more than once,or not at all.
-Miles and Snow prospector most closely resembles the BCG

Accepted Answer

A) Stars 
B) Question mark 
C) Cash cows 
D) Dog 
A) Stars 
B) Question mark 
C) Cash cows 
D) Dog

Question 19

Ford once supplied every part to its automobiles,except the rubber (though it tried to grow the trees,to no avail).This is an example of

Accepted Answer

A)  forward vertical integration. 
B)  unrelated diversification. 
C)  backward vertical integration. 
D)  horizontal integration. 
E)  a defender strategy. 
A)  forward vertical integration. 
B)  unrelated diversification. 
C)  backward vertical integration. 
D)  horizontal integration. 
E)  a defender strategy.

Question 20

The function of accounting and finance in a business that is implementing a differentiation strategy is to control the flow of funds without discouraging the creativity needed to constantly develop new products and services to meet customer needs.

Accepted Answer

A) True 
 B)False

Coca-Cola sells soft drinks,bottled water,and sports drinks.This is an example of

Starstruck Eateries has been very successful over the years by monitoring what successful restaurants in other cities are doing and copying them.This is known as

Organizational ____________________ are areas that increase the difficulty of an organization's performing at a high level.

Apple has a large share of the growing tablet market.Apple is an example of a

The ____________________ of a firm implementing a differentiation strategy must also emphasize creativity,innovation,and response to customer needs

____ are corporate-level strategies for becoming a diversified firm.

____ is the proportion of the market controlled by the product.

Match the following.You may use a response once,more than once,or not at all. -Miles and Snow reactor most closely resembles the BCG

____________________ are methods that diversified organizations use to determine which businesses to engage in and how to manage these businesses to maximize corporate performance.

What is the difference between business-level strategy and corporate-level strategy?

Howard Schultz traveled in Italy and liked the coffee.He founded Starbucks with a plan to introduce American coffee drinkers to this Italian-style drink.This is an example of ____.

Business-level strategy focuses primarily on

Reality shows became prevalent on television after CBS introduced the first Survivor series.That type of television show is now in the maturity stage of its product life cycle.This means

Mrs.Fields was the first high quality,high priced cookie.Its success attracted competition.Mrs.Field's slowed growth to focus on making current operations more profitable.This is an example of a ____ strategy.

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?

Google bought YouTube even though it operated at a loss.The business strategy for YouTube is ____.

Phillip Morris uses profits from operations outside the U.S.to invest in new businesses.This is an example of ____________________.

Match the following.You may use a response once,more than once,or not at all. -Miles and Snow prospector most closely resembles the BCG

Ford once supplied every part to its automobiles,except the rubber (though it tried to grow the trees,to no avail).This is an example of

The function of accounting and finance in a business that is implementing a differentiation strategy is to control the flow of funds without discouraging the creativity needed to constantly develop new products and services to meet customer needs.

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

Coca-Cola sells soft drinks,bottled water,and sports drinks.This is an example of

Starstruck Eateries has been very successful over the years by monitoring what successful restaurants in other cities are doing and copying them.This is known as

Organizational ____________________ are areas that increase the difficulty of an organization's performing at a high level.

Apple has a large share of the growing tablet market.Apple is an example of a

The ____________________ of a firm implementing a differentiation strategy must also emphasize creativity,innovation,and response to customer needs

____ are corporate-level strategies for becoming a diversified firm.

____ is the proportion of the market controlled by the product.

Match the following.You may use a response once,more than once,or not at all. -Miles and Snow reactor most closely resembles the BCG

____________________ are methods that diversified organizations use to determine which businesses to engage in and how to manage these businesses to maximize corporate performance.

What is the difference between business-level strategy and corporate-level strategy?

Howard Schultz traveled in Italy and liked the coffee.He founded Starbucks with a plan to introduce American coffee drinkers to this Italian-style drink.This is an example of ____.

Business-level strategy focuses primarily on

Reality shows became prevalent on television after CBS introduced the first Survivor series.That type of television show is now in the maturity stage of its product life cycle.This means

Mrs.Fields was the first high quality,high priced cookie.Its success attracted competition.Mrs.Field's slowed growth to focus on making current operations more profitable.This is an example of a ____ strategy.

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?

Google bought YouTube even though it operated at a loss.The business strategy for YouTube is ____.

Phillip Morris uses profits from operations outside the U.S.to invest in new businesses.This is an example of ____________________.

Match the following.You may use a response once,more than once,or not at all. -Miles and Snow prospector most closely resembles the BCG

Ford once supplied every part to its automobiles,except the rubber (though it tried to grow the trees,to no avail).This is an example of

The function of accounting and finance in a business that is implementing a differentiation strategy is to control the flow of funds without discouraging the creativity needed to constantly develop new products and services to meet customer needs.

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