Question 1

Human resource departments have found that to reduce employee dissatisfaction and unionization efforts, they must

Accepted Answer

A)  significantly increase their wage rates. 
B)  shorten the workweek to allow for more leisure time. 
C)  offer a wider variety of benefits and attractive enticements. 
D)  guarantee their workers lifetime jobs. 
E)  consider the quality of work life in the design of jobs. 
A)  significantly increase their wage rates. 
B)  shorten the workweek to allow for more leisure time. 
C)  offer a wider variety of benefits and attractive enticements. 
D)  guarantee their workers lifetime jobs. 
E)  consider the quality of work life in the design of jobs.

Question 2

Cultural integration is the degree to which members of a unit accept the norms, values, or other cultural content associated with the unit-showing the culture's depth.

Accepted Answer

A) True 
 B)False

Question 3

New product development would be a core competency if it goes beyond one division.

Accepted Answer

A) True 
 B)False

Question 4

A core competency can be easily imitated to the extent that it is transparent, transferable, and replicable.

Accepted Answer

A) True 
 B)False

Question 5

A company's center of gravity is the part of the value chain that is most important to the company and the point where its greatest expertise and core competencies lie.

Accepted Answer

A) True 
 B)False

Question 6

In a process called ________, the once-isolated specialists now work side-by-side and compare notes constantly in an effort to design cost-effective products with features customers want.

Accepted Answer

A)  simultaneous strategy 
B)  participatory planning 
C)  jointly designed objectives 
D)  concurrent engineering 
E)  cooperative design 
A)  simultaneous strategy 
B)  participatory planning 
C)  jointly designed objectives 
D)  concurrent engineering 
E)  cooperative design

Question 7

What is corporate culture and what are the two distinct attributes of culture?

Accepted Answer

Corporate culture is the collection of b

Question 8

A good rule of thumb for R&D spending is that a corporation should spend at a "normal" rate for that particular industry unless its strategic plan calls for unusual expenditures.

Accepted Answer

A) True 
 B)False

Question 9

Knowledge that can be easily articulated and communicated is known as

Accepted Answer

A)  tacit knowledge. 
B)  explicit knowledge. 
C)  imitable knowledge. 
D)  transferable knowledge. 
E)  durable knowledge. 
A)  tacit knowledge. 
B)  explicit knowledge. 
C)  imitable knowledge. 
D)  transferable knowledge. 
E)  durable knowledge.

Question 10

When a company uses the same marketing channel for two separate products, this is an example of an economy of scope.

Accepted Answer

A) True 
 B)False

Question 11

The business model used by HP in selling printers and printer cartridges is the

Accepted Answer

A)  profit pyramid model. 
B)  advertising model. 
C)  customer solutions model. 
D)  efficiency model. 
E)  multi-component system/installed base model. 
A)  profit pyramid model. 
B)  advertising model. 
C)  customer solutions model. 
D)  efficiency model. 
E)  multi-component system/installed base model.

Question 12

The marketing mix refers to product, place, packaging, and price.

Accepted Answer

A) True 
 B)False

Question 13

Flexible manufacturing emphasizes

Accepted Answer

A)  high-volume output of mass-produced products. 
B)  the cost advantages of an intermittent system with the customer-oriented advantages of a continuous system. 
C)  the learning curve is longer since technology is automated. 
D)  economies of scope over economies of scale. 
E)  economies of scale over economies of scope. 
A)  high-volume output of mass-produced products. 
B)  the cost advantages of an intermittent system with the customer-oriented advantages of a continuous system. 
C)  the learning curve is longer since technology is automated. 
D)  economies of scope over economies of scale. 
E)  economies of scale over economies of scope.

Question 14

Core competencies may mature and become core deficiencies.

Accepted Answer

A) True 
 B)False

Question 15

When the value chains of two separate products or services share activities, such as the same marketing channels, in order to reduce costs, this is an example of

Accepted Answer

A)  economies of scope. 
B)  economies of scale. 
C)  economies of integration. 
D)  economies of learning. 
E)  outsourcing. 
A)  economies of scope. 
B)  economies of scale. 
C)  economies of integration. 
D)  economies of learning. 
E)  outsourcing.

Question 16

The displacement of one technology by another, as shown by two S-shaped curves on a graph, is referred to as

Accepted Answer

A)  economies of scope versus operating leverage. 
B)  technology transfer. 
C)  the R&D mix. 
D)  technological discontinuity. 
E)  a disjunctive learning or experience curve. 
A)  economies of scope versus operating leverage. 
B)  technology transfer. 
C)  the R&D mix. 
D)  technological discontinuity. 
E)  a disjunctive learning or experience curve.

Question 17

According to the text, which one of the following is not descriptive of a corporation's culture?

Accepted Answer

A)  A corporation's culture is a collection of beliefs, expectations, and values learned and shared by the corporation's members and transmitted from one generation of employees to another. 
B)  Corporate cultures are only temporary and can be easily changed. 
C)  Culture gives a company a sense of identity. 
D)  The culture reflects the company's values. 
E)  Cultures have a powerful influence on the behavior of managers and can strongly affect a corporation's ability to shift its strategic direction. 
A)  A corporation's culture is a collection of beliefs, expectations, and values learned and shared by the corporation's members and transmitted from one generation of employees to another. 
B)  Corporate cultures are only temporary and can be easily changed. 
C)  Culture gives a company a sense of identity. 
D)  The culture reflects the company's values. 
E)  Cultures have a powerful influence on the behavior of managers and can strongly affect a corporation's ability to shift its strategic direction.

Question 18

According to Porter, a manufacturing firm's support activities usually begin with inbound logistics, go through an operations process in which a product is manufactured, and continue on to outbound logistics, and finally to service.

Accepted Answer

A) True 
 B)False

Question 19

The business model used by Spirit Airlines in offering a low-priced fare to the mass market is the

Accepted Answer

A)  efficiency model. 
B)  advertising model. 
C)  customer solutions model. 
D)  entrepreneurial model. 
E)  profit pyramid model. 
A)  efficiency model. 
B)  advertising model. 
C)  customer solutions model. 
D)  entrepreneurial model. 
E)  profit pyramid model.

Question 20

According to Barney's VRIO framework, the firm's exploitation of a competency pertains to

Accepted Answer

A)  value. 
B)  rareness. 
C)  imitability. 
D)  organization. 
E)  durability. 
A)  value. 
B)  rareness. 
C)  imitability. 
D)  organization. 
E)  durability.

Human resource departments have found that to reduce employee dissatisfaction and unionization efforts, they must

Cultural integration is the degree to which members of a unit accept the norms, values, or other cultural content associated with the unit-showing the culture's depth.

New product development would be a core competency if it goes beyond one division.

A core competency can be easily imitated to the extent that it is transparent, transferable, and replicable.

A company's center of gravity is the part of the value chain that is most important to the company and the point where its greatest expertise and core competencies lie.

In a process called ________, the once-isolated specialists now work side-by-side and compare notes constantly in an effort to design cost-effective products with features customers want.

What is corporate culture and what are the two distinct attributes of culture?

A good rule of thumb for R&D spending is that a corporation should spend at a "normal" rate for that particular industry unless its strategic plan calls for unusual expenditures.

Knowledge that can be easily articulated and communicated is known as

When a company uses the same marketing channel for two separate products, this is an example of an economy of scope.

The business model used by HP in selling printers and printer cartridges is the

The marketing mix refers to product, place, packaging, and price.

Flexible manufacturing emphasizes

Core competencies may mature and become core deficiencies.

When the value chains of two separate products or services share activities, such as the same marketing channels, in order to reduce costs, this is an example of

The displacement of one technology by another, as shown by two S-shaped curves on a graph, is referred to as

According to the text, which one of the following is not descriptive of a corporation's culture?

According to Porter, a manufacturing firm's support activities usually begin with inbound logistics, go through an operations process in which a product is manufactured, and continue on to outbound logistics, and finally to service.

The business model used by Spirit Airlines in offering a low-priced fare to the mass market is the

According to Barney's VRIO framework, the firm's exploitation of a competency pertains to

Basic Concepts in Strategic Management

Corporate Governance

Social Responsibility and Ethics in Strategic Management

Environmental Scanning and Industry Analysis

Strategy Formulation: Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Global Strategy

Strategy Implementation: Organizing and Structure

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters

Exam 5: Organizational Analysis and Competitive Advantage

Human resource departments have found that to reduce employee dissatisfaction and unionization efforts, they must

Cultural integration is the degree to which members of a unit accept the norms, values, or other cultural content associated with the unit-showing the culture's depth.

New product development would be a core competency if it goes beyond one division.

A core competency can be easily imitated to the extent that it is transparent, transferable, and replicable.

A company's center of gravity is the part of the value chain that is most important to the company and the point where its greatest expertise and core competencies lie.

In a process called ________, the once-isolated specialists now work side-by-side and compare notes constantly in an effort to design cost-effective products with features customers want.

What is corporate culture and what are the two distinct attributes of culture?

A good rule of thumb for R&D spending is that a corporation should spend at a "normal" rate for that particular industry unless its strategic plan calls for unusual expenditures.

Knowledge that can be easily articulated and communicated is known as

When a company uses the same marketing channel for two separate products, this is an example of an economy of scope.

The business model used by HP in selling printers and printer cartridges is the

The marketing mix refers to product, place, packaging, and price.

Flexible manufacturing emphasizes

Core competencies may mature and become core deficiencies.

When the value chains of two separate products or services share activities, such as the same marketing channels, in order to reduce costs, this is an example of

The displacement of one technology by another, as shown by two S-shaped curves on a graph, is referred to as

According to the text, which one of the following is not descriptive of a corporation's culture?

According to Porter, a manufacturing firm's support activities usually begin with inbound logistics, go through an operations process in which a product is manufactured, and continue on to outbound logistics, and finally to service.

The business model used by Spirit Airlines in offering a low-priced fare to the mass market is the

According to Barney's VRIO framework, the firm's exploitation of a competency pertains to

Basic Concepts in Strategic Management

Corporate Governance

Social Responsibility and Ethics in Strategic Management

Environmental Scanning and Industry Analysis

Strategy Formulation: Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Global Strategy

Strategy Implementation: Organizing and Structure

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters