Question 1

Name five examples of finance/accounting decisions that may require policies.

Accepted Answer

to determine the amo

Question 2

The Sarbanes- Oxley Act of 2002 has eliminated the problem of firms inflating their financial projections,so stakeholders need not worry about the financial projections of different companies.

Accepted Answer

A) True 
 B)False

Question 3

Looking for a vacant niche helps a company determine

Accepted Answer

A) the size of the marketing department. 
B) its projected R & D expenditures. 
C) its advertising budget. 
D) the best place to position a product. 
E) the best place to locate a new facility. 
A) the size of the marketing department. 
B) its projected R & D expenditures. 
C) its advertising budget. 
D) the best place to position a product. 
E) the best place to locate a new facility.

Question 4

Retained earnings is obtained by subtracting

Accepted Answer

A) taxes from EBIT. 
B) EBIT from CGS. 
C) net income from EBIT. 
D) interest expense from EBT. 
E) any dividends from net income. 
A) taxes from EBIT. 
B) EBIT from CGS. 
C) net income from EBIT. 
D) interest expense from EBT. 
E) any dividends from net income.

Question 5

All of the following are examples of marketing decisions that require policies except

Accepted Answer

A) to offer a complete or limited warranty. 
B) to be a market leader or follower. 
C) to use heavy,light,or no TV advertising. 
D) to use exclusive dealerships or multiple channels of distribution. 
E) to advertise online or not. 
A) to offer a complete or limited warranty. 
B) to be a market leader or follower. 
C) to use heavy,light,or no TV advertising. 
D) to use exclusive dealerships or multiple channels of distribution. 
E) to advertise online or not.

Question 6

Limiting an organization's expenditures is the primary purpose of financial budgets.

Accepted Answer

A) True 
 B)False

Question 7

Segmentation often reveals that large,random fluctuations in demand actually consist of several small,predictable,and manageable patterns.

Accepted Answer

A) True 
 B)False

Question 8

When performing pro forma financial analyses,the balance sheet should be prepared before the income statement.

Accepted Answer

A) True 
 B)False

Question 9

Which two variables are of central importance to strategy implementation?

Accepted Answer

A) Marketing penetration and competition. 
B) Competition and collaboration. 
C) Market segmentation and product positioning. 
D) Diversification and budgeting. 
E) Product development and market development. 
A) Marketing penetration and competition. 
B) Competition and collaboration. 
C) Market segmentation and product positioning. 
D) Diversification and budgeting. 
E) Product development and market development.

Question 10

What is the best definition of goodwill?

Accepted Answer

A) Excess of assets over liabilities 
B) Excess of current assets over liabilities 
C) Value associated with benefits from environmental programs 
D) Premiums paid for acquisition 
E) Value attached to the firm's reputation 
A) Excess of assets over liabilities 
B) Excess of current assets over liabilities 
C) Value associated with benefits from environmental programs 
D) Premiums paid for acquisition 
E) Value attached to the firm's reputation

Question 11

Which of these obligations generally must be met,regardless of circumstances?

Accepted Answer

A) Employee 
B) Equity 
C) Dividends 
D) Fixed debt 
E) all of these 
A) Employee 
B) Equity 
C) Dividends 
D) Fixed debt 
E) all of these

Question 12

With market segmentation,a firm can better operate with limited resources.

Accepted Answer

A) True 
 B)False

Question 13

Perhaps the most dramatic new market segmentation strategy is the

Accepted Answer

A) targeting of regional tastes. 
B) preference for international over domestic sales. 
C) treatment of industrial markets. 
D) focusing on universal products. 
E) none of these 
A) targeting of regional tastes. 
B) preference for international over domestic sales. 
C) treatment of industrial markets. 
D) focusing on universal products. 
E) none of these

Question 14

Additional capital is often required for successful strategy implementation.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is not an example of a decision that may require finance/accounting policies?

Accepted Answer

A) To use LIFO,FIFO,or a market- value accounting approach 
B) To determine the amount of product diversification 
C) To extend the time of accounts receivable 
D) To establish a certain percentage discount on accounts within a specified period of time 
E) To lease or buy fixed assets 
A) To use LIFO,FIFO,or a market- value accounting approach 
B) To determine the amount of product diversification 
C) To extend the time of accounts receivable 
D) To establish a certain percentage discount on accounts within a specified period of time 
E) To lease or buy fixed assets

Question 16

Although there are many marketing variables that impact the success or failure of strategy- implementation efforts,two variables are central to the process.What are these variables? Discuss why they are so important.

Accepted Answer

Two variables of central importance to s

Question 17

Discuss the guidelines to be used to determine whether a firm should conduct R&D internally or externally.

Accepted Answer

First,if the rate of technological progr

Question 18

A good information system can allow a firm to

Accepted Answer

A) increase productivity. 
B) gain competitive advantage. 
C) reduce turnover. 
D) reduce costs. 
E) increase customers. 
A) increase productivity. 
B) gain competitive advantage. 
C) reduce turnover. 
D) reduce costs. 
E) increase customers.

Question 19

It is acceptable for firms to create expectations that exceed the service that can or will be offered,if it will attract customers.

Accepted Answer

A) True 
 B)False

Question 20

List and describe the three major R&D approaches for implementing strategies.

Accepted Answer

to be a low- cost producer by mass- prod

Name five examples of finance/accounting decisions that may require policies.

The Sarbanes- Oxley Act of 2002 has eliminated the problem of firms inflating their financial projections,so stakeholders need not worry about the financial projections of different companies.

Looking for a vacant niche helps a company determine

Retained earnings is obtained by subtracting

All of the following are examples of marketing decisions that require policies except

Limiting an organization's expenditures is the primary purpose of financial budgets.

Segmentation often reveals that large,random fluctuations in demand actually consist of several small,predictable,and manageable patterns.

When performing pro forma financial analyses,the balance sheet should be prepared before the income statement.

Which two variables are of central importance to strategy implementation?

What is the best definition of goodwill?

Which of these obligations generally must be met,regardless of circumstances?

With market segmentation,a firm can better operate with limited resources.

Perhaps the most dramatic new market segmentation strategy is the

Additional capital is often required for successful strategy implementation.

Which of the following is not an example of a decision that may require finance/accounting policies?

Although there are many marketing variables that impact the success or failure of strategy- implementation efforts,two variables are central to the process.What are these variables? Discuss why they are so important.

Discuss the guidelines to be used to determine whether a firm should conduct R&D internally or externally.

A good information system can allow a firm to

It is acceptable for firms to create expectations that exceed the service that can or will be offered,if it will attract customers.

List and describe the three major R&D approaches for implementing strategies.

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Competing in the Global Marketplace

Strategies in Action

Strategy Analysis and Choice

Implementing Strategies: Management and Operations Issues

Leadership and Culture

Strategy Review, eveluation, and Control

Filters

Exam 9: Implementing Strategies: Marketing, financeaccounting, rd, and Mis Issues

Name five examples of finance/accounting decisions that may require policies.

The Sarbanes- Oxley Act of 2002 has eliminated the problem of firms inflating their financial projections,so stakeholders need not worry about the financial projections of different companies.

Looking for a vacant niche helps a company determine

Retained earnings is obtained by subtracting

All of the following are examples of marketing decisions that require policies except

Limiting an organization's expenditures is the primary purpose of financial budgets.

Segmentation often reveals that large,random fluctuations in demand actually consist of several small,predictable,and manageable patterns.

When performing pro forma financial analyses,the balance sheet should be prepared before the income statement.

Which two variables are of central importance to strategy implementation?

What is the best definition of goodwill?

Which of these obligations generally must be met,regardless of circumstances?

With market segmentation,a firm can better operate with limited resources.

Perhaps the most dramatic new market segmentation strategy is the

Additional capital is often required for successful strategy implementation.

Which of the following is not an example of a decision that may require finance/accounting policies?

Although there are many marketing variables that impact the success or failure of strategy- implementation efforts,two variables are central to the process.What are these variables? Discuss why they are so important.

Discuss the guidelines to be used to determine whether a firm should conduct R&D internally or externally.

A good information system can allow a firm to

It is acceptable for firms to create expectations that exceed the service that can or will be offered,if it will attract customers.

List and describe the three major R&D approaches for implementing strategies.

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Competing in the Global Marketplace

Strategies in Action

Strategy Analysis and Choice

Implementing Strategies: Management and Operations Issues

Leadership and Culture

Strategy Review, eveluation, and Control

Filters