Question 1

How many cells are in a SWOT Matrix?

Accepted Answer

A) Eight 
B) Four 
C) Six 
D) Two 
E) Nine 
A) Eight 
B) Four 
C) Six 
D) Two 
E) Nine

Question 2

When a division of an organization has a high relative market share and is in a fast- growing industry,it is called a

Accepted Answer

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

Question 3

When completing the matching stage of the strategy- formulation framework,the SWOT Matrix needs to be completed before the SPACE Matrix.

Accepted Answer

A) True 
 B)False

Question 4

Describe the tactics that have been used by politicians that can also aid strategists.

Accepted Answer

Equifinality: It is often possible to ac

Question 5

Which of these is a limitation of QSPM?

Accepted Answer

A) Only a few strategies can be evaluated simultaneously. 
B) It requires equal participation from everyone. 
C) Sets of strategies must be examined in reverse order. 
D) Intuitive judgments and educated guesses are required. 
E) The cost of doing the analysis. 
A) Only a few strategies can be evaluated simultaneously. 
B) It requires equal participation from everyone. 
C) Sets of strategies must be examined in reverse order. 
D) Intuitive judgments and educated guesses are required. 
E) The cost of doing the analysis.

Question 6

Which of the following analytical tools consists of a nine- cell matrix?

Accepted Answer

A) Competitive Profile Matrix 
B) Internal- External Matrix 
C) Matching Matrix 
D) Grand Strategy Matrix 
E) SPACE Matrix 
A) Competitive Profile Matrix 
B) Internal- External Matrix 
C) Matching Matrix 
D) Grand Strategy Matrix 
E) SPACE Matrix

Question 7

In the BCG Matrix,which element represents the industry growth rate in sales,measured in percentage terms?

Accepted Answer

A) First quadrant 
B) x- axis 
C) Third quadrant 
D) y- axis 
E) Second quadrant 
A) First quadrant 
B) x- axis 
C) Third quadrant 
D) y- axis 
E) Second quadrant

Question 8

In a BCG Matrix,all divisions are called question marks,stars,cash cows or dogs.Define each of these terms.

Accepted Answer

Question Marks have a low relative marke

Question 9

Which of the following is a weakness associated with a SWOT Matrix?

Accepted Answer

A) Other variables besides relative market share position and industry growth rate in sales need to be considered. 
B) Viewing every business as a Star,Cash Cow,Dog,or Question Mark is an oversimplification. 
C) Many businesses fall right in the middle of the matrix. 
D) The matrix does not reflect whether or not various divisions or their industry are growing over time. 
E) The matrix has no temporal qualities. 
A) Other variables besides relative market share position and industry growth rate in sales need to be considered. 
B) Viewing every business as a Star,Cash Cow,Dog,or Question Mark is an oversimplification. 
C) Many businesses fall right in the middle of the matrix. 
D) The matrix does not reflect whether or not various divisions or their industry are growing over time. 
E) The matrix has no temporal qualities.

Question 10

In a BCG Matrix,the pie slice indicates the proportion of corporate profits generated by that division.

Accepted Answer

A) True 
 B)False

Question 11

Explain the benefits and limitations of developing a Boston Consulting Group Matrix.

Accepted Answer

other variables besides relati

Question 12

If you construct a SPACE Matrix and the directional vector points to the lower left quadrant,what type of strategies would you recommend? Give several examples.

Accepted Answer

If the directional vector points to the

Question 13

An organization's present strategies,objectives and mission provide a basis for generating and evaluating feasible alternative strategies,coupled with the external and internal audit information.

Accepted Answer

A) True 
 B)False

Question 14

Through which tactic is it possible to achieve similar results using different means or paths?

Accepted Answer

A) Satisfying 
B) Specialization 
C) Focus on higher- order issues 
D) Equifinality 
E) Generalization 
A) Satisfying 
B) Specialization 
C) Focus on higher- order issues 
D) Equifinality 
E) Generalization

Question 15

According to the Grand Strategy Matrix,which strategy is recommended for a firm with rapid market growth and a strong competitive position?

Accepted Answer

A) Conglomerate diversification 
B) Retrenchment 
C) Market penetration 
D) Joint venture 
E) Liquidation 
A) Conglomerate diversification 
B) Retrenchment 
C) Market penetration 
D) Joint venture 
E) Liquidation

Question 16

The first stage of the strategy- formulation framework (the input stage),is followed by the decision stage.

Accepted Answer

A) True 
 B)False

Question 17

Which strategy formulation technique reveals the relative attractiveness of alternative strategies,and thus provides an objective basis for selecting specific strategies?

Accepted Answer

A) QSPM 
B) SWOT 
C) IFE 
D) SPACE 
E) CPM 
A) QSPM 
B) SWOT 
C) IFE 
D) SPACE 
E) CPM

Question 18

How would a division with a low relative market share position in a high growth industry be described?

Accepted Answer

A) Stuck- in- the- middle 
B) Question mark 
C) Star 
D) Cash cow 
E) Dog 
A) Stuck- in- the- middle 
B) Question mark 
C) Star 
D) Cash cow 
E) Dog

Question 19

Strengths- opportunities strategies are based on using a firm's internal strengths to take advantage of external opportunities and threats.

Accepted Answer

A) True 
 B)False

Question 20

The size of the circle in a BCG Matrix corresponds to the proportion of corporate revenue generated by that business unit.

Accepted Answer

A) True 
 B)False

How many cells are in a SWOT Matrix?

When a division of an organization has a high relative market share and is in a fast- growing industry,it is called a

When completing the matching stage of the strategy- formulation framework,the SWOT Matrix needs to be completed before the SPACE Matrix.

Describe the tactics that have been used by politicians that can also aid strategists.

Which of these is a limitation of QSPM?

Which of the following analytical tools consists of a nine- cell matrix?

In the BCG Matrix,which element represents the industry growth rate in sales,measured in percentage terms?

In a BCG Matrix,all divisions are called question marks,stars,cash cows or dogs.Define each of these terms.

Which of the following is a weakness associated with a SWOT Matrix?

In a BCG Matrix,the pie slice indicates the proportion of corporate profits generated by that division.

Explain the benefits and limitations of developing a Boston Consulting Group Matrix.

If you construct a SPACE Matrix and the directional vector points to the lower left quadrant,what type of strategies would you recommend? Give several examples.

An organization's present strategies,objectives and mission provide a basis for generating and evaluating feasible alternative strategies,coupled with the external and internal audit information.

Through which tactic is it possible to achieve similar results using different means or paths?

According to the Grand Strategy Matrix,which strategy is recommended for a firm with rapid market growth and a strong competitive position?

The first stage of the strategy- formulation framework (the input stage),is followed by the decision stage.

Which strategy formulation technique reveals the relative attractiveness of alternative strategies,and thus provides an objective basis for selecting specific strategies?

How would a division with a low relative market share position in a high growth industry be described?

Strengths- opportunities strategies are based on using a firm's internal strengths to take advantage of external opportunities and threats.

The size of the circle in a BCG Matrix corresponds to the proportion of corporate revenue generated by that business unit.

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Competing in the Global Marketplace

Strategies in Action

Implementing Strategies: Management and Operations Issues

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

Leadership and Culture

Strategy Review, eveluation, and Control

Filters

Exam 7: Strategy Analysis and Choice

How many cells are in a SWOT Matrix?

When a division of an organization has a high relative market share and is in a fast- growing industry,it is called a

When completing the matching stage of the strategy- formulation framework,the SWOT Matrix needs to be completed before the SPACE Matrix.

Describe the tactics that have been used by politicians that can also aid strategists.

Which of these is a limitation of QSPM?

Which of the following analytical tools consists of a nine- cell matrix?

In the BCG Matrix,which element represents the industry growth rate in sales,measured in percentage terms?

In a BCG Matrix,all divisions are called question marks,stars,cash cows or dogs.Define each of these terms.

Which of the following is a weakness associated with a SWOT Matrix?

In a BCG Matrix,the pie slice indicates the proportion of corporate profits generated by that division.

Explain the benefits and limitations of developing a Boston Consulting Group Matrix.

If you construct a SPACE Matrix and the directional vector points to the lower left quadrant,what type of strategies would you recommend? Give several examples.

An organization's present strategies,objectives and mission provide a basis for generating and evaluating feasible alternative strategies,coupled with the external and internal audit information.

Through which tactic is it possible to achieve similar results using different means or paths?

According to the Grand Strategy Matrix,which strategy is recommended for a firm with rapid market growth and a strong competitive position?

The first stage of the strategy- formulation framework (the input stage),is followed by the decision stage.

Which strategy formulation technique reveals the relative attractiveness of alternative strategies,and thus provides an objective basis for selecting specific strategies?

How would a division with a low relative market share position in a high growth industry be described?

Strengths- opportunities strategies are based on using a firm's internal strengths to take advantage of external opportunities and threats.

The size of the circle in a BCG Matrix corresponds to the proportion of corporate revenue generated by that business unit.

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Competing in the Global Marketplace

Strategies in Action

Implementing Strategies: Management and Operations Issues

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

Leadership and Culture

Strategy Review, eveluation, and Control

Filters