Question 1

The firm should pursue conservative strategies if the coordinates of a SPACE directional vector are (1,4).

Accepted Answer

A) True 
 B)False

Question 2

The purpose of matching key factors is to generate feasible alternative strategies.

Accepted Answer

A) True 
 B)False

Question 3

According to the Grand Strategy Matrix,when a Quadrant I firm is too heavily committed to a single product,then concentric diversification may reduce the risks associated with a narrow product line.

Accepted Answer

A) True 
 B)False

Question 4

Cash cows represent the organization's best long- run opportunities for growth and profitability.

Accepted Answer

A) True 
 B)False

Question 5

Which stage of the strategy formulation framework contains the Internal- Factor Evaluation Matrix?

Accepted Answer

A) Decision 
B) Output 
C) Input 
D) Matching 
E) Analysis 
A) Decision 
B) Output 
C) Input 
D) Matching 
E) Analysis

Question 6

Using a Grand Strategy Matrix approach,what strategies are recommended for a firm that is a weak competitor in a slow- growing market? Elaborate on what these strategies could mean for a college or university.

Accepted Answer

A firm that is a weak competitor in a sl

Question 7

On the x- axis of the IE Matrix,an internal factor evaluation score of 2.5 represents a weak internal position.

Accepted Answer

A) True 
 B)False

Question 8

Boards of directors are composed mostly of outsiders who are becoming more involved in an organization's strategic management.

Accepted Answer

A) True 
 B)False

Question 9

The roles of a board of directors can be divided into four broad categories.List these categories and explain what roles and responsibilities come under each.

Accepted Answer

Students should list the four categories

Question 10

A division with a high relative market share position in a low- growth industry can be described as a

Accepted Answer

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

Question 11

Which analytical tool determines the relative attractiveness of various strategies based on the extent to which key external and internal critical success factors are capitalized?

Accepted Answer

A) QSPM 
B) SPACE 
C) TOWS 
D) BCG 
E) IE 
A) QSPM 
B) SPACE 
C) TOWS 
D) BCG 
E) IE

The firm should pursue conservative strategies if the coordinates of a SPACE directional vector are (1,4).

The purpose of matching key factors is to generate feasible alternative strategies.

According to the Grand Strategy Matrix,when a Quadrant I firm is too heavily committed to a single product,then concentric diversification may reduce the risks associated with a narrow product line.

Cash cows represent the organization's best long- run opportunities for growth and profitability.

Which stage of the strategy formulation framework contains the Internal- Factor Evaluation Matrix?

Using a Grand Strategy Matrix approach,what strategies are recommended for a firm that is a weak competitor in a slow- growing market? Elaborate on what these strategies could mean for a college or university.

On the x- axis of the IE Matrix,an internal factor evaluation score of 2.5 represents a weak internal position.

Boards of directors are composed mostly of outsiders who are becoming more involved in an organization's strategic management.

The roles of a board of directors can be divided into four broad categories.List these categories and explain what roles and responsibilities come under each.

A division with a high relative market share position in a low- growth industry can be described as a

Which analytical tool determines the relative attractiveness of various strategies based on the extent to which key external and internal critical success factors are capitalized?

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

The firm should pursue conservative strategies if the coordinates of a SPACE directional vector are (1,4).

The purpose of matching key factors is to generate feasible alternative strategies.

According to the Grand Strategy Matrix,when a Quadrant I firm is too heavily committed to a single product,then concentric diversification may reduce the risks associated with a narrow product line.

Cash cows represent the organization's best long- run opportunities for growth and profitability.

Which stage of the strategy formulation framework contains the Internal- Factor Evaluation Matrix?

Using a Grand Strategy Matrix approach,what strategies are recommended for a firm that is a weak competitor in a slow- growing market? Elaborate on what these strategies could mean for a college or university.

On the x- axis of the IE Matrix,an internal factor evaluation score of 2.5 represents a weak internal position.

Boards of directors are composed mostly of outsiders who are becoming more involved in an organization's strategic management.

The roles of a board of directors can be divided into four broad categories.List these categories and explain what roles and responsibilities come under each.

A division with a high relative market share position in a low- growth industry can be described as a

Which analytical tool determines the relative attractiveness of various strategies based on the extent to which key external and internal critical success factors are capitalized?

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