Exam 6: Strategies in Action

Websites which sell products directly to consumers are examples of which type of strategy?

Which strategy would be most appropriate when the distinctive competencies of two or more firms complement each other especially well?

If a firm's present suppliers are expensive and unreliable in meeting the firm's need for parts,components or raw materials,the firm should pursue a horizontal integration strategy.

Retrenchment and turnaround are the same strategy.

Divestiture is selling all of a company's assets,in parts,for their tangible worth.

Instead of extending the life cycle of existing products through modification and improvement,innovative strategies make existing products obsolete.

Divestiture would be an appropriate strategy when a need exists to introduce a new technology quickly.

Define and give an example of three intensive strategies.

All of the following are cooperative arrangements except

Almarai's takeover of companies that are not part of their primary dairy business is an example of related diversification.

What occurs when two or more companies form a temporary partnership or consortium for the purpose of capitalizing on some opportunity?

A differentiation strategy can only be achieved with a large target market.

Since a combination strategy is not risky,many organizations pursue a combination of two or more strategies simultaneously.

McDonalds currently owns more than 50 percent of its restaurants.

When companies take over functional operations of other firms,such as human resources,information systems,payroll,accounting,or customer service,this is called

When a domestic company first begins to export to India,it is an example of

What kind of strategy is retrenchment?

Which strategy should an organization use if it competes in a no- growth or a slow- growth industry?

Unrelated diversification may be an especially effective strategy when an organization's basic industry is experiencing increasing annual sales and profits.

Aramco's ownership of Saudi Petroleum International,which specializes in scheduling,loading,storage,transportation and delivery of crude oil,is an example of which type of strategy?