Question 1

Cooperative arrangements and joint ventures between competitors are becoming increasingly popular.

Accepted Answer

A) True 
 B)False

Question 2

Forward and backward integration strategies are sometimes collectively referred to as which of these strategies?

Accepted Answer

A) Hierarchical integration 
B) Horizontal integration 
C) Vertical integration 
D) Stuck- in- the- middle 
E) Diversification 
A) Hierarchical integration 
B) Horizontal integration 
C) Vertical integration 
D) Stuck- in- the- middle 
E) Diversification

Question 3

Horizontal integration is an appropriate strategy when the competitors of an organization are doing poorly.

Accepted Answer

A) True 
 B)False

Question 4

The most effective differentiation bases are those that are hard or expensive for rivals to duplicate.

Accepted Answer

A) True 
 B)False

Question 5

All sizes and types of organizations can utilize and benefit from strategic- management concepts and techniques.

Accepted Answer

A) True 
 B)False

Question 6

When Dubai Aerospace Enterprise (DAE)acquired Standard Aero and Landmark Aviation in 2007,the transaction was valued at

Accepted Answer

A) US$19 billion 
B) US$1.19billion 
C) US$1.09 billion 
D) US$1.9 billion 
E) US$2.9 billion 
A) US$19 billion 
B) US$1.19billion 
C) US$1.09 billion 
D) US$1.9 billion 
E) US$2.9 billion

Question 7

Strategic objectives include larger market share,quicker on- time delivery than rivals,quicker design- to- market times than rivals,lower costs than rivals,and wider geographic coverage than rivals.

Accepted Answer

A) True 
 B)False

Question 8

Which strategy is appropriate when an organization competes in an industry characterized by rapid technological developments?

Accepted Answer

A) Product development 
B) Liquidation 
C) Market penetration 
D) Backward integration 
E) Retrenchment 
A) Product development 
B) Liquidation 
C) Market penetration 
D) Backward integration 
E) Retrenchment

Question 9

Name at least six reasons for performing mergers or acquisitions.

Accepted Answer

to reduce

Question 10

What principle is built on the idea that there is no general plan for which way to go and what to do?

Accepted Answer

A) Managing by crisis 
B) Managing by subjectives 
C) Managing by extrapolation 
D) Managing by hope 
E) Managing by objectives 
A) Managing by crisis 
B) Managing by subjectives 
C) Managing by extrapolation 
D) Managing by hope 
E) Managing by objectives

Question 11

Backward integration is effective in all of these except

Accepted Answer

A) when present suppliers have high profit margins. 
B) when an organization has both capital and human resources to manage the new business of supplying its own raw materials. 
C) when an organization needs to acquire a needed resource quickly. 
D) when an organization competes in an industry that is growing rapidly. 
E) when the advantage of stable prices are not important. 
A) when present suppliers have high profit margins. 
B) when an organization has both capital and human resources to manage the new business of supplying its own raw materials. 
C) when an organization needs to acquire a needed resource quickly. 
D) when an organization competes in an industry that is growing rapidly. 
E) when the advantage of stable prices are not important.

Question 12

Long- term objectives are needed at which level(s)in an organization?

Accepted Answer

A) Divisional 
B) Corporate 
C) Functional 
D) all of these 
E) none of these 
A) Divisional 
B) Corporate 
C) Functional 
D) all of these 
E) none of these

Question 13

Gaining a differentiation advantage is a primary reason for pursuing forward,backward,and horizontal integration strategies.

Accepted Answer

A) True 
 B)False

Question 14

When an acquisition or merger is not desired by both parties,it is called a takeover or a hostile takeover.

Accepted Answer

A) True 
 B)False

Question 15

According to statistics from the American Bankruptcy Institute,Chapter 11 bankruptcy filings in the U.S.increased from 43,694 in 1980 to 60,837 in 2009.

Accepted Answer

A) True 
 B)False

Question 16

Which strategy seeks to increase market share of present products or services in present markets through greater marketing efforts?

Accepted Answer

A) Forward integration 
B) Market development 
C) Market penetration 
D) Backward integration 
E) Product development 
A) Forward integration 
B) Market development 
C) Market penetration 
D) Backward integration 
E) Product development

Question 17

Long- term objectives represent the results expected from pursuing certain strategies.

Accepted Answer

A) True 
 B)False

Question 18

Chapter 13 bankruptcy is similar to Chapter 11,but available only to large corporations.

Accepted Answer

A) True 
 B)False

Question 19

Orascom Telecom and Etisalat both seek to dominate the international market while searching for opportunities in other regions,especially in Africa and Asia .

Accepted Answer

A) True 
 B)False

Question 20

Define and give an example of the two diversification strategies.

Accepted Answer

The two types of diversification strateg

Cooperative arrangements and joint ventures between competitors are becoming increasingly popular.

Forward and backward integration strategies are sometimes collectively referred to as which of these strategies?

Horizontal integration is an appropriate strategy when the competitors of an organization are doing poorly.

The most effective differentiation bases are those that are hard or expensive for rivals to duplicate.

All sizes and types of organizations can utilize and benefit from strategic- management concepts and techniques.

When Dubai Aerospace Enterprise (DAE)acquired Standard Aero and Landmark Aviation in 2007,the transaction was valued at

Strategic objectives include larger market share,quicker on- time delivery than rivals,quicker design- to- market times than rivals,lower costs than rivals,and wider geographic coverage than rivals.

Which strategy is appropriate when an organization competes in an industry characterized by rapid technological developments?

Name at least six reasons for performing mergers or acquisitions.

What principle is built on the idea that there is no general plan for which way to go and what to do?

Backward integration is effective in all of these except

Long- term objectives are needed at which level(s)in an organization?

Gaining a differentiation advantage is a primary reason for pursuing forward,backward,and horizontal integration strategies.

When an acquisition or merger is not desired by both parties,it is called a takeover or a hostile takeover.

According to statistics from the American Bankruptcy Institute,Chapter 11 bankruptcy filings in the U.S.increased from 43,694 in 1980 to 60,837 in 2009.

Which strategy seeks to increase market share of present products or services in present markets through greater marketing efforts?

Long- term objectives represent the results expected from pursuing certain strategies.

Chapter 13 bankruptcy is similar to Chapter 11,but available only to large corporations.

Orascom Telecom and Etisalat both seek to dominate the international market while searching for opportunities in other regions,especially in Africa and Asia .

Define and give an example of the two diversification strategies.

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Competing in the Global Marketplace

Strategy Analysis and Choice

Implementing Strategies: Management and Operations Issues

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

Leadership and Culture

Strategy Review, eveluation, and Control

Filters

Exam 6: Strategies in Action

Cooperative arrangements and joint ventures between competitors are becoming increasingly popular.

Forward and backward integration strategies are sometimes collectively referred to as which of these strategies?

Horizontal integration is an appropriate strategy when the competitors of an organization are doing poorly.

The most effective differentiation bases are those that are hard or expensive for rivals to duplicate.

All sizes and types of organizations can utilize and benefit from strategic- management concepts and techniques.

When Dubai Aerospace Enterprise (DAE)acquired Standard Aero and Landmark Aviation in 2007,the transaction was valued at

Strategic objectives include larger market share,quicker on- time delivery than rivals,quicker design- to- market times than rivals,lower costs than rivals,and wider geographic coverage than rivals.

Which strategy is appropriate when an organization competes in an industry characterized by rapid technological developments?

Name at least six reasons for performing mergers or acquisitions.

What principle is built on the idea that there is no general plan for which way to go and what to do?

Backward integration is effective in all of these except

Long- term objectives are needed at which level(s)in an organization?

Gaining a differentiation advantage is a primary reason for pursuing forward,backward,and horizontal integration strategies.

When an acquisition or merger is not desired by both parties,it is called a takeover or a hostile takeover.

According to statistics from the American Bankruptcy Institute,Chapter 11 bankruptcy filings in the U.S.increased from 43,694 in 1980 to 60,837 in 2009.

Which strategy seeks to increase market share of present products or services in present markets through greater marketing efforts?

Long- term objectives represent the results expected from pursuing certain strategies.

Chapter 13 bankruptcy is similar to Chapter 11,but available only to large corporations.

Orascom Telecom and Etisalat both seek to dominate the international market while searching for opportunities in other regions,especially in Africa and Asia .

Define and give an example of the two diversification strategies.

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Competing in the Global Marketplace

Strategy Analysis and Choice

Implementing Strategies: Management and Operations Issues

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

Leadership and Culture

Strategy Review, eveluation, and Control

Filters