Exam 6: Strategies in Action

Franchising is an effective means of implementing forward integration.

"If it ain't broke,don't fix it" refers to managing by crisis.

Divestiture has become a popular strategy to enable firms to focus on their core business and become more diversified.

Which chapter of the bankruptcy code applies to municipalities?

The overall aim of the Balanced Scorecard is to balance financial objectives with strategic objectives.

A best- value strategy offers products or services to a wide range of customers at the lowest price on the market.

In the Arab world,hostile takeovers are common due to the current nature of social and business networking,which appears to favour hostile attitudes.

When two organizations of about equal size unite to form one enterprise,which of these occurs?

Discuss four common problems that cause joint ventures to fail.

Although bankruptcy can be an effective type of retrenchment strategy,it does not allow firms to avoid major debt obligations and to void union contracts.

Gaining ownership or increased control over distributors or retailers is called forward integration strategy.

Mergers and acquisitions are created for all of the following reasons except to

Strategists in governmental organizations operate with far more strategic autonomy than their counterparts in private firms.

Divestiture is the selling of land a firm owns.

Discuss Michael Porter's five generic strategies.

According to journalists' findings,what is a serious obstacle for many small business owners?

Bankruptcy

Strategic objectives include those associated with growth in revenues,growth in earnings,higher dividends,larger profit margins and improved cash flow.

Which strategy would be effective when the stockholders of a firm can minimize their losses by selling the organization's assets?

According to varous sources,95 percent of all businesses in the Arab region are family firms.