Exam 6: Strategy Analysis and Choice

Successful strategists minimize their own political exposure on issues that are highly controversial and in circumstances where opposition from major power centers is likely.

(True/False)

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Question 21

Industry growth rate is given on the x-axis of the Boston Consulting Group (BCG) Matrix.

(True/False)

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Question 22

The stability position (SP) and competitive position (CP) dimension variables in a SPACE Matrix are assigned a numerical value ranging from -1 (best) to -7 (worst).

(True/False)

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Question 23

Both the Internal-External (IE) and Boston Consulting Group (BCG) Matrices are called portfolio matrices.

(True/False)

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Question 24

Describe the positive features and limitations of the Quantitative Strategic Planning Matrix (QSPM).

(Essay)

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Question 25

In the Boston Consulting Group (BCG) Matrix, which strategy would be most appropriate for a division classified as a Dog?

(Multiple Choice)

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Question 26

The two positive-rated dimensions on the SPACE Matrix are

(Multiple Choice)

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Question 27

The term "recommendation" is used to refer to any alternative strategy that is selected for implementation.

(True/False)

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Question 28

On the x-axis of the IE Matrix, an IFE total weighted score of 2.5 represents a weak internal position.

(True/False)

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Question 29

Which of these is a limitation of QSPM?

(Multiple Choice)

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Question 30

Strategy analysis and choice largely involves making subjective decisions based on objective information.

(True/False)

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Question 31

Which strategies are defensive tactics directed at reducing internal weaknesses and avoiding external threats?

(Multiple Choice)

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Question 32

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

(True/False)

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Question 33

What is the highest number of strategies that can be examined at one time with the QSPM?

(Multiple Choice)

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Question 34

It is vital that strategists always consider all feasible alternatives that could benefit the firm.

(True/False)

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Question 35

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 upon or improved?

(Multiple Choice)

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Question 36

Which of the following is NOT one of the steps involved in constructing a SWOT Matrix?

(Multiple Choice)

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Question 37

The two internal dimensions represented on the axes of the SPACE Matrix are

(Multiple Choice)

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Question 38

Firms located in which quadrant of the Grand Strategy Matrix are in an excellent strategic position?

(Multiple Choice)

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Question 39

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

(Multiple Choice)

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Question 40

Showing 21 - 40 of 119

Successful strategists minimize their own political exposure on issues that are highly controversial and in circumstances where opposition from major power centers is likely.

Industry growth rate is given on the x-axis of the Boston Consulting Group (BCG) Matrix.

The stability position (SP) and competitive position (CP) dimension variables in a SPACE Matrix are assigned a numerical value ranging from -1 (best) to -7 (worst).

Both the Internal-External (IE) and Boston Consulting Group (BCG) Matrices are called portfolio matrices.

Describe the positive features and limitations of the Quantitative Strategic Planning Matrix (QSPM).

In the Boston Consulting Group (BCG) Matrix, which strategy would be most appropriate for a division classified as a Dog?

The two positive-rated dimensions on the SPACE Matrix are

The term "recommendation" is used to refer to any alternative strategy that is selected for implementation.

On the x-axis of the IE Matrix, an IFE total weighted score of 2.5 represents a weak internal position.

Which of these is a limitation of QSPM?

Strategy analysis and choice largely involves making subjective decisions based on objective information.

Which strategies are defensive tactics directed at reducing internal weaknesses and avoiding external threats?

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

What is the highest number of strategies that can be examined at one time with the QSPM?

It is vital that strategists always consider all feasible alternatives that could benefit the firm.

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 upon or improved?

Which of the following is NOT one of the steps involved in constructing a SWOT Matrix?

The two internal dimensions represented on the axes of the SPACE Matrix are

Firms located in which quadrant of the Grand Strategy Matrix are in an excellent strategic position?

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

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Strategies in Action

Implementing Strategies: Management and Marketing Issues

Implementing Strategies: Finance and Accounting Issues

Strategy Evaluation and Governance

Business Ethics, Environmental Sustainability, and Social Responsibility

Global and International Issues

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