Exam 4: The Internal Assessment

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Culture is formed within an organization's strategy.

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False

Dividend decisions concern issues such as the percentage of earnings paid to stockholders, the stability of dividends paid over time, and the repurchase of stock.

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True

In the first six months of 2017, the United States had ________ data breaches.

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E

A culture ideally supports the collective commitment of its people to a common purpose.

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Which of the following is similar to the actuarial methods used by insurance companies to rate customers by the chance of positive or negative outcomes?

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A resource is valuable if it is rare, hard to imitate, or

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The functions of management can be performed best when a firm's ________ and culture are integrated.

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Distribution becomes especially important when a firm is striving to implement a product development or diversification.

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The basic premise of the research-based view is that the mix, type, amount, and nature of a firm's internal resources should be considered first and foremost in devising strategies that can lead to sustainable competitive advantage.

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________ ties all business functions together and provides the basis for all managerial decisions.

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Culture and ________ must work together.

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In analyzing big data, there is a shift from focusing largely on outliers to also focusing on aggregates.

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Organizational culture must foster competence and enthusiasm among managers and employees.

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While interesting, organizational culture does not significantly affect business decisions.

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In the IFE Matrix, the sum of all weights must equal 1.0.

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Motivation can explain why some people work hard and others do not.

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A dividend change is a signal about the future.

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Define organizational culture and examine its relation to strategy.

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Financial ratios are not applicable to nonprofit organizations.

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Constructing an Internal Factor Evaluation Matrix is a summary step when conducting an internal strategic-management audit.

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