Exam 17: Implementing Corporate Strategy: Management of the Multibusiness Firm

Porter identifies 4 types of corporate strategy. Which of the following are included in what he describes?

The core tasks of corporate level strategy are to answer the following questions:

Are mergers and acquisitions an efficient way for firms to grow?

Between 1986 and 1992, major oil firms:

For a multidivisional firm, managing a business portfolio refers to any actions which impact the composition and balance of that portfolio.

Portfolio planning systems, (also called portfolio matrixes), contribute to which function, among others?

Almost every study shows that the shareholders of firms being taken over lose out from being taken over.

Which of these tools is the most difficult to use?

What does mean the substitution of an "administrative interface" between an operating division, and the stockholders?

Strategic planning focuses on medium-term strategic targets for a firm, while financial control systems focus on long-term financial results

The "standalone", or general influence of the corporate parent, can:

The most important task of a multibusiness corporation's CEO is to?

In practice, firms separate their corporate headquarters into two groups:

Differences in national cultures and corporate cultures can readily be minimized by rapid post-merger integration.

The difference between transferring skills and sharing activities is?

Exxon Mobil, SAB-Miller, and 3M are respectively:

Porter maintains that the potential for corporate value creation increases as a group's divisional activities become more integrated. The problem is:

Howard Hughes at Hughes Corporation, Ken Lay at Enron, Dennis Kozlowski at Tyco, and Jean-Marie Messier at Vivendi illustrate:

When planning corporate strategy, the most challenging task for corporate headquarters is to: