Question 1

Distribution involves warehousing,marketing research,distribution channels,wholesaling and retailing.

Accepted Answer

A) True 
 B)False

Question 2

________ is a commonly used approach to determine R&D budget allocations.

Accepted Answer

A)  Financing as many project proposals as possible 
B)  Using the percentage of sales method 
C)  Budgeting for R&D about what competitors spend 
D)  Deciding how many successful new products are needed 
E)  All of the above 
A)  Financing as many project proposals as possible 
B)  Using the percentage of sales method 
C)  Budgeting for R&D about what competitors spend 
D)  Deciding how many successful new products are needed 
E)  All of the above

Question 3

Synergy

Accepted Answer

A)  is the 2 + 2 = 5 effect. 
B)  can result in powerful competitive advantages. 
C)  can be developed by an organization through planning. 
D)  exists when everyone pulls together as a team that knows what it wants to achieve. 
E)  all of the above 
A)  is the 2 + 2 = 5 effect. 
B)  can result in powerful competitive advantages. 
C)  can be developed by an organization through planning. 
D)  exists when everyone pulls together as a team that knows what it wants to achieve. 
E)  all of the above

Question 4

Which of the following is the process of influencing people to accomplish specific objectives?

Accepted Answer

A)  Staffing 
B)  Motivating 
C)  Planning 
D)  Controlling 
E)  Organizing 
A)  Staffing 
B)  Motivating 
C)  Planning 
D)  Controlling 
E)  Organizing

Question 5

According to James Van Horne,what are the three decisions that comprise the functions of finance? Describe each function.

Accepted Answer

The three basic functions of finance,acc

Question 6

Which ratio would be considered an activity ratio?

Accepted Answer

A)  Debt-to-equity 
B)  Net profit margin 
C)  Average collection period 
D)  Earnings per share 
E)  Current ratio 
A)  Debt-to-equity 
B)  Net profit margin 
C)  Average collection period 
D)  Earnings per share 
E)  Current ratio

Question 7

Four basic approaches exist to determine R&D budget allocations.What are these approaches? Which one would you recommend for a pharmaceutical company? Why?

Accepted Answer

The four approaches to determining commo

Question 8

Honda Motor,long considered the industry's fastest producer,fills a buyer's new car order in just 5 days.

Accepted Answer

A) True 
 B)False

Question 9

Although a useful step in the strategic management process,value chain analysis can rarely help a firm monitor whether its prices and costs are competitive.

Accepted Answer

A) True 
 B)False

Question 10

Define cultural products,and give six examples of them.

Accepted Answer

Cultural products are levers or dimensio

Question 11

A limitation of financial ratios is the fact that they are based on accounting data.

Accepted Answer

A) True 
 B)False

Question 12

Allocating resources is one of the five basic activities (functions)performed by managers.

Accepted Answer

A) True 
 B)False

Question 13

A pattern of behavior developed by an organization as it learns to cope with its problems of external adaptation and internal integration that has worked well enough to be considered valid and to be taught to new members as the correct way to perceive,think and feel is called

Accepted Answer

A)  dysfunctional behavior. 
B)  groupthink. 
C)  behavior modification. 
D)  organizational culture. 
E)  internal audit effect. 
A)  dysfunctional behavior. 
B)  groupthink. 
C)  behavior modification. 
D)  organizational culture. 
E)  internal audit effect.

Question 14

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

Accepted Answer

A) True 
 B)False

Question 15

________ become(s)________ only when they are evaluated,filtered,condensed,analyzed and organized for a specific purpose,problem,individual,or time.

Accepted Answer

A)  Information; data 
B)  Information; material 
C)  Data; information 
D)  Data; competitive advantages 
E)  Competitive advantages; material 
A)  Information; data 
B)  Information; material 
C)  Data; information 
D)  Data; competitive advantages 
E)  Competitive advantages; material

Question 16

A firm's strengths that cannot be easily matched or imitated by competitors are called

Accepted Answer

A)  internal audits. 
B)  distinctive competencies. 
C)  external audits. 
D)  special properties. 
E)  internal properties. 
A)  internal audits. 
B)  distinctive competencies. 
C)  external audits. 
D)  special properties. 
E)  internal properties.

Question 17

The management function of organizing is included in human resource management.

Accepted Answer

A) True 
 B)False

Question 18

Organizational resources include all of the following except:

Accepted Answer

A)  employee training. 
B)  firm structure. 
C)  planning processes. 
D)  information systems. 
E)  copyrights. 
A)  employee training. 
B)  firm structure. 
C)  planning processes. 
D)  information systems. 
E)  copyrights.

Question 19

Capacity decisions concern distances from raw materials to production sites to customers.

Accepted Answer

A) True 
 B)False

Question 20

Benchmarking is an analytical tool used to determine whether a firm's value chain activities are competitive compared to rivals.

Accepted Answer

A) True 
 B)False

Distribution involves warehousing,marketing research,distribution channels,wholesaling and retailing.

________ is a commonly used approach to determine R&D budget allocations.

Synergy

Which of the following is the process of influencing people to accomplish specific objectives?

According to James Van Horne,what are the three decisions that comprise the functions of finance? Describe each function.

Which ratio would be considered an activity ratio?

Four basic approaches exist to determine R&D budget allocations.What are these approaches? Which one would you recommend for a pharmaceutical company? Why?

Honda Motor,long considered the industry's fastest producer,fills a buyer's new car order in just 5 days.

Although a useful step in the strategic management process,value chain analysis can rarely help a firm monitor whether its prices and costs are competitive.

Define cultural products,and give six examples of them.

A limitation of financial ratios is the fact that they are based on accounting data.

Allocating resources is one of the five basic activities (functions)performed by managers.

A pattern of behavior developed by an organization as it learns to cope with its problems of external adaptation and internal integration that has worked well enough to be considered valid and to be taught to new members as the correct way to perceive,think and feel is called

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

become(s) only when they are evaluated,filtered,condensed,analyzed and organized for a specific purpose,problem,individual,or time.

A firm's strengths that cannot be easily matched or imitated by competitors are called

The management function of organizing is included in human resource management.

Organizational resources include all of the following except:

Capacity decisions concern distances from raw materials to production sites to customers.

Benchmarking is an analytical tool used to determine whether a firm's value chain activities are competitive compared to rivals.

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

Strategies in Action

Strategy Analysis and Choice

Implementing Strategies: Management and Operations Issues

Implementing Strategies: Marketing, Finance/Accounting, R&D, and MIS Issues

Strategy Review, Evaluation, and Control

Business Ethics/Social Responsibility/Environmental Sustainability

Global/International Issues

Filters

Exam 4: The Internal Assessment

Distribution involves warehousing,marketing research,distribution channels,wholesaling and retailing.

________ is a commonly used approach to determine R&D budget allocations.

Synergy

Which of the following is the process of influencing people to accomplish specific objectives?

According to James Van Horne,what are the three decisions that comprise the functions of finance? Describe each function.

Which ratio would be considered an activity ratio?

Four basic approaches exist to determine R&D budget allocations.What are these approaches? Which one would you recommend for a pharmaceutical company? Why?

Honda Motor,long considered the industry's fastest producer,fills a buyer's new car order in just 5 days.

Although a useful step in the strategic management process,value chain analysis can rarely help a firm monitor whether its prices and costs are competitive.

Define cultural products,and give six examples of them.

A limitation of financial ratios is the fact that they are based on accounting data.

Allocating resources is one of the five basic activities (functions)performed by managers.

A pattern of behavior developed by an organization as it learns to cope with its problems of external adaptation and internal integration that has worked well enough to be considered valid and to be taught to new members as the correct way to perceive,think and feel is called

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

________ become(s)________ only when they are evaluated,filtered,condensed,analyzed and organized for a specific purpose,problem,individual,or time.

A firm's strengths that cannot be easily matched or imitated by competitors are called

The management function of organizing is included in human resource management.

Organizational resources include all of the following except:

Capacity decisions concern distances from raw materials to production sites to customers.

Benchmarking is an analytical tool used to determine whether a firm's value chain activities are competitive compared to rivals.

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

Strategies in Action

Strategy Analysis and Choice

Implementing Strategies: Management and Operations Issues

Implementing Strategies: Marketing, Finance/Accounting, R&D, and MIS Issues

Strategy Review, Evaluation, and Control

Business Ethics/Social Responsibility/Environmental Sustainability

Global/International Issues

Filters

become(s) only when they are evaluated,filtered,condensed,analyzed and organized for a specific purpose,problem,individual,or time.