Question 1

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

Accepted Answer

A)  SO 
B)  WO 
C)  SW 
D)  ST 
E)  WT 
A)  SO 
B)  WO 
C)  SW 
D)  ST 
E)  WT

Question 2

The Sarbanes-Oxley Act put an end to the "country-club" atmosphere of most boards and has shifted power from CEOs to directors.

Accepted Answer

A) True 
 B)False

Question 3

Which strategies aim at improving internal weaknesses by taking advantage of external opportunities?

Accepted Answer

A)  SO 
B)  WO 
C)  SW 
D)  ST 
E)  WT 
A)  SO 
B)  WO 
C)  SW 
D)  ST 
E)  WT

Question 4

Which tactic emphasizes that a successful outcome is more important than imposing the method of achieving it?

Accepted Answer

A)  Generalization 
B)  Satisfying 
C)  Focus on higher-order issues 
D)  Equifinality 
E)  Specialization 
A)  Generalization 
B)  Satisfying 
C)  Focus on higher-order issues 
D)  Equifinality 
E)  Specialization

Question 5

Strengths-opportunities strategies are based on using a firm's internal strengths to take advantage of external opportunities and threats.

Accepted Answer

A) True 
 B)False

Question 6

Whenever two firms merge,it becomes especially important to evaluate and consider culture-strategies linkages.

Accepted Answer

A) True 
 B)False

Question 7

The firm should pursue aggressive strategies if the coordinates of a SPACE directional vector are (+5,+4).

Accepted Answer

A) True 
 B)False

Question 8

In the SPACE analysis,what does a (+6,+3)strategy profile portray?

Accepted Answer

A)  A strong industry position 
B)  An unstable environment 
C)  A stable environment 
D)  A weak industry position 
E)  A weak financial position 
A)  A strong industry position 
B)  An unstable environment 
C)  A stable environment 
D)  A weak industry position 
E)  A weak financial position

Question 9

The BCG Matrix does not reflect whether or not various divisions or their industries are growing over time.

Accepted Answer

A) True 
 B)False

Question 10

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

Accepted Answer

A)  List the firm's key external threats. 
B)  Match internal strengths with external opportunities and record the resultant SO strategies in the appropriate cell. 
C)  Match internal weaknesses with external threats and record the resultant WT strategies. 
D)  List the firm's external weaknesses. 
E)  List the firm's external opportunities. 
A)  List the firm's key external threats. 
B)  Match internal strengths with external opportunities and record the resultant SO strategies in the appropriate cell. 
C)  Match internal weaknesses with external threats and record the resultant WT strategies. 
D)  List the firm's external weaknesses. 
E)  List the firm's external opportunities.

Question 11

Strategy changes may be highly effective and productive if a supportive culture does not exist.

Accepted Answer

A) True 
 B)False

Question 12

Viewing every business as either a Star,Cash Cow,Dog or Question Mark is an oversimplification.

Accepted Answer

A) True 
 B)False

Question 13

In a BCG Matrix the pie slice indicates the proportion of corporate profits generated by that division.

Accepted Answer

A) True 
 B)False

Question 14

Alternative strategies don't come out of the blue; they are derived from the firm's vision,mission and objectives.

Accepted Answer

A) True 
 B)False

Question 15

The four strategies of the SPACE Matrix are aggressive,conservative,offensive and defensive.

Accepted Answer

A) True 
 B)False

Question 16

The first stage of the strategy-formulation framework is the input stage,and it is directly followed by the decision stage.

Accepted Answer

A) True 
 B)False

Question 17

For companies located in Quadrant III of the Grand Strategy Matrix,the first strategy recommended is

Accepted Answer

A)  extensive cost and asset reduction. 
B)  asset expansion. 
C)  employee expansion. 
D)  immediate liquidation of assets. 
E)  divestiture. 
A)  extensive cost and asset reduction. 
B)  asset expansion. 
C)  employee expansion. 
D)  immediate liquidation of assets. 
E)  divestiture.

Question 18

The tactic of focusing on higher-order issues involves recognizing that it is often possible to achieve similar results using different means or paths.

Accepted Answer

A) True 
 B)False

Question 19

Which stage of the strategy-formulation framework involves the Quantitative Strategic Planning Matrix?

Accepted Answer

A)  Stage 1 
B)  Stage 2 
C)  Stage 3 
D)  Stage 4 
E)  Stage 5 
A)  Stage 1 
B)  Stage 2 
C)  Stage 3 
D)  Stage 4 
E)  Stage 5

Question 20

The two positive-rated dimensions on the SPACE Matrix are

Accepted Answer

A)  FP and CP. 
B)  CP and SP. 
C)  FP and IP. 
D)  IP and SP. 
E)  FP and SP. 
A)  FP and CP. 
B)  CP and SP. 
C)  FP and IP. 
D)  IP and SP. 
E)  FP and SP.

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

The Sarbanes-Oxley Act put an end to the "country-club" atmosphere of most boards and has shifted power from CEOs to directors.

Which strategies aim at improving internal weaknesses by taking advantage of external opportunities?

Which tactic emphasizes that a successful outcome is more important than imposing the method of achieving it?

Strengths-opportunities strategies are based on using a firm's internal strengths to take advantage of external opportunities and threats.

Whenever two firms merge,it becomes especially important to evaluate and consider culture-strategies linkages.

The firm should pursue aggressive strategies if the coordinates of a SPACE directional vector are (+5,+4).

In the SPACE analysis,what does a (+6,+3)strategy profile portray?

The BCG Matrix does not reflect whether or not various divisions or their industries are growing over time.

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

Strategy changes may be highly effective and productive if a supportive culture does not exist.

Viewing every business as either a Star,Cash Cow,Dog or Question Mark is an oversimplification.

In a BCG Matrix the pie slice indicates the proportion of corporate profits generated by that division.

Alternative strategies don't come out of the blue; they are derived from the firm's vision,mission and objectives.

The four strategies of the SPACE Matrix are aggressive,conservative,offensive and defensive.

The first stage of the strategy-formulation framework is the input stage,and it is directly followed by the decision stage.

For companies located in Quadrant III of the Grand Strategy Matrix,the first strategy recommended is

The tactic of focusing on higher-order issues involves recognizing that it is often possible to achieve similar results using different means or paths.

Which stage of the strategy-formulation framework involves the Quantitative Strategic Planning Matrix?

The two positive-rated dimensions on the SPACE Matrix are

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Strategies in Action

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 6: Strategy Analysis and Choice

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

The Sarbanes-Oxley Act put an end to the "country-club" atmosphere of most boards and has shifted power from CEOs to directors.

Which strategies aim at improving internal weaknesses by taking advantage of external opportunities?

Which tactic emphasizes that a successful outcome is more important than imposing the method of achieving it?

Strengths-opportunities strategies are based on using a firm's internal strengths to take advantage of external opportunities and threats.

Whenever two firms merge,it becomes especially important to evaluate and consider culture-strategies linkages.

The firm should pursue aggressive strategies if the coordinates of a SPACE directional vector are (+5,+4).

In the SPACE analysis,what does a (+6,+3)strategy profile portray?

The BCG Matrix does not reflect whether or not various divisions or their industries are growing over time.

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

Strategy changes may be highly effective and productive if a supportive culture does not exist.

Viewing every business as either a Star,Cash Cow,Dog or Question Mark is an oversimplification.

In a BCG Matrix the pie slice indicates the proportion of corporate profits generated by that division.

Alternative strategies don't come out of the blue; they are derived from the firm's vision,mission and objectives.

The four strategies of the SPACE Matrix are aggressive,conservative,offensive and defensive.

The first stage of the strategy-formulation framework is the input stage,and it is directly followed by the decision stage.

For companies located in Quadrant III of the Grand Strategy Matrix,the first strategy recommended is

The tactic of focusing on higher-order issues involves recognizing that it is often possible to achieve similar results using different means or paths.

Which stage of the strategy-formulation framework involves the Quantitative Strategic Planning Matrix?

The two positive-rated dimensions on the SPACE Matrix are

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Strategies in Action

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