Question 1

What analytical tool has four quadrants based on two dimensions: competitive position and market growth?

Accepted Answer

A)  Competitive Profile Matrix 
B)  Internal-External Matrix 
C)  SPACE Matrix 
D)  Grand Strategy Matrix 
E)  QSPM 
A)  Competitive Profile Matrix 
B)  Internal-External Matrix 
C)  SPACE Matrix 
D)  Grand Strategy Matrix 
E)  QSPM

Question 2

The size of the circle in a BCG Matrix corresponds to the proportion of corporate revenue generated by that business unit.

Accepted Answer

A) True 
 B)False

Question 3

In the BCG Matrix,which element represents the industry growth rate in sales,measured in percentage terms?

Accepted Answer

A)  x-axis 
B)  y-axis 
C)  first quadrant 
D)  second quadrant 
E)  third quadrant 
A)  x-axis 
B)  y-axis 
C)  first quadrant 
D)  second quadrant 
E)  third quadrant

Question 4

One of the steps of the SWOT Matrix is to list the firm's key external opportunities.

Accepted Answer

A) True 
 B)False

Question 5

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

Accepted Answer

A)  stability position and industry position. 
B)  industry position and internationalization. 
C)  internationalization and competitive position. 
D)  competitive position and financial position. 
E)  financial position and stability position. 
A)  stability position and industry position. 
B)  industry position and internationalization. 
C)  internationalization and competitive position. 
D)  competitive position and financial position. 
E)  financial position and stability position.

Question 6

Conservative strategies in a SPACE Matrix most often include product development,market development,market penetration and related diversification.

Accepted Answer

A) True 
 B)False

Question 7

What are the two external dimensions of the SPACE Matrix?

Accepted Answer

A)  Stability position and industry position 
B)  Stability position and competitive position 
C)  Industry position and competitive position 
D)  Competitive position and financial position 
E)  Financial position and industry position 
A)  Stability position and industry position 
B)  Stability position and competitive position 
C)  Industry position and competitive position 
D)  Competitive position and financial position 
E)  Financial position and industry position

Question 8

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

Accepted Answer

A)  I 
B)  II 
C)  III 
D)  IV 
E)  V 
A)  I 
B)  II 
C)  III 
D)  IV 
E)  V

Question 9

According to the Grand Strategy Matrix,Quadrant III organizations compete in rapid-growth industries and have weak competitive positions.

Accepted Answer

A) True 
 B)False

Question 10

The major overall benefit of the BCG Matrix is that it draws attention to the cash flow,investment characteristics and needs of an organization's various divisions.

Accepted Answer

A) True 
 B)False

Question 11

Give five coordinates of a SPACE Matrix directional vector that would suggest conservative strategies to be most appropriate.

Accepted Answer

Student answers will vary.However,five e

Question 12

The IE Matrix can be divided into three major regions that have different strategy implications: grow and build,hold and maintain,and harvest or divest.

Accepted Answer

A) True 
 B)False

Question 13

When completing the matching stage of the strategy-formulation framework,the SWOT Matrix needs to be completed before the SPACE Matrix.

Accepted Answer

A) True 
 B)False

What analytical tool has four quadrants based on two dimensions: competitive position and market growth?

The size of the circle in a BCG Matrix corresponds to the proportion of corporate revenue generated by that business unit.

In the BCG Matrix,which element represents the industry growth rate in sales,measured in percentage terms?

One of the steps of the SWOT Matrix is to list the firm's key external opportunities.

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

Conservative strategies in a SPACE Matrix most often include product development,market development,market penetration and related diversification.

What are the two external dimensions of the SPACE Matrix?

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

According to the Grand Strategy Matrix,Quadrant III organizations compete in rapid-growth industries and have weak competitive positions.

The major overall benefit of the BCG Matrix is that it draws attention to the cash flow,investment characteristics and needs of an organization's various divisions.

Give five coordinates of a SPACE Matrix directional vector that would suggest conservative strategies to be most appropriate.

The IE Matrix can be divided into three major regions that have different strategy implications: grow and build,hold and maintain,and harvest or divest.

When completing the matching stage of the strategy-formulation framework,the SWOT Matrix needs to be completed before the SPACE Matrix.

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

What analytical tool has four quadrants based on two dimensions: competitive position and market growth?

The size of the circle in a BCG Matrix corresponds to the proportion of corporate revenue generated by that business unit.

In the BCG Matrix,which element represents the industry growth rate in sales,measured in percentage terms?

One of the steps of the SWOT Matrix is to list the firm's key external opportunities.

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

Conservative strategies in a SPACE Matrix most often include product development,market development,market penetration and related diversification.

What are the two external dimensions of the SPACE Matrix?

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

According to the Grand Strategy Matrix,Quadrant III organizations compete in rapid-growth industries and have weak competitive positions.

The major overall benefit of the BCG Matrix is that it draws attention to the cash flow,investment characteristics and needs of an organization's various divisions.

Give five coordinates of a SPACE Matrix directional vector that would suggest conservative strategies to be most appropriate.

The IE Matrix can be divided into three major regions that have different strategy implications: grow and build,hold and maintain,and harvest or divest.

When completing the matching stage of the strategy-formulation framework,the SWOT Matrix needs to be completed before the SPACE Matrix.

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