Exam 8: Strategy Formulation and Execution

Scenario - SS.com Faced with rapidly growing business, Swift Stocks, Inc., a global brokerage company with the largest market share, recently announced that it has established an on-line stock investment and trading subsidiary, SS.com, where investors can trade stocks at the lowest rates in the industry. The .com subsidiary has less than one percent market share but it faces a very high business growth rate. In the brokerage industry the competition is fierce and all players are cutting their on-line commission rates. -Swift Stock's traditional brokerage business could be classified as a _____.

Gillette operates numerous strategic business units. Most of its units in the personal care division have low market share but high business growth. These units are classified as _____.

Scenario - Theresa Teutul Theresa Teutul was an executive with Digital Industries, a leading manufacturer of color televisions. She recognized that the color television market in the late 1970's was facing significant challenges. After two decades of highly successful development and marketing, the sales of color televisions had slowed and replacing older color television sets largely created her market. -The strategy that the BCG matrix suggests that Theresa should take for this SBU is:

The dog, according to the BCG Matrix, is a poor performer.

With a(n) _____ strategy, the organization concentrates on a specific regional market or buyer group.

Unrelated diversification occurs when an organization expands into a totally new line of business.

General Products Inc. is a small clothing designer and manufacturer located in the United States. A vast majority of the company's revenues comes from U.S. sales, although about ten percent of the company's revenue come from sales to Canada. General Products Inc. can best be described as using which global corporate strategy?

Persuasion, motivation, and changes in cultures and values are examples of which of the dimensions used to implement strategy?

A(n) _____ strategy seeks to achieve both global integration and national responsiveness.

With a(n) _____ strategy, the organization aggressively seeks efficient facilities, pursues cost reductions, and uses tight cost controls to produce products more efficiently than competitors.

Name and describe the three types of global strategies.

The three levels of strategy are business, corporate, and global.

To remain competitive, companies should develop strategies that focus on core competencies, providing synergy, and creating value for _____.

Which of the following portfolio categories is made up of poor performers who command only a small share of a slow growth market?

Fred has been assigned to conduct a SWOT analysis for his organization, Acme, Inc. As part of this assignment, Fred will:

Which of the following lists the strategic management process in proper order?

Scenario - SS.com Faced with rapidly growing business, Swift Stocks, Inc., a global brokerage company with the largest market share, recently announced that it has established an on-line stock investment and trading subsidiary, SS.com, where investors can trade stocks at the lowest rates in the industry. The .com subsidiary has less than one percent market share but it faces a very high business growth rate. In the brokerage industry the competition is fierce and all players are cutting their on-line commission rates. -SS.com subsidiary for Swift Stocks can be classified as a _____.

With a multidomestic strategy, a company will achieve the globalization or standardization of marketing and production approaches.

Which of these questions is central to a functional-level strategy?

The ability to influence people to adopt the new behaviors needed for strategy implementation is called _____.