Exam 8: Strategy Formulation and Implementation
Exam 1: Managing in Turbulent Times174 Questions
Exam 2: The Evolution of Management Thinking179 Questions
Exam 3: The Environment and Corporate Culture167 Questions
Exam 4: Managing in a Global Environment192 Questions
Exam 5: Ethics and Social Responsibility178 Questions
Exam 6: Managing Small Business Start-Ups145 Questions
Exam 7: Managerial Planning and Goal Setting151 Questions
Exam 8: Strategy Formulation and Implementation162 Questions
Exam 9: Managerial Decision Making153 Questions
Exam 10: Designing Adaptive Organizations232 Questions
Exam 11: Managing Change and Innovation171 Questions
Exam 12: Human Resource Management162 Questions
Exam 13: Meeting the Challenge of Diversity126 Questions
Exam 14: Dynamics of Behavior in Organizations152 Questions
Exam 15: Leadership155 Questions
Exam 16: Motivation182 Questions
Exam 17: Communication155 Questions
Exam 18: Teamwork213 Questions
Exam 19: Managerial and Quality Control157 Questions
Exam 20: Information Technology and E-Business130 Questions
Exam 21: Operations and Value Chain Management145 Questions
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When a company goes global, it is difficult to implement strategies. Explain.
(Essay)
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The planning and decision making that lead to the establishment of the organization's goals and of a specific strategic plan is known as
(Multiple Choice)
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In strategy implementation, leadership is the ability to influence people to adopt the new behaviors need.
(True/False)
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There are four categories of grand strategies: growth, stability, retrenchment and diversification.
(True/False)
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Where does the information about opportunities and threats comes from?
(Multiple Choice)
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Mergers and acquisitions represent the ultimate in collaborative relationships.
(True/False)
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Which of these refers to the overall plan of action for the organization?
(Multiple Choice)
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Diversification is usually associated with the grand strategy of
(Multiple Choice)
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Situation analysis typically includes a search for SWOT--situation without threats.
(True/False)
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When AT&T decided to buy Media One, a cable company, it was pursuing a
(Multiple Choice)
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Click Once, Inc. has a number of strategic business units. Their hand-held computer unit has a large market share in this rapidly growing industry. Their hand-held computer business would be classified as
(Multiple Choice)
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The __________ of implementing a strategy is __________ when a company goes global.
(Multiple Choice)
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Which of these refers to the modification of product design and advertising strategies to suit the specific needs of individual countries?
(Multiple Choice)
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Persuasion, motivation, and changes in cultures and values are examples of which of the dimensions used to implement strategy?
(Multiple Choice)
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Preferred supplier arrangements occur when a company develops a special relationship with suppliers.
(True/False)
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____________________ involves regularly making difficult decisions about doing things in a way that supports rather than undermines the organization's chosen strategy.
(Short Answer)
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Grand strategy is the general plan of major action by which a firm intends to achieve its long-term goals.
(True/False)
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