Exam 8: Strategy Formulation and Implementation

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Scenario - QT.com Faced with rapidly growing business, Quick Trade, Inc., a global brokerage company with the largest market share, recently announced that they have established an on-line stock investment and trading subsidiary, QT.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. -Quick Trade's traditional brokerage business could be classified as a

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A corporate-level strategy is concerned with the question

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Front-line mangers have the final responsibility for strategic planning.

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When a company develops a special relationship with a key supplier that eliminate intermediaries by sharing complete information it is called:

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Toy Trains, Inc. just introduced a new line of trains. This action is consistent with the grand strategy of

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____________________ can be promoted internally by investing in expansion or externally by acquiring additional business divisions.

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To encourage employees to find ways to cut costs, and thus achieve their strategic goal of overall cost leadership, Delta Dreamforce introduced a pay-for-performance system. This is an example of which of the dimensions used for implementing strategy?

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Briefly describe the different cooperative strategies using the continuum of cooperative strategies.

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The BCG matrix organizes along which of the following dimensions?

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The question How do we support the business-level competitive strategy? concerns _________________________ strategy.

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Portfolio strategy pertains to the mix of business units and product lines that fit together in a logical way to provide synergy and competitive advantage for the corporation.

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Some people argue that __________ is the most difficult and most important part of strategic management.

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According to the BCG Matrix, the question mark exists in a new, rapidly growing industry but has only a small market share.

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Value refers to the combination of benefits received and costs paid by the customer.

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

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In BCG Matrix, the circle size represents the relative profit made by each business in the company's portfolio.

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The star has a

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A strategy that combines global coordination to attain efficiency with flexibility to meet specific needs in various countries is referred to as a

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Compare and contrast the three levels of strategy in an organization.

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Which of these typically includes a search for SWOT that affect organizational performance?

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