Question 1

Creating systems that are reliable, flexible, and capable of rapid change is part of what?

Accepted Answer

A)  Agile manufacturing 
B)  Lean manufacturing 
C)  Responsive manufacturing 
D)  Dynamic manufacturing 
A)  Agile manufacturing 
B)  Lean manufacturing 
C)  Responsive manufacturing 
D)  Dynamic manufacturing A

Question 2

Which of the following is a driver of value that Amit and Zott (2001) suggest that business managers should focus on?

Accepted Answer

A)  efficiency 
B)  Capital investment 
C)  Market data 
D)  Competitor strategy 
A)  efficiency 
B)  Capital investment 
C)  Market data 
D)  Competitor strategy A

Question 3

Strategic opportunities from IT include increasing or decreasing switching costs.

Accepted Answer

A) True 
 B)False  True

Question 4

In financial risk management, strategic risks are not necessarily undesirable.

Accepted Answer

A) True 
 B)False

Question 5

Human Resource Management (HRM) has been described as the process through which management build…

Accepted Answer

A)  the human performance that the organization needs 
B)  strong employee relations 
C)  a strong reputation 
D)  lower costs 
A)  the human performance that the organization needs 
B)  strong employee relations 
C)  a strong reputation 
D)  lower costs

Question 6

Criteria that can be used to segment customers include:

Accepted Answer

A)  psychographic 
B)  psychological 
C)  psychiatric 
D)  photographic 
A)  psychographic 
B)  psychological 
C)  psychiatric 
D)  photographic

Question 7

As well as several advantages, functional strategies also have disadvantages. Which two of the following are disadvantages of functional strategy?

Accepted Answer

A)  Overstretch managers 
B)  Distract functional managers 
C)  Reduce managerial workload 
D)  Improve collegiality 
A)  Overstretch managers 
B)  Distract functional managers 
C)  Reduce managerial workload 
D)  Improve collegiality

Question 8

Workers and their skills are a key part of what?

Accepted Answer

A)  Core distinctive capabilities 
B)  Resource base 
C)  Training strategy 
D)  Costs profile 
A)  Core distinctive capabilities 
B)  Resource base 
C)  Training strategy 
D)  Costs profile

Question 9

Functional strategy as benefits to the organization including which two from the following?

Accepted Answer

A)  Coherence 
B)  Provide purpose 
C)  Accountability 
D)  Centralized control 
A)  Coherence 
B)  Provide purpose 
C)  Accountability 
D)  Centralized control

Question 10

Which of the following is one of four perspectives that the balanced score card approach facilitates?

Accepted Answer

A)  Internal business perspective 
B)  External perspective 
C)  Competitor perspective 
D)  Supplier perspective 
A)  Internal business perspective 
B)  External perspective 
C)  Competitor perspective 
D)  Supplier perspective

Creating systems that are reliable, flexible, and capable of rapid change is part of what?

Which of the following is a driver of value that Amit and Zott (2001) suggest that business managers should focus on?

Strategic opportunities from IT include increasing or decreasing switching costs.

In financial risk management, strategic risks are not necessarily undesirable.

Human Resource Management (HRM) has been described as the process through which management build…

Criteria that can be used to segment customers include:

As well as several advantages, functional strategies also have disadvantages. Which two of the following are disadvantages of functional strategy?

Workers and their skills are a key part of what?

Functional strategy as benefits to the organization including which two from the following?

Which of the following is one of four perspectives that the balanced score card approach facilitates?

Interpreting Strategy

A Process-Practice Model of Strategy

Strategic Decision Making in Organizations

Strategic Organization: Purpose, Values, and Culture

External Environment: Macro, Industry, and Competitive Settings

Internal Environment: Resources, Capabilities, and Activities

Corporate Strategy and Structure

Strategies for Achieving Competitive Advantage

Strategies for Growth

Innovation, Disruption, and Digitalization

Competing in a Globalized World

Sustainability and Strategy

Leading Strategic Change

Designing Effective Strategy Activities

Strategy-In-Practice: Learning, Reflecting, Thinking

Filters

Exam 9: Functional Strategy and Performance

Creating systems that are reliable, flexible, and capable of rapid change is part of what?

Which of the following is a driver of value that Amit and Zott (2001) suggest that business managers should focus on?

Strategic opportunities from IT include increasing or decreasing switching costs.

In financial risk management, strategic risks are not necessarily undesirable.

Human Resource Management (HRM) has been described as the process through which management build…

Criteria that can be used to segment customers include:

As well as several advantages, functional strategies also have disadvantages. Which two of the following are disadvantages of functional strategy?

Workers and their skills are a key part of what?

Functional strategy as benefits to the organization including which two from the following?

Which of the following is one of four perspectives that the balanced score card approach facilitates?

Interpreting Strategy

A Process-Practice Model of Strategy

Strategic Decision Making in Organizations

Strategic Organization: Purpose, Values, and Culture

External Environment: Macro, Industry, and Competitive Settings

Internal Environment: Resources, Capabilities, and Activities

Corporate Strategy and Structure

Strategies for Achieving Competitive Advantage

Strategies for Growth

Innovation, Disruption, and Digitalization

Competing in a Globalized World

Sustainability and Strategy

Leading Strategic Change

Designing Effective Strategy Activities

Strategy-In-Practice: Learning, Reflecting, Thinking

Filters