Question 1

Two or more resources or activities are consistent when:

Accepted Answer

A)  they don't reinforce each other 
B)  they jointly align with the firm's strategy 
C)  they come from the same source 
D)  they pose a barrier to imitation 
A)  they don't reinforce each other 
B)  they jointly align with the firm's strategy 
C)  they come from the same source 
D)  they pose a barrier to imitation B

Question 2

A firm's social network can strongly affect its coordination systems and culture.

Accepted Answer

A) True 
 B)False  True

Question 3

A firm's capabilities can:

Accepted Answer

A)  be traded 
B)  described in detail 
C)  be more stable than a resource 
D)  none of the above 
A)  be traded 
B)  described in detail 
C)  be more stable than a resource 
D)  none of the above D

Question 4

How can a small group social network in an organization affect its ability to problem solve?

Accepted Answer

A small group network structure is typic

Question 5

Matrix structures are less expensive to manage than structures without dual reporting relationships.

Accepted Answer

A) True 
 B)False

Question 6

The ability to engage in both single and double loop learning is critical to effective strategy execution.

Accepted Answer

A) True 
 B)False

Question 7

Organizing by geography makes sense when the regions the firm competes in differ strategically.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is not a characteristic of complementary resources?

Accepted Answer

A)  they support capability development 
B)  they produce a more effective outcome together than independently 
C)  they dominate a firm's organizational structure 
D)  none of the above 
A)  they support capability development 
B)  they produce a more effective outcome together than independently 
C)  they dominate a firm's organizational structure 
D)  none of the above

Question 9

Which of the following is not a necessary condition for the effective implementation of a pay for performance system?

Accepted Answer

A)  there should be a lower bound on product quality 
B)  employees must be able to control the pace of production 
C)  team members should have roughly the same preferences for effort 
D)  managers should receive a high bonus for the piece rate work of their employees 
A)  there should be a lower bound on product quality 
B)  employees must be able to control the pace of production 
C)  team members should have roughly the same preferences for effort 
D)  managers should receive a high bonus for the piece rate work of their employees

Question 10

Value Chains and Activity Systems generate the same information.

Accepted Answer

A) True 
 B)False

Question 11

Why does a firm need both financial and operational control systems for effective strategy execution?

Accepted Answer

Both Blooms of systems play a prominent

Question 12

Learning from failure is less useful in the context of well-defined goals.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following is not an organizational dimension of capability development?

Accepted Answer

A)  organizational culture 
B)  investor relations 
C)  control systems 
D)  incentive systems 
A)  organizational culture 
B)  investor relations 
C)  control systems 
D)  incentive systems

Question 14

Give an example of a capability and describe why this capability is not easily traded.

Accepted Answer

Manufacturing capability, marketing capa

Question 15

The more consistent an organization's activities, the easier they are to change.

Accepted Answer

A) True 
 B)False

Question 16

A functional organization is effective in reducing the firm's costs.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following is not a problem associated with incentive systems?

Accepted Answer

A)  interdependency 
B)  customer retention 
C)  alignment 
D)  controllability 
A)  interdependency 
B)  customer retention 
C)  alignment 
D)  controllability

Question 18

An activity system illustrates how the following items relate to and reinforce each other:

Accepted Answer

A)  product attributes and key resources 
B)  value chain activities and top management compensation 
C)  the firm's structure and its profitability 
D)  none of the above 
A)  product attributes and key resources 
B)  value chain activities and top management compensation 
C)  the firm's structure and its profitability 
D)  none of the above

Question 19

Consistency among activities makes the most sense:

Accepted Answer

A)  when the firm is engaged in an intense innovation cycle 
B)  when the firm is pursuing cost leadership or high value advantage 
C)  when the firm is stuck in the middle 
D)  when the firm is growing rapidly 
A)  when the firm is engaged in an intense innovation cycle 
B)  when the firm is pursuing cost leadership or high value advantage 
C)  when the firm is stuck in the middle 
D)  when the firm is growing rapidly

Question 20

Which of the following is a poor example of a resource?

Accepted Answer

A)  a brand 
B)  an oil well 
C)  a distribution network 
D)  a production process 
A)  a brand 
B)  an oil well 
C)  a distribution network 
D)  a production process

Two or more resources or activities are consistent when:

A firm's social network can strongly affect its coordination systems and culture.

A firm's capabilities can:

How can a small group social network in an organization affect its ability to problem solve?

Matrix structures are less expensive to manage than structures without dual reporting relationships.

The ability to engage in both single and double loop learning is critical to effective strategy execution.

Organizing by geography makes sense when the regions the firm competes in differ strategically.

Which of the following is not a characteristic of complementary resources?

Which of the following is not a necessary condition for the effective implementation of a pay for performance system?

Value Chains and Activity Systems generate the same information.

Why does a firm need both financial and operational control systems for effective strategy execution?

Learning from failure is less useful in the context of well-defined goals.

Which of the following is not an organizational dimension of capability development?

Give an example of a capability and describe why this capability is not easily traded.

The more consistent an organization's activities, the easier they are to change.

A functional organization is effective in reducing the firm's costs.

Which of the following is not a problem associated with incentive systems?

An activity system illustrates how the following items relate to and reinforce each other:

Consistency among activities makes the most sense:

Which of the following is a poor example of a resource?

Competitive Advantage

Industry Analysis

Strategy Over Time: Growth and Innovation

Partnering

Vertical Integration and Outsourcing

Partnering

Global Strategy

New Business Development

Managing the Multibusiness Firm

Corporate Governance

Filters

Exam 4: Strategy Execution

Two or more resources or activities are consistent when:

A firm's social network can strongly affect its coordination systems and culture.

A firm's capabilities can:

How can a small group social network in an organization affect its ability to problem solve?

Matrix structures are less expensive to manage than structures without dual reporting relationships.

The ability to engage in both single and double loop learning is critical to effective strategy execution.

Organizing by geography makes sense when the regions the firm competes in differ strategically.

Which of the following is not a characteristic of complementary resources?

Which of the following is not a necessary condition for the effective implementation of a pay for performance system?

Value Chains and Activity Systems generate the same information.

Why does a firm need both financial and operational control systems for effective strategy execution?

Learning from failure is less useful in the context of well-defined goals.

Which of the following is not an organizational dimension of capability development?

Give an example of a capability and describe why this capability is not easily traded.

The more consistent an organization's activities, the easier they are to change.

A functional organization is effective in reducing the firm's costs.

Which of the following is not a problem associated with incentive systems?

An activity system illustrates how the following items relate to and reinforce each other:

Consistency among activities makes the most sense:

Which of the following is a poor example of a resource?

Competitive Advantage

Industry Analysis

Strategy Over Time: Growth and Innovation

Partnering

Vertical Integration and Outsourcing

Partnering

Global Strategy

New Business Development

Managing the Multibusiness Firm

Corporate Governance

Filters