Question 1

All of the following are Porter's competitive forces except:

Accepted Answer

A)  differentiation. 
B)  bargaining power of buyers. 
C)  bargaining power of suppliers. 
D)  threat of substitute products. 
E)  potential new entrants. 
A)  differentiation. 
B)  bargaining power of buyers. 
C)  bargaining power of suppliers. 
D)  threat of substitute products. 
E)  potential new entrants.

Question 2

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

Accepted Answer

A)  Star 
B)  Cash cow 
C)  Question mark 
D)  Dog 
E)  Cat 
A)  Star 
B)  Cash cow 
C)  Question mark 
D)  Dog 
E)  Cat

Question 3

Swift Stocks
Faced with rapidly growing business, Swift Stocks, Inc., a global brokerage company with the largest market share, recently announced that it has established an online 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 online commission rates.
-According to the BCG matrix, Swift Stocks' traditional brokerage business could be classified as a:

Accepted Answer

A)  cash cow. 
B)  dog. 
C)  star. 
D)  question mark. 
E)  threat. 
A)  cash cow. 
B)  dog. 
C)  star. 
D)  question mark. 
E)  threat.

Question 4

Sears' decision to sell off much of its financial services division is an example of a __________ strategy.

Accepted Answer

A)  corporate-level 
B)  business-level 
C)  functional-level 
D)  glocalization 
E)  stability 
A)  corporate-level 
B)  business-level 
C)  functional-level 
D)  glocalization 
E)  stability

Question 5

Which of the following would be considered a threat to an organization?

Accepted Answer

A)  Employees' resistance to change 
B)  Flexible work culture 
C)  Competitive job market for critical resources 
D)  Strategic alliance with another organization 
E)  All of these 
A)  Employees' resistance to change 
B)  Flexible work culture 
C)  Competitive job market for critical resources 
D)  Strategic alliance with another organization 
E)  All of these

Question 6

Diversification is a strategy of moving into new lines of business.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following statements about the dog is true?

Accepted Answer

A)  The dog exists in a new, rapidly growing industry, but has only a small market share. 
B)  The dog has additional growth potential, and profits should be plowed into this business as investment for future growth and profits. 
C)  The dog exists in a mature, slow-growth industry but is a dominant business in the industry, with a large market share. 
D)  The dog has only a small share of a slow-growth market. 
E)  The corporation should invest the cash earned from cash cows in dogs with the goal of nurturing them into future stars. 
A)  The dog exists in a new, rapidly growing industry, but has only a small market share. 
B)  The dog has additional growth potential, and profits should be plowed into this business as investment for future growth and profits. 
C)  The dog exists in a mature, slow-growth industry but is a dominant business in the industry, with a large market share. 
D)  The dog has only a small share of a slow-growth market. 
E)  The corporation should invest the cash earned from cash cows in dogs with the goal of nurturing them into future stars.

Question 8

Classy Clay has extremely creative employees who, in the opinion of the organization, keep the company ahead of the competition. The creativity of these employees would be classified as a(n):

Accepted Answer

A)  internal weakness. 
B)  external opportunity. 
C)  external strength. 
D)  internal strength. 
E)  neutral factor. 
A)  internal weakness. 
B)  external opportunity. 
C)  external strength. 
D)  internal strength. 
E)  neutral factor.

Question 9

Gillette operates numerous strategic business units. Most of its units in the personal care division have a small market share but high business growth. These units are classified as __________ on the BCG matrix.

Accepted Answer

A)  dogs 
B)  question marks 
C)  stars 
D)  cash cows 
E)  none of these 
A)  dogs 
B)  question marks 
C)  stars 
D)  cash cows 
E)  none of these

All of the following are Porter's competitive forces except:

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

Sears' decision to sell off much of its financial services division is an example of a __________ strategy.

Which of the following would be considered a threat to an organization?

Diversification is a strategy of moving into new lines of business.

Which of the following statements about the dog is true?

Classy Clay has extremely creative employees who, in the opinion of the organization, keep the company ahead of the competition. The creativity of these employees would be classified as a(n):

Gillette operates numerous strategic business units. Most of its units in the personal care division have a small market share but high business growth. These units are classified as __________ on the BCG matrix.

The World of Innovative Management

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing in a Global Environment

Managing Ethics and Social Responsibility

Managing Start-Ups and New Ventures

Planning and Global Setting

Managerial Decision Making

Designing Organization Structure

Managing Change and Innovation

Managing Human Resources

Managing Diversity

Understanding Invidividual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Filters

Exam 8: Strategy Formulation and Execution

All of the following are Porter's competitive forces except:

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

Sears' decision to sell off much of its financial services division is an example of a __________ strategy.

Which of the following would be considered a threat to an organization?

Diversification is a strategy of moving into new lines of business.

Which of the following statements about the dog is true?

Classy Clay has extremely creative employees who, in the opinion of the organization, keep the company ahead of the competition. The creativity of these employees would be classified as a(n):

Gillette operates numerous strategic business units. Most of its units in the personal care division have a small market share but high business growth. These units are classified as __________ on the BCG matrix.

The World of Innovative Management

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing in a Global Environment

Managing Ethics and Social Responsibility

Managing Start-Ups and New Ventures

Planning and Global Setting

Managerial Decision Making

Designing Organization Structure

Managing Change and Innovation

Managing Human Resources

Managing Diversity

Understanding Invidividual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Filters