Question 1

Compare and contrast the IE Matrix with the BCG Matrix.

Accepted Answer

The IE Matrix is similar to the BCG Matr

Question 2

Having no temporal qualities, the BCG Matrix is a snapshot of an organization at a given point in time.

Accepted Answer

A) True 
 B)False

Question 3

The four strategies of the SPACE Matrix are aggressive, conservative, offensive and defensive.

Accepted Answer

A) True 
 B)False

Question 4

The most important determinants of an organization's overall strategic position are considered to be the two internal dimensions, financial position (FP) and competitive position (CP), and the two external dimensions, industry position (IP) and stability position (SP).

Accepted Answer

A) True 
 B)False

Question 5

The Sarbanes-Oxley Act put an end to the "country-club" atmosphere of most boards and has shifted power from CEOs to directors.

Accepted Answer

A) True 
 B)False

Question 6

According to the Grand Strategy Matrix, Quadrant III organizations compete in rapid-growth industries and have weak competitive positions.

Accepted Answer

A) True 
 B)False

Question 7

All of the following are principles of good organizational governance, as established by Business Week, EXCEPT

Accepted Answer

A)  Each director attends at least 75 percent of all meetings. 
B)  The audit, compensation and nominating committees are made up solely of outside directors. 
C)  Each director owns a large equity stake in the company, excluding stock options. 
D)  At least three directors are current or former company executives. 
E)  The CEO is not also the Chairperson of the Board. 
A)  Each director attends at least 75 percent of all meetings. 
B)  The audit, compensation and nominating committees are made up solely of outside directors. 
C)  Each director owns a large equity stake in the company, excluding stock options. 
D)  At least three directors are current or former company executives. 
E)  The CEO is not also the Chairperson of the Board.

Question 8

The Grand Strategy Matrix is based on two evaluative dimensions, market share and market growth.

Accepted Answer

A) True 
 B)False

Question 9

A SWOT Matrix is composed of four cells for the four types of strategies it creates.

Accepted Answer

A) True 
 B)False

Question 10

Describe the positive features and limitations of QSPM.

Accepted Answer

There are three positive features of QSP

Question 11

The trend in the U.S. is toward larger boards, with an average of 18 members being the norm.

Accepted Answer

A) True 
 B)False

Question 12

Strengths-opportunities strategies are based on using a firm's internal strengths to take advantage of external opportunities.

Accepted Answer

A) True 
 B)False

Question 13

In the SPACE analysis, what does a (+6, +3) strategy profile portray?

Accepted Answer

A)  A strong industry position 
B)  An unstable environment 
C)  A stable environment 
D)  A weak industry position 
E)  A weak financial position 
A)  A strong industry position 
B)  An unstable environment 
C)  A stable environment 
D)  A weak industry position 
E)  A weak financial position

Question 14

The SWOT matrix is widely used as an organizational tool and, if used appropriately, does not have any limitations.

Accepted Answer

A) True 
 B)False

Question 15

What term is defined as the product of multiplying the weights by the Attractiveness Scores in each row of the QSPM?

Accepted Answer

A)  Total Attractiveness Scores 
B)  Sum Total Scores 
C)  Weighted Scores 
D)  Total Weighted Scores 
E)  Factors 
A)  Total Attractiveness Scores 
B)  Sum Total Scores 
C)  Weighted Scores 
D)  Total Weighted Scores 
E)  Factors

Question 16

Firms located in which quadrant of the Grand Strategy Matrix are in an excellent strategic position?

Accepted Answer

A)  I 
B)  II 
C)  III 
D)  IV 
E)  V 
A)  I 
B)  II 
C)  III 
D)  IV 
E)  V

Question 17

Viewing every business as either a Star, Cash Cow, Dog, or Question Mark is an oversimplification.

Accepted Answer

A) True 
 B)False

Question 18

Which tactic emphasizes that a successful outcome is more important than imposing the method of achieving it?

Accepted Answer

A)  Generalization 
B)  Satisfying 
C)  Focus on higher-order issues 
D)  Equifinality 
E)  Specialization 
A)  Generalization 
B)  Satisfying 
C)  Focus on higher-order issues 
D)  Equifinality 
E)  Specialization

Question 19

In the BCG Matrix, which strategy would be most appropriate for a division classified as a Dog?

Accepted Answer

A)  Market penetration 
B)  Market development 
C)  Product development 
D)  Retrenchment 
E)  Forward integration 
A)  Market penetration 
B)  Market development 
C)  Product development 
D)  Retrenchment 
E)  Forward integration

Question 20

Stars, Question Marks, Cash Cows, and Dogs are the four quadrants exhibited by the SPACE Matrix.

Accepted Answer

A) True 
 B)False

Compare and contrast the IE Matrix with the BCG Matrix.

Having no temporal qualities, the BCG Matrix is a snapshot of an organization at a given point in time.

The four strategies of the SPACE Matrix are aggressive, conservative, offensive and defensive.

The most important determinants of an organization's overall strategic position are considered to be the two internal dimensions, financial position (FP) and competitive position (CP), and the two external dimensions, industry position (IP) and stability position (SP).

The Sarbanes-Oxley Act put an end to the "country-club" atmosphere of most boards and has shifted power from CEOs to directors.

According to the Grand Strategy Matrix, Quadrant III organizations compete in rapid-growth industries and have weak competitive positions.

All of the following are principles of good organizational governance, as established by Business Week, EXCEPT

The Grand Strategy Matrix is based on two evaluative dimensions, market share and market growth.

A SWOT Matrix is composed of four cells for the four types of strategies it creates.

Describe the positive features and limitations of QSPM.

The trend in the U.S. is toward larger boards, with an average of 18 members being the norm.

Strengths-opportunities strategies are based on using a firm's internal strengths to take advantage of external opportunities.

In the SPACE analysis, what does a (+6, +3) strategy profile portray?

The SWOT matrix is widely used as an organizational tool and, if used appropriately, does not have any limitations.

What term is defined as the product of multiplying the weights by the Attractiveness Scores in each row of the QSPM?

Firms located in which quadrant of the Grand Strategy Matrix are in an excellent strategic position?

Viewing every business as either a Star, Cash Cow, Dog, or Question Mark is an oversimplification.

Which tactic emphasizes that a successful outcome is more important than imposing the method of achieving it?

In the BCG Matrix, which strategy would be most appropriate for a division classified as a Dog?

Stars, Question Marks, Cash Cows, and Dogs are the four quadrants exhibited by the SPACE Matrix.

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Strategies in Action

Implementing Strategies: Management and Operations Issues

Implementing Strategies: Marketing, Financeaccounting, RD, and MIS Issues

Strategy Review, Evaluation, and Control

Business Ethicssocial Responsibilityenvironmental Sustainability

Globalinternational Issues

Filters

Exam 6: Strategy Analysis and Choice

Compare and contrast the IE Matrix with the BCG Matrix.

Having no temporal qualities, the BCG Matrix is a snapshot of an organization at a given point in time.

The four strategies of the SPACE Matrix are aggressive, conservative, offensive and defensive.

The most important determinants of an organization's overall strategic position are considered to be the two internal dimensions, financial position (FP) and competitive position (CP), and the two external dimensions, industry position (IP) and stability position (SP).

The Sarbanes-Oxley Act put an end to the "country-club" atmosphere of most boards and has shifted power from CEOs to directors.

According to the Grand Strategy Matrix, Quadrant III organizations compete in rapid-growth industries and have weak competitive positions.

All of the following are principles of good organizational governance, as established by Business Week, EXCEPT

The Grand Strategy Matrix is based on two evaluative dimensions, market share and market growth.

A SWOT Matrix is composed of four cells for the four types of strategies it creates.

Describe the positive features and limitations of QSPM.

The trend in the U.S. is toward larger boards, with an average of 18 members being the norm.

Strengths-opportunities strategies are based on using a firm's internal strengths to take advantage of external opportunities.

In the SPACE analysis, what does a (+6, +3) strategy profile portray?

The SWOT matrix is widely used as an organizational tool and, if used appropriately, does not have any limitations.

What term is defined as the product of multiplying the weights by the Attractiveness Scores in each row of the QSPM?

Firms located in which quadrant of the Grand Strategy Matrix are in an excellent strategic position?

Viewing every business as either a Star, Cash Cow, Dog, or Question Mark is an oversimplification.

Which tactic emphasizes that a successful outcome is more important than imposing the method of achieving it?

In the BCG Matrix, which strategy would be most appropriate for a division classified as a Dog?

Stars, Question Marks, Cash Cows, and Dogs are the four quadrants exhibited by the SPACE Matrix.

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Strategies in Action

Implementing Strategies: Management and Operations Issues

Implementing Strategies: Marketing, Financeaccounting, RD, and MIS Issues

Strategy Review, Evaluation, and Control

Business Ethicssocial Responsibilityenvironmental Sustainability

Globalinternational Issues

Filters