Question 1

The corporate culture generally reflects the values of the founder(s) and the mission of the firm.

Accepted Answer

A) True 
 B)False

Question 2

The two characteristics that determine the sustainability of a firm's distinctive competency are durability and imitability.

Accepted Answer

A) True 
 B)False

Question 3

When examining the corporate value chain of a particular product or service, which one of the following is NOT one of the PRIMARY activities that usually occur?

Accepted Answer

A)  operations 
B)  inbound and outbound logistics 
C)  auditing and accounting 
D)  marketing and sales 
E)  customer service 
A)  operations 
B)  inbound and outbound logistics 
C)  auditing and accounting 
D)  marketing and sales 
E)  customer service

Question 4

According to Porter, a manufacturing firm's support activities usually begin with inbound logistics, go through an operations process in which a product is manufactured, and continue on to outbound logistics and finally to service.

Accepted Answer

A) True 
 B)False

Question 5

The proposition that silicon chips double in complexity every 18 months is referred to as

Accepted Answer

A)  Ohm's Law. 
B)  Moore's Law. 
C)  Porter's Five Forces Model. 
D)  Mintzberg's Rule. 
E)  Keynesian's Theory. 
A)  Ohm's Law. 
B)  Moore's Law. 
C)  Porter's Five Forces Model. 
D)  Mintzberg's Rule. 
E)  Keynesian's Theory.

Question 6

Which of the following statements is True concerning a corporate reputation?

Accepted Answer

A)  It is a widely held perception of a company by the general public. 
B)  A good corporate reputation can be a strategic resource. 
C)  There is a positive relationship between corporate reputation and financial performance. 
D)  Reputation tends to be long-lasting and hard for others to duplicate. 
E)  all of the above 
A)  It is a widely held perception of a company by the general public. 
B)  A good corporate reputation can be a strategic resource. 
C)  There is a positive relationship between corporate reputation and financial performance. 
D)  Reputation tends to be long-lasting and hard for others to duplicate. 
E)  all of the above

Question 7

On the continuum of resource sustainability, where would streaming movies be placed?

Accepted Answer

A)  slow-cycle resources 
B)  sustainable resources 
C)  standard-cycle resources 
D)  fast-cycle resources 
E)  down-cycle resources 
A)  slow-cycle resources 
B)  sustainable resources 
C)  standard-cycle resources 
D)  fast-cycle resources 
E)  down-cycle resources

Question 8

Knowledge that is not easily communicated because it is deeply rooted in employee experience or in a corporation's culture is called

Accepted Answer

A)  tacit knowledge. 
B)  explicit knowledge. 
C)  imitable knowledge. 
D)  transferable knowledge. 
E)  durable knowledge. 
A)  tacit knowledge. 
B)  explicit knowledge. 
C)  imitable knowledge. 
D)  transferable knowledge. 
E)  durable knowledge.

Question 9

The rate at which a firm's underlying resources and capabilities depreciate or become obsolete is called

Accepted Answer

A)  replicability. 
B)  transparency. 
C)  imitability. 
D)  durability. 
E)  transferability. 
A)  replicability. 
B)  transparency. 
C)  imitability. 
D)  durability. 
E)  transferability.

Question 10

A corporation's ability to exploit its resources is referred to as its

Accepted Answer

A)  resources. 
B)  capabilities. 
C)  core competencies. 
D)  critical success factors. 
E)  key performance factors. 
A)  resources. 
B)  capabilities. 
C)  core competencies. 
D)  critical success factors. 
E)  key performance factors.

Question 11

Which one of the following is NOT one of the four methods to improve the corporation's quality of work life?

Accepted Answer

A)  improve the work environment 
B)  introduce participative problem-solving 
C)  improve the responsiveness of management 
D)  introduce innovative reward systems 
E)  restructuring work 
A)  improve the work environment 
B)  introduce participative problem-solving 
C)  improve the responsiveness of management 
D)  introduce innovative reward systems 
E)  restructuring work

Question 12

What is R&D intensity?

Accepted Answer

A company's R&D intensity is the firm's

Question 13

The part of an industry's value chain that is most important to a company and the point where its greatest expertise and capabilities lie is called the company's

Accepted Answer

A)  functional crossroads. 
B)  center of gravity. 
C)  dynamic equilibrium. 
D)  R&D intensity. 
E)  economy of scope. 
A)  functional crossroads. 
B)  center of gravity. 
C)  dynamic equilibrium. 
D)  R&D intensity. 
E)  economy of scope.

Question 14

Which one of the following best describes a divisional structure?

Accepted Answer

A)  Work is divided into subunits on the basis of such functions as manufacturing, marketing, finance, and human resources. 
B)  This is most appropriate for large corporations with many product lines in several related industries, with employees acting as functional specialists attempting to gain synergy among divisional activities. 
C)  This is most appropriate for small, entrepreneur-dominated companies with one or two product lines that operate in a small niche market, with employees acting as jack-of-all trades. 
D)  Employees have two or more superiors, a project manager and a functional manager. 
E)  This is most appropriate for large corporations with many product lines in several unrelated industries, with employees acting as functional specialists but with no attempt at gaining synergy among the divisions. 
A)  Work is divided into subunits on the basis of such functions as manufacturing, marketing, finance, and human resources. 
B)  This is most appropriate for large corporations with many product lines in several related industries, with employees acting as functional specialists attempting to gain synergy among divisional activities. 
C)  This is most appropriate for small, entrepreneur-dominated companies with one or two product lines that operate in a small niche market, with employees acting as jack-of-all trades. 
D)  Employees have two or more superiors, a project manager and a functional manager. 
E)  This is most appropriate for large corporations with many product lines in several unrelated industries, with employees acting as functional specialists but with no attempt at gaining synergy among the divisions.

Question 15

FedEx's application of information technology to all its operations is an example of

Accepted Answer

A)  resources. 
B)  distinctive competencies. 
C)  core competencies. 
D)  critical success factors. 
E)  key performance factors. 
A)  resources. 
B)  distinctive competencies. 
C)  core competencies. 
D)  critical success factors. 
E)  key performance factors.

Question 16

The marketing mix refers to product, place, packaging, and price.

Accepted Answer

A) True 
 B)False

Question 17

The mix in the workplace of people from different races, cultures, and backgrounds is referred to as

Accepted Answer

A)  demographics. 
B)  human diversity. 
C)  quality of work life. 
D)  globalization. 
E)  internationalization. 
A)  demographics. 
B)  human diversity. 
C)  quality of work life. 
D)  globalization. 
E)  internationalization.

Question 18

Research reveals a positive relationship between corporate reputation and financial performance.

Accepted Answer

A) True 
 B)False

Question 19

Cultural integration is the degree to which members of a unit accept the norms, values, or other culture content associated with the unit - showing the culture's depth.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following is NOT a support activity of the value chain?

Accepted Answer

A)  procurement 
B)  technology development 
C)  human resource management 
D)  marketing and sales 
E)  strategic planning 
A)  procurement 
B)  technology development 
C)  human resource management 
D)  marketing and sales 
E)  strategic planning

The corporate culture generally reflects the values of the founder(s) and the mission of the firm.

The two characteristics that determine the sustainability of a firm's distinctive competency are durability and imitability.

When examining the corporate value chain of a particular product or service, which one of the following is NOT one of the PRIMARY activities that usually occur?

According to Porter, a manufacturing firm's support activities usually begin with inbound logistics, go through an operations process in which a product is manufactured, and continue on to outbound logistics and finally to service.

The proposition that silicon chips double in complexity every 18 months is referred to as

Which of the following statements is True concerning a corporate reputation?

On the continuum of resource sustainability, where would streaming movies be placed?

Knowledge that is not easily communicated because it is deeply rooted in employee experience or in a corporation's culture is called

The rate at which a firm's underlying resources and capabilities depreciate or become obsolete is called

A corporation's ability to exploit its resources is referred to as its

Which one of the following is NOT one of the four methods to improve the corporation's quality of work life?

What is R&D intensity?

The part of an industry's value chain that is most important to a company and the point where its greatest expertise and capabilities lie is called the company's

Which one of the following best describes a divisional structure?

FedEx's application of information technology to all its operations is an example of

The marketing mix refers to product, place, packaging, and price.

The mix in the workplace of people from different races, cultures, and backgrounds is referred to as

Research reveals a positive relationship between corporate reputation and financial performance.

Cultural integration is the degree to which members of a unit accept the norms, values, or other culture content associated with the unit - showing the culture's depth.

Which of the following is NOT a support activity of the value chain?

Basic Concepts in Strategic Management

Corporate Governance

Ethics and Social Responsibility in Strategic Management

Environmental Scanning and Industry Analysis

Strategy Formulation: Situation Analysis and Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Organizing for Action

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters

Exam 5: Internal Scanning and Organizational Analysis

The corporate culture generally reflects the values of the founder(s) and the mission of the firm.

The two characteristics that determine the sustainability of a firm's distinctive competency are durability and imitability.

When examining the corporate value chain of a particular product or service, which one of the following is NOT one of the PRIMARY activities that usually occur?

According to Porter, a manufacturing firm's support activities usually begin with inbound logistics, go through an operations process in which a product is manufactured, and continue on to outbound logistics and finally to service.

The proposition that silicon chips double in complexity every 18 months is referred to as

Which of the following statements is True concerning a corporate reputation?

On the continuum of resource sustainability, where would streaming movies be placed?

Knowledge that is not easily communicated because it is deeply rooted in employee experience or in a corporation's culture is called

The rate at which a firm's underlying resources and capabilities depreciate or become obsolete is called

A corporation's ability to exploit its resources is referred to as its

Which one of the following is NOT one of the four methods to improve the corporation's quality of work life?

What is R&D intensity?

The part of an industry's value chain that is most important to a company and the point where its greatest expertise and capabilities lie is called the company's

Which one of the following best describes a divisional structure?

FedEx's application of information technology to all its operations is an example of

The marketing mix refers to product, place, packaging, and price.

The mix in the workplace of people from different races, cultures, and backgrounds is referred to as

Research reveals a positive relationship between corporate reputation and financial performance.

Cultural integration is the degree to which members of a unit accept the norms, values, or other culture content associated with the unit - showing the culture's depth.

Which of the following is NOT a support activity of the value chain?

Basic Concepts in Strategic Management

Corporate Governance

Ethics and Social Responsibility in Strategic Management

Environmental Scanning and Industry Analysis

Strategy Formulation: Situation Analysis and Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Organizing for Action

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters