Question 1

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

Accepted Answer

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

Question 2

Which of the following best describes a simple 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 3

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

Accepted Answer

A) True 
 B)False

Question 4

In order to move more quickly through a product's development stage, companies like Motorola and Chrysler are using

Accepted Answer

A) concurrent engineering. 
B) cross-functional work teams. 
C) advisory committees. 
D) task forces. 
E) continuous engineering. 
A) concurrent engineering. 
B) cross-functional work teams. 
C) advisory committees. 
D) task forces. 
E) continuous engineering.

Question 5

eBay and Amazon.com have successfully used the efficiency model by acting as an intermediary to connect multiple sellers to multiple buyers.

Accepted Answer

A) True 
 B)False

Question 6

An automobile assembly line is an example of which approach to manufacturing?

Accepted Answer

A) continuous system 
B) debt capacity 
C) sequential processing 
D) job shop 
E) intermittent system 
A) continuous system 
B) debt capacity 
C) sequential processing 
D) job shop 
E) intermittent system

Question 7

When scientists concentrate on quality control and the development of design specifications, this is referred to as

Accepted Answer

A) basic R&D. 
B) product R&D. 
C) engineering R&D. 
D) life cycle R&D. 
E) R&D mix. 
A) basic R&D. 
B) product R&D. 
C) engineering R&D. 
D) life cycle R&D. 
E) R&D mix.

Question 8

What are the two distinct attributes of corporate culture?

Accepted Answer

A) differentiation and integration 
B) durability and imitability 
C) concern for people and concern for task 
D) intensity and integration 
E) amount of complexity and tolerance of change 
A) differentiation and integration 
B) durability and imitability 
C) concern for people and concern for task 
D) intensity and integration 
E) amount of complexity and tolerance of change

Question 9

A value chain is a linked set of value-creating activities.

Accepted Answer

A) True 
 B)False

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

Human resource departments have found that to reduce employee dissatisfaction and unionization efforts, they must

Accepted Answer

A) significantly increase their wage rates. 
B) shorten the work week to allow for more leisure time. 
C) offer a wider variety of benefits and attractive enticements. 
D) guarantee their workers life time jobs. 
E) consider the quality of work life in the design of jobs. 
A) significantly increase their wage rates. 
B) shorten the work week to allow for more leisure time. 
C) offer a wider variety of benefits and attractive enticements. 
D) guarantee their workers life time jobs. 
E) consider the quality of work life in the design of jobs.

Question 12

When a company's core competencies are superior to those of competitors, these are known as

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 13

The particular combination of product, place, promotion, and price is called

Accepted Answer

A) marketing position. 
B) product life cycle. 
C) market segmentation. 
D) marketing mix. 
E) marketing leverage. 
A) marketing position. 
B) product life cycle. 
C) market segmentation. 
D) marketing mix. 
E) marketing leverage.

Question 14

Flexible manufacturing emphasizes

Accepted Answer

A) high-volume output of mass produced products. 
B) the cost advantages of an intermittent system with the customer-oriented advantages of a continuous system. 
C) the learning curve is longer since technology is automated. 
D) economies of scope over economies of scale. 
E) economies of scale over economies of scope. 
A) high-volume output of mass produced products. 
B) the cost advantages of an intermittent system with the customer-oriented advantages of a continuous system. 
C) the learning curve is longer since technology is automated. 
D) economies of scope over economies of scale. 
E) economies of scale over economies of scope.

Question 15

Tacit knowledge is knowledge that can be easily communicated or articulated and as result can be easily imitated.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following describes a typical functional structure?

Accepted Answer

A) Employees tend to be specialists in the business functions important to that industry such 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 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 specialists but with no attempt at gaining synergy among the divisions. 
A) Employees tend to be specialists in the business functions important to that industry such 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 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 specialists but with no attempt at gaining synergy among the divisions.

Question 17

Which one of the following best describes a conglomerate 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; unrelatedness prevents any 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; unrelatedness prevents any attempt at gaining synergy among the divisions.

Question 18

The impact of a specific change in sales volume on net operating income is referred to as the

Accepted Answer

A) continuous system. 
B) chronological processing. 
C) operating leverage. 
D) debt capacity. 
E) intermittent system. 
A) continuous system. 
B) chronological processing. 
C) operating leverage. 
D) debt capacity. 
E) intermittent system.

Question 19

Which one of the following is NOT descriptive of the experience curve?

Accepted Answer

A) It is very useful because it is consistent within the industry for all involved organizations over time. 
B) It is used to estimate the production cost of a product produced by newly introduced techniques or processes. 
C) It is used to estimate the production costs of a product never before made with the present techniques and process. 
D) The concept was first applied in the airframe industry. 
E) It shows that production costs decline by some fixed percentage as production in units doubles. 
A) It is very useful because it is consistent within the industry for all involved organizations over time. 
B) It is used to estimate the production cost of a product produced by newly introduced techniques or processes. 
C) It is used to estimate the production costs of a product never before made with the present techniques and process. 
D) The concept was first applied in the airframe industry. 
E) It shows that production costs decline by some fixed percentage as production in units doubles.

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

Which of the following best describes a simple structure?

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

In order to move more quickly through a product's development stage, companies like Motorola and Chrysler are using

eBay and Amazon.com have successfully used the efficiency model by acting as an intermediary to connect multiple sellers to multiple buyers.

An automobile assembly line is an example of which approach to manufacturing?

When scientists concentrate on quality control and the development of design specifications, this is referred to as

What are the two distinct attributes of corporate culture?

A value chain is a linked set of value-creating activities.

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

Human resource departments have found that to reduce employee dissatisfaction and unionization efforts, they must

When a company's core competencies are superior to those of competitors, these are known as

The particular combination of product, place, promotion, and price is called

Flexible manufacturing emphasizes

Tacit knowledge is knowledge that can be easily communicated or articulated and as result can be easily imitated.

Which of the following describes a typical functional structure?

Which one of the following best describes a conglomerate structure?

The impact of a specific change in sales volume on net operating income is referred to as the

Which one of the following is NOT descriptive of the experience curve?

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

Which of the following best describes a simple structure?

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

In order to move more quickly through a product's development stage, companies like Motorola and Chrysler are using

eBay and Amazon.com have successfully used the efficiency model by acting as an intermediary to connect multiple sellers to multiple buyers.

An automobile assembly line is an example of which approach to manufacturing?

When scientists concentrate on quality control and the development of design specifications, this is referred to as

What are the two distinct attributes of corporate culture?

A value chain is a linked set of value-creating activities.

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

Human resource departments have found that to reduce employee dissatisfaction and unionization efforts, they must

When a company's core competencies are superior to those of competitors, these are known as

The particular combination of product, place, promotion, and price is called

Flexible manufacturing emphasizes

Tacit knowledge is knowledge that can be easily communicated or articulated and as result can be easily imitated.

Which of the following describes a typical functional structure?

Which one of the following best describes a conglomerate structure?

The impact of a specific change in sales volume on net operating income is referred to as the

Which one of the following is NOT descriptive of the experience curve?

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