Question 1

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

Accepted Answer

A) True 
 B)False

Question 2

Describe Barney's VRIO framework.

Accepted Answer

Barney, in his VRIO framework of analysi

Question 3

Capabilities refer to a corporation's ability to exploit its resources.

Accepted Answer

A) True 
 B)False

Question 4

The ratio of total debt to total assets is known as

Accepted Answer

A) budgeting leverage. 
B) capital finance. 
C) capital budgeting. 
D) financial leverage. 
E) financial budgeting. 
A) budgeting leverage. 
B) capital finance. 
C) capital budgeting. 
D) financial leverage. 
E) financial budgeting.

Question 5

New product development would be a core competency if it goes beyond one division.

Accepted Answer

A) True 
 B)False

Question 6

Research indicates that greater financial leverage has a positive impact on performance for firms in dynamic environments.

Accepted Answer

A) True 
 B)False

Question 7

When a company determines a competency's competitive advantage, Barney refers to this issue as

Accepted Answer

A) value. 
B) rareness. 
C) imitability. 
D) organization. 
E) durability. 
A) value. 
B) rareness. 
C) imitability. 
D) organization. 
E) durability.

Question 8

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 9

The PRIMARY task of the manager of information systems is to

Accepted Answer

A) prevent unlawful usage of the information from the system. 
B) make sure the information contained in the system is up-to-date and accurate. 
C) monitor the input of information into the information system. 
D) design and manage the flow of information in a corporation to improve productivity and decision making. 
E) ensure that only those who have authorized permission have access to the information system. 
A) prevent unlawful usage of the information from the system. 
B) make sure the information contained in the system is up-to-date and accurate. 
C) monitor the input of information into the information system. 
D) design and manage the flow of information in a corporation to improve productivity and decision making. 
E) ensure that only those who have authorized permission have access to the information system.

Question 10

A linked set of value-creating activities beginning with basic materials provided by suppliers and ending with distributors getting the final product into the hands of the ultimate consumer is called a(n)

Accepted Answer

A) value chain. 
B) continuum of sustainability. 
C) strategic capability. 
D) fully integrated activity set. 
E) a strategic group. 
A) value chain. 
B) continuum of sustainability. 
C) strategic capability. 
D) fully integrated activity set. 
E) a strategic group.

Question 11

An example of a cluster in the US is found in the Silicon Valley.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following is a function of corporate culture?

Accepted Answer

A) It encourages a laissez faire set of attitudes. 
B) It encourages flexibility and thus constant change. 
C) It conveys a sense of identity for employees. 
D) It generates creative approaches to new situations. 
E) It focuses employee commitment on their own careers. 
A) It encourages a laissez faire set of attitudes. 
B) It encourages flexibility and thus constant change. 
C) It conveys a sense of identity for employees. 
D) It generates creative approaches to new situations. 
E) It focuses employee commitment on their own careers.

Question 13

Using concurrent engineering, Chrysler Corporation was able to reduce its product development cycle from 60 to 36 months.

Accepted Answer

A) True 
 B)False

Question 14

When a company uses the same marketing channel for two separate products, this is an example of an economy of scope.

Accepted Answer

A) True 
 B)False

Question 15

The marketing mix refers to the particular combination of key variables under the corporation's control that can be used to affect demand and to gain competitive advantage.

Accepted Answer

A) True 
 B)False

Question 16

When employees across the organization hold the same cultural values and norms, this demonstrates a high level of cultural integration.

Accepted Answer

A) True 
 B)False

Question 17

On the continuum of resource sustainability, where would Sony's Walkman 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 18

A company's capability in product R & D can be measured by consistent reductions in unit manufacturing costs and by the number of product defects.

Accepted Answer

A) True 
 B)False

Question 19

In Christensen's book, The Innovator's Dilemma, he explains that managers remain with certain technologies based on

Accepted Answer

A) return of investment. 
B) net present value. 
C) cost reduction. 
D) total operating expenses. 
E) time spent during technology implementation. 
A) return of investment. 
B) net present value. 
C) cost reduction. 
D) total operating expenses. 
E) time spent during technology implementation.

Question 20

As compared to a firm with low financial leverage, a firm with a high amount of financial leverage in an expanding market should have

Accepted Answer

A) lower profits. 
B) higher profits 
C) higher earnings per share. 
D) lower earnings per share. 
E) higher sales revenue. 
A) lower profits. 
B) higher profits 
C) higher earnings per share. 
D) lower earnings per share. 
E) higher sales revenue.

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

Describe Barney's VRIO framework.

Capabilities refer to a corporation's ability to exploit its resources.

The ratio of total debt to total assets is known as

New product development would be a core competency if it goes beyond one division.

Research indicates that greater financial leverage has a positive impact on performance for firms in dynamic environments.

When a company determines a competency's competitive advantage, Barney refers to this issue as

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

The PRIMARY task of the manager of information systems is to

A linked set of value-creating activities beginning with basic materials provided by suppliers and ending with distributors getting the final product into the hands of the ultimate consumer is called a(n)

An example of a cluster in the US is found in the Silicon Valley.

Which of the following is a function of corporate culture?

Using concurrent engineering, Chrysler Corporation was able to reduce its product development cycle from 60 to 36 months.

When a company uses the same marketing channel for two separate products, this is an example of an economy of scope.

The marketing mix refers to the particular combination of key variables under the corporation's control that can be used to affect demand and to gain competitive advantage.

When employees across the organization hold the same cultural values and norms, this demonstrates a high level of cultural integration.

On the continuum of resource sustainability, where would Sony's Walkman be placed?

A company's capability in product R & D can be measured by consistent reductions in unit manufacturing costs and by the number of product defects.

In Christensen's book, The Innovator's Dilemma, he explains that managers remain with certain technologies based on

As compared to a firm with low financial leverage, a firm with a high amount of financial leverage in an expanding market should have

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

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

Describe Barney's VRIO framework.

Capabilities refer to a corporation's ability to exploit its resources.

The ratio of total debt to total assets is known as

New product development would be a core competency if it goes beyond one division.

Research indicates that greater financial leverage has a positive impact on performance for firms in dynamic environments.

When a company determines a competency's competitive advantage, Barney refers to this issue as

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

The PRIMARY task of the manager of information systems is to

A linked set of value-creating activities beginning with basic materials provided by suppliers and ending with distributors getting the final product into the hands of the ultimate consumer is called a(n)

An example of a cluster in the US is found in the Silicon Valley.

Which of the following is a function of corporate culture?

Using concurrent engineering, Chrysler Corporation was able to reduce its product development cycle from 60 to 36 months.

When a company uses the same marketing channel for two separate products, this is an example of an economy of scope.

The marketing mix refers to the particular combination of key variables under the corporation's control that can be used to affect demand and to gain competitive advantage.

When employees across the organization hold the same cultural values and norms, this demonstrates a high level of cultural integration.

On the continuum of resource sustainability, where would Sony's Walkman be placed?

A company's capability in product R & D can be measured by consistent reductions in unit manufacturing costs and by the number of product defects.

In Christensen's book, The Innovator's Dilemma, he explains that managers remain with certain technologies based on

As compared to a firm with low financial leverage, a firm with a high amount of financial leverage in an expanding market should have

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