Question 1

The pricing,selling,and distributing of a product is referred to as a(n) ________ strategy.

Accepted Answer

A)  functional 
B)  marketing 
C)  operations 
D)  financial 
E)  human resource management 
A)  functional 
B)  marketing 
C)  operations 
D)  financial 
E)  human resource management

Question 2

When Colgate-Palmolive and Unilever take a successful product that they marketed in one part of the world and market it elsewhere,they are following a market development strategy.

Accepted Answer

A) True 
 B)False

Question 3

The continuous improvement system was developed by Deming.

Accepted Answer

A) True 
 B)False

Question 4

Logistics strategy deals with the flow of products into and out of the manufacturing process.

Accepted Answer

A) True 
 B)False

Question 5

What is a functional strategy?

Accepted Answer

Functional strategy is the approach a fu

Question 6

Since the deregulation of the airline industry,major airlines have entered into a spirited battle for market share by cutting prices and offering special deals.This is an example of which strategy to avoid?

Accepted Answer

A)  follow the leader 
B)  hit another home run 
C)  arms race 
D)  do everything 
E)  losing hand 
A)  follow the leader 
B)  hit another home run 
C)  arms race 
D)  do everything 
E)  losing hand

Question 7

What does a financial strategy examine?

Accepted Answer

A financial strategy examines the financ

Question 8

When Dell Computer's customers use the Internet to design their own computers,this demonstrates which manufacturing strategy?

Accepted Answer

A)  continuous improvement 
B)  mass production 
C)  job shop 
D)  mass customization 
E)  just-in-time 
A)  continuous improvement 
B)  mass production 
C)  job shop 
D)  mass customization 
E)  just-in-time

Question 9

What is a corporate scenario? What are the three steps in their construction?

Accepted Answer

Corporate scenarios are pro forma balanc

Question 10

The importance of sole sourcing was supported by Deming to obtain high supplier quality.

Accepted Answer

A) True 
 B)False

Question 11

The key to outsourcing is to purchase from outside only those activities that are not key to the company's distinctive competencies.

Accepted Answer

A) True 
 B)False

Question 12

Outsourcing is the reverse of vertical integration.

Accepted Answer

A) True 
 B)False

The pricing,selling,and distributing of a product is referred to as a(n) ________ strategy.

When Colgate-Palmolive and Unilever take a successful product that they marketed in one part of the world and market it elsewhere,they are following a market development strategy.

The continuous improvement system was developed by Deming.

Logistics strategy deals with the flow of products into and out of the manufacturing process.

What is a functional strategy?

Since the deregulation of the airline industry,major airlines have entered into a spirited battle for market share by cutting prices and offering special deals.This is an example of which strategy to avoid?

What does a financial strategy examine?

When Dell Computer's customers use the Internet to design their own computers,this demonstrates which manufacturing strategy?

What is a corporate scenario? What are the three steps in their construction?

The importance of sole sourcing was supported by Deming to obtain high supplier quality.

The key to outsourcing is to purchase from outside only those activities that are not key to the company's distinctive competencies.

Outsourcing is the reverse of vertical integration.

Basic Concepts in Strategic Management

Corporate Governance

Social Responsibility and Ethics in Strategic Management

Environmental Scanning and Industry Analysis

Organizational Analysis and Competitive Advantage

Strategy Formulation: Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Implementation: Global Strategy

Strategy Implementation: Organizing and Structure

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters

Exam 8: Strategy Formulation: Functional Strategy and Strategic Choice

The pricing,selling,and distributing of a product is referred to as a(n) ________ strategy.

When Colgate-Palmolive and Unilever take a successful product that they marketed in one part of the world and market it elsewhere,they are following a market development strategy.

The continuous improvement system was developed by Deming.

Logistics strategy deals with the flow of products into and out of the manufacturing process.

What is a functional strategy?

Since the deregulation of the airline industry,major airlines have entered into a spirited battle for market share by cutting prices and offering special deals.This is an example of which strategy to avoid?

What does a financial strategy examine?

When Dell Computer's customers use the Internet to design their own computers,this demonstrates which manufacturing strategy?

What is a corporate scenario? What are the three steps in their construction?

The importance of sole sourcing was supported by Deming to obtain high supplier quality.

The key to outsourcing is to purchase from outside only those activities that are not key to the company's distinctive competencies.

Outsourcing is the reverse of vertical integration.

Basic Concepts in Strategic Management

Corporate Governance

Social Responsibility and Ethics in Strategic Management

Environmental Scanning and Industry Analysis

Organizational Analysis and Competitive Advantage

Strategy Formulation: Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Implementation: Global Strategy

Strategy Implementation: Organizing and Structure

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters