Question 1

Corporate culture does not necessarily have to support the strategy of the firm.

Accepted Answer

A) True 
 B)False

Question 2

Research indicates that companies undertaking cost-cutting programs

Accepted Answer

A)  are four times more likely than others to cut costs again. 
B)  seldom reduce staff further. 
C)  seldom undertake a strategic re-orientation. 
D)  overwhelmingly improve financial performance in the long run. 
E)  change strategy immediately. 
A)  are four times more likely than others to cut costs again. 
B)  seldom reduce staff further. 
C)  seldom undertake a strategic re-orientation. 
D)  overwhelmingly improve financial performance in the long run. 
E)  change strategy immediately.

Question 3

Which one of the following is not one of the four general methods of managing two different cultures?

Accepted Answer

A)  separation 
B)  deculturation 
C)  integration 
D)  assimilation 
E)  segmentation 
A)  separation 
B)  deculturation 
C)  integration 
D)  assimilation 
E)  segmentation

Question 4

TQM is committed to

Accepted Answer

A)  quality/excellence. 
B)  improved communication. 
C)  culture compatibility. 
D)  mass customization. 
E)  modular manufacturing. 
A)  quality/excellence. 
B)  improved communication. 
C)  culture compatibility. 
D)  mass customization. 
E)  modular manufacturing.

Question 5

A dynamic industry expert is someone with an analytical mind who is highly knowledgeable in other industries and can manage diverse product lines.

Accepted Answer

A) True 
 B)False

Question 6

Research indicates that companies undertaking cost-cutting programs are four times more likely than others to cut costs again,typically by reducing staff.

Accepted Answer

A) True 
 B)False

Question 7

What did a study of 173 firms over a 25-year period reveal about CEOs of successful corporations,especially when the past CEO's strategy continued to be successful?

Accepted Answer

A)  They tended to have less loyalty than former CEOs, switching companies at a faster pace. 
B)  They tended to have the same functional specialization as the former CEO. 
C)  They tended to be more aggressive in their risk-taking than former CEOs. 
D)  They tended to rely more on skills developed through group decision-making. 
E)  They tended to be turnaround specialists. 
A)  They tended to have less loyalty than former CEOs, switching companies at a faster pace. 
B)  They tended to have the same functional specialization as the former CEO. 
C)  They tended to be more aggressive in their risk-taking than former CEOs. 
D)  They tended to rely more on skills developed through group decision-making. 
E)  They tended to be turnaround specialists.

Question 8

Which type of chief executive officer who is highly knowledgeable in other industries and can manage diverse product lines would be appropriate for a corporation following a diversification strategy?

Accepted Answer

A)  professional liquidator 
B)  dynamic industry expert 
C)  turnaround specialist 
D)  analytical portfolio manager 
E)  cautious profit planner 
A)  professional liquidator 
B)  dynamic industry expert 
C)  turnaround specialist 
D)  analytical portfolio manager 
E)  cautious profit planner

Question 9

Which method of managing disparate cultures is the most common and most destructive method of dealing with two different cultures because one company imposes its demands at the expense of another company's culture?

Accepted Answer

A)  separation 
B)  deculturation 
C)  integration 
D)  assimilation 
E)  segmentation 
A)  separation 
B)  deculturation 
C)  integration 
D)  assimilation 
E)  segmentation

Question 10

What does "MBO" stand for?

Accepted Answer

A)  Market Buy-Out 
B)  Mergers, Buy-outs, and Options 
C)  Multi-national Business Organization 
D)  Manufacturing Backlog Order 
E)  Management By Objectives 
A)  Market Buy-Out 
B)  Mergers, Buy-outs, and Options 
C)  Multi-national Business Organization 
D)  Manufacturing Backlog Order 
E)  Management By Objectives

Question 11

It is possible that a current CEO may not be appropriate to implement the firm's new strategy.

Accepted Answer

A) True 
 B)False

Question 12

What are the four general methods of managing two different cultures?

Accepted Answer

There are four general methods of managi

Question 13

Which of the following statements is not true concerning the career life cycle for top executives?

Accepted Answer

A)  During the early years of executives' tenures, they tend to experiment extensively with product lines to learn about their business. 
B)  It is possible that a current CEO may not be appropriate to implement a new strategy. 
C)  The harvest stage occurs when executives' accumulated knowledge allows them to reduce experimentation and increase performance. 
D)  There is an inverted U-shaped relationship between top executive tenure and the firm's financial performance. 
E)  The length of time spent in each stage is relatively stable for all CEOs. 
A)  During the early years of executives' tenures, they tend to experiment extensively with product lines to learn about their business. 
B)  It is possible that a current CEO may not be appropriate to implement a new strategy. 
C)  The harvest stage occurs when executives' accumulated knowledge allows them to reduce experimentation and increase performance. 
D)  There is an inverted U-shaped relationship between top executive tenure and the firm's financial performance. 
E)  The length of time spent in each stage is relatively stable for all CEOs.

Question 14

In TQM,giving employees wide latitude in how they go about achieving the company's goals is referred to as

Accepted Answer

A)  empowerment. 
B)  continuous improvement. 
C)  integration. 
D)  assimilation. 
E)  delegation. 
A)  empowerment. 
B)  continuous improvement. 
C)  integration. 
D)  assimilation. 
E)  delegation.

Question 15

Successful defender firms tend to be headed by CEOs with backgrounds in the areas of

Accepted Answer

A)  research/engineering and general management. 
B)  accounting/finance, manufacturing/production, and general management. 
C)  marketing/sales. 
D)  human resources and strategy. 
E)  purchasing and logistics. 
A)  research/engineering and general management. 
B)  accounting/finance, manufacturing/production, and general management. 
C)  marketing/sales. 
D)  human resources and strategy. 
E)  purchasing and logistics.

Question 16

One component of an effective action plan is the determination of the expected financial and physical consequences of each action.

Accepted Answer

A) True 
 B)False

Question 17

Corporate culture should support the strategy of the firm.

Accepted Answer

A) True 
 B)False

Question 18

To improve organizational learning,many multi-national corporations are providing their managers with international assignments as long as five years.

Accepted Answer

A) True 
 B)False

Question 19

What is an executive type? What is its significance to strategy?

Accepted Answer

Executives with a particular mix of skil

Question 20

The hiring of new people with new skills,firing of people with inappropriate or substandard skills,and/or training existing employees to learn new skills are included in the process of

Accepted Answer

A)  training. 
B)  staffing. 
C)  structuring. 
D)  operating. 
E)  financing. 
A)  training. 
B)  staffing. 
C)  structuring. 
D)  operating. 
E)  financing.

Corporate culture does not necessarily have to support the strategy of the firm.

Research indicates that companies undertaking cost-cutting programs

Which one of the following is not one of the four general methods of managing two different cultures?

TQM is committed to

A dynamic industry expert is someone with an analytical mind who is highly knowledgeable in other industries and can manage diverse product lines.

Research indicates that companies undertaking cost-cutting programs are four times more likely than others to cut costs again,typically by reducing staff.

What did a study of 173 firms over a 25-year period reveal about CEOs of successful corporations,especially when the past CEO's strategy continued to be successful?

Which type of chief executive officer who is highly knowledgeable in other industries and can manage diverse product lines would be appropriate for a corporation following a diversification strategy?

Which method of managing disparate cultures is the most common and most destructive method of dealing with two different cultures because one company imposes its demands at the expense of another company's culture?

What does "MBO" stand for?

It is possible that a current CEO may not be appropriate to implement the firm's new strategy.

What are the four general methods of managing two different cultures?

Which of the following statements is not true concerning the career life cycle for top executives?

In TQM,giving employees wide latitude in how they go about achieving the company's goals is referred to as

Successful defender firms tend to be headed by CEOs with backgrounds in the areas of

One component of an effective action plan is the determination of the expected financial and physical consequences of each action.

Corporate culture should support the strategy of the firm.

To improve organizational learning,many multi-national corporations are providing their managers with international assignments as long as five years.

What is an executive type? What is its significance to strategy?

The hiring of new people with new skills,firing of people with inappropriate or substandard skills,and/or training existing employees to learn new skills are included in the process of

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 Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Global Strategy

Strategy Implementation: Organizing and Structure

Evaluation and Control

Suggestions for Case Analysis

Filters

Exam 11: Strategy Implementation: Staffing and Directing

Corporate culture does not necessarily have to support the strategy of the firm.

Research indicates that companies undertaking cost-cutting programs

Which one of the following is not one of the four general methods of managing two different cultures?

TQM is committed to

A dynamic industry expert is someone with an analytical mind who is highly knowledgeable in other industries and can manage diverse product lines.

Research indicates that companies undertaking cost-cutting programs are four times more likely than others to cut costs again,typically by reducing staff.

What did a study of 173 firms over a 25-year period reveal about CEOs of successful corporations,especially when the past CEO's strategy continued to be successful?

Which type of chief executive officer who is highly knowledgeable in other industries and can manage diverse product lines would be appropriate for a corporation following a diversification strategy?

Which method of managing disparate cultures is the most common and most destructive method of dealing with two different cultures because one company imposes its demands at the expense of another company's culture?

What does "MBO" stand for?

It is possible that a current CEO may not be appropriate to implement the firm's new strategy.

What are the four general methods of managing two different cultures?

Which of the following statements is not true concerning the career life cycle for top executives?

In TQM,giving employees wide latitude in how they go about achieving the company's goals is referred to as

Successful defender firms tend to be headed by CEOs with backgrounds in the areas of

One component of an effective action plan is the determination of the expected financial and physical consequences of each action.

Corporate culture should support the strategy of the firm.

To improve organizational learning,many multi-national corporations are providing their managers with international assignments as long as five years.

What is an executive type? What is its significance to strategy?

The hiring of new people with new skills,firing of people with inappropriate or substandard skills,and/or training existing employees to learn new skills are included in the process of

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 Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Global Strategy

Strategy Implementation: Organizing and Structure

Evaluation and Control

Suggestions for Case Analysis

Filters