Question 1

Firms in the same industry seldom organize themselves in similar ways.

Accepted Answer

A) True 
 B)False

Question 2

What is reengineering? What are the principles for reengineering proposed by Michael Hammer?

Accepted Answer

Reengineering is the radical redesign of

Question 3

What is strategy implementation? What questions must strategy makers consider to begin the implementation process?

Accepted Answer

Strategy implementation is the sum total

Question 4

An external block preventing a corporation from moving from one stage to another is

Accepted Answer

A)  unfavorable economic conditions. 
B)  strategic myopia. 
C)  organizational inflexibility. 
D)  lack of ability. 
E)  lack of resources. 
A)  unfavorable economic conditions. 
B)  strategic myopia. 
C)  organizational inflexibility. 
D)  lack of ability. 
E)  lack of resources.

Question 5

The geographic-area structure allows the company to introduce and manage a similar line of products around the world.

Accepted Answer

A) True 
 B)False

Question 6

When using a network structure,many corporate activities are outsourced.

Accepted Answer

A) True 
 B)False

Question 7

Stage IV of a corporation could involve a pressure-cooker crisis.

Accepted Answer

A) True 
 B)False

Question 8

Which defensive tactic did P&G use when they test marketed their liquid bleach product in an attempt to scare Clorox into retreating from their detergent market?

Accepted Answer

A)  lower the inducement for attack 
B)  bypass attack 
C)  increase expected retaliation 
D)  flanking maneuver 
E)  raise structural barriers 
A)  lower the inducement for attack 
B)  bypass attack 
C)  increase expected retaliation 
D)  flanking maneuver 
E)  raise structural barriers

Question 9

The purpose of a program or tactic is to make the strategy action-oriented.

Accepted Answer

A) True 
 B)False

Question 10

What is the last real check a firm has on the feasibility of its selected strategy?

Accepted Answer

A)  budget planning 
B)  standard operating procedure development 
C)  exit strategy development 
D)  program development and execution 
E)  tactic developments 
A)  budget planning 
B)  standard operating procedure development 
C)  exit strategy development 
D)  program development and execution 
E)  tactic developments

Question 11

Which of the following is not true of a Stage I corporation?

Accepted Answer

A)  It is typified by the entrepreneur. 
B)  The entrepreneur tends to make all the important decisions personally. 
C)  The Stage I corporation has little formal structure. 
D)  Planning tends to be long range and progressive. 
E)  The greatest strength of a Stage I corporation is its flexibility and dynamism. 
A)  It is typified by the entrepreneur. 
B)  The entrepreneur tends to make all the important decisions personally. 
C)  The Stage I corporation has little formal structure. 
D)  Planning tends to be long range and progressive. 
E)  The greatest strength of a Stage I corporation is its flexibility and dynamism.

Question 12

It is advisable to have management from all levels participate in the strategy formulation process

Accepted Answer

A)  because it is a legal requirement. 
B)  because collective bargaining agreements often mandate worker participation. 
C)  to gain an insight as to what work needs to be done and to gain cooperation in the implementation of the strategy. 
D)  because it is part of their job responsibilities to provide input regarding their respective area of expertise. 
E)  because it helps boost the self-image and ego of all managers to be asked for advice. 
A)  because it is a legal requirement. 
B)  because collective bargaining agreements often mandate worker participation. 
C)  to gain an insight as to what work needs to be done and to gain cooperation in the implementation of the strategy. 
D)  because it is part of their job responsibilities to provide input regarding their respective area of expertise. 
E)  because it helps boost the self-image and ego of all managers to be asked for advice.

Question 13

Which market location tactic is being used when a company goes head to head with its competitor matching in every category from price to promotion to distribution channel?

Accepted Answer

A)  flanking maneuver 
B)  bypass attack 
C)  encirclement 
D)  guerrilla warfare 
E)  frontal assault 
A)  flanking maneuver 
B)  bypass attack 
C)  encirclement 
D)  guerrilla warfare 
E)  frontal assault

Question 14

During Stage V of the organizational life cycle,the popular strategy is

Accepted Answer

A)  concentration in a niche. 
B)  horizontal and vertical growth. 
C)  liquidation or bankruptcy. 
D)  concentric and conglomerate diversification. 
E)  profit strategy followed by retrenchment. 
A)  concentration in a niche. 
B)  horizontal and vertical growth. 
C)  liquidation or bankruptcy. 
D)  concentric and conglomerate diversification. 
E)  profit strategy followed by retrenchment.

Question 15

In Stage III of a corporation,when various units of the company optimize their sales and profits without regard to the overall corporation,the organization may be experiencing a crisis of

Accepted Answer

A)  leadership. 
B)  control. 
C)  autonomy. 
D)  decentralization. 
E)  empowerment. 
A)  leadership. 
B)  control. 
C)  autonomy. 
D)  decentralization. 
E)  empowerment.

Question 16

When Yamaha entered the market with a broader range of pianos,keyboards,and other musical instruments,it was using which offensive tactic?

Accepted Answer

A)  flanking maneuver 
B)  frontal assault 
C)  encirclement 
D)  bypass attack 
E)  guerilla attack 
A)  flanking maneuver 
B)  frontal assault 
C)  encirclement 
D)  bypass attack 
E)  guerilla attack

Question 17

The greatest strengths of a Stage I corporation are its flexibility and dynamism.

Accepted Answer

A) True 
 B)False

Question 18

In a Stage I company,if the entrepreneur falters,the company usually flounders.This is labeled by Greiner as a crisis of

Accepted Answer

A)  autonomy. 
B)  confidence. 
C)  clarity. 
D)  differentiation. 
E)  leadership. 
A)  autonomy. 
B)  confidence. 
C)  clarity. 
D)  differentiation. 
E)  leadership.

Question 19

When the return on investment for each division of a corporation is greater than what the return would be if each division were an independent business,that corporation is said to have achieved

Accepted Answer

A)  synergy. 
B)  a leveraged buyout. 
C)  its hurdle rate. 
D)  the status of a true conglomerate. 
E)  Stage III. 
A)  synergy. 
B)  a leveraged buyout. 
C)  its hurdle rate. 
D)  the status of a true conglomerate. 
E)  Stage III.

Question 20

According to Goold and Campbell,which of the following is not one of the forms that synergy can take?

Accepted Answer

A)  shared know-how 
B)  coordinated strategies 
C)  value chain creation 
D)  pooled negotiating power 
E)  economies of scale or scope 
A)  shared know-how 
B)  coordinated strategies 
C)  value chain creation 
D)  pooled negotiating power 
E)  economies of scale or scope

Firms in the same industry seldom organize themselves in similar ways.

What is reengineering? What are the principles for reengineering proposed by Michael Hammer?

What is strategy implementation? What questions must strategy makers consider to begin the implementation process?

An external block preventing a corporation from moving from one stage to another is

The geographic-area structure allows the company to introduce and manage a similar line of products around the world.

When using a network structure,many corporate activities are outsourced.

Stage IV of a corporation could involve a pressure-cooker crisis.

Which defensive tactic did P&G use when they test marketed their liquid bleach product in an attempt to scare Clorox into retreating from their detergent market?

The purpose of a program or tactic is to make the strategy action-oriented.

What is the last real check a firm has on the feasibility of its selected strategy?

Which of the following is not true of a Stage I corporation?

It is advisable to have management from all levels participate in the strategy formulation process

Which market location tactic is being used when a company goes head to head with its competitor matching in every category from price to promotion to distribution channel?

During Stage V of the organizational life cycle,the popular strategy is

In Stage III of a corporation,when various units of the company optimize their sales and profits without regard to the overall corporation,the organization may be experiencing a crisis of

When Yamaha entered the market with a broader range of pianos,keyboards,and other musical instruments,it was using which offensive tactic?

The greatest strengths of a Stage I corporation are its flexibility and dynamism.

In a Stage I company,if the entrepreneur falters,the company usually flounders.This is labeled by Greiner as a crisis of

When the return on investment for each division of a corporation is greater than what the return would be if each division were an independent business,that corporation is said to have achieved

According to Goold and Campbell,which of the following is not one of the forms that synergy can take?

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: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters

Exam 10: Strategy Implementation: Organizing and Structure

Firms in the same industry seldom organize themselves in similar ways.

What is reengineering? What are the principles for reengineering proposed by Michael Hammer?

What is strategy implementation? What questions must strategy makers consider to begin the implementation process?

An external block preventing a corporation from moving from one stage to another is

The geographic-area structure allows the company to introduce and manage a similar line of products around the world.

When using a network structure,many corporate activities are outsourced.

Stage IV of a corporation could involve a pressure-cooker crisis.

Which defensive tactic did P&G use when they test marketed their liquid bleach product in an attempt to scare Clorox into retreating from their detergent market?

The purpose of a program or tactic is to make the strategy action-oriented.

What is the last real check a firm has on the feasibility of its selected strategy?

Which of the following is not true of a Stage I corporation?

It is advisable to have management from all levels participate in the strategy formulation process

Which market location tactic is being used when a company goes head to head with its competitor matching in every category from price to promotion to distribution channel?

During Stage V of the organizational life cycle,the popular strategy is

In Stage III of a corporation,when various units of the company optimize their sales and profits without regard to the overall corporation,the organization may be experiencing a crisis of

When Yamaha entered the market with a broader range of pianos,keyboards,and other musical instruments,it was using which offensive tactic?

The greatest strengths of a Stage I corporation are its flexibility and dynamism.

In a Stage I company,if the entrepreneur falters,the company usually flounders.This is labeled by Greiner as a crisis of

When the return on investment for each division of a corporation is greater than what the return would be if each division were an independent business,that corporation is said to have achieved

According to Goold and Campbell,which of the following is not one of the forms that synergy can take?

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: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters