Question 1

Which type of structure enables a corporation to centralize decision making along product lines and to reduce costs?

Accepted Answer

A)  geographic-area structure 
B)  product-group structure 
C)  network structure 
D)  matrix structure 
E)  functional structure 
A)  geographic-area structure 
B)  product-group structure 
C)  network structure 
D)  matrix structure 
E)  functional structure B

Question 2

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. D

Question 3

Objectives which are personal and subjective and are typified by an entrepreneurial spirit describe what stage of corporate development?

Accepted Answer

A)  Stage I company 
B)  Stage II company 
C)  Stage III company 
D)  Stage IV company 
E)  Stage V company 
A)  Stage I company 
B)  Stage II company 
C)  Stage III company 
D)  Stage IV company 
E)  Stage V company A

Question 4

The network structure becomes most useful when the environment of a firm is unstable and is expected to remain so.

Accepted Answer

A) True 
 B)False

Question 5

Asking "What would Walt do" at Disney years after his death could present blocks to needed change.

Accepted Answer

A) True 
 B)False

Question 6

According to Goold and Campbell, when companies coordinate the flow of products or services of one unit with that of another unit to reduce inventory, the synergistic effect is known as

Accepted Answer

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

Question 7

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 8

Who typically implements strategy in large, multi-industry corporations?

Accepted Answer

A)  the board of directors 
B)  top management 
C)  middle management 
D)  first level management 
E)  everyone in the organization 
A)  the board of directors 
B)  top management 
C)  middle management 
D)  first level management 
E)  everyone in the organization

Question 9

Which structure is often called a virtual organization?

Accepted Answer

A)  strategic business units 
B)  functional structure 
C)  divisional structure 
D)  network structure 
E)  matrix structure 
A)  strategic business units 
B)  functional structure 
C)  divisional structure 
D)  network structure 
E)  matrix structure

Question 10

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

Accepted Answer

A) True 
 B)False

Question 11

Microbreweries that make beer for sale for local customers, use guerilla warfare against national brewers like Anheuser-Busch.

Accepted Answer

A) True 
 B)False

Question 12

What is the matrix of change? What types of questions does it answer?

Accepted Answer

The matrix of change was proposed by Bry

Question 13

There are three distinct phases in the development of a matrix structure.Which phase occurs when both the functional and product structures become permanent in a true dual-authority structure?

Accepted Answer

A)  temporary cross-functional task forces 
B)  true dual-authority structure 
C)  product/brand management 
D)  immature matrix 
E)  mature matrix 
A)  temporary cross-functional task forces 
B)  true dual-authority structure 
C)  product/brand management 
D)  immature matrix 
E)  mature matrix

Question 14

A highly developed international company with a deep involvement throughout the world, plus a worldwide perspective in its management and decision making is called a(n)

Accepted Answer

A)  international corporation. 
B)  multidomestic corporation. 
C)  multinational corporation. 
D)  global corporation. 
E)  Stage IV corporation. 
A)  international corporation. 
B)  multidomestic corporation. 
C)  multinational corporation. 
D)  global corporation. 
E)  Stage IV corporation.

Question 15

Discuss the network structure.

Accepted Answer

The network structure is an example of w

Question 16

The corporation's life cycle can be extended by managerial and product innovation.

Accepted Answer

A) True 
 B)False

Question 17

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 18

What is the activity that occurs in the last stage of international development?

Accepted Answer

A)  The company invests in production facilities in key countries. 
B)  The company exports, but trade is minor and handled by an export department. 
C)  The company establishes its own export division with sales offices in other countries. 
D)  The company operates in a global industry and establishes worldwide HR, R&D, and financing strategies thereby denationalizing its operations. 
E)  The company establishes local operating divisions in host countries to better serve individual country markets. 
A)  The company invests in production facilities in key countries. 
B)  The company exports, but trade is minor and handled by an export department. 
C)  The company establishes its own export division with sales offices in other countries. 
D)  The company operates in a global industry and establishes worldwide HR, R&D, and financing strategies thereby denationalizing its operations. 
E)  The company establishes local operating divisions in host countries to better serve individual country markets.

Question 19

Strategy formulation and strategy implementation should be considered as two sides of the same coin.

Accepted Answer

A) True 
 B)False

Question 20

As industries move from being multidomestic to more globally integrated, multinational corporations are increasingly switching from the geographic-area to the product-group structure.

Accepted Answer

A) True 
 B)False

Which type of structure enables a corporation to centralize decision making along product lines and to reduce costs?

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

Objectives which are personal and subjective and are typified by an entrepreneurial spirit describe what stage of corporate development?

The network structure becomes most useful when the environment of a firm is unstable and is expected to remain so.

Asking "What would Walt do" at Disney years after his death could present blocks to needed change.

According to Goold and Campbell, when companies coordinate the flow of products or services of one unit with that of another unit to reduce inventory, the synergistic effect is known as

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

Who typically implements strategy in large, multi-industry corporations?

Which structure is often called a virtual organization?

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

Microbreweries that make beer for sale for local customers, use guerilla warfare against national brewers like Anheuser-Busch.

What is the matrix of change? What types of questions does it answer?

There are three distinct phases in the development of a matrix structure.Which phase occurs when both the functional and product structures become permanent in a true dual-authority structure?

A highly developed international company with a deep involvement throughout the world, plus a worldwide perspective in its management and decision making is called a(n)

Discuss the network structure.

The corporation's life cycle can be extended by managerial and product innovation.

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

What is the activity that occurs in the last stage of international development?

Strategy formulation and strategy implementation should be considered as two sides of the same coin.

As industries move from being multidomestic to more globally integrated, multinational corporations are increasingly switching from the geographic-area to the product-group structure.

Basic Concepts in Strategic Management

Corporate Governance

Ethics and Social Responsibility in Strategic Management

Environmental Scanning and Industry Analysis

Internal Scanning and Organizational Analysis

Strategy Formulation: Situation Analysis and Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters

Exam 9: Strategy Implementation: Organizing for Action

Which type of structure enables a corporation to centralize decision making along product lines and to reduce costs?

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

Objectives which are personal and subjective and are typified by an entrepreneurial spirit describe what stage of corporate development?

The network structure becomes most useful when the environment of a firm is unstable and is expected to remain so.

Asking "What would Walt do" at Disney years after his death could present blocks to needed change.

According to Goold and Campbell, when companies coordinate the flow of products or services of one unit with that of another unit to reduce inventory, the synergistic effect is known as

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

Who typically implements strategy in large, multi-industry corporations?

Which structure is often called a virtual organization?

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

Microbreweries that make beer for sale for local customers, use guerilla warfare against national brewers like Anheuser-Busch.

What is the matrix of change? What types of questions does it answer?

There are three distinct phases in the development of a matrix structure.Which phase occurs when both the functional and product structures become permanent in a true dual-authority structure?

A highly developed international company with a deep involvement throughout the world, plus a worldwide perspective in its management and decision making is called a(n)

Discuss the network structure.

The corporation's life cycle can be extended by managerial and product innovation.

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

What is the activity that occurs in the last stage of international development?

Strategy formulation and strategy implementation should be considered as two sides of the same coin.

As industries move from being multidomestic to more globally integrated, multinational corporations are increasingly switching from the geographic-area to the product-group structure.

Basic Concepts in Strategic Management

Corporate Governance

Ethics and Social Responsibility in Strategic Management

Environmental Scanning and Industry Analysis

Internal Scanning and Organizational Analysis

Strategy Formulation: Situation Analysis and Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters