Exam 8: Strategy Formulation and Implementation

Wiley Woodchips Pty Ltd is particularly concerned about pending legislation tabled in State Parliament that would further regulate their organisation.This legislation would be classified as a(n):

(Multiple Choice)

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Question 21

Compare and contrast the three levels of strategy in an organisation.

(Essay)

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Question 22

Information about opportunities and threats comes from:

(Multiple Choice)

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Question 23

Any internal characteristic of an organisation that inhibits restricts its performance is categorised as a(n):

(Multiple Choice)

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Question 24

A portfolio strategy is used to formulate business-level strategy,and relates to the mix of business units and product lines that fit together in a logical way to provide synergy and competitive advantage for the organisation.

(True/False)

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Question 25

Under the assumptions of the BCG Matrix,a 'star' has a:

(Multiple Choice)

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Question 26

The SWOT analysis framework assesses the strengths,weaknesses,opportunities and threats that affect organisational performance.

(True/False)

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Question 27

The set of decisions and actions used to formulate and implement goals that will provide competitively superior fit between the organisation and its environment is known as strategic management.

(True/False)

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Question 28

The question,'How do we compete?' concerns functional-level strategy.

(True/False)

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Question 29

List Porter's three competitive strategies.

(Short Answer)

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Question 30

A business activity that an organisation does particularly well relative to its competition is known as a(n)______________________(two words).

(Short Answer)

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Question 31

The stage of strategic management that involves the use of managerial and organisational tools to direct resources towards achieving strategic outcomes is known as:

(Multiple Choice)

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Question 32

When an organisation has resources and capabilities that provide it with a distinctive edge for meeting customer or client needs in the marketplace,they are said to have a competitive advantage.

(True/False)

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Question 33

The _ ________ strategy involves seeking efficient facilities,cutting costs and using tight cost controls to be more efficient than competitors.

(Multiple Choice)

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Question 34

The question,'How do we compete?' concerns _____________________________ (two words)strategy.

(Short Answer)

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Question 35

Cadbury PLC is the brand leader in the block chocolate market,yet has relatively low levels of growth in sales year-on-year.This product belongs in the stars category of the BCG Matrix.

(True/False)

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Question 36

Rupert Murdoch's News Corporation,founded in Australia and now a global communications and media company,is attempting to develop __________ between publishing and the movie business.

(Multiple Choice)

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Question 37

Recent research by McKinsey has suggested that strategy can be evaluated using ten tests.Identify each of the ten tests,and apply them to the Kodak Corporation's strategy prior to their 'Chapter 11' bankruptcy in 2012.

(Essay)

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Question 38

The stage of strategic management that involves the use of managerial and organisational tools to direct resources towards achieving strategic outcomes is known as strategy formulation.

(True/False)

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Question 39

Tassie Terminal Technology has a number of strategic business units.Their hand-held computer unit has a large market share in this rapidly growing industry.According to the BCG matrix,the hand-held computer business would be classified as:

(Multiple Choice)

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Question 40

Showing 21 - 40 of 139

Exam 8: Strategy Formulation and Implementation

Wiley Woodchips Pty Ltd is particularly concerned about pending legislation tabled in State Parliament that would further regulate their organisation.This legislation would be classified as a(n):

Compare and contrast the three levels of strategy in an organisation.

Information about opportunities and threats comes from:

Any internal characteristic of an organisation that inhibits restricts its performance is categorised as a(n):

A portfolio strategy is used to formulate business-level strategy,and relates to the mix of business units and product lines that fit together in a logical way to provide synergy and competitive advantage for the organisation.

Under the assumptions of the BCG Matrix,a 'star' has a:

The SWOT analysis framework assesses the strengths,weaknesses,opportunities and threats that affect organisational performance.

The set of decisions and actions used to formulate and implement goals that will provide competitively superior fit between the organisation and its environment is known as strategic management.

The question,'How do we compete?' concerns functional-level strategy.

List Porter's three competitive strategies.

A business activity that an organisation does particularly well relative to its competition is known as a(n)______________________(two words).

The stage of strategic management that involves the use of managerial and organisational tools to direct resources towards achieving strategic outcomes is known as:

When an organisation has resources and capabilities that provide it with a distinctive edge for meeting customer or client needs in the marketplace,they are said to have a competitive advantage.

The _______ ______________ strategy involves seeking efficient facilities,cutting costs and using tight cost controls to be more efficient than competitors.

The question,'How do we compete?' concerns _____________________________ (two words)strategy.

Cadbury PLC is the brand leader in the block chocolate market,yet has relatively low levels of growth in sales year-on-year.This product belongs in the stars category of the BCG Matrix.

Rupert Murdoch's News Corporation,founded in Australia and now a global communications and media company,is attempting to develop __________ between publishing and the movie business.

Recent research by McKinsey has suggested that strategy can be evaluated using ten tests.Identify each of the ten tests,and apply them to the Kodak Corporation's strategy prior to their 'Chapter 11' bankruptcy in 2012.

The stage of strategic management that involves the use of managerial and organisational tools to direct resources towards achieving strategic outcomes is known as strategy formulation.

Tassie Terminal Technology has a number of strategic business units.Their hand-held computer unit has a large market share in this rapidly growing industry.According to the BCG matrix,the hand-held computer business would be classified as:

The Changing World of Management

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing in a Global Environment

Ethics,Social Responsibility and Sustainable Development

Managing Start-Ups and New Ventures

Organisational Planning and Goal Setting

Managerial Decision Making

Designing Organisation Structure

Managing Change and Innovation

Managing Human Resourcess

Managing Diversity

Individual Behaviour in Organisations

Leadership

Motivating Employees

Communication in Organisations

Leading Teams

Managerial and Quality Control

Managing the Value Chain, Information Technology and E-Business

Making Effective Management Happen

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The _ ________ strategy involves seeking efficient facilities,cutting costs and using tight cost controls to be more efficient than competitors.