Question 1

A(n)__________ has a unique business mission,product line,competitors and markets relative to other SBUs in the organisation.

Accepted Answer

A)  cash cow 
B)  BCG matrix 
C)  internal strength 
D)  external opportunity 
E)  strategic business unit 
A)  cash cow 
B)  BCG matrix 
C)  internal strength 
D)  external opportunity 
E)  strategic business unit

Question 2

A(n)_______________ company is present in many countries,but it encourages marketing,advertising and product design to be modified and adapted to the specific needs of each country.

Accepted Answer

The answer of A(n)_______________ company is present in many countries,but...

Question 3

The plan of action that prescribes resource allocation and other activities for dealing with the environment and helping the organisation attain its goals is known as a:

Accepted Answer

A)  goal 
B)  objective 
C)  mission 
D)  strategy 
E)  vision. 
A)  goal 
B)  objective 
C)  mission 
D)  strategy 
E)  vision.

Question 4

List the variables by which the BCG Matrix is constructed

Accepted Answer

Market sha

Question 5

The question,'How do we support the business-level competitive strategy?' concerns ______________________________________ (two words)strategy.

Accepted Answer

Falseuncti

Question 6

The condition that exists in an organisation where its parts interact to produce an effect that is greater than the sum of the parts acting alone is known as:

Accepted Answer

A)  resource stability 
B)  synergy 
C)  internal growth 
D)  internal strengths 
E)  None of these choices. 
A)  resource stability 
B)  synergy 
C)  internal growth 
D)  internal strengths 
E)  None of these choices.

Question 7

A(n)_______________________________________ (two words)refers to the modification of product design and advertising strategies to suit the specific needs of individual countries.

Accepted Answer

multidomes

Question 8

____________________ (two words)is the set of decisions and actions used to formulate and implement strategies that will provide a competitively superior fit between the organisation and its environment so as to achieve organisational goals.

Accepted Answer

Strategic

Question 9

Each of the following is one of the forces affecting industry competition,except:

Accepted Answer

A)  threat of new entrants 
B)  the power of buyers 
C)  diversification 
D)  threat of substitute products 
E)  the power of suppliers. 
A)  threat of new entrants 
B)  the power of buyers 
C)  diversification 
D)  threat of substitute products 
E)  the power of suppliers.

Question 10

List the four components of a SWOT analysis.

Accepted Answer

Strengths;

Question 11

The stage of strategic management that involves the planning and decision making which then lead to the establishment of organisational goals is known as strategy implementation.

Accepted Answer

A) True 
 B)False

Question 12

According to the BCG matrix,a _________________ has a large market share in a rapidly growing industry.

Accepted Answer

The answer of According to the BCG matrix,a _________________ has...

Question 13

____________ are becoming increasingly popular as organisations in all industries join with other organisations to promote innovation,expand markets and pursue joint goals.

Accepted Answer

A)  Joint ventures 
B)  Differentiation strategies 
C)  Cost leadership strategies 
D)  Cooperative strategies 
E)  All of these choices. 
A)  Joint ventures 
B)  Differentiation strategies 
C)  Cost leadership strategies 
D)  Cooperative strategies 
E)  All of these choices.

Question 14

Which of the following is not one of Porter's competitive forces?

Accepted Answer

A)  Differentiation 
B)  Bargaining power of buyers 
C)  Bargaining power of suppliers 
D)  Threat of substitute products 
E)  Potential new entrants 
A)  Differentiation 
B)  Bargaining power of buyers 
C)  Bargaining power of suppliers 
D)  Threat of substitute products 
E)  Potential new entrants

Question 15

Strategy implementation is the administration and execution of the strategic plan.

Accepted Answer

A) True 
 B)False

Question 16

Target customers have a defined set of needs and wants that the company has a strategy to serve more effectively than as competition.

Accepted Answer

A) True 
 B)False

Question 17

List the five potential cooperative strategies available to the strategic manager.

Accepted Answer

Preferred suppliers;

Question 18

The marketing people at Bazza's Beer found that tastes of beer consumers in Thailand differed from those in Australia,causing the company to slightly modify its product exported to that company.Bazza's Beer is pursuing a(n)__________ strategy.

Accepted Answer

A)  globalisation 
B)  internal-growth 
C)  functional-level 
D)  multidomestic 
E)  domestic 
A)  globalisation 
B)  internal-growth 
C)  functional-level 
D)  multidomestic 
E)  domestic

Question 19

List Porter's competitive forces.

Accepted Answer

Porter's competitive forces ar

A(n)__________ has a unique business mission,product line,competitors and markets relative to other SBUs in the organisation.

A(n)_______________ company is present in many countries,but it encourages marketing,advertising and product design to be modified and adapted to the specific needs of each country.

The plan of action that prescribes resource allocation and other activities for dealing with the environment and helping the organisation attain its goals is known as a:

List the variables by which the BCG Matrix is constructed

The question,'How do we support the business-level competitive strategy?' concerns ______________________________________ (two words)strategy.

The condition that exists in an organisation where its parts interact to produce an effect that is greater than the sum of the parts acting alone is known as:

A(n)_______________________________________ (two words)refers to the modification of product design and advertising strategies to suit the specific needs of individual countries.

____________________ (two words)is the set of decisions and actions used to formulate and implement strategies that will provide a competitively superior fit between the organisation and its environment so as to achieve organisational goals.

Each of the following is one of the forces affecting industry competition,except:

List the four components of a SWOT analysis.

The stage of strategic management that involves the planning and decision making which then lead to the establishment of organisational goals is known as strategy implementation.

According to the BCG matrix,a _________________ has a large market share in a rapidly growing industry.

____________ are becoming increasingly popular as organisations in all industries join with other organisations to promote innovation,expand markets and pursue joint goals.

Which of the following is not one of Porter's competitive forces?

Strategy implementation is the administration and execution of the strategic plan.

Target customers have a defined set of needs and wants that the company has a strategy to serve more effectively than as competition.

List the five potential cooperative strategies available to the strategic manager.

The marketing people at Bazza's Beer found that tastes of beer consumers in Thailand differed from those in Australia,causing the company to slightly modify its product exported to that company.Bazza's Beer is pursuing a(n)__________ strategy.

List Porter's competitive forces.

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

Filters

Exam 8: Strategy Formulation and Implementation

A(n)__________ has a unique business mission,product line,competitors and markets relative to other SBUs in the organisation.

A(n)_______________ company is present in many countries,but it encourages marketing,advertising and product design to be modified and adapted to the specific needs of each country.

The plan of action that prescribes resource allocation and other activities for dealing with the environment and helping the organisation attain its goals is known as a:

List the variables by which the BCG Matrix is constructed

The question,'How do we support the business-level competitive strategy?' concerns ______________________________________ (two words)strategy.

The condition that exists in an organisation where its parts interact to produce an effect that is greater than the sum of the parts acting alone is known as:

A(n)_______________________________________ (two words)refers to the modification of product design and advertising strategies to suit the specific needs of individual countries.

____________________ (two words)is the set of decisions and actions used to formulate and implement strategies that will provide a competitively superior fit between the organisation and its environment so as to achieve organisational goals.

Each of the following is one of the forces affecting industry competition,except:

List the four components of a SWOT analysis.

The stage of strategic management that involves the planning and decision making which then lead to the establishment of organisational goals is known as strategy implementation.

According to the BCG matrix,a _________________ has a large market share in a rapidly growing industry.

____________ are becoming increasingly popular as organisations in all industries join with other organisations to promote innovation,expand markets and pursue joint goals.

Which of the following is not one of Porter's competitive forces?

Strategy implementation is the administration and execution of the strategic plan.

Target customers have a defined set of needs and wants that the company has a strategy to serve more effectively than as competition.

List the five potential cooperative strategies available to the strategic manager.

The marketing people at Bazza's Beer found that tastes of beer consumers in Thailand differed from those in Australia,causing the company to slightly modify its product exported to that company.Bazza's Beer is pursuing a(n)__________ strategy.

List Porter's competitive forces.

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

Filters