Exam 2: The External and Internal Environments
Exam 1: Managing and Performing137 Questions
Exam 2: The External and Internal Environments144 Questions
Exam 3: Managerial Decision Making144 Questions
Exam 4: Planning and Strategic Management142 Questions
Exam 5: Ethics, Corporate Responsibility, and Sustainability130 Questions
Exam 6: International Management142 Questions
Exam 7: Entrepreneurship123 Questions
Exam 8: Organization Structure143 Questions
Exam 9: Organizational Agility127 Questions
Exam 10: Human Resources Management154 Questions
Exam 11: Managing the Diverse Workforce129 Questions
Exam 12: Leadership162 Questions
Exam 13: Motivating for Performance143 Questions
Exam 14: Teamwork140 Questions
Exam 15: Communicating140 Questions
Exam 16: Managerial Control146 Questions
Exam 17: Managing Technology and Innovation121 Questions
Exam 18: Creating and Leading Change111 Questions
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Southwest Airlines demonstrates the independent action strategy known as competitive pacification by cutting fares when it enters a new market.
(True/False)
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Needing to learn a new software program as a result of changing suppliers is an example of a switching cost.
(True/False)
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To improve customer service in its overseas call center, Jansen Electronics decided to investigate the call center practices of competing companies. The team discovered that a smaller company, Gorilla Devices Inc., seemed to have outstanding customer service. The team then determined differences between the organizations and developed a plan to incorporate the best elements of Gorilla into Jansen. This illustrates effective
(Multiple Choice)
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Management of the network of facilities and people that obtains materials from the outside, transforms them into products, and distributes the products to customers is called
(Multiple Choice)
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Margarita and her team are using __________ when they learn from Good Cans about its canning process.
(Multiple Choice)
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U.S. government policies both impose strategic constraints and provide opportunities for organizations.
(True/False)
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The analysis of the competitive environment that you have conducted utilized the work of
(Multiple Choice)
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Porter's model for competitive analysis is one example of analyzing the competitive environment for adapting to and even influencing the nature of competition.
(True/False)
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The percentage of women participating in the U.S. workforce has increased sharply since 1999.
(True/False)
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The first question in understanding competitive environments from Porter's model is "How strong is the competition?"
(True/False)
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To respond to their environment, managers and companies have a number of options, which can be grouped into three categories. Describe each category.
(Essay)
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Of the following, which produces the highest barrier to entry?
(Multiple Choice)
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Strategies that an organization acting on its own uses to change some aspect of its current environment are called
(Multiple Choice)
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Stories told by employees almost never have any connection to the true culture of the organization.
(True/False)
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When new employees are told of the organization's great accomplishments and history, it is an example of a(n)
(Multiple Choice)
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Benchmarking means comparing your processes to the best-in-class performance by a company in a given area.
(True/False)
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The existence of savvy customers in an industry is an indication of
(Multiple Choice)
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