Exam 8: The Manager As a Planner and a Strategist

A(n) _____ broadly defines an organization's purpose-what it is seeking to achieve from its activities-identifies what is unique or important about its products to its employees and customers, and also distinguishes or differentiates the organization in some ways from its competitors.

(Multiple Choice)

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Question 61

Which of the following will most likely be an opportunity according to an organization's SWOT analysis?

(Multiple Choice)

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Question 62

In order to cater to local tastes and culinary traditions, and often in respect of particular laws or religious beliefs, McDonald's offers customized versions of its menu to suit different countries. This is an example of _____.

(Multiple Choice)

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Question 63

Implementing is a process managers use to identify and select appropriate goals and courses of action for an organization.

(True/False)

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Question 64

List and briefly explain the different methods of international expansion. Arrange the methods according to the level of foreign involvement and investment and degree of risk starting from the least to the highest.

(Essay)

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Question 65

The second and intermediate step in an organization's planning process, which is also called strategy formulation, is to analyze the current situation and develop a strategy.

(True/False)

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Question 66

Selling the same standardized product and using the same basic marketing approach in each national market is called _____.

(Multiple Choice)

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Question 67

Selling to a foreign organization the rights to use a brand name and operating know-how in return for a lump-sum payment and a share of the profits is referred to as:

(Multiple Choice)

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Question 68

Typically ______-level goals and strategies require intermediate- and short-term plans.

(Multiple Choice)

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Question 69

The pharmaceutical industry is extremely dynamic. A company that releases a product to the general public with the intention of keeping prices high may see quick competition arising from other products made from different compounds that perform the same functions as the company's product. According to the five forces model, this type of threat is called _____.

(Multiple Choice)

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Question 70

The SUV division of a major automobile corporation decides to release a new model a month ahead of its stated release and notifies all the departments associated with the division. The departmental managers must alter their _____ to accommodate the earlier release date.

(Multiple Choice)

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Question 71

A functional-level plan states the goals that the managers of each function will pursue to help their division attain its goals, which, in turn, will allow the entire company to achieve its goals.

(Multiple Choice)

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Question 72

Planning is important for an organization since a plan can be used as a device for controlling managers within an organization.

(True/False)

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Question 73

Discuss the five steps involved in implementing an organizational strategy.

(Essay)

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Question 74

The divisional head of an organization decides to set up the division's technical support center in another country in order to lower costs. This is an example of a functional-level strategy.

(True/False)

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Question 75

Employees tend to be motivated and perform better if they are taken in by the vision of the top managers of their organizations. It therefore becomes essential for top managers to develop a strong sense of _____.

(Multiple Choice)

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Question 76

A business-level plan details the short-term divisional goals that will allow the division to meet corporate goals.

(True/False)

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Question 77

In a first of its kind, a multinational tire manufacturer introduces a new range of premium tires that can handle extreme temperatures better at a higher price. The tires are designed keeping in mind the climatic conditions in the Middle East and products are marketed only in the Middle East. The manufacturer is pursuing ____.

(Multiple Choice)

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Question 78

The level of foreign involvement and investment and degree of risk is least in wholly owned foreign subsidiaries.

(True/False)

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Question 79

Which of the following statements about simultaneously pursuing both a low-cost strategy and a differentiation strategy is true?

(Multiple Choice)

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Question 80

Showing 61 - 80 of 112

A(n) _____ broadly defines an organization's purpose-what it is seeking to achieve from its activities-identifies what is unique or important about its products to its employees and customers, and also distinguishes or differentiates the organization in some ways from its competitors.

Which of the following will most likely be an opportunity according to an organization's SWOT analysis?

In order to cater to local tastes and culinary traditions, and often in respect of particular laws or religious beliefs, McDonald's offers customized versions of its menu to suit different countries. This is an example of _____.

Implementing is a process managers use to identify and select appropriate goals and courses of action for an organization.

List and briefly explain the different methods of international expansion. Arrange the methods according to the level of foreign involvement and investment and degree of risk starting from the least to the highest.

The second and intermediate step in an organization's planning process, which is also called strategy formulation, is to analyze the current situation and develop a strategy.

Selling the same standardized product and using the same basic marketing approach in each national market is called _____.

Selling to a foreign organization the rights to use a brand name and operating know-how in return for a lump-sum payment and a share of the profits is referred to as:

Typically ______-level goals and strategies require intermediate- and short-term plans.

The SUV division of a major automobile corporation decides to release a new model a month ahead of its stated release and notifies all the departments associated with the division. The departmental managers must alter their _____ to accommodate the earlier release date.

A functional-level plan states the goals that the managers of each function will pursue to help their division attain its goals, which, in turn, will allow the entire company to achieve its goals.

Planning is important for an organization since a plan can be used as a device for controlling managers within an organization.

Discuss the five steps involved in implementing an organizational strategy.

The divisional head of an organization decides to set up the division's technical support center in another country in order to lower costs. This is an example of a functional-level strategy.

Employees tend to be motivated and perform better if they are taken in by the vision of the top managers of their organizations. It therefore becomes essential for top managers to develop a strong sense of _____.

A business-level plan details the short-term divisional goals that will allow the division to meet corporate goals.

The level of foreign involvement and investment and degree of risk is least in wholly owned foreign subsidiaries.

Which of the following statements about simultaneously pursuing both a low-cost strategy and a differentiation strategy is true?

Managers and Managing

The Evolution of Management

Values, Attitudes, Emotions, and Culture: The Manager As a Person

Ethics and Social Responsibility

Managing Diverse Employees in a Multicultural Environment

Managing in the Global Environment

Decision Making, Learning, Creativity, and Entrepreneurship

Value Chain Management: Functional Strategies for Competitive Advantage

Managing Organizational Structure and Culture

Organizational Control and Change

Human Resource Management

Motivation Performance

Leadership

Effective Groups and Teams

Promoting Effective Communication

Managing Conflict, Politics, and Negotiation

Used Advanced Information Technology to Increase Performance

Filters

Exam 8: The Manager As a Planner and a Strategist

A(n) _____ broadly defines an organization's purpose-what it is seeking to achieve from its activities-identifies what is unique or important about its products to its employees and customers, and also distinguishes or differentiates the organization in some ways from its competitors.

Which of the following will most likely be an opportunity according to an organization's SWOT analysis?

In order to cater to local tastes and culinary traditions, and often in respect of particular laws or religious beliefs, McDonald's offers customized versions of its menu to suit different countries. This is an example of _____.

Implementing is a process managers use to identify and select appropriate goals and courses of action for an organization.

List and briefly explain the different methods of international expansion. Arrange the methods according to the level of foreign involvement and investment and degree of risk starting from the least to the highest.

The second and intermediate step in an organization's planning process, which is also called strategy formulation, is to analyze the current situation and develop a strategy.

Selling the same standardized product and using the same basic marketing approach in each national market is called _____.

Selling to a foreign organization the rights to use a brand name and operating know-how in return for a lump-sum payment and a share of the profits is referred to as:

Typically ______-level goals and strategies require intermediate- and short-term plans.

The SUV division of a major automobile corporation decides to release a new model a month ahead of its stated release and notifies all the departments associated with the division. The departmental managers must alter their _____ to accommodate the earlier release date.

A functional-level plan states the goals that the managers of each function will pursue to help their division attain its ______ goals, which, in turn, will allow the entire company to achieve its ______ goals.

Planning is important for an organization since a plan can be used as a device for controlling managers within an organization.

Discuss the five steps involved in implementing an organizational strategy.

The divisional head of an organization decides to set up the division's technical support center in another country in order to lower costs. This is an example of a functional-level strategy.

Employees tend to be motivated and perform better if they are taken in by the vision of the top managers of their organizations. It therefore becomes essential for top managers to develop a strong sense of _____.

A business-level plan details the short-term divisional goals that will allow the division to meet corporate goals.

The level of foreign involvement and investment and degree of risk is least in wholly owned foreign subsidiaries.

Which of the following statements about simultaneously pursuing both a low-cost strategy and a differentiation strategy is true?

Managers and Managing

The Evolution of Management

Values, Attitudes, Emotions, and Culture: The Manager As a Person

Ethics and Social Responsibility

Managing Diverse Employees in a Multicultural Environment

Managing in the Global Environment

Decision Making, Learning, Creativity, and Entrepreneurship

Value Chain Management: Functional Strategies for Competitive Advantage

Managing Organizational Structure and Culture

Organizational Control and Change

Human Resource Management

Motivation Performance

Leadership

Effective Groups and Teams

Promoting Effective Communication

Managing Conflict, Politics, and Negotiation

Used Advanced Information Technology to Increase Performance

Filters

A functional-level plan states the goals that the managers of each function will pursue to help their division attain its goals, which, in turn, will allow the entire company to achieve its goals.