Exam 7: Strategy Formulation and Implementation

Double Click, Inc. has a number of strategic business units. Their hand-held computer unit has a large market share in this rapidly growing industry. Their hand-held computer business would be classified as

Which of these questions is central to a functional-level strategy?

With the leveling force of the Internet and information technology, it has become easier for many companies to find ways to distinguish themselves from their competitors.

Scenario - Theresa Teutul Theresa Teutul was an executive with Digital Industries, a leading manufacturer of color televisions. She recognized that the color television market in the late 1970's was facing significant challenges. After two decades of highly successful development and marketing, the sales of color televisions had slowed and replacing older color television sets largely created her market. -Which one of the following is not one of the competitive forces that Porter recommends that Theresa should recognize?

Structural design pertains to managers' responsibilities, their degree of authority, and the consolidation of facilities, departments, and divisions.

The three levels of strategy are business, corporate, and global.

Which of Porter's five forces is influenced by all of the other four?

Research has shown that strategic thinking and planning positively affect a firm's performance and financial success.

A(n) ____________________ strategy seeks to achieve both global integration and national responsiveness.

Fred has been assigned to conduct a SWOT analysis for his organization, Flintstones, Inc. As part of this assignment, Fred will

Techniques used to monitor external environments include

The ability to influence people to adopt the new behaviors needed for strategy implementation is called ____________________.

Mingles, Inc. concentrates its efforts on its target market of 18 to 25 year olds. It is using a(n) ____ strategy.

When Philip-Morris, the tobacco giant, bought Kraft, Inc., it was pursuing a

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

The question How do we support the business-level competitive strategy? concerns ____________________ strategy.

Organization's with a focus strategy concentrate on a specific regional market or buyer group.

The ____________________ is driving and supporting the move toward partnership thinking.

The use of managerial and organizational tools to direct resources toward accomplishing strategic results is known as ____________________.

A transnational strategy seeks to achieve both global integration and national responsiveness.