Exam 8: The Manager As a Planner and a Strategist

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

A group of managers analyze both the internal strengths and weaknesses of their organization as well as the opportunities and threats of the external environment.What type of analysis is this?

(Multiple Choice)
4.8/5
(36)

Allowing a foreign organization to take charge of manufacturing and distributing a product in its country or world region in return for a negotiated fee is referred to as

(Multiple Choice)
4.9/5
(49)

Suzanne is pursuing a focused differentiation strategy for a start-up business.How will technology (IT) affect the small company's competitiveness against larger and more powerful companies?

(Essay)
4.8/5
(32)

Policies, rules, and standard operating procedures (SOPs) are all types of _____ plans.

(Multiple Choice)
4.8/5
(39)

In the five forces model, the _____ that companies compete against one another for customers, the _____ the level of profits is likely to be for that industry.

(Multiple Choice)
4.8/5
(38)

Explain the purpose of Michael Porter's five forces model.List the five factors that Porter identifies as major threats.

(Essay)
4.8/5
(29)

List and describe 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)
4.9/5
(39)

Describe the three-step activity most organizations use in the planning process.

(Essay)
4.9/5
(40)

What is a SWOT analysis? List the possible strengths, weaknesses, opportunities, and threats a SWOT analysis of your educational institution might reveal.

(Essay)
4.8/5
(35)

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)
4.8/5
(31)

A(n) _____ strategy indicates how a division intends to compete against its rivals in an industry.

(Multiple Choice)
4.8/5
(42)

________ is the duration over which a plan is intended to be applied or endured.

(Multiple Choice)
4.9/5
(33)

Describe the four qualities of an effective plan as emphasized by Henri Fayol.

(Essay)
4.9/5
(35)

Discuss the necessity and the importance of the planning process.

(Essay)
4.7/5
(41)

The first step in planning for an organization is

(Multiple Choice)
4.8/5
(36)

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)
4.7/5
(35)

Which method of international expansion causes the least amount of risk?

(Multiple Choice)
4.9/5
(30)

As a part of its yearly planning activities, PDQ Financial Services generates a list of possible future scenarios and creates a plan to respond to each of these forecasts.PDQ Financial Services is practicing

(Multiple Choice)
4.8/5
(37)

A strategy is the set of decisions that managers make to assist the organization in attaining its goals.

(True/False)
4.9/5
(34)

A(n) _________ strategy is selling the same standardized product and using the same basic marketing approach in each national market.

(Multiple Choice)
4.8/5
(41)
Showing 41 - 60 of 100
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)