Question 1

Strategic goals for revenue growth need to be evaluated based on projected operating costs.

Accepted Answer

A) True 
 B)False

Question 2

In evaluating the strategy/demand linkage one of the concerns for analysts is: How quickly will the market develop?

Accepted Answer

A) True 
 B)False

Question 3

One of the considerations when evaluating the fit between a strategic proposal and supply is

Accepted Answer

A)  competition for raw materials 
B)  customer bargaining power 
C)  threat of new entrants 
D)  likelihood of competitive response 
A)  competition for raw materials 
B)  customer bargaining power 
C)  threat of new entrants 
D)  likelihood of competitive response

Question 4

Where the strategy/environment linkage is marginal, the proposal should be

Accepted Answer

A)  reserved for scenario planning 
B)  retained for comparison purposes 
C)  re-evaluated 
D)  subjected to rigorous cost- benefit analysis 
A)  reserved for scenario planning 
B)  retained for comparison purposes 
C)  re-evaluated 
D)  subjected to rigorous cost- benefit analysis

Question 5

Organization's that are outperforming their industry have aligned

Accepted Answer

A)  operations with efficiency 
B)  strategy with environment 
C)  managerial preferences with mission 
D)  strategy with competitors 
A)  operations with efficiency 
B)  strategy with environment 
C)  managerial preferences with mission 
D)  strategy with competitors

Question 6

The internet has reduced the bargaining power for both buyers and suppliers.

Accepted Answer

A) True 
 B)False

Question 7

New product failures can be viewed as an example of a strategy that was not well aligned with the demand conditions of the environment.

Accepted Answer

A) True 
 B)False

Question 8

The purpose of forecasting the performance of a strategic proposal is to ensure

Accepted Answer

A)  management is committed to the initiative 
B)  sustainability of the enterprise 
C)  stakeholder priorities have been addressed 
D)  consistency with the strategic goals 
A)  management is committed to the initiative 
B)  sustainability of the enterprise 
C)  stakeholder priorities have been addressed 
D)  consistency with the strategic goals

Question 9

Strategic proposals requiring significant up-front investment would benefit from

Accepted Answer

A)  a lengthy implementation period 
B)  worst case scenario planning 
C)  strong leadership 
D)  price stability in the marketplace 
A)  a lengthy implementation period 
B)  worst case scenario planning 
C)  strong leadership 
D)  price stability in the marketplace

Question 10

The time horizon for strategic proposals that require significant organizational change for success is relatively short.

Accepted Answer

A) True 
 B)False

Question 11

One of the considerations when evaluating the fit between a strategic proposal and demand is the

Accepted Answer

A)  preferences of the management team 
B)  likelihood of competitive reaction 
C)  response of the regulators 
D)  bargaining power of the buyers 
A)  preferences of the management team 
B)  likelihood of competitive reaction 
C)  response of the regulators 
D)  bargaining power of the buyers

Question 12

The firm's current performance assessment will determine the time horizon for the environment analysis.

Accepted Answer

A) True 
 B)False

Question 13

Market intruders have the potential to

Accepted Answer

A)  create barriers to exit 
B)  increase competition 
C)  reduce profitability for marginal firms 
D)  change the industry 
A)  create barriers to exit 
B)  increase competition 
C)  reduce profitability for marginal firms 
D)  change the industry

Question 14

If an organization's variable costs are relatively high then the strategic focus is on

Accepted Answer

A)  input costs 
B)  interest rates 
C)  contribution 
D)  technology 
A)  input costs 
B)  interest rates 
C)  contribution 
D)  technology

Question 15

A proposal to enter a new geographic region requires the analyst to consider short-term market conditions.

Accepted Answer

A) True 
 B)False

Question 16

Testing the strategy-environmental linkage requires a rigorous assessment of the potential costs and benefits of each proposal.

Accepted Answer

A) True 
 B)False

Question 17

The impact of shortening the product life cycle is to compress the time horizon for planning purposes.

Accepted Answer

A) True 
 B)False

Question 18

If a firm's value proposition is based on price then

Accepted Answer

A)  consumer price sensitivity is of interest 
B)  cost cutting is a priority 
C)  long term supply agreements are common 
D)  operational efficiency is a key goal 
A)  consumer price sensitivity is of interest 
B)  cost cutting is a priority 
C)  long term supply agreements are common 
D)  operational efficiency is a key goal

Question 19

A key priority in the early stages of analysis of the strategy/environment linkage is

Accepted Answer

A)  data collection 
B)  break-even analysis 
C)  goal setting 
D)  focus 
A)  data collection 
B)  break-even analysis 
C)  goal setting 
D)  focus

Question 20

Of the four strategic-environmental linkages that are used to evaluate strategic proposals, the strategy-competition linkage is the least important.

Accepted Answer

A) True 
 B)False

Strategic goals for revenue growth need to be evaluated based on projected operating costs.

In evaluating the strategy/demand linkage one of the concerns for analysts is: How quickly will the market develop?

One of the considerations when evaluating the fit between a strategic proposal and supply is

Where the strategy/environment linkage is marginal, the proposal should be

Organization's that are outperforming their industry have aligned

The internet has reduced the bargaining power for both buyers and suppliers.

New product failures can be viewed as an example of a strategy that was not well aligned with the demand conditions of the environment.

The purpose of forecasting the performance of a strategic proposal is to ensure

Strategic proposals requiring significant up-front investment would benefit from

The time horizon for strategic proposals that require significant organizational change for success is relatively short.

One of the considerations when evaluating the fit between a strategic proposal and demand is the

The firm's current performance assessment will determine the time horizon for the environment analysis.

Market intruders have the potential to

If an organization's variable costs are relatively high then the strategic focus is on

A proposal to enter a new geographic region requires the analyst to consider short-term market conditions.

Testing the strategy-environmental linkage requires a rigorous assessment of the potential costs and benefits of each proposal.

The impact of shortening the product life cycle is to compress the time horizon for planning purposes.

If a firm's value proposition is based on price then

A key priority in the early stages of analysis of the strategy/environment linkage is

Of the four strategic-environmental linkages that are used to evaluate strategic proposals, the strategy-competition linkage is the least important.

A General Management Perspective

Strategy

The Diamond-E Framework

Tools for Environment Analysis

Resource Analysis

Management Preference Analysis

Strategy and Organization

Strategic Choice

Implementing Strategy

Implementing Strategy

Filters

Exam 5: Environment Analysis

Strategic goals for revenue growth need to be evaluated based on projected operating costs.

In evaluating the strategy/demand linkage one of the concerns for analysts is: How quickly will the market develop?

One of the considerations when evaluating the fit between a strategic proposal and supply is

Where the strategy/environment linkage is marginal, the proposal should be

Organization's that are outperforming their industry have aligned

The internet has reduced the bargaining power for both buyers and suppliers.

New product failures can be viewed as an example of a strategy that was not well aligned with the demand conditions of the environment.

The purpose of forecasting the performance of a strategic proposal is to ensure

Strategic proposals requiring significant up-front investment would benefit from

The time horizon for strategic proposals that require significant organizational change for success is relatively short.

One of the considerations when evaluating the fit between a strategic proposal and demand is the

The firm's current performance assessment will determine the time horizon for the environment analysis.

Market intruders have the potential to

If an organization's variable costs are relatively high then the strategic focus is on

A proposal to enter a new geographic region requires the analyst to consider short-term market conditions.

Testing the strategy-environmental linkage requires a rigorous assessment of the potential costs and benefits of each proposal.

The impact of shortening the product life cycle is to compress the time horizon for planning purposes.

If a firm's value proposition is based on price then

A key priority in the early stages of analysis of the strategy/environment linkage is

Of the four strategic-environmental linkages that are used to evaluate strategic proposals, the strategy-competition linkage is the least important.

A General Management Perspective

Strategy

The Diamond-E Framework

Tools for Environment Analysis

Resource Analysis

Management Preference Analysis

Strategy and Organization

Strategic Choice

Implementing Strategy

Implementing Strategy

Filters