Question 1

A positive feature of QSPM is that sets of strategies can be examined sequentially or simultaneously.

Accepted Answer

A) True 
 B)False

Question 2

The act of oversight and direction for an organization is referred to as

Accepted Answer

A)  corporate lawmaking. 
B)  centralized control. 
C)  organizational direction. 
D)  establishing norms. 
E)  governance 
A)  corporate lawmaking. 
B)  centralized control. 
C)  organizational direction. 
D)  establishing norms. 
E)  governance

Question 3

For what type of company is the BCG Matrix ideal for analyzing?

Accepted Answer

A)  Companies with more than one division 
B)  All companies 
C)  Companies with annual sales greater than $1 million 
D)  Companies with annual sales of less than $1 million 
E)  Large companies 
A)  Companies with more than one division 
B)  All companies 
C)  Companies with annual sales greater than $1 million 
D)  Companies with annual sales of less than $1 million 
E)  Large companies

Question 4

When a division of an organization has a high relative market share and is in a fast-growing industry, it is called a

Accepted Answer

A)  star 
B)  cash cow 
C)  cat 
D)  question mark 
E)  dog 
A)  star 
B)  cash cow 
C)  cat 
D)  question mark 
E)  dog

Question 5

According to the Grand Strategy Matrix, when a Quadrant I firm is too heavily committed to a single product, then concentric diversification may reduce the risks associated with a narrow product line.

Accepted Answer

A) True 
 B)False

Question 6

Although Quadrant _____ companies are growing, according to the Grand Strategy Matrix, they are unable to compete effectively, and they need to determine why the firm's current approach is ineffective and how the company can best change to improve its competitiveness.

Accepted Answer

A)  I 
B)  II 
C)  III 
D)  IV 
E)  V 
A)  I 
B)  II 
C)  III 
D)  IV 
E)  V

Question 7

Discuss the appropriate role of a board of directors in an organization.

Accepted Answer

Some principles are: No more than two di

Question 8

How many cells are in a SWOT Matrix?

Accepted Answer

A)  two 
B)  four 
C)  six 
D)  eight 
E)  nine 
A)  two 
B)  four 
C)  six 
D)  eight 
E)  nine

Question 9

Which strategy formulation technique reveals the relative attractiveness of alternative strategies and thus provides an objective basis for selecting specific strategies.

Accepted Answer

A)  SWOT 
B)  SPACE 
C)  QSPM 
D)  IFE 
E)  CPM 
A)  SWOT 
B)  SPACE 
C)  QSPM 
D)  IFE 
E)  CPM

Question 10

The midpoint on the x-axis of a BCG Matrix is typically set at 0.05.

Accepted Answer

A) True 
 B)False

Question 11

According to the Grand Strategy Matrix, organizations in which .quadrant have a strong competitive position but are in a slow-growth industry,

Accepted Answer

A)  I 
B)  II 
C)  III 
D)  IV 
E)  V 
A)  I 
B)  II 
C)  III 
D)  IV 
E)  V

Question 12

Each of the nine techniques included in the strategy formulation framework rely on the use of

Accepted Answer

A)  strictly factual data. 
B)  luck. 
C)  financial formulas and statistics. 
D)  intuition and analysis. 
E)  synergy 
A)  strictly factual data. 
B)  luck. 
C)  financial formulas and statistics. 
D)  intuition and analysis. 
E)  synergy

Question 13

Whenever two firms merge, it becomes especially important to evaluate and consider culture-strategies linkages.

Accepted Answer

A) True 
 B)False

Question 14

Which of these is a limitation of QSPM?

Accepted Answer

A)  Only a few strategies can be evaluated simultaneously. 
B)  The cost of doing the analysis 
C)  Intuitive judgments and educated guesses are required. 
D)  Sets of strategies must be examined in reverse order. 
E)  It requires equal participation from everyone 
A)  Only a few strategies can be evaluated simultaneously. 
B)  The cost of doing the analysis 
C)  Intuitive judgments and educated guesses are required. 
D)  Sets of strategies must be examined in reverse order. 
E)  It requires equal participation from everyone

Question 15

Now averaging 18 members the trend in America is toward larger boards of directors.

Accepted Answer

A) True 
 B)False

Question 16

Total attractiveness scores are defined as the sum of the attractiveness scores in a given column of the QSPM and are computed in the second step of the QSPM.

Accepted Answer

A) True 
 B)False

Question 17

Describe the positive features and limitations of QSPM.

Accepted Answer

There are three positive featu

Question 18

Viewing businesses as star, cash cow, dog or question mark is an oversimplification.

Accepted Answer

A) True 
 B)False

Question 19

A division with a high relative market share position in a low-growth industry can be described as a

Accepted Answer

A)  star 
B)  cash cow 
C)  question mark 
D)  dog 
E)  failure 
A)  star 
B)  cash cow 
C)  question mark 
D)  dog 
E)  failure

Question 20

How would a division with a low relative market share position in a high growth industry be described?

Accepted Answer

A)  question mark 
B)  cash cow 
C)  star 
D)  stuck-in-the-middle 
E)  dog 
A)  question mark 
B)  cash cow 
C)  star 
D)  stuck-in-the-middle 
E)  dog

A positive feature of QSPM is that sets of strategies can be examined sequentially or simultaneously.

The act of oversight and direction for an organization is referred to as

For what type of company is the BCG Matrix ideal for analyzing?

When a division of an organization has a high relative market share and is in a fast-growing industry, it is called a

According to the Grand Strategy Matrix, when a Quadrant I firm is too heavily committed to a single product, then concentric diversification may reduce the risks associated with a narrow product line.

Although Quadrant _____ companies are growing, according to the Grand Strategy Matrix, they are unable to compete effectively, and they need to determine why the firm's current approach is ineffective and how the company can best change to improve its competitiveness.

Discuss the appropriate role of a board of directors in an organization.

How many cells are in a SWOT Matrix?

Which strategy formulation technique reveals the relative attractiveness of alternative strategies and thus provides an objective basis for selecting specific strategies.

The midpoint on the x-axis of a BCG Matrix is typically set at 0.05.

According to the Grand Strategy Matrix, organizations in which .quadrant have a strong competitive position but are in a slow-growth industry,

Each of the nine techniques included in the strategy formulation framework rely on the use of

Whenever two firms merge, it becomes especially important to evaluate and consider culture-strategies linkages.

Which of these is a limitation of QSPM?

Now averaging 18 members the trend in America is toward larger boards of directors.

Total attractiveness scores are defined as the sum of the attractiveness scores in a given column of the QSPM and are computed in the second step of the QSPM.

Describe the positive features and limitations of QSPM.

Viewing businesses as star, cash cow, dog or question mark is an oversimplification.

A division with a high relative market share position in a low-growth industry can be described as a

How would a division with a low relative market share position in a high growth industry be described?

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Strategies in Action

Implementing Strategies: Management and Operations Issues

Implementing Strategies: Marketing, Financeaccounting, RD, and Mis Issues

Strategy Review, Evaluation, and Control

Filters

Exam 6: Strategy Analysis and Choice

A positive feature of QSPM is that sets of strategies can be examined sequentially or simultaneously.

The act of oversight and direction for an organization is referred to as

For what type of company is the BCG Matrix ideal for analyzing?

When a division of an organization has a high relative market share and is in a fast-growing industry, it is called a

According to the Grand Strategy Matrix, when a Quadrant I firm is too heavily committed to a single product, then concentric diversification may reduce the risks associated with a narrow product line.

Although Quadrant _____ companies are growing, according to the Grand Strategy Matrix, they are unable to compete effectively, and they need to determine why the firm's current approach is ineffective and how the company can best change to improve its competitiveness.

Discuss the appropriate role of a board of directors in an organization.

How many cells are in a SWOT Matrix?

Which strategy formulation technique reveals the relative attractiveness of alternative strategies and thus provides an objective basis for selecting specific strategies.

The midpoint on the x-axis of a BCG Matrix is typically set at 0.05.

According to the Grand Strategy Matrix, organizations in which .quadrant have a strong competitive position but are in a slow-growth industry,

Each of the nine techniques included in the strategy formulation framework rely on the use of

Whenever two firms merge, it becomes especially important to evaluate and consider culture-strategies linkages.

Which of these is a limitation of QSPM?

Now averaging 18 members the trend in America is toward larger boards of directors.

Total attractiveness scores are defined as the sum of the attractiveness scores in a given column of the QSPM and are computed in the second step of the QSPM.

Describe the positive features and limitations of QSPM.

Viewing businesses as star, cash cow, dog or question mark is an oversimplification.

A division with a high relative market share position in a low-growth industry can be described as a

How would a division with a low relative market share position in a high growth industry be described?

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Strategies in Action

Implementing Strategies: Management and Operations Issues

Implementing Strategies: Marketing, Financeaccounting, RD, and Mis Issues

Strategy Review, Evaluation, and Control

Filters