Question 1

What type of strategies would you recommend when a firm's SPACE Matrix directional vector has the coordinates (-2, +3)?

Accepted Answer

A)  Aggressive 
B)  Conservative 
C)  Competitive 
D)  Defensive 
E)  Integrative 
A)  Aggressive 
B)  Conservative 
C)  Competitive 
D)  Defensive 
E)  Integrative

Question 2

Which of the following is not a step of a SWOT Matrix?

Accepted Answer

A)  List the firm's key external threats. 
B)  Match strengths with external opportunities and record the resultant SO strategies in the appropriate cell. 
C)  Match internal weaknesses with external threats and record the resultant WT strategies. 
D)  List the firm's external weaknesses. 
E)  List the firm's external opportunities 
A)  List the firm's key external threats. 
B)  Match strengths with external opportunities and record the resultant SO strategies in the appropriate cell. 
C)  Match internal weaknesses with external threats and record the resultant WT strategies. 
D)  List the firm's external weaknesses. 
E)  List the firm's external opportunities

Question 3

The Grand Strategy Matrix is based on two evaluative dimensions, market share and market growth.

Accepted Answer

A) True 
 B)False

Question 4

106. Give five coordinates of a SPACE Matrix directional vector that would suggest conservative strategies to be most appropriate.

Accepted Answer

The SPACE Matrix (Strategic Position and

Question 5

Which analytical tool determines the relative attractiveness of various strategies based on the extent to which key external and internal critical success factors are capitalized?

Accepted Answer

A)  BCG Matrix 
B)  SPACE Matrix 
C)  TOWS Matrix 
D)  IE Matrix 
E)  QSPM 
A)  BCG Matrix 
B)  SPACE Matrix 
C)  TOWS Matrix 
D)  IE Matrix 
E)  QSPM

Question 6

A sustainability report provides information on firm's social-responsibility practices.

Accepted Answer

A) True 
 B)False

Question 7

Culture includes the set of shared values, beliefs, attitudes, customs, norms, personalities, heroes and heroines that describe a firm.

Accepted Answer

A) True 
 B)False

Question 8

For companies located in Quadrant III of the Grand Strategy Matrix, the first strategy recommended is

Accepted Answer

A)  extensive cost and asset reduction. 
B)  asset expansion. 
C)  employee expansion. 
D)  immediate liquidation of assets. 
E)  divestiture 
A)  extensive cost and asset reduction. 
B)  asset expansion. 
C)  employee expansion. 
D)  immediate liquidation of assets. 
E)  divestiture

Question 9

All of the following are principles of good organizational governance, as established by Business Week, except:

Accepted Answer

A)  No directors do business with the company or accept consulting or legal fees from the firm. 
B)  The audit, compensation and nominating committees are made up solely of outside directors. 
C)  Each director owns a large equity stake in the company, excluding stock options. 
D)  At least two directors are current or former company executives. 
E)  The CEO is not also the Chairperson of the Board 
A)  No directors do business with the company or accept consulting or legal fees from the firm. 
B)  The audit, compensation and nominating committees are made up solely of outside directors. 
C)  Each director owns a large equity stake in the company, excluding stock options. 
D)  At least two directors are current or former company executives. 
E)  The CEO is not also the Chairperson of the Board

Question 10

Strategy changes may be highly effective and productive if a supportive culture does not exist.

Accepted Answer

A) True 
 B)False

Question 11

Strategy analysis and choice largely involves making __________ decisions based on __________ information.

Accepted Answer

A)  long-term; short-term 
B)  subjective; objective 
C)  short-term; long-term 
D)  subjective; short-term 
E)  objective; subjective 
A)  long-term; short-term 
B)  subjective; objective 
C)  short-term; long-term 
D)  subjective; short-term 
E)  objective; subjective

What type of strategies would you recommend when a firm's SPACE Matrix directional vector has the coordinates (-2, +3)?

Which of the following is not a step of a SWOT Matrix?

The Grand Strategy Matrix is based on two evaluative dimensions, market share and market growth.

106. Give five coordinates of a SPACE Matrix directional vector that would suggest conservative strategies to be most appropriate.

Which analytical tool determines the relative attractiveness of various strategies based on the extent to which key external and internal critical success factors are capitalized?

A sustainability report provides information on firm's social-responsibility practices.

Culture includes the set of shared values, beliefs, attitudes, customs, norms, personalities, heroes and heroines that describe a firm.

For companies located in Quadrant III of the Grand Strategy Matrix, the first strategy recommended is

All of the following are principles of good organizational governance, as established by Business Week, except:

Strategy changes may be highly effective and productive if a supportive culture does not exist.

Strategy analysis and choice largely involves making decisions based on information.

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

What type of strategies would you recommend when a firm's SPACE Matrix directional vector has the coordinates (-2, +3)?

Which of the following is not a step of a SWOT Matrix?

The Grand Strategy Matrix is based on two evaluative dimensions, market share and market growth.

106. Give five coordinates of a SPACE Matrix directional vector that would suggest conservative strategies to be most appropriate.

Which analytical tool determines the relative attractiveness of various strategies based on the extent to which key external and internal critical success factors are capitalized?

A sustainability report provides information on firm's social-responsibility practices.

Culture includes the set of shared values, beliefs, attitudes, customs, norms, personalities, heroes and heroines that describe a firm.

For companies located in Quadrant III of the Grand Strategy Matrix, the first strategy recommended is

All of the following are principles of good organizational governance, as established by Business Week, except:

Strategy changes may be highly effective and productive if a supportive culture does not exist.

Strategy analysis and choice largely involves making __________ decisions based on __________ information.

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

Strategy analysis and choice largely involves making decisions based on information.