Question 1

The 'value discipline' approach to generic strategy rests on:

Accepted Answer

A)  operational excellence, customer loyalty, product leadership 
B)  operational excellence, customer intimacy, product leadership 
C)  operational excellence, customer intimacy, product ownership 
D)  focused excellence, customer relevance, proximity leadership

Question 2

'Porter's three "generic" strategies oversimplify the strategic choices available to organisations.' Comment.

Accepted Answer

The answer of 'Porter's three "generic" strategies oversimplify the strategic...

Question 3

Considering organisational performance in relation to strategy choice and implementation,Hubbard et al.and Treacy & Wiersema argue that:

Accepted Answer

A)  some organisations underperform because they implement their strategy better than others 
B)  some organisations outperform despite choosing a different strategy than others 
C)  some organisations outperform because they implement their strategy better than others 
D)  some organisations underperform despite choosing a different strategy than others

Question 4

Of the choice between new product(s)into existing market(s)and existing product(s)into new market(s),which is riskier and why?
ket.

Accepted Answer

The answer of Of the choice between new product(s)into existing...

Question 5

Which growth option may be appropriate for organisations operating in mature industries?

Accepted Answer

A)  withdrawal 
B)  consolidation 
C)  liquidation 
D)  adumbration

Question 6

The leader strategy suggested by the TQM movement combines:

Accepted Answer

A)  differentiation and high quality 
B)  differentiation and low cost 
C)  disaggregation and low quality 
D)  disaggregation and low cost

Question 7

Porter's original three generic strategies were:

Accepted Answer

A)  desegregation, focus, high quality 
B)  disaggregation, forecast, low quality 
C)  differentiation, focus, low cost 
D)  disaffection, focus, high cost

Question 8

'Not to grow' is an inappropriate organisational desire.

Accepted Answer

A) True 
 B)False

Question 9

Hart argued that there are three possible green sustainability strategies: pollution prevention,product stewardship and sustainable development.

Accepted Answer

A) True 
 B)False

Question 10

The circumstances that may justify unrelated diversification are:

Accepted Answer

A)  counter-intuitive diversification 
B)  counter-cyclical diversification 
C)  excess industry capacity in existing and related industries 
D)  opportunity to use scarce, difficult to imitate organisational capabilities

Question 11

A current competitive strength may disappear because of:

Accepted Answer

A)  future competitor responses 
B)  changes in technology 
C)  the organisation's own complacency 
D)  all of the above

Question 12

The 'ESC' in the ESC gap analysis process stands for:

Accepted Answer

A)  external strategic capability 
B)  environmentally sustainable corporation 
C)  exogenously suitably consistent 
D)  environment strategy capability

Exam 6: Gap analysis and business-level strategic options