Deck 7: Corporate Strategy and Structure

Question 1

Structural design influences the way in which…

A) knowledge and skills are developed within an organization
B) Company HQs are built
C) Resources flow
D) Choices are made

Answer 1

A

Question 2

Which of the following describes one of the ways in which systems function?

A) As operational systems
B) As resource systems
C) As command systems
D) As strategy systems

Answer 2

A

Question 3

Dynamic control systems carry which of the following characteristics?

A) Strategic flexibility
B) Human resource capabilities
C) Resource flexibility
D) Innovative initiatives

Answer 3

A

Question 4

Remind yourself of Eisenhardt and Sull's simple control rules for strategy (2001). Select the correct rule from their list of five:

A) Boundary rules
B) Limit rules
C) Functional rules
D) Hierarchical rules

Question 5

When speaking about culture, Schein (2004) argues that organizations must:

A) integrate individuals into an effective whole
B) Induct individuals
C) Indoctrinate individuals
D) Allow individual freedom

Question 6

A key form of international trade for the MNC is:

A) Foreign Direct Investment
B) Relocation
C) Greenfield sites
D) Merger

Question 7

Which four of the following are Mintzberg's ideal structural forms?

A) Simple structure
B) Machine bureaucracy
C) Professional bureaucracy
D) Divisionalized form
E) M-form
F) Structural form

Question 8

Which two of the following are advantages of the matrix structure?

A) Encourage overlapping businesses to collaborate to address relevant opportunities,
B) Integrate knowledge and learning across locations
C) It allows for multiple ownership, and hence a greater spread of risk around the companies making up the group
D) The SBUs benefit from being exposed to a wider range of knowledge and expertise through their collaboration

Question 9

The essential feature of a network structure is that the boundaries of the organization are permeable and less distinct, so that the organization becomes 'boundaryless'

Question 10

A system can be described as a micro-structure that actually makes an
organization work