Bài kiểm tra trắc nghiệm Elearning môn Quản trị chiến lược
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Môn: Quản trị chiến lược (MAG313)
Trường: Đại học ngân hàng Thành phố Hồ Chí Minh
Thông tin:
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lOMoARcPSD| 36782889 Liên lạc See all
Quản trị chiến lược (MAG313_231_9_TA_L24) 1. Nhà của tôi
2. Các khoá học của tôi 3. 2023-2024 4. Học kỳ I
5. Khoa Quản trị kinh doanh
6. Quản trị chiến lược (MAG313_231_9_TA_L24) 7. General lOMoARcPSD| 36782889 8. Bài tập trắc nghi m ệ
Bắt đầu vào lúc Thứ Ba, 10 Tháng Mười 2023 , 1:15 SA State Finished
Kết thúc lúc Thứ Ba, 10 Tháng Mười 2023 , 2:54 SA
Thời gian thực hiện 1 gi ờ 39 phút
Điểm 82 ,00/9 00 0,
Điểm 9 11 , out of 10,00 ( 91 %) Câu hỏi 1 Đúng
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A formal program of gathering information on a company's competitors is referred to as? Select one: a. Competitive intelligence. b. Competitive strategy. c. Quantitative forecasting. d. Statistical modeling. Phản hồi
The correct answer is: Competitive intelligence. lOMoARcPSD| 36782889 Câu hỏi 2 Đúng
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In the EFAS Table, the indicator of how well a particular company is responding to current and
expected factors in its external environment is characterized by the? Select one: a. Total weighted score. b. ndustry matrix. I c. WOT score S d. FAS score. I Phản hồi
The correct answer is: Total weighted score. Câu hỏi 3 Đúng
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According to Porter's model, a low force can enable the company to earn greater profits and can be regarded as a(n)? Select one: lOMoARcPSD| 36782889 a. Threat. b. Opportunity. c. Advantage. d. Risk. Phản hồi
The correct answer is: Opportunity. Câu hỏi 4 Đúng
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A creative, distinctive strategy that delivers a sustainable competitive advantage is important because? Select one:
a. Without a competitive advantage a company cannot have a profitable business model
b. A strategy that yields a competitive advantage over rivals is a company's most reliable means of
achieving above-average profitability and financial performance
c. A competitive advantage is what enables a company to achieve its strategic objectives
d. Without a proven strategy a company is likely to fall into bankruptcy Phản hồi
The correct answer is: A strategy that yields a competitive advantage over rivals is a company's
most reliable means of achieving above-average profitability and financial performance lOMoARcPSD| 36782889 Câu hỏi 5 Đúng
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Strategic planning within a small organization? Select one:
a. Should be done by the president only.
b. Must be elaborate to allow for future growth.
c. hould always be formalized and explicitly stated. S
d. May be informal and irregular. Phản hồi
The correct answer is: May be informal and irregular. Câu hỏi 6 Đúng
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An example of the promotion variable of the marketing mix is? Select one: a. ocation. L lOMoARcPSD| 36782889 b. Discounts. c. ervices. S d. Advertising. Phản hồi
The correct answer is: Advertising. Câu hỏi 7 Đúng
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A company with significant assets and activities in multiple countries is known as a? Select one: a. Duplicate corporation.
b. Multi-national corporation. c. Repatriated corporation. d. Transferable corporation. Phản hồi
The correct answer is: Multi-national corporation. lOMoARcPSD| 36782889 Câu hỏi 8 Đúng
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Which of the following is a function of corporate culture? Select one:
a. t conveys a sense of identity for employees. I
b. t encourages flexibility and thus constant change. I
c. t generates creative approaches to new situations. I
d. t encourages a laissez faire set of attitudes. I Phản hồi
The correct answer is: It conveys a sense of identity for employees. Câu hỏi 9 Đúng
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The monitoring, evaluating, and disseminating of information from the external and internal
environments to key people within the corporation is referred to as? Select one: lOMoARcPSD| 36782889 a. External scanning. b. nternal scanning. I c. nvironmental scanning. E d. Strategy formulation. Phản hồi
The correct answer is: Environmental scanning. Câu hỏi 10 Đúng
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The corporate mission is best described by which one of the following? Select one:
a. A statement of corporate objectives
b. The purpose or reason for the corporation's existence
c. A description of the activities carried out by the organization
d. A description of top management's responsibilities Phản hồi
The correct answer is: The purpose or reason for the corporation's existence lOMoARcPSD| 36782889 Câu hỏi 11 Đúng
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Which of the following is not descriptive of a high level of bargaining powers of buyers? Select one:
a. The purchased product represents a high percentage of buyer's costs.
b. The buyer buys a large proportion of the seller's product or service.
c. A buyer earns high profits and is very insensitive to costs and service differences.
d. Alternative suppliers are plentiful because of standardization of the product. Phản hồi
The correct answer is: A buyer earns high profits and is very insensitive to costs and service differences. Câu hỏi 12 Đúng
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A corporation's ability to exploit its resources is referred to as its? Select one: a. Core competencies. lOMoARcPSD| 36782889 b. Business expertise. c. Capabilities. d. Critical success factors. Phản hồi
The correct answer is: Capabilities. Câu hỏi 13 Đúng
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Which of the following is not descriptive of external environmental scanning? Select one:
a. Used to monitor, evaluate, and disseminate information relevant to the organizational development of strategy
b. Used to identify major stockholders
c. Used as a tool to ensure a corporation's long-term health
d. Used as a tool to ensure a corporation's long-term health Phản hồi
The correct answer is: Used to identify major stockholders Câu hỏi 14 Đúng
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Đoạn văn câu hỏi
What is a set of business units or firms that "pursue similar strategies with similar resources"? Select one: a. ntegral association I b. Collective collaboration c. Cooperative d. Strategic group Phản hồi
The correct answer is: Strategic group Câu hỏi 15 Đúng
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Đoạn văn câu hỏi In a fragmented industry? Select one:
a. Economies of scale are rarely used to reduce costs.
b. Companies avoid integration to further reduce costs.
c. Prices increase as new competitors enter the market.
d. No firm has large market share. lOMoARcPSD| 36782889 Phản hồi
The correct answer is: No firm has large market share. Câu hỏi 16 Đúng
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The corporation's task environment? Select one:
a. Encompasses the physical working areas of the organization.
b. s an accounting of the many jobs within an organization. I
c. s an advisory committee to top management. I
d. ncludes those elements or groups within an organization's industry. I Phản hồi
The correct answer is: Includes those elements or groups within an organization's industry. Câu hỏi 17 Đúng
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Đoạn văn câu hỏi
Which of the following is not an element of a company's business strategy? Select one:
a. Actions to respond to changing market conditions or other external factors
b. Actions to strengthen internal capabilities and competitively valuable resources
c. Management actions to revise the company's financial and strategic performance targets
d. Actions to strengthen competitiveness via strategic alliances and collaborative partnerships Phản hồi
The correct answer is: Management actions to revise the company's financial and strategic performance targets Câu hỏi 18 Sai
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A company may develop an emergent strategy due to? Select one:
a. Strategic moves by rival firms. b. All of the above.
c. ast-changing technological developments. F lOMoARcPSD| 36782889
d. Unexpected shifts in customer preferences. Phản hồi
The correct answer is: All of the above. Câu hỏi 19 Đúng
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In which type of international industry do corporations tailor products to the specific needs of
consumers in a particular country? Select one: a. ndigenous industry I b. Global industry c. Consortium industry d. Multi-domestic industry Phản hồi
The correct answer is: Multi-domestic industry Câu hỏi 20 Đúng
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Which type of international industry manufactures and sells the same products with only minor
adjustments made for individual countries around the world? lOMoARcPSD| 36782889 Select one: a. Global industry b. Consortium industry c. Multi-domestic industry d. ndigenous industry I Phản hồi
The correct answer is: Global industry Câu hỏi 21 Đúng
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A company's strategy is most accurately defined as? Select one:
a. Management's approaches to building revenues, controlling costs, and generating an attractive profit.
b. The business model that a company's board of directors has approved for outcompeting rivals
and making the company profitable.
c. Management's game plan for growing the business, attracting and pleasing customers,
conducting operations, and achieving financial and market performance objectives.
d. Management's concept of "where we are headed” lOMoARcPSD| 36782889 Phản hồi
The correct answer is: Management's game plan for growing the business, attracting and
pleasing customers, conducting operations, and achieving financial and market performance objectives. Câu hỏi 22 Đúng
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Which is the largest age group of the current generations in all developed countries? Select one: a. Baby Boomers b. Gen X c. ilent Generation S d. Woofies Phản hồi
The correct answer is: Baby Boomers Câu hỏi 23 Đúng
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Đoạn văn câu hỏi
The term used to describe new products, services, methods, and organizational approaches that
allow businesses to achieve extraordinary returns is? Select one: a. Competitive advantage. b. Sustainability. c. nnovation. I d. Profit maximization. Phản hồi
The correct answer is: Innovation. Câu hỏi 24 Đúng
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According to Porter, the collective strength of the interaction of potential entrants, buyers,
substitutes, suppliers, firm rivalry, and other stakeholders determine? Select one:
a. The aggregate level of demand for a product line.
b. The level of government action in an industry.
c. he ultimate profit potential in the industry measured in terms of long-run return on invested T capital. lOMoARcPSD| 36782889
d. The probable industry attractiveness and business strength position. Phản hồi
The correct answer is: The ultimate profit potential in the industry measured in terms of long-run return on invested capital. Câu hỏi 25 Sai
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Đoạn văn câu hỏi
Match the "market trend" with its example? Select one:
a. Changes in social behavior such as online networking
b. Such as interest rate changes
c. uch as the increased use of social media by certain customers S
d. Changes in the world economy Phản hồi
The correct answer is: Changes in social behavior such as online networking Câu hỏi 26 Đúng
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Đoạn văn câu hỏi
Porter describes the threat of new entrants. Which of the following is not descriptive of the "threat of new entrants"? Select one:
a. Depends on the reaction of existing competitors
b. Has a desire to gain market share
c. Does not impact industry attractiveness
d. Brings new capacity and substantial resources Phản hồi
The correct answer is: Does not impact industry attractiveness Câu hỏi 27 Đúng
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The theory that proposes organizations can and do adapt to changing conditions by imitating
other successful organizations is known as? Select one: a. Strategic theory. b. nstitution theory. I c. Citizenship theory. lOMoARcPSD| 36782889 d. Population ecology. Phản hồi
The correct answer is: Institution theory. Câu hỏi 28 Đúng
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A difference between basic financial planning and forecast-based planning is? Select one:
a. Basic financial planning utilizes consultants with sophisticated techniques
b. Forecast-based planning incorporates environmental data and extrapolates current trends.
c. Basic financial planning utilizes scenarios and contingency strategies.
d. The time horizon is shorter in forecast-based planning Phản hồi
The correct answer is: Forecast-based planning incorporates environmental data and extrapolates current trends. Câu hỏi 29 Đúng
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A company's strategy consists of? lOMoARcPSD| 36782889 Select one:
a. Competitive moves and approaches that managers have developed to grow the business, attract
and please customers, conduct operations, and achieve targeted objectives.
b. Plans involving alignment of organizational activities and strategic objectives
c. ts strategic vision, its strategic objectives, and its strategic intent I
d. Actions to develop a more appealing business model than rivals Phản hồi
The correct answer is: Competitive moves and approaches that managers have developed to
grow the business, attract and please customers, conduct operations, and achieve targeted objectives. Câu hỏi 30 Đúng
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The triple bottom line refers to which of the following? Select one: a. Water, air, and oil
b. Traditional profit/loss, social responsibility, and environmental responsibility
c. Physical environment, traditional profit/loss, and air
d. Footprints, finance, and environment lOMoARcPSD| 36782889 Phản hồi
The correct answer is: Traditional profit/loss, social responsibility, and environmental responsibility Câu hỏi 31 Đúng
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According to Porter, the corporation is most concerned with? Select one:
a. The amount of pressure from the societal environment.
b. The aggregate level of demand for a product line.
c. A market's position on its life cycle.
d. The intensity of competition within its industry. Phản hồi
The correct answer is: The intensity of competition within its industry. Câu hỏi 32 Đúng
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Đoạn văn câu hỏi
Which of the following is not a major question to ask in thinking strategically about industry and
competitive conditions in a given industry? Select one: lOMoARcPSD| 36782889
a. What strategic moves are rivals likely to make next?
b. What are the key factors for future competitive success?
c. Does the outlook for the industry offer good prospects for profitability?
d. How many companies in the industry have good track records for revenue growth and profitability? Phản hồi
The correct answer is: How many companies in the industry have good track records for revenue growth and profitability? Câu hỏi 33 Đúng
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Which of the following is not a major force in the societal environment? Select one: a. abor forces L b. Political-legal forces c. conomic forces E d. Technological forces Phản hồi
The correct answer is: Labor forces lOMoARcPSD| 36782889 Câu hỏi 34 Đúng
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Đoạn văn câu hỏi
The strategic management process is shaped by? Select one:
a. External factors such as the industry's economic and competitive conditions and internal factors
such as the company's collection of resources and capabilities.
b. A company's customer value proposition and profit formula.
c. he decisions made by the compensation and audit committees of the board of directors. T
d. Management's strategic vision, strategic and financial objectives, and strategy. Phản hồi
The correct answer is: External factors such as the industry's economic and competitive
conditions and internal factors such as the company's collection of resources and capabilities. Câu hỏi 35 Sai
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Đoạn văn câu hỏi
Strategic management is that set of managerial decisions and actions that determine the
longrun performance of a corporation. Which one of the following is not one of the basic
elements of the strategic management process? lOMoARcPSD| 36782889 Select one: a. Strategy implementation
b. Statistical process control c. E valuation and control d. Strategy formulation Phản hồi
The correct answer is: Strategy formulation Câu hỏi 36 Đúng
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Industry analysis is primarily concerned with a corporation's? Select one: a. Economic environment. b. Task environment. c. ocietal environment. S d. Sociocultural environment. Phản hồi
The correct answer is: Task environment. lOMoARcPSD| 36782889 Câu hỏi 37 Đúng
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The origin of competitive advantage lies in the ability to? Select one: a. Gain major stockholders.
b. dentify and respond to environmental change well in advance of competition. I c. aunch products quickly. L d. Serve customers faster. Phản hồi
The correct answer is: Identify and respond to environmental change well in advance of competition. Câu hỏi 38 Đúng
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The emphasis of strategic management is on? Select one: lOMoARcPSD| 36782889 a. ong-term performance L b. First line managers
c. he short-run performance of the corporation T
d. An examination of the organization's internal environment. Phản hồi
The correct answer is: Long-term performance Câu hỏi 39 Sai
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According to Barney's VRIO framework, the firm's exploitation of a competency pertains to? Select one: a. mitability. I b. Rareness. c. Value. d. Organization. Phản hồi
The correct answer is: Organization. lOMoARcPSD| 36782889 Câu hỏi 40 Đúng
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One of the benefits of globalization is? Select one: a. Economies of scale. b. ncreased taxes. I
c. I ncreased union negotiations. d. Decreased outsourcing. Phản hồi
The correct answer is: Economies of scale. Câu hỏi 41 Đúng
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Đoạn văn câu hỏi
When the value chains of two separate products or services share activities, such as the same
marketing channels, in order to reduce costs, this is an example of? Select one: a. Economies of learning. lOMoARcPSD| 36782889 b. Economies of integration. c. conomies of scope. E d. Economies of scale. Phản hồi
The correct answer is: Economies of scope. Câu hỏi 42 Đúng
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Đoạn văn câu hỏi
The Strategic Management Model presents the following process for strategy formulation? Select one:
a. Mission – Objectives – Strategies – Policies.
b. Policies – Mission – Strategies – Objectives.
c. Mission – Policies – Strategies – Objectives.
d. Policies – Strategies – Objectives – Mission. Phản hồi
The correct answer is: Mission – Objectives – Strategies – Policies. lOMoARcPSD| 36782889 Câu hỏi 43 Sai
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Which of the following is not a support activity of the value chain? Select one: a. Human resource management b. Marketing and sales c. echnology development T d. Strategic planning Phản hồi
The correct answer is: Marketing and sales Câu hỏi 44 Đúng
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The ability of a corporation to shift from one dominant strategy to another is called? Select one: a. Strategic flexibility. lOMoARcPSD| 36782889 b. Contingency management. c. Chaos formulation. d. Logical incrementalism. Phản hồi
The correct answer is: Strategic flexibility. Câu hỏi 45 Đúng
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Đoạn văn câu hỏi
Managers in all types of businesses must address the central strategic question? Select one:
a. How are we going to get there?
b. When will we know we are there? c. Where are we now?
d. Where do we want to go from here? Phản hồi
The correct answer is: How are we going to get there? Câu hỏi 46 Đúng lOMoARcPSD| 36782889
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Đoạn văn câu hỏi
A company or an industry whose product works well with a firm's product and without which the
product would lose much of its value is considered to be a(n)? Select one: a. Complementor. b. Oligopoly. c. trategic group. S d. ndustry leader. I Phản hồi
The correct answer is: Complementor. Câu hỏi 47 Sai
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The ability of an organization to reshape its environment is described by? Select one: a. Population ecology theory. lOMoARcPSD| 36782889 b. nstitution theory. I
c. he strategic choice perspective. T
d. Organizational learning theory. Phản hồi
The correct answer is: The strategic choice perspective. Câu hỏi 48 Đúng
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Đoạn văn câu hỏi
Which of the following is not descriptive of the threat of substitute products or services? Select one:
a. f the cost of switching is low, substitutes may have a strong effect on an industry. I
b. Substitute products appear to be different but satisfy the same need as another product.
c. dentifying substitutes is relatively easy since they look similar. I
d. Possible substitute products or services may not appear to be easily substitutable. Phản hồi
The correct answer is: Identifying substitutes is relatively easy since they look similar. lOMoARcPSD| 36782889 Câu hỏi 49 Đúng
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Đoạn văn câu hỏi
Which of the following is not descriptive of intense rivalry among firms? Select one:
a. Product offerings that are highly differentiated b. High exit barriers c. High fixed costs
d. Few competitors or competitors that are roughly equal in size and power Phản hồi
The correct answer is: Product offerings that are highly differentiated Câu hỏi 50 Đúng
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Đoạn văn câu hỏi
Which one of the following is not one of the five stages of an ongoing, continuous strategic management process? Select one:
a. Crafting a strategy to achieve the objectives and get the company where it wants to go lOMoARcPSD| 36782889
b. Setting objectives to measure progress toward achieving the strategic vision
c. Developing a profitable business model
d. Forming a strategic vision of the company's future direction and focus Phản hồi
The correct answer is: Developing a profitable business model Câu hỏi 51 Đúng
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Which of the following is not one of the four question areas in VRIO framework used to evaluate a firm's key resources? Select one: a. Durability b. Valuable c. Rareness d. Organization Phản hồi
The correct answer is: Durability Câu hỏi 52 Đúng
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Đoạn văn câu hỏi
Which of the following is not something a company's strategy is concerned with? Select one:
a. Management's choices about how to outcompete rivals
b. Management's choices about how quickly and closely to copy the strategies being used by successful rival companies
c. Management's choices about how to grow the business
d. Management's action plan for conducting operations and improving the company's strategic and financial performance Phản hồi
The correct answer is: Management's choices about how quickly and closely to copy the
strategies being used by successful rival companies Câu hỏi 53 Đúng
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Which of the following statements is not true concerning a corporate reputation? Select one:
a. A good corporate reputation can be a strategic resource.
b. Research shows no positive relationship between corporate reputation and financial performance.
c. Reputation tends to be long lasting and hard for others to duplicate. lOMoARcPSD| 36782889
d. There is a positive relationship between corporate reputation and financial performance. Phản hồi
The correct answer is: Research shows no positive relationship between corporate reputation and financial performance. Câu hỏi 54 Đúng
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Knowledge that is not easily communicated because it is deeply rooted in employee experience
or in a corporation's culture is called? Select one: a. Tacit knowledge. b. mitable knowledge. I c. xplicit knowledge. E d. Transferable knowledge. Phản hồi
The correct answer is: Tacit knowledge. Câu hỏi 55 Đúng
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Research suggests that strategic management evolves through four sequential phases in
corporations. The first phase is? Select one:
a. nternally oriented planning I
b. Externally oriented planning c. orecast-based planning. F d. Basic financial planning Phản hồi
The correct answer is: Basic financial planning Câu hỏi 56 Đúng
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Which of the following is not one of the five typical sources of competitive pressures? Select one:
a. The threat of new entrants into the market
b. The bargaining power of suppliers and seller-supplier collaboration
c. he power and influence of industry driving forces T lOMoARcPSD| 36782889
d. The attempts of companies in other industries to win customers over to their own substitute products Phản hồi
The correct answer is: The power and influence of industry driving forces Câu hỏi 57 Đúng
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In addition to Porter's Five Forces, another force added in the text is? Select one: a. Threat of prospects. b. Other stakeholders.
c. Bargaining power of unions. d. Threat of shareholders. Phản hồi
The correct answer is: Other stakeholders. Câu hỏi 58 Đúng
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The ability of competitors to use duplicated resources and capabilities to imitate the other firm's success is called? lOMoARcPSD| 36782889 Select one: a. Transparency. b. Replicability. c. Durability. d. Transferability. Phản hồi
The correct answer is: Replicability. Câu hỏi 59 Đúng
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An organization skilled at creating, acquiring, and transferring knowledge, and at modifying its
behavior to reflect new knowledge and insights is a(n)? Select one:
a. Hypercompetitive competitor. b. nnovative organization. I
c. trategically managed corporation. S d. Learning organization. lOMoARcPSD| 36782889 Phản hồi
The correct answer is: Learning organization. Câu hỏi 60 Đúng
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The combination of the degree of complexity and the degree of change existing in an
organization's external environment is/are called? Select one: a. Strategic issues. b. Strategic fit. c. trategic factors. S d. Environmental uncertainty. Phản hồi
The correct answer is: Environmental uncertainty. Câu hỏi 61 Đúng
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Those critical strengths and weaknesses that are likely to determine if a firm will be able to take
advantage of opportunities while avoiding threats are called? lOMoARcPSD| 36782889 Select one: a. Quality accounting. b. SWOT. c. nternal strategic factors. I d. Competitive forces. Phản hồi
The correct answer is: Internal strategic factors. Câu hỏi 62 Đúng
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A company's strategy is a "work in progress" and evolves over time because of? Select one:
a. The ongoing need to imitate the new strategic moves of the industry leaders.
b. The need to make regular adjustments in the company's strategic vision.
c. he importance of developing a fresh strategic plan every year. T
d. The ongoing need of company managers to react and respond to changing industry and competitive conditions. lOMoARcPSD| 36782889 Phản hồi
The correct answer is: The ongoing need of company managers to react and respond to
changing industry and competitive conditions. Câu hỏi 63 Đúng
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The competitive moves and business approaches a company's management is using to grow the
business, compete successfully, attract and please customers, conduct operations, respond to
changing economic and market conditions, and achieve organizational objectives is referred to as its? Select one: a. Vision b. Strategy c. Mission d. Business model Phản hồi
The correct answer is: Strategy Câu hỏi 64 Đúng
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When examining the corporate value chain of a particular product or service, which one of the
following is not one of the primary activities that usually occur? lOMoARcPSD| 36782889 Select one: a. Operations b. Marketing and sales c. Auditing and accounting
d. nbound and outbound logistics I Phản hồi
The correct answer is: Auditing and accounting Câu hỏi 65 Đúng
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Which of the following is an issue likely to be addressed by a company's business strategy? Select one:
a. Actions to supplement the company's resources and capabilities through alliances and joint ventures b. All of the above
c. Actions and approaches used in managing the functional areas of the business
d. Actions to respond to changing economic and market conditions lOMoARcPSD| 36782889 Phản hồi
The correct answer is: All of the above Câu hỏi 66 Đúng
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Knowledge that can be easily articulated and communicated is known as? Select one: a. Tacit knowledge. b. Explicit knowledge. c. ransferable knowledge. T d. mitable knowledge. I Phản hồi
The correct answer is: Explicit knowledge. Câu hỏi 67 Đúng
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The rate at which others can duplicate a firm's underlying resources, capabilities, or core competencies is called? lOMoARcPSD| 36782889 Select one: a. Transparency. b. mitability. I c. Durability. d. Transferability. Phản hồi
The correct answer is: Imitability. Câu hỏi 68 Sai
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Those variables that can affect significantly the overall competitive positions of companies
within any particular industry are known as? Select one: a. ndustry scenario. I b. Key success factors. c. nternal strategic factors. I d. Matrix factors. lOMoARcPSD| 36782889 Phản hồi
The correct answer is: Key success factors. Câu hỏi 69 Sai
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It is normal for a company's strategy to end up being? Select one:
a. A blend of deliberate planned actions to improve the company's competitiveness and financial
performance and as-needed unplanned reactions to unanticipated developments and fresh market conditions.
b. A combination of defensive moves to protect the company's market share and offensive
initiatives to set the company's product offering apart from rivals.
c. ike the strategies of other industry members since all companies are confronting much the same
L market conditions and competitive pressures.
d. Left unchanged from management's original planned set of actions and business approaches
since making on-the-spot changes is too risky. Phản hồi
The correct answer is: A blend of deliberate planned actions to improve the company's
competitiveness and financial performance and as-needed unplanned reactions to unanticipated
developments and fresh market conditions. Câu hỏi 70 Đúng
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All of the following are technological breakthroughs already having a significant impact on many industries EXCEPT? Select one:
a. Alternative energy sources. b. Smart, mobile robots.
c. Genetically altered organisms.
d. Growing health consciousness. Phản hồi
The correct answer is: Growing health consciousness. Câu hỏi 71 Đúng
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________ is more valuable because it can provide companies with a sustainable competitive
advantage that is harder for competitors to imitate? Select one: a. mitable knowledge I b. Transferable knowledge c. xplicit knowledge E lOMoARcPSD| 36782889 d. Tacit knowledge Phản hồi
The correct answer is: Tacit knowledge Câu hỏi 72 Đúng
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Which of the following is not an element of the organization's task environment? Select one: a. Technological developments b. Special interest groups c. rade associations T d. Governments Phản hồi
The correct answer is: Technological developments Câu hỏi 73 Đúng
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Through market research, corporations are able to practice ________ with various products or
services so that managers can discover what niches to seek, which new types of products to
develop, and how to ensure that a company's many products do not directly compete with one another? Select one: a. Marketing leverage. b. Market segmentation. c. Product life cycle. d. Marketing mix. Phản hồi
The correct answer is: Market segmentation. Câu hỏi 74 Đúng
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Which societal force includes demographic trends? Select one: a. Technological forces b. Sociocultural forces c. conomic forces E lOMoARcPSD| 36782889 d. Labor forces Phản hồi
The correct answer is: Sociocultural forces Câu hỏi 75 Đúng
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Which of the following is not one of the eight current sociocultural trends mentioned in the text? Select one: a. Decline of the mass market b. Wage/price controls
c. Growth of the seniors market
d. ncreasing environmental awareness I Phản hồi
The correct answer is: Wage/price controls Câu hỏi 76 Đúng
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The most important aspect(s) of a company's business strategy? lOMoARcPSD| 36782889 Select one:
a. Are the actions and moves in the marketplace that managers take to gain a sustainable competitive advantage.
b. Deals with how management plans to maximize profits while, at the same time, operating in a socially responsible manner.
c. s figuring out how to maximize profits and shareholder value I
d. Concerns how to improve the efficiency of its business model Phản hồi
The correct answer is: Are the actions and moves in the marketplace that managers take to gain a
sustainable competitive advantage. Câu hỏi 77 Đúng
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When an organization is evaluating its strategic position, which is not one of the strategic
questions that an organization generally may ask itself? Select one:
a. f the evaluation is negative, what specific actions should management take. I
b. Where is the organization now
c. f no changes are made, where will the organization be in one year I lOMoARcPSD| 36782889
d. Are we on target to hit our financial objectives next year Phản hồi
The correct answer is: Are we on target to hit our financial objectives next year Câu hỏi 78 Đúng
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Which of the following was normally one of the top benefits of strategic management? Select one:
a. Clearer sense of strategic vision for the firm
b. Higher levels of job satisfaction
c. Higher levels of employee motivation d. mproved productivity. I Phản hồi
The correct answer is: Clearer sense of strategic vision for the firm Câu hỏi 79 Đúng
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An industry dominated by a few large firms, all of which struggle with product differentiation, is known as? lOMoARcPSD| 36782889 Select one: a. Consolidated. b. Multi-domestic. c. Global. d. ndigenous. I Phản hồi
The correct answer is: Consolidated. Câu hỏi 80 Đúng
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According to Porter's model, a strong or high force is likely to reduce profits and can be regarded as a(n)? Select one: a. Risk. b. Advantage. c. hreat. T d. Opportunity. lOMoARcPSD| 36782889 Phản hồi
The correct answer is: Threat. Câu hỏi 81 Đúng
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Which barrier to entry do corporations such as P&G use to force new entrants to spend heavily
to overcome existing customer loyalty? Select one: a. Product differentiation b. Switching costs
c. Access to distribution channels d. Capital requirements Phản hồi
The correct answer is: Product differentiation Câu hỏi 82 Đúng
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The technique recommended by the text to organize an analysis of external strategic factors is called? Select one: lOMoARcPSD| 36782889 a. SWOT. b. EFAS. c. FAS. S d. I FAS. Phản hồi
The correct answer is: EFAS. Câu hỏi 83 Đúng
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A sugar company that is worried that consumers may buy artificial sweetener instead of sugar is concerned about the? Select one: a. Threat of new entrants.
b. Bargaining power of suppliers.
c. hreat of substitute products. T
d. Rivalry among existing firms. Phản hồi
The correct answer is: Threat of substitute products. lOMoARcPSD| 36782889 Câu hỏi 84 Đúng
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The primary activity of a competitive intelligence unit is to? Select one:
a. Engage in corporate espionage.
b. Determine industry R&D statistics. c. urvey stakeholders. S d. Monitor competitors. Phản hồi
The correct answer is: Monitor competitors. Câu hỏi 85 Đúng
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According to the text, one reason environmental uncertainty is a threat to strategic managers is because? Select one:
a. t is a costly and time-consuming process. I lOMoARcPSD| 36782889
b. t hampers their ability to develop long-range plans and make strategic decisions. I
c. t creates a new playing field in which creativity and innovation can play a major part in strategic I decisions.
d. t forces the strategic manager to be more stable. I Phản hồi
The correct answer is: It hampers their ability to develop long-range plans and make strategic decisions. Câu hỏi 86 Đúng
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In the final phase of strategic management, strategic information is available to? Select one:
a. People throughout the organization
b. The top management responsible for decision-making c. Middle management d. Operational personnel. Phản hồi
The correct answer is: People throughout the organization lOMoARcPSD| 36782889 Câu hỏi 87 Đúng
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When a company's core competencies are superior to those of competitors, these are known as? Select one: a. Critical success factors. b. Distinctive competencies. c. Core competencies. d. Resources. Phản hồi
The correct answer is: Distinctive competencies. Câu hỏi 88 Đúng
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Which barrier to entry uses cost advantages associated with large size? Select one: a. Capital requirements lOMoARcPSD| 36782889 b. Switching costs c. conomies of scale E
d. Cost disadvantages independent of size Phản hồi
The correct answer is: Economies of scale Câu hỏi 89 Đúng
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Which environment was generally perceived by business people to be something to exploit, not
conserve, until the twentieth century? Select one: a. The societal environment b. The internal environment c. he natural environment T d. The task environment Phản hồi
The correct answer is: The natural environment lOMoARcPSD| 36782889 Câu hỏi 90 Đúng
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Which of the following is not descriptive of the threat of substitute products or services? Select one:
a. Possible substitute products or services may not appear to be easily substitutable.
b. Substitute products appear to be different, but satisfy the same need as another product.
c. f the cost of switching is low, substitutes may have a strong effect on an industry. I
d. dentifying substitutes is relatively easy since they look similar. I Phản hồi
The correct answer is: Identifying substitutes is relatively easy since they look similar. Finish review ← Textbooks and slides
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