lOMoARcPSD| 36782889 Câu hỏi 1 Đúng
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According to the text, one reason environmental uncertainty is a threat to strategic managers is because? Select one:
a. It is a costly and time-consuming process.
b. It hampers their ability to develop long-range plans and make strategic decisions.
c. It forces the strategic manager to be more stable.
d. It creates a new playing field in which creativity and innovation can play a major part in strategic decisions. Phản hồi
The correct answer is: It hampers their ability to develop long-range plans and make strategic decisions. Câu hỏi 2 Đúng
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Which of the following is not a support activity of the value chain? Select one: a. Strategic planning b. Human resource management lOMoARcPSD| 36782889 c. Technology development d. Marketing and sales Phản hồi
The correct answer is: Marketing and sales Câu hỏi 3 Đúng
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What is a set of business units or firms that "pursue similar strategies with similar resources"? Select one: a. Integral association b. Strategic group c. Collective collaboration d. Cooperative Phản hồi
The correct answer is: Strategic group lOMoARcPSD| 36782889 Câu hỏi 4 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. Switching costs b. Capital requirements c. Product differentiation
d. Access to distribution channels Phản hồi
The correct answer is: Product differentiation Câu hỏi 5 Đúng
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Which of the following is a function of corporate culture? Select one:
a. It conveys a sense of identity for employees.
b. It generates creative approaches to new situations.
c. It encourages flexibility and thus constant change.
d. It encourages a laissez faire set of attitudes. Phản hồi
The correct answer is: It conveys a sense of identity for employees. Câu hỏi 6 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. Wage/price controls
b. Increasing environmental awareness
c. Growth of the seniors market d. Decline of the mass market Phản hồi
The correct answer is: Wage/price controls lOMoARcPSD| 36782889 Câu hỏi 7 Đúng
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Which societal force includes demographic trends? Select one: a. Technological forces b. Sociocultural forces c. Labor forces d. Economic forces Phản hồi
The correct answer is: Sociocultural forces Câu hỏi 8 Đúng
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The technique recommended by the text to organize an analysis of external strategic factors is called? Select one: a. SWOT. b. IFAS. c. SFAS. d. EFAS. Phản hồi The correct answer is: EFAS. lOMoARcPSD| 36782889 Câu hỏi 9 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. Industry matrix. b. Total weighted score. c. IFAS score. d. SWOT score Phản hồi
The correct answer is: Total weighted score. Câu hỏi 10 Đúng
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Which of the following is not an element of a company's business strategy? Select one:
a. Actions to strengthen competitiveness via strategic alliances and collaborative partnerships
b. Actions to respond to changing market conditions or other external factors
c. Actions to strengthen internal capabilities and competitively valuable resources
d. Management actions to revise the company's financial and strategic performance targets Phản hồi
The correct answer is: Management actions to revise the company's financial and lOMoARcPSD| 36782889 strategic performance targets Câu hỏi 11 Đúng
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A creative, distinctive strategy that delivers a sustainable competitive advantage is important because? Select one:
a. Without a proven strategy a company is likely to fall into bankruptcy
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. Without a competitive advantage a company cannot have a profitable business model
d. A competitive advantage is what enables a company to achieve its strategic objectives 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 Câu hỏi 12 Đúng
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The strategic management process is shaped by? Select one:
a. The decisions made by the compensation and audit committees of the board of directors.
b. A company's customer value proposition and profit formula.
c. Management's strategic vision, strategic and financial objectives, and strategy.
d. External factors such as the industry's economic and competitive conditions and internal
factors such as the company's collection of resources and capabilities. 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 13 Đúng
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One of the benefits of globalization is? Select one:
a. Increased union negotiations. b. Decreased outsourcing. c. Economies of scale. d. Increased taxes. Phản hồi lOMoARcPSD| 36782889
The correct answer is: Economies of scale. Câu hỏi 14 Đúng
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A company may develop an emergent strategy due to? Select one: a. All of the above.
b. Fast-changing technological developments.
c. Strategic moves by rival firms.
d. Unexpected shifts in customer preferences. Phản hồi
The correct answer is: All of the above. Câu hỏi 15 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. Opportunity. d. Threat. lOMoARcPSD| 36782889 Phản hồi
The correct answer is: Threat. Câu hỏi 16 Đúng
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Industry analysis is primarily concerned with a corporation's? Select one: a. Sociocultural environment. b. Economic environment. c. Societal environment. d. Task environment. Phản hồi
The correct answer is: Task environment. Câu hỏi 17 Đúng
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The Strategic Management Model presents the following process for strategy formulation? lOMoARcPSD| 36782889 Select one:
a. Mission – Policies – Strategies – Objectives.
b. Policies – Strategies – Objectives – Mission.
c. Mission – Objectives – Strategies – Policies.
d. Policies – Mission – Strategies – Objectives. Phản hồi
The correct answer is: Mission – Objectives – Strategies – Policies. Câu hỏi 18 Đúng
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Which barrier to entry uses cost advantages associated with large size? Select one: a. Switching costs b. Economies of scale
c. Cost disadvantages independent of size d. Capital requirements Phản hồi
The correct answer is: Economies of scale Câu hỏi 19 Đúng lOMoARcPSD| 36782889
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A company's strategy is most accurately defined as? Select one:
a. Management's game plan for growing the business, attracting and pleasing customers,
conducting operations, and achieving financial and market performance objectives.
b. Management's approaches to building revenues, controlling costs, and generating an attractive profit.
c. Management's concept of "where we are headed”
d. The business model that a company's board of directors has approved for outcompeting
rivals and making the company profitable. 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 20 Đúng
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When a company's core competencies are superior to those of competitors, these are known as? lOMoARcPSD| 36782889 Select one: a. Critical success factors. b. Resources. c. Core competencies. d. Distinctive competencies. Phản hồi
The correct answer is: Distinctive competencies. Câu hỏi 21 Đúng
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An example of the promotion variable of the marketing mix is? Select one: a. Services. b. Discounts. c. Location. d. Advertising. Phản hồi
The correct answer is: Advertising. Câu hỏi 22 lOMoARcPSD| 36782889 Đúng
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In the final phase of strategic management, strategic information is available to? Select one:
a. The top management responsible for decision-making b. Operational personnel.
c. People throughout the organization d. Middle management Phản hồi
The correct answer is: People throughout the organization Câu hỏi 23 Đúng
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An industry dominated by a few large firms, all of which struggle with product differentiation, is known as? Select one: a. Indigenous. b. Global. c. Multi-domestic. d. Consolidated. Phản hồi
The correct answer is: Consolidated. Câu hỏi 24 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 natural environment b. The internal environment c. The societal environment d. The task environment Phản hồi
The correct answer is: The natural environment Câu hỏi 25 Đúng
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A company with significant assets and activities in multiple countries is known as a? Select one: a. Transferable corporation. b. Duplicate corporation.
c. Multi-national corporation. d. Repatriated corporation. Phản hồi
The correct answer is: Multi-national corporation. Câu hỏi 26 Đúng
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The most important aspect(s) of a company's business strategy? Select one:
a. Concerns how to improve the efficiency of its business model
b. Are the actions and moves in the marketplace that managers take to gain a sustainable competitive advantage.
c. Deals with how management plans to maximize profits while, at the same time, operating in a socially responsible manner.
d. Is figuring out how to maximize profits and shareholder value 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 27 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 fit. b. Strategic factors. c. Environmental uncertainty. d. Strategic issues. Phản hồi
The correct answer is: Environmental uncertainty. Câu hỏi 28 Đúng
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A corporation's ability to exploit its resources is referred to as its? Select one: a. Critical success factors. b. Core competencies. lOMoARcPSD| 36782889 c. Capabilities. d. Business expertise. Phản hồi
The correct answer is: Capabilities. Câu hỏi 29 Đúng
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Which of the following was normally one of the top benefits of strategic management? Select one:
a. Higher levels of job satisfaction b. Improved productivity.
c. Clearer sense of strategic vision for the firm
d. Higher levels of employee motivation Phản hồi
The correct answer is: Clearer sense of strategic vision for the firm Câu hỏi 30 Đúng
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The emphasis of strategic management is on? lOMoARcPSD| 36782889 Select one:
a. The short-run performance of the corporation
b. An examination of the organization's internal environment. c. Long-term performance d. First line managers Phản hồi
The correct answer is: Long-term performance Câu hỏi 31 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. If no changes are made, where will the organization be in one year
b. Where is the organization now
c. If the evaluation is negative, what specific actions should management take.
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 32 Đúng
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A difference between basic financial planning and forecast-based planning is? Select one:
a. Forecast-based planning incorporates environmental data and extrapolates current trends.
b. Basic financial planning utilizes scenarios and contingency strategies.
c. Basic financial planning utilizes consultants with sophisticated techniques
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 33 Đúng
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Which of the following is not descriptive of intense rivalry among firms? Select one:
a. Product offerings that are highly differentiated
b. Few competitors or competitors that are roughly equal in size and power lOMoARcPSD| 36782889 c. High exit barriers d. High fixed costs Phản hồi
The correct answer is: Product offerings that are highly differentiated Câu hỏi 34 Đúng
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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:
a. What strategic moves are rivals likely to make next?
b. What are the key factors for future competitive success?
c. How many companies in the industry have good track records for revenue growth and profitability?
d. Does the outlook for the industry offer good prospects for profitability? Phản hồi
The correct answer is: How many companies in the industry have good track records
for revenue growth and profitability? Câu hỏi 35 Đúng
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Which of the following statements is not true concerning a corporate reputation? Select one: lOMoARcPSD| 36782889
a. Reputation tends to be long lasting and hard for others to duplicate.
b. A good corporate reputation can be a strategic resource.
c. Research shows no positive relationship between corporate reputation and financial performance.
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 36 Đúng
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Which of the following is not descriptive of a high level of bargaining powers of buyers? Select one:
a. A buyer earns high profits and is very insensitive to costs and service differences.
b. The purchased product represents a high percentage of buyer's costs.
c. The buyer buys a large proportion of the seller's product or service.
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 37 Đúng
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The ability of a corporation to shift from one dominant strategy to another is called? Select one: a. Contingency management. b. Logical incrementalism. c. Chaos formulation. d. Strategic flexibility. Phản hồi
The correct answer is: Strategic flexibility. Câu hỏi 38 Đúng
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Which of the following is not descriptive of external environmental scanning? Select one:
a. Used to identify major stockholders
b. Used as a tool to ensure a corporation's long-term health
c. Used to monitor, evaluate, and disseminate information relevant to the organizational development of strategy lOMoARcPSD| 36782889
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 39 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? Select one: a. Operations b. Auditing and accounting c. Marketing and sales
d. Inbound and outbound logistics Phản hồi
The correct answer is: Auditing and accounting Câu hỏi 40 Đúng
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The triple bottom line refers to which of the following? Select one: lOMoARcPSD| 36782889
a. Traditional profit/loss, social responsibility, and environmental responsibility b. Water, air, and oil
c. Physical environment, traditional profit/loss, and air
d. Footprints, finance, and environment Phản hồi
The correct answer is: Traditional profit/loss, social responsibility, and environmental responsibility Câu hỏi 41 Đúng
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In addition to Porter's Five Forces, another force added in the text is? Select one: a. Threat of shareholders. b. Threat of prospects.
c. Bargaining power of unions. d. Other stakeholders. Phản hồi
The correct answer is: Other stakeholders. Câu hỏi 42 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? lOMoARcPSD| 36782889 Select one: a. Valuable b. Rareness c. Durability d. Organization Phản hồi
The correct answer is: Durability Câu hỏi 43 Đúng
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The ability of competitors to use duplicated resources and capabilities to imitate the
other firm's success is called? Select one: a. Transparency. b. Transferability. c. Replicability. d. Durability. lOMoARcPSD| 36782889 Phản hồi
The correct answer is: Replicability. Câu hỏi 44 Đúng
Đạt điểm 1,00 trên 1,00 Đặt cờ Đoạn văn câu hỏi In a fragmented industry? Select one:
a. Companies avoid integration to further reduce costs.
b. Prices increase as new competitors enter the market.
c. Economies of scale are rarely used to reduce costs.
d. No firm has large market share. Phản hồi
The correct answer is: No firm has large market share. Câu hỏi 45 Đúng
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Which of the following is not an element of the organization's task environment? Select one: a. Special interest groups b. Trade associations lOMoARcPSD| 36782889 c. Technological developments d. Governments Phản hồi
The correct answer is: Technological developments Câu hỏi 46 Đúng
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Which of the following is not descriptive of the threat of substitute products or services? Select one:
a. If the cost of switching is low, substitutes may have a strong effect on an industry.
b. Substitute products appear to be different but satisfy the same need as another product.
c. Identifying substitutes is relatively easy since they look similar.
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 47 Đúng
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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. Key success factors. b. Industry scenario.
c. Internal strategic factors. d. Matrix factors. Phản hồi
The correct answer is: Key success factors. Câu hỏi 48 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 ultimate profit potential in the industry measured in terms of long-run return on invested capital.
c. The probable industry attractiveness and business strength position.
d. The level of government action in an industry. lOMoARcPSD| 36782889 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 49 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. Product life cycle. b. Marketing mix. c. Marketing leverage. d. Market segmentation. Phản hồi
The correct answer is: Market segmentation. Câu hỏi 50 Đúng
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The origin of competitive advantage lies in the ability to? Select one: a. Gain major stockholders. b. Serve customers faster. c. Launch products quickly.
d. Identify and respond to environmental change well in advance of competition. Phản hồi
The correct answer is: Identify and respond to environmental change well in advance of competition. Câu hỏi 51 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 substitute products.
b. Bargaining power of suppliers. c. Threat of new entrants. lOMoARcPSD| 36782889
d. Rivalry among existing firms. Phản hồi
The correct answer is: Threat of substitute products. Câu hỏi 52 Đúng
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Porter describes the threat of new entrants. Which of the following is not descriptive of the "threat of new entrants"? Select one:
a. Has a desire to gain market share
b. Brings new capacity and substantial resources
c. Does not impact industry attractiveness
d. Depends on the reaction of existing competitors Phản hồi
The correct answer is: Does not impact industry attractiveness Câu hỏi 53 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 respond to changing economic and market conditions
b. Actions to supplement the company's resources and capabilities through alliances and joint lOMoARcPSD| 36782889 ventures c. All of the above
d. Actions and approaches used in managing the functional areas of the business Phản hồi
The correct answer is: All of the above Câu hỏi 54 Đúng
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Managers in all types of businesses must address the central strategic question? Select one:
a. How are we going to get there? b. Where are we now?
c. When will we know we are there?
d. Where do we want to go from here? Phản hồi
The correct answer is: How are we going to get there? Câu hỏi 55 Đúng
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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. Oligopoly. lOMoARcPSD| 36782889 b. Strategic group. c. Complementor. d. Industry leader. Phản hồi
The correct answer is: Complementor. Câu hỏi 56 Đúng
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Strategic management is that set of managerial decisions and actions that determine
the long-run performance of a corporation. Which one of the following is not one of the
basic elements of the strategic management process? Select one:
a. Statistical process control b. Strategy formulation c. Evaluation and control d. Strategy implementation Phản hồi lOMoARcPSD| 36782889
The correct answer is: Strategy formulation Câu hỏi 57 Đúng
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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. b. Economies of integration. c. Economies of scale. d. Economies of scope. Phản hồi
The correct answer is: Economies of scope. Câu hỏi 58 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. Innovative organization.
b. Hypercompetitive competitor.
c. Strategically managed corporation. lOMoARcPSD| 36782889 d. Learning organization. Phản hồi
The correct answer is: Learning organization. Câu hỏi 59 Đúng
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A company's strategy consists of? 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. Actions to develop a more appealing business model than rivals
d. Its strategic vision, its strategic objectives, and its strategic intent Phản hồi
The correct answer is: Competitive moves and approaches that managers have
developed to grow the business, attract and please customers, conduct operations, lOMoARcPSD| 36782889
and achieve targeted objectives. Câu hỏi 60 Đúng
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Which of the following is not a major force in the societal environment? Select one: a. Political-legal forces b. Labor forces c. Technological forces d. Economic forces Phản hồi
The correct answer is: Labor forces Câu hỏi 61 Đúng
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A formal program of gathering information on a company's competitors is referred to as? Select one: a. Competitive strategy. b. Statistical modeling. c. Competitive intelligence. d. Quantitative forecasting. lOMoARcPSD| 36782889 Phản hồi
The correct answer is: Competitive intelligence. Câu hỏi 62 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. Institution theory. b. Strategic theory. c. Citizenship theory. d. Population ecology. Phản hồi
The correct answer is: Institution theory. Câu hỏi 63 Đúng
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Knowledge that can be easily articulated and communicated is known as? Select one: a. Imitable knowledge. b. Transferable knowledge. c. Tacit knowledge. d. Explicit knowledge. lOMoARcPSD| 36782889 Phản hồi
The correct answer is: Explicit knowledge. Câu hỏi 64 Đúng
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It is normal for a company's strategy to end up being? Select one:
a. Like the strategies of other industry members since all companies are confronting much the
same market conditions and competitive pressures.
b. 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.
c. Left unchanged from management's original planned set of actions and business approaches
since making on-the-spot changes is too risky.
d. 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. 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 lOMoARcPSD| 36782889
unanticipated developments and fresh market conditions. Câu hỏi 65 Đúng
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According to Barney's VRIO framework, the firm's exploitation of a competency pertains to? Select one: a. Value. b. Imitability. c. Rareness. d. Organization. Phản hồi
The correct answer is: Organization. Câu hỏi 66 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. Explicit knowledge b. Tacit knowledge c. Imitable knowledge lOMoARcPSD| 36782889 d. Transferable knowledge Phản hồi
The correct answer is: Tacit knowledge Câu hỏi 67 Đúng
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Match the "market trend" with its example? Select one:
a. Changes in social behavior such as online networking
b. Changes in the world economy
c. Such as the increased use of social media by certain customers
d. Such as interest rate changes Phản hồi
The correct answer is: Changes in social behavior such as online networking Câu hỏi 68 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? Select one: a. Multi-domestic industry b. Indigenous industry c. Global industry lOMoARcPSD| 36782889 d. Consortium industry Phản hồi
The correct answer is: Global industry Câu hỏi 69 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. Explicit knowledge. b. Transferable knowledge. c. Tacit knowledge. d. Imitable knowledge. Phản hồi
The correct answer is: Tacit knowledge. Câu hỏi 70 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: lOMoARcPSD| 36782889 a. Business model b. Strategy c. Mission d. Vision Phản hồi
The correct answer is: Strategy Câu hỏi 71 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: a. Risk. b. Threat. c. Advantage. d. Opportunity. Phản hồi
The correct answer is: Opportunity. Câu hỏi 72 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? lOMoARcPSD| 36782889 Select one: a. Consortium industry b. Indigenous industry c. Multi-domestic industry d. Global industry Phản hồi
The correct answer is: Multi-domestic industry Câu hỏi 73 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 74 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? lOMoARcPSD| 36782889 Select one: a. Environmental scanning. b. Strategy formulation. c. External scanning. d. Internal scanning. Phản hồi
The correct answer is: Environmental scanning. Câu hỏi 75 Đúng
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Research suggests that strategic management evolves through four sequential phases
in corporations. The first phase is? Select one:
a. Internally oriented planning b. Basic financial planning
c. Externally oriented planning d. Forecast-based planning. lOMoARcPSD| 36782889 Phản hồi
The correct answer is: Basic financial planning ◀ Previous page Câu hỏi 76 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? Select one: a. Competitive forces. b. Quality accounting. c. SWOT.
d. Internal strategic factors. Phản hồi
The correct answer is: Internal strategic factors. Câu hỏi 77 Đúng
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Which of the following is not something a company's strategy is concerned with? Select one:
a. Management's choices about how to grow the business
b. Management's choices about how to outcompete rivals
c. Management's action plan for conducting operations and improving the company's strategic and financial performance
d. Management's choices about how quickly and closely to copy the strategies being used by successful rival companies 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 78 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 79 Đúng
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A company's strategy is a "work in progress" and evolves over time because of? Select one:
a. The importance of developing a fresh strategic plan every year.
b. The ongoing need of company managers to react and respond to changing industry and competitive conditions.
c. The ongoing need to imitate the new strategic moves of the industry leaders.
d. The need to make regular adjustments in the company's strategic vision. Phản hồi
The correct answer is: The ongoing need of company managers to react and respond to lOMoARcPSD| 36782889
changing industry and competitive conditions. Câu hỏi 80 Đúng
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Strategic planning within a small organization? Select one:
a. Must be elaborate to allow for future growth.
b. Should be done by the president only.
c. May be informal and irregular.
d. Should always be formalized and explicitly stated. Phản hồi
The correct answer is: May be informal and irregular. Câu hỏi 81 Đúng
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The primary activity of a competitive intelligence unit is to? Select one:
a. Engage in corporate espionage. b. Monitor competitors.
c. Determine industry R&D statistics. d. Survey stakeholders. Phản hồi
The correct answer is: Monitor competitors. lOMoARcPSD| 36782889 Câu hỏi 82 Đúng
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Which of the following is not one of the five typical sources of competitive pressures? Select one:
a. The power and influence of industry driving forces
b. The bargaining power of suppliers and seller-supplier collaboration
c. The threat of new entrants into the market
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 83 Đúng
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Which one of the following is not one of the five stages of an ongoing, continuous strategic management process? lOMoARcPSD| 36782889 Select one:
a. Crafting a strategy to achieve the objectives and get the company where it wants to go
b. Forming a strategic vision of the company's future direction and focus
c. Setting objectives to measure progress toward achieving the strategic vision
d. Developing a profitable business model Phản hồi
The correct answer is: Developing a profitable business model Câu hỏi 84 Đúng
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The rate at which others can duplicate a firm's underlying resources, capabilities, or core competencies is called? Select one: a. Durability. lOMoARcPSD| 36782889 b. Transferability. c. Transparency. d. Imitability. Phản hồi
The correct answer is: Imitability. Câu hỏi 85 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. Woofies c. Silent Generation d. Gen X Phản hồi
The correct answer is: Baby Boomers Câu hỏi 86 Đúng lOMoARcPSD| 36782889
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The corporate mission is best described by which one of the following? Select one:
a. The purpose or reason for the corporation's existence
b. A description of the activities carried out by the organization
c. A description of top management's responsibilities
d. A statement of corporate objectives Phản hồi
The correct answer is: The purpose or reason for the corporation's existence Câu hỏi 87 Đúng
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The ability of an organization to reshape its environment is described by? Select one: lOMoARcPSD| 36782889 a. Population ecology theory. b. Institution theory.
c. The strategic choice perspective.
d. Organizational learning theory. Phản hồi
The correct answer is: The strategic choice perspective. Câu hỏi 88 Đúng
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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. Profit maximization. c. Innovation. d. Sustainability. Phản hồi
The correct answer is: Innovation. Câu hỏi 89 Đúng
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Which of the following is not descriptive of the threat of substitute products or services? Select one:
a. Identifying substitutes is relatively easy since they look similar.
b. Possible substitute products or services may not appear to be easily substitutable.
c. If the cost of switching is low, substitutes may have a strong effect on an industry.
d. Substitute products appear to be different, but satisfy the same need as another product. Phản hồi
The correct answer is: Identifying substitutes is relatively easy since they look similar. Câu hỏi 90 Đúng
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The corporation's task environment? Select one:
a. Encompasses the physical working areas of the organization.
b. Is an accounting of the many jobs within an organization.
c. Is an advisory committee to top management.
d. Includes those elements or groups within an organization's industry. Phản hồi
The correct answer is: Includes those elements or groups within an organization's industry.