1. Company objectives should be set in a manner that does not conflict with the
performance targets of lower-level organizational units. A. True B. False
2. A company’s values relate to such things as how it will balance it pursuit of
financial objectives againt the pursuit of its strategic objectives. A. True B. False
3. A winning strategy is one that can pass the ethical standards test, the
strategic intent test, and the profitability test. A. True B. False
4. The major drivers of unethical business behavior include greed, pervasive
managerial immorality, and a general lack of scruples on the part of top
executives regarding how customers and suppliers should be treated. A. True B. False
5. Corporate strategy should be based on a flexible strategic vision and mission. A. True B. False
6. Good strategy execution active participants in the execution process.
A. requires a team effort with managers with strategy-executing
responsibility and making all employees.
B. requires getting things done effectively and efficiently.
C. allows companywide performance measures to be met.
D. requires middle and lower-level managers to ensure strategy-critical
activities are successfully implemented. E. All of these
7. Acquisition of an existing business is an attractive strategy option for
entering a promising new industry because it.
A. A is an effective way to hurdle entry harriers, is usually quicker than
trying to launch a new start-up operation and allows the acquirer