Question: 2 6 . The controlling function of management is especially important for effective strategy evaluation.A ) TRUEB ) FALSE 2 7 . Bargaining power of

26. The controlling function of management is especially important for effective strategy evaluation.A) TRUEB) FALSE27. Bargaining power of consumers is usually the most powerful of Porter's five competitive forces.A) TRUEB) FALSE28. A cost leadership strategy can be especially effective when most buyers use the product in the same ways.A) TRUEB) FALSE29. Conservative strategies in a SPACE Matrix most often include product development, market development, market penetration, and related diversification.A) TRUEB) FALSE30. Tasks and activities are grouped together by business function in a divisional organizational structure.A) TRUEB) FALSE31. There are five component variables in the marketing mix: product, place, promotion, price, and people.A) TRUEB) FALSE32. Additional capital is often required for successful strategy implementation.A) TRUEB) FALSE33. Annual objectives are key components in the strategic-management process because they dictate how resources will be allocated.A) TRUEB) FALSE34. With the matrix structure it is common for functional resources to be duplicated.A) TRUEB) FALSE35) With the rise in world commerce, government regulatory bodies are no longer able to closely monitor foreign business practices.A) TRUEB) FALSE4

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