26)

Based on the Management in Action case and what you know about SWOT analysis, the entrance of PepsiCo and Coca-Cola into the sparkling water market presents La Croix with an organizational

Multiple Choice

• weakness.

• strength.

• threat.

• opportunity.

27)

As a newer employee, you can better ________ by proactively seeking mentoring, joining the job rotation program, or attending cross-functional meetings.

Multiple Choice

• make decisions

• show commitment

• understand the business

• navigate cross-cultural interactions

28)

Cooper Technologies is a technology company that offers many IT services in Chicago. The companys services and products include computer training, support, monitoring, repair, network design, virus removal, and software upgrades. It even sells refurbished computers. The source of Cooper Technologies strategic position is

Multiple Choice

• low-profit margin and many customers.

• broad needs and few customers.

• broad needs and many customers.

• high-profit margin and many customers.

29)

Best Bottling is a beverage copacking company that contracts its beverage manufacturing services to small and upstart beverage brands. The leaders of Best Bottling have been updating their official statements to make it clear to customers that Best Bottling values customer service, product quality, and on-time order delivery. Best Bottling is at which step in the strategic management process?

Multiple Choice

• Step 1: Establish the mission, vision, and values statements.

• Step 2: Assess the current reality.

• Step 3: Formulate the grand strategy.

• Step 4: Implement the strategy.