a. 11. The Peter Principle has wide application in: developing the strategic plan b. promotions building a credible strategic group map d. none of these are relevant applications 12. What happens immediately to the stock price of the firm in an acquisition? a. Acquiring firms atock price rises: acquired tim falla b. Both acquired and acquiring stocks rise c. It depends on the economy of the country d. Acquiring firm stock falls; acquired tim rises 13. An example of a tactical action taken by a firm would be: a. Launching an advertising program for a product b. Doubling the size of the firm and its resources c. Initiating a major TOM program throughout the entire firm d. None of the above applies 14. If a firm has more weaknesses than strengths and more opportunities than threats, it should be pursuing which type of competitive strategy? a. defensive b. diversification c. aggressive d. turn around Serves as a means of 15. The market for corporate control governance when: a. b. the value of the firm is too great. internal controls have failed and the firm is weak the corporation has exceeded performance expectations too much. the top management team interests and the Board of Director's interests are not aligned d