Question $1\mathrm{.}32$

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$\_\_\_\_\_\_\_\_$ is a historically popular technique through which managers create a quick overview of a company's strategic situation$$it is based on achieving a sound fit between

internal resources and the external situation. $(1)$

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$1.$ Internal analysis

$2.$ External analysis

$3.$ Value chain analysis

$4.$ SWOT analysis

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Question $1\mathrm{.}33$

Safety programs, employee stock option plans and worker representation on management committees are all commonly directed toward achieving which type of long$-$term objectives? $(1)$

$1.$ Employee relations

$2.$ Public responsibility

$3.$ Employee development

$4.$ Competitive positions

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Question $1\mathrm{.}34$

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From the standpoint of strategy formulation, the essential characteristics of an emerging industry is that: $(1)$

$1.$ There are no $$rules of the game$$

$2.$ It is a highly regulated industry

$3.$ The industry lifecycle essentially jumps from introduction directly to decline

$4.$ There are way too many entry barriers

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Question $1\mathrm{.}35$

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$\_\_\_\_\_\_\_\_\_\_\_\_$ is a key characteristic of entrepreneurs. Likewise, time is the most critical resource, used in tandem to virtually "will" a new venture's success at numerous junctures early in its development. $(1)$

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a$.$ Conservatism

b$.$ Freedom

c$.$ Diligence

d$.$ Determination

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Question $1\mathrm{.}36$

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The $\_\_\_\_\_\_\_\_\_\_$ that take place usually involve a full$-$scale reassessment of the strategy and of the advisability of continuing or refocusing the firm's direction. $(1)$

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$1.$ Abandonment reviews

$2.$ Milestone reviews

$3.$ Strategic thrusts

$4.$ Strategic implementation

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Question $1\mathrm{.}37$

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In front$-$line management, creating and pursuing opportunities and managing contiguous performance improvement is an example of the: $(1)$

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$1.$ Integration process

$2.$ Entrepreneurial process

$3.$ Renewal process

$4.$ Innovation process

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Question $1\mathrm{.}38$

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When there is a high potential compatibility of changes with the existing culture and many changes in key organizational factors that are necessary to implement the new strategy: $(1)$

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$1.$ Managers should manage around the culture

$2.$ Managers should reformulate strategy or prepare carefully for long$-$term, difficult

cultural change

$3.$ Managers should link changes to the basic mission and fundamental organisational

norms

$4.$ Managers should focus on reinforcing the culture and achieving synergies

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Question $1\mathrm{.}39$

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The matrix structure: $(1)$

$1.$ Is easy to design and easy to implement

$2.$ Is difficult to design and difficult to implement

$3.$ Is difficult to design, but easy to implement

$4.$ Is easy to design, but difficult to implement

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Question $1\mathrm{.}40$

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Policies establish $\_\_\_\_\_\_\_\_\_\_$ over independent action. $(1)$

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a$.$ Strategic control b$.$ Indirect control c$.$ Direct control

d$.$ Visionary control