Question 50

Saved

A projects half-life is its most critical control point.

Question 50 options:

	a) True
	b) False

Question 51

Saved

A harvest strategy may be used by a company with a low market share in a mature industry.

Question 51 options:

	a) True
	b) False

Question 52

Saved

Blockbuster successfully navigated all three stages of a retrenchment strategy, A) contraction, B) consolidation, and C) growth.

Question 52 options:

	a) True
	b) False

Question 53

Saved

All organizations eventually go through all the stages of the company life cycle.

Question 53 options:

	a) True
	b) False

Question 54

Saved

Toyota is one of the few companies that has successfully achieved both a focus differentiation and a focus cost leader strategy.

Question 54 options:

	a) True
	b) False

Question 55

Saved

No matter the responsibility center assigned to a given manager, that manager will also be controlled by the organizations culture.

Question 55 options:

	a) True
	b) False

Question 56

Saved

The final step of a successful retrenchment strategy is divestment.

Question 56 options:

	a) True
	b) False

Question 57

Saved

McDonalds restaurant company successfully combines a global standardization strategy with a localization strategy.

Question 57 options:

	a) True
	b) False

Question 58

Saved

An international company should continuously seek further operational efficiencies so not to be outflanked by more efficient global competitors.

Question 58 options:

	a) True
	b) False

Question 59

Saved

If Costco were to acquire Panda Express, that would be an example of concentric diversification since both companies sell food products.

Question 59 options:

	a) True
	b) False

Question 60

Saved

Customer responsiveness is positively correlated with customer retention rates and shareholder value.

Question 60 options:

	a) True
	b) False