Question: Strategic control is important because_______. it is difficult to know how well the firm is performing without it the organization's environment is uncertain and always
- Strategic control is important because_______.
- it is difficult to know how well the firm is performing without it
- the organization's environment is uncertain and always changing
- lower-level managers need an effective means of providing feedback to top management
- A & B only
- Analyzers_______.
-
- seek first-mover advantages
- control a distinct segment of the market
- display some of the characteristics of both prospectors and defenders
- none of the above
- The notion of a profit centre is consistent with which form of organizational structure?
- functional structure
- product divisional
- geographic divisional structure
- matrix structure
- Modifying the structure of the organization and/or the business model to improve competitiveness is consistent with_______.
- the low-cost strategy
- the focus strategy
- the differentiation strategy
- the low-cost-differentiation strategy
- Emerging markets are often more attractive than developed ones because_______.
-
- competition is not as intense
- consumer incomes in emerging markets are not a concern
- the infrastructure in emerging markets is already developed
- none of the above
- Physical resources include_______.
- production facilities
- plant locations
- production capacity
- all of the above
- Which type of alternative is always defensive in nature?
- strength-opportunity
- strength-threat
- weakness-opportunity
- weakness-threat
- Top-down change efforts_______.
- are not always successful
- can be augmented through employee participation
- are not necessarily more effective than bottom-up efforts
- all of the above
- A lack of values and ways of thinking in a firm characterize_______.
- strong culture
- weak culture
- organizational culture
- none of the above
- In order to contribute to sustained competitive advantage, firm resources should be__________.
- valuable and rare
- not subject to perfect imitation
- without strategically relevant resources
- all of the above
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