Which is an example of backward integration?

Select one or more:

a.Netflix acquiring a TV studio involved in content production

b.Netflix acquiring its competitor Hulu

c.Netflix acquiring a chain of retail kiosks to distribute its DVDs

d.Netflix acquiring a manufacturer of smart phones and Tablets

e.Netflix Acquiring Hulu or Spotify

A firm in several lines of business that are somehow related should employ a _________________ structure

Select one or more:

a.multidivisional

b.functional

c.geographical

d.organizational

e.strategic

Some of the key physical attributes of organizational structure include all the aspects except

Select one or more:

a.extent of centralization

b.extent of formalization

c.number of hierarchical levels

d.type of leadership

e.number of departments

The Apple iPod is an example of a __________ innovation, while iTunes is an example of a __________ innovation

Select one or more:

a.Product, service

b.continuous, breakthrough

c.breakthrough, continuous

d.disruptive , routine

e.product, process

The 2011 Japanese earthquake and tsunami would trigger what kind of control?

Select one or more:

a.Strategic surveillance

b.Implementation control

c.Special alert control

d.Premise control

e.Performance control

PowerFund is a long-standing brokerage firm with a great history of high returns and well-managedgrowth. The managers at PowerFund repeatedly refer to terms like "quality," "growth," and "reliability" in the firm's advertisements. This demonstrates managers':

Select one or more:

a.dissemination of stories and legends about core values.

b.emphasis on key themes or dominant values.

c.building time into the organization.

d.managing the firm globally.

e.Core competences.

"To achieve our vision, how will we sustain our ability to change and improve" is part of which perspective in the Balanced Scorecard?

Select one or more:

a.Financial

b.Customer

c.Learning and Growth

d.Internal Business Process

e.Environmental

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.

Select one or more:

a.Abandonment reviews

b.Strategic implementation

c.Strategic thrusts

d.Milestone review

e.Special alert controls

Which of the following isNOTa primary source from which an organization's culture is ultimately derived?

Select one or more:

a.The actual experience people in the organization have had working out problems

b.The influence of the business environment and industry

c.Opinions written by experts outside the organization

d.The pattern of assumptions that founders, leaders and other employees bring with them

e.The crisis experiences that the organization faces and how they cope with it

The major disadvantages of a geographical structure include:

Select one or more:

a.it sharply focuses on accountability for performance

b.it retains the functional specialization within each region

c.it eliminates regional autonomy

d.it creates duplication of functional areas within regions

e.It allows for regional autonomy

Safety programs, employee stock options, and worker representation on management committees are all commonly directed toward achieving which type of long term objective

Select one or more:

a.Public responsibility

b.productivity

c.Employee relations

d.employee development

e.Competitive position

All of the following are a part of the McKinsey 7 S Framework for effective implementation except

Select one or more:

a.structure and systems

b.shared values

c.styles and staff

d.sales and surveillance

e.skills

If X-Corp.'s car polish division has committed to a 30 percent gain in revenue over six years, they must consider the specific target in revenue during the current quarter to indicate they are making appropriate progress. This smaller objective for the fiscal quarter is called a:

Select one or more:

a.Short-term objective.

b.Short-term technique.

c.Long-term objective.

d.Strategic goal.

e.Strategic objective.

Which of the following is NOT a good example of a short- term objective

Select one or more:

a.30% market share

b.Maintain a 0.15 debt to equity ratio next year

c.Increase direct sales to 90% next year

d.Decrease labor costs to 10% of the total manufacturing cost by December 2019.

e.Achieve a quick ratio of 1.8 by 12/31/19

The strategic advantages of a functional structure include except:

Select one or more:

a.retention of centralized control over strategic decisions

b.development functional expertise within the organization

c.development of functional "silos" within the organization

d.Tight Links between strategy and structure

e.Delegation of day to day decisions

Vertical integration as a strategy is appropriate when:

Select one or more:

a.a company is looking to lower its cost structure upstream from suppliers or downstream from the distribution channels

b.a company management wants to correct weaknesses in a functional strategies

c.horizontal integration cannot be accomplished

d.suppliers and buyers are weak

e.none of the above

A firm with a strategic goal of reducing executive turnover would use _________ to provide an incentive for longer executive tenure.

Select one or more:

a.cash

b.stock options

c.golden parachutes

d.golden handcuffs

e.A combination of Cash and Superior Benefits.

Which of the following executive bonus plans is the "best match" for a company whose strategic goals is to defend against unfriendly takeovers

Select one or more:

a.golden handcuffs

b.restricted stock plan

c.golden parachutes

d.stock option plan

e.cash bonus

A Broad based Low cost strategy is characterized by

Select one or more:

a.Strong basic R&D, reputation for high quality material

b.Excellent process engineering and intensive supervision of labor

c.Co-operative advertising by the distributors

d.Excellent Process Engineering, intensive labor supervision, and Co-operative advertising by distributors

e.Strong basic R&D, reputation for high quality material and co-operative advertising by distributors.

Which of the following best illustrates unrelated diversification?

Select one or more:

a.Ford motor company acquiring Hertz Rent a car

b.Dell computers acquiring a company that does data storage like EMC

c.A manufacturer of electronic components acquiring a stereo equipment manufacturer

d.A manufacturer of snack foods acquiring a producer of waterbeds

e.A major bank acquiring a stock brokerage firm

________________________ is eliminating a number of employees, particularly middle management in a company

Select one or more:

a.reengineering

b.strategizing

c.downsizing

d.outsourcing

e.none of the above

Jason is highly committed to he does for his company and also what he wants to do with his company in the future. It can be stated that Jason has

Select one or more:

a.A leader's peseverance

b.A leader's passion

c.Organizational Leadership Capabilities

d.A Leader's Passion

e.avoiding the appearance of being demanding, arrogant or being hard to get along

According to Clayton Christensen, ________ are incremental innovations that improve product or process performance

Select one or more:

a.retraining technologies

b.enabling technologies

c.sustaining technologies

d.disruptive technologies

e.operational technologies

When the diversity, size, and number of units continue to increase, it may become necessary to ________ in order to improve implementation, promote synergy, and gain greater control over the diverse business interests.

Select one or more:

a.eliminate at least one level of management

b.revert to a functional structure

c.add another layer of management

d.further delegate

e.further assimilate

If Liz Claiborne produces fragrances and accessories for the young working womanfor whom it currently produces formal and casual wear, this strategy can be considered as

Select one or more:

a.market development

b.product development

c.concentrated growth

d.joint venture

e.innovation

The nine-cell GE matrix is an improvement over the four cell BCG matrix because:

Select one or more:

a.it allows more businesses to be included in the portfolio analysis

b.it incorporates explicit consideration of a wider variety of strategically relevant variables

c.it eliminates the need to consider average businesses

d.it creates fewer types

e.It incorporates explicit consideration of a wider variety of strategically relevant variables and allows for a finer distinction in categorizing businesses