Chapter 8 – Strategic Management
True/Fal Questions
3. The first step in the strategic management process is analyzing the external environment.
Fal (difficult)
6. Within an industry, an environment can prent opportunities to one organization and po threats to another.
True (moderate)
11. The final step in the strategic management process is implementing the objectives.
Fal (difficult)
consider的用法TYPES OF ORGANIZATIONAL STRATEGIES
12. Corporate-level strategies are developed for organizations that run more than one type of business.
True (moderate)
21. The business group that is characterized by having low growth but high market share is known as a cash cow.
进展英文 True (moderate)
23. According to the Boston Consulting Group matrix, question marks are business that generate large amounts of cash, but their prospects for future growth are limited?
Fal (moderate)
27.lateron According to Porter's competitive strategies framework, the cost leadership strategy would result in the best quality product at a justifiable cost.
Fal (difficult)
Multiple Choice
38. The strategic management process is divided into which of the following ctions?
a. planning, implementation, and evaluation (easy)
b. problem identification, planning, and implementation
c. implementation, evaluation, and restructuring
d. mission statement, environmental evaluation, and specific goals
e. mission statement, environmental scoping, and evaluation
39. In the strategic management process, the ______________ defines the organizational purpo and answers the question: "What is our reason for being in business?"
a. objective
b. evaluation
c. strategyquit是什么意思中文
d. mission (easy)
e. values statement
41. Which of the following is not an example of an organization's mission?
a.We believe our first responsibility is to doctors, nurs and patients, to mothers and all others who u our products and rvices. (Johnson & Johnson).
b.AMAX's principal products are molybdenum, coal, iron ore, copper, lead, zinc, petroleum and natural gas, potash, phosphates, nickel, tungsten, silver, gold, and magnesium.
c.We at Xeren want to increa market share by 10% during the next fiscal year. (difficult)
d.We are dedicated to the total success of Corning Glass Works as a worldwide competitor.
e.Hoover Universal is a diversified, multi-industry corporation with strong manufacturing capabilities, entrepreneurial policies, and individual business unit autonomy.
44. Which of the following is 无论如何的英文not part of the organization's external environment?
a. what competition is doing
b. pending legislation that might affect the organization
法拉第电磁感应现象 c. consumer trends
d. employees' education level (moderate)
e. labor supply
45. What step in the strategic management process follows analyzing the external environment?
a. identifying opportunities and threats (moderate)
shields
b. mission statement
c. evaluation
d. identifying strengths and weakness
e. formulating strategies
50. What step in the strategic management process follows analyzing the organization's resources?
a. identifying opportunities and threats
b. formulating strategy
c. mission statement
d. implementing strategy
e. identifying strengths and weakness (easy)新东方英语在线学习
55. In the strategic management process, what step comes prior to evaluating results?
a. identifying strengths and weakness
b. formulating strategies
c. identifying opportunities and threats
d. implementing strategies (easy)
f.analyzing the organization's resources
56. What is the final step in the strategic management process?
a. mission statement
b. identifying opportunities and threats
c. implementing strategies
d. analyzing the organization's resources
e. evaluating results (easy)
60. Which of the following is one level of strategic planning in large companies?
a. management level
b. financial level
c. staff level
d. corporate level (easy)
e. systems level
62. Lower level managers in an organization are typically responsible for which of the following types of strategies?
a.functional-level strategies
b.business-level strategies
c.corporate-level strategies
d.中外合作办学大学名单mergers and acquisitions
63. Which of the following is associated with corporate-level strategies?
a. They are needed if your organization is in more than one type of business. (moderate)
hot chick b. They answer: "How should our business compete?"
