MGMT 478 exam 2 questions UPDATED ACTUAL Questions And Correct Answers
C
Terms in this set (34)
a collaborative advantage is created by c. strategic alliance
a. diversification
b. acquisition
c. strategic alliance
d. internal development
when a firm is able to sell its products above the existing a. market power
competitive level and/or reduce the costs of primary and
support activities below the existing level
a. market power
b. financial economies
c. economies of scale
d. value added strategy
forward integration exists when a company c. owns its own source of distribution
a. competes with its own SBUs
b. produces its own inputs
c. owns its own source of distribution
d. reduces the costs of support activities
cost savings a firm creates by successfully sharing or economies of scope
transferring one or more of its corporate level
competencies
financial economies are cost savings realized through b. improved allocations of financial resources inside and/or outside the firm
a. vertical integration
b. improved allocations of financial resources inside
and/or outside the firm
c. transferring one or more core competencies
d. conducting business through e-commerce
basic factors, specialized factors, generalized factors, b. production
and advanced factors are the four factors of
a. diversification
b. production
c. distribution
d. integration
the international strategy that seeks national multidomestic
responsiveness through product design and/or marketing
, down scoping is d. the diversification, spin off, or some other means of eliminating businesses that
are unrelated to the company's core business
a. reducing a firm's resources and capabilities and its
ability to compete in the market place
b. when a party buys all of a firm's assets in order to take
the firm private
c. outsourcing non-essential support activities
d. the diversification, spin off, or some other means of
eliminating businesses that are unrelated to the
company's core business
there are two types of organizational control: strategic financial controls
controls and _________
the process where a potential acquirer evaluates the due diligence
target firm
which of the following statements is true b. strategy has a greater influence on the organization than structure
a. structure and strategy have an equal influence on an
organization
b. strategy has a greater influence on the organization
than structure
c. structure has a greater influence on an organization
than strategy
d. neither strategy nor structure has much of an influence
on an organization
Alfred Chandler proposed that firms grow in a c. volume, geography, integration, product or market diversification
predictable fashion
a. volume, geography, spatial diversification, integration
b. geography, product lines, integration, differentiation
c. volume, geography, integration, product or market
diversification
d. volume, geography, integration, corporate structure
a strategy where the target firm does not solicit the takeover
acquiring firm's bid
which of the following is not a benefit of the M-Form c. fosters specific specialization
a. improves the allocation of resources
b. motivates
c. fosters specific specialization
d. simplifies control
C
Terms in this set (34)
a collaborative advantage is created by c. strategic alliance
a. diversification
b. acquisition
c. strategic alliance
d. internal development
when a firm is able to sell its products above the existing a. market power
competitive level and/or reduce the costs of primary and
support activities below the existing level
a. market power
b. financial economies
c. economies of scale
d. value added strategy
forward integration exists when a company c. owns its own source of distribution
a. competes with its own SBUs
b. produces its own inputs
c. owns its own source of distribution
d. reduces the costs of support activities
cost savings a firm creates by successfully sharing or economies of scope
transferring one or more of its corporate level
competencies
financial economies are cost savings realized through b. improved allocations of financial resources inside and/or outside the firm
a. vertical integration
b. improved allocations of financial resources inside
and/or outside the firm
c. transferring one or more core competencies
d. conducting business through e-commerce
basic factors, specialized factors, generalized factors, b. production
and advanced factors are the four factors of
a. diversification
b. production
c. distribution
d. integration
the international strategy that seeks national multidomestic
responsiveness through product design and/or marketing
, down scoping is d. the diversification, spin off, or some other means of eliminating businesses that
are unrelated to the company's core business
a. reducing a firm's resources and capabilities and its
ability to compete in the market place
b. when a party buys all of a firm's assets in order to take
the firm private
c. outsourcing non-essential support activities
d. the diversification, spin off, or some other means of
eliminating businesses that are unrelated to the
company's core business
there are two types of organizational control: strategic financial controls
controls and _________
the process where a potential acquirer evaluates the due diligence
target firm
which of the following statements is true b. strategy has a greater influence on the organization than structure
a. structure and strategy have an equal influence on an
organization
b. strategy has a greater influence on the organization
than structure
c. structure has a greater influence on an organization
than strategy
d. neither strategy nor structure has much of an influence
on an organization
Alfred Chandler proposed that firms grow in a c. volume, geography, integration, product or market diversification
predictable fashion
a. volume, geography, spatial diversification, integration
b. geography, product lines, integration, differentiation
c. volume, geography, integration, product or market
diversification
d. volume, geography, integration, corporate structure
a strategy where the target firm does not solicit the takeover
acquiring firm's bid
which of the following is not a benefit of the M-Form c. fosters specific specialization
a. improves the allocation of resources
b. motivates
c. fosters specific specialization
d. simplifies control