MAN 4720 (Capstone UCF) FINAL
EXAM STUDY GUIDE 2026/2027
ACCURATE QUESTIONS WITH
CORRECT DETAILED SOLUTIONS ||
100% GUARANTEED PASS
<NEWEST VERSION>
1. Strategic Management - ANSWER ✔ the ongoing process companies use
to form a vision, analyze their external environment and their internal
organization, and select one or more strategies to use to create value for
customers and other stakeholders, especially shareholders
2. What is a generic business strategy?
A. a general way of positioning a firm's business-level strategy within an
industry
B. a general way of positioning a firm's business-level strategy to
penetrate an international market
C. a general strategy that positions your firm in a competitive position
within an industry
D. all of the above - ANSWER ✔ A
3. What are the two dimensions on which generic business strategies are
classified?
A. breadth of competitive scope/source of competitive advantage
B. breadth of product line/source of competitive advantage
C. breadth of competitive scope/extent of vertical integration
D. breadth of product line/extent of vertical integration - ANSWER ✔
A
4. Which of the following is not a main generic strategies?
, A. cost leadership
B. differentiation
C. focused low cost
D. focused penetration - ANSWER ✔ D
5. Which of the following is an example of one of the main generic strategies?
A. differentiation
B. diversification
C. focused low cost
D. cost abandonment
E. B&C
F. A & C - ANSWER ✔ F
6. T/F: In a matrix structure, there is only one line of authority. - ANSWER
✔F
7. Which of the following is a benefit of matrix structure?
A. can cause confidence and reduces the risk of intense power struggles
B. provides professionals with a broader range of responsibility and
experience
C. reduces the amount of time in which decisions are made
D. all of the above - ANSWER ✔ B
8. Which of the following is a disadvantage of matrix structure?
A. working relationships become more complicated
B. burdens professionals with more responsibilities
C. multiple lines of authority intersect
D. all of the above - ANSWER ✔ A
9. What is strategic control?
A. set of shared values and beliefs across the organization that shape
norms
B. process of monitoring and updating the strategy to maximize the
performance of the firm
, C. when a company gets involved in new portions of the value chain
D. a process that helps executives make decisions involving their
companies' various industries - ANSWER ✔ B
10.Under strategic control, _____________ control refers to the ongoing
assessment of whether the firm's strategy is still producing tangible results.
A. output
B. behavioral
C. clan
D. structure - ANSWER ✔ A
11.Under strategic control, _____________ control refers to the use of control
levers to influence the actions of employees.
A. output
B. behavioral
C. clan
D. structure - ANSWER ✔ B
12.Ethics are innate (internal) to each person and so it is difficult to teach
people to be more ethical.
True
False - ANSWER ✔ False
13.Autonomy, Beneficence, and maximizing value are priorities for all CEOs in
terms of maximizing shareholder value
True
False - ANSWER ✔ False
14.Is it right, is it fair, and who gets hurt are the types of questions you would
ask if you are deliberating
An ethical issue
, A performance Review
A Product Review
A Customer Review - ANSWER ✔ An ethical issue
15.Financial reports such as the income statement are so popular because they
provide the best method to evaluate a company's past performance and as
well as its ability to perform in the future.
True
False - ANSWER ✔ False
16.In the Nike Case, Jim Keady wanted Nike to
Make more affordable shoes
Close down its foreign factories and make more shoes in North America
Treat its employees more fairly in the USA
Be accountable for how its foreign suppliers treated their employees
Compete better with Chinese shoe makers - ANSWER ✔ Be accountable for
how its foreign suppliers treated their employees
17.Laws and ethics are both essentially about limits on our behavior
True
False - ANSWER ✔ False
18.Hamel and Prahalad have developed a model that can help managers assess
how and when they should expand beyond their current market or industry.
They find that it is useful to view a company as
portfolio of resources.
EXAM STUDY GUIDE 2026/2027
ACCURATE QUESTIONS WITH
CORRECT DETAILED SOLUTIONS ||
100% GUARANTEED PASS
<NEWEST VERSION>
1. Strategic Management - ANSWER ✔ the ongoing process companies use
to form a vision, analyze their external environment and their internal
organization, and select one or more strategies to use to create value for
customers and other stakeholders, especially shareholders
2. What is a generic business strategy?
A. a general way of positioning a firm's business-level strategy within an
industry
B. a general way of positioning a firm's business-level strategy to
penetrate an international market
C. a general strategy that positions your firm in a competitive position
within an industry
D. all of the above - ANSWER ✔ A
3. What are the two dimensions on which generic business strategies are
classified?
A. breadth of competitive scope/source of competitive advantage
B. breadth of product line/source of competitive advantage
C. breadth of competitive scope/extent of vertical integration
D. breadth of product line/extent of vertical integration - ANSWER ✔
A
4. Which of the following is not a main generic strategies?
, A. cost leadership
B. differentiation
C. focused low cost
D. focused penetration - ANSWER ✔ D
5. Which of the following is an example of one of the main generic strategies?
A. differentiation
B. diversification
C. focused low cost
D. cost abandonment
E. B&C
F. A & C - ANSWER ✔ F
6. T/F: In a matrix structure, there is only one line of authority. - ANSWER
✔F
7. Which of the following is a benefit of matrix structure?
A. can cause confidence and reduces the risk of intense power struggles
B. provides professionals with a broader range of responsibility and
experience
C. reduces the amount of time in which decisions are made
D. all of the above - ANSWER ✔ B
8. Which of the following is a disadvantage of matrix structure?
A. working relationships become more complicated
B. burdens professionals with more responsibilities
C. multiple lines of authority intersect
D. all of the above - ANSWER ✔ A
9. What is strategic control?
A. set of shared values and beliefs across the organization that shape
norms
B. process of monitoring and updating the strategy to maximize the
performance of the firm
, C. when a company gets involved in new portions of the value chain
D. a process that helps executives make decisions involving their
companies' various industries - ANSWER ✔ B
10.Under strategic control, _____________ control refers to the ongoing
assessment of whether the firm's strategy is still producing tangible results.
A. output
B. behavioral
C. clan
D. structure - ANSWER ✔ A
11.Under strategic control, _____________ control refers to the use of control
levers to influence the actions of employees.
A. output
B. behavioral
C. clan
D. structure - ANSWER ✔ B
12.Ethics are innate (internal) to each person and so it is difficult to teach
people to be more ethical.
True
False - ANSWER ✔ False
13.Autonomy, Beneficence, and maximizing value are priorities for all CEOs in
terms of maximizing shareholder value
True
False - ANSWER ✔ False
14.Is it right, is it fair, and who gets hurt are the types of questions you would
ask if you are deliberating
An ethical issue
, A performance Review
A Product Review
A Customer Review - ANSWER ✔ An ethical issue
15.Financial reports such as the income statement are so popular because they
provide the best method to evaluate a company's past performance and as
well as its ability to perform in the future.
True
False - ANSWER ✔ False
16.In the Nike Case, Jim Keady wanted Nike to
Make more affordable shoes
Close down its foreign factories and make more shoes in North America
Treat its employees more fairly in the USA
Be accountable for how its foreign suppliers treated their employees
Compete better with Chinese shoe makers - ANSWER ✔ Be accountable for
how its foreign suppliers treated their employees
17.Laws and ethics are both essentially about limits on our behavior
True
False - ANSWER ✔ False
18.Hamel and Prahalad have developed a model that can help managers assess
how and when they should expand beyond their current market or industry.
They find that it is useful to view a company as
portfolio of resources.
