Graduate Strategic Management
Quiz 5 Comprehensive
Practice Review
Implementation, Leadership, Entrepreneurship
& Strategic Control
Georgia Institute of Technology
Scheller College of Business
50 Multiple-Choice Questions | Complete Solutions
2026-2027 Aligned | AACSB Standards
Practice questions for academic review purposes only. Based on publicly available graduate
management curriculum standards and contemporary strategy frameworks.
, MGT 6655 Quiz 5 | Practice Review | 2026
Table of Contents
1. Section 1: Strategy Implementation & Organizational Design (Q1-Q10) 3
2. Section 2: Strategic Leadership & Executive Roles (Q11-Q20) 6
3. Section 3: Corporate Entrepreneurship & Internal Corporate Venturing (Q21-Q30) 9
4. Section 4: Strategy Evaluation, Control & Balanced Scorecard (Q31-Q40) 12
Section 5: Integrated Capstone: Complex Case Analysis & Strategic Decision-Making
5. 15
(Q41-Q50)
Quick Reference: Answer Key
1.D 2.C 3.B 4.B 5.B 6.B 7.B 8.C 9.B 10.B 11.B 12.B 13.B 14.B 15.B 16.B 17.B 18.C 19.B 20.B 21.B 22.B 23.B 24.B
25.B 26.C 27.B 28.B 29.B 30.C 31.B 32.D 33.B 34.C 35.B 36.B 37.B 38.A 39.B 40.B 41.B 42.B 43.B 44.B 45.B
46.B 47.B 48.B 49.B 50.B
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, MGT 6655 Quiz 5 | Practice Review | 2026
Section 1: Strategy Implementation & Organizational Design (Q1-Q10)
Q1: According to the McKinsey 7-S framework, which of the following is classified as a "soft" element
that is typically more difficult to change and deeply embedded in the company's history?
A. Strategy
B. Structure
C. Systems
D. Shared Values ✔ [CORRECT]
Correct Answer: D
Rationale: Shared values (culture) are the foundational "soft" element that shapes the organization's identity; strategy,
structure, and systems are "hard" elements that management can more easily identify and alter.
Q2: A firm pursuing a related diversification strategy is most likely to benefit from which organizational
structure?
A. Simple structure
B. Functional structure
C. Multidivisional (M-form) structure with corporate and divisional offices ✔ [CORRECT]
D. Network/virtual structure
Correct Answer: C
Rationale: The multidivisional (M-form) structure allows corporate-level management to oversee related business units,
facilitating the sharing of activities and transfer of core competencies (economies of scope) while maintaining divisional
focus.
Q3: When a company's organizational culture strongly supports its current strategy, but the external
environment shifts dramatically, requiring a completely new strategic direction, the culture becomes:
A. A sustained competitive advantage
B. A core rigidity and a liability ✔ [CORRECT]
C. An ambidextrous capability
D. A structural buffer
Correct Answer: B
Rationale: A strong culture that is misaligned with a new strategic reality acts as a core rigidity, creating resistance to
change and hindering the firm's ability to adapt to environmental shifts.
Q4: Which organizational structure is most likely to result in duplication of activities, increased costs,
and a potential "turf war" among divisional managers?
A. Functional structure
B. Multidivisional (M-form) structure ✔ [CORRECT]
C. Matrix structure
D. Simple structure
Correct Answer: B
Rationale: The M-form structure can lead to duplication of functions (e.g., separate HR or IT for each division) and
foster competition for corporate resources among divisional managers, potentially leading to turf wars.
Q5: To successfully implement a cost leadership strategy, a firm's control and reward systems should
primarily emphasize:
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