m
df
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,DOWNLOAD THE Test Bank for Cost Management Strategic Emphasis 7th Editi
m m m m m m m m m m
on Blocher m
Chapter 02 m
m Implementing Strategy: The Value Chain, the Balanced Scorecard and
m m m m m m m m
the Strategy Map
m m
Multiplem Choicem Questions
1. InmSWOTmanalysis, mstrengths mand mweaknesses maremmost measily midentif ied mby mlooking:
A. Atmthemf irmmas mampotentialmcustomer.
B. Insidemthemf irmmat mits mspecif ic mresources.
C. Atmthemf irm's mcompetition.
D. Atmthemf irm's mproduct.
E. Outsidemthemf irmmf rommamconsultant's mperspective.
2. InmSWOTmanalysis, mopportunities mand mthreats maremidentif ied mby:
A. Consultationmwithmmiddlemmanagement.
B. Talking mwithmthemrank mand mf ilemworkers.
C. Looking moutsidemthemf irm.
D. Brainstorming mtechniques.
E. Reviewing mourmcorporatemstrategy.
2-1
Copyrightm©m2016 mMcGraw-
HillmEducation. mAllmrights mreserved. mNo mreproduction mor mdistribution mwithoutmthemprior mwritten mconsentmof m McGraw-
HillmEducation.
mynursytest.store
, DOWNLOAD THE Test Bank for Cost Management Strategic Emphasis 7th Editi
m m m m m m m m m m
on Blocher m
3. Whichmof mthemf ollowing mdoes mnotmrepresent mampossiblemopportunity mformammanuf acturing mfirmm
as mampart mof mSWOTmanalysis?
A. Demographic mtrends.
B. Technologicalmadvances minmthemindustry.
C. Ampatent mdeveloped mby manothermf irmmf ormmanuf acturing mamproduct.
D. Changes minmregulationmof mthemindustry.
E. Changes minmthemeconomic menvironment mf acing mallmindustries.
4. Thembalanced mscorecard:
A. Is mnot mcomprehensive, msincemit mdoesn't mincludemallmthemcriticalmsuccess mfactors mwhichmcontribut
emto mcompetitivemsuccess.
B. Helps mf ocus mmanagers' mattentionmto mbottommlinemprof its.
C. Is mf orward mlooking, mstressing mnonf inancialmmeasures mthat mcanmlead mto mbenef its minmthemf uture.
D. Fails mto mref lect menvironmentalmand msocialmef f ects mof mthemf irm's moperations.
E. Is mheavily mweighted mtoward mthemf inancialmcriticalmsuccess mf actors.
5. Thembalanced mscorecard mcanmbemmademmoremef fectivemby mdeveloping mitmat mamdetailmlevelmso
m that memployees:
A. Canmseemhowmit mis mput mtogether.
B. Appreciatemallmthemef f ort mthat mgoes minto mits mpreparation.
C. Respect mmanagement mf ormincluding mthemminmits mf ormulation.
D. Canmseemhowmtheirmactions mcontributemto mthemsuccess mof mthemf irm.
E. Do mnot mf eelmlef t mout.
2-2
Copyrightm©m2016 mMcGraw-
HillmEducation. mAllmrights mreserved. mNo mreproduction mor mdistribution mwithoutmthemprior mwritten mconsentmof m McGraw-
HillmEducation.
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