MGMT-101 CH. 9, 10,11 || All Accurately Answered.
dynamic correct answers A firm that seeks to be viewed as a portfolio of capabilities, rather than
a portfolio of specific businesses is focused on its ______ capabilities.
-the financial terms of the partnership
-the potential partner's area of expertise
-the incentives involved in the structure of the alliance correct answers To form a successful
partnership, managers should consider ______ when screening potential partners. (check all that
apply)
Which statements about ordinary capabilities are true? correct answers - They involve
administrative coordination
-they can provide temporary competitive advantage
True or false: In a high-involvement organization, top management makes all company
decisions.
True false question. correct answers False
Which of the following is not a way that managers should manage core competencies so the firm
keeps a competitive advantage?
Multiple choice question. correct answers Set goals for profit maximization
The Community Helpers Counseling Center and the Simplified Software Company have recently
joined forces to produce a meal planning program for use on home computers. The two
organizations decided to work together on the project since neither one could have developed the
project with their own resources. This effort could be considered a ______. correct answers
Strategic Alliance
Why do companies form strategic alliances? (Check all that apply.) correct answers -to reduce
manufacturing costs
,-to develop new technologies
-to enter new markets
The best alliances are ones ______. correct answers in which the partners manage their internal
stakeholders
Oscar, the CEO of an international Internet security company, seeks input from his top
management team and from lower levels of the company about the direction the company should
take. By doing this, Oscar is building a ______. correct answers high-involvement organization
In a high-involvement organization, top management ensures that ______. correct answers there
is continual feedback to participants
When managers accumulate the right resources, combine them in ways that give the organization
capabilities, and leverage or exploit their resources they are managing _____. correct answers
core competencies
Large organizations are typically more ______. correct answers bureaucratic
Strategic alliances are sometimes formed between ______. correct answers -universities
-governments
-firms & competitors
As organizations grow larger, they become more complex. In order to deal with this complexity,
larger organizations tend to adopt ______ structures. correct answers bureaucratic
Because they enable companies to move faster and more efficiently, ______ are often formed to
enter new markets or develop new technologies. correct answers strategic alliances
Select the advantages of large-size organizations. correct answers -greater purchasing power
,-lower operating costs
-easier access to capital
To form a successful partnership, managers should consider ______ when screening potential
partners. correct answers -the incentives involved in the structure of the alliance
-the potential partner's area of expertise
-the financial terms of the partnership
The organizational form of a high-involvement organization is ______. correct answers
relatively flat and decentralized
Organizations need to be able to respond effectively to their environments. One of the most
important factors that influence an organization's ability to do this is ______. correct answers
size
When a firm has the purchasing power to buy merchandise in larger volumes and sell it at lower
prices than its competitors, it is benefiting from ______. correct answers economies of scale
Large organizations are harder to control because ______. correct answers jobs become more
specialized and complex
Following World War II, organizations that grew into large companies focused on ______ correct
answers high-volume, lost-cost manufacturing methods
Huge, complex organizations can be difficult to manage because ______. correct answers -
bureaucracy can run rampant
-too much success can breed complacency
-future growth is complicated
, What allows firms to compete with large foreign rivals by using materials and processes from
one product to make others? correct answers economies of scope
Diseconomies of scale lead to new organizational problems, such as administrative difficulties
that inhibit ______. correct answers efficient performance
As companies grow larger, and their market share increases, customers may begin to view their
products as ______. correct answers having lower quality
An advantage of small firms over larger ones is their ______. correct answers agility
True or false: When it comes to company size, bigger is always better. correct answers false
Large organizations benefit from ______. correct answers -economies of scale
-economies of scope
One way to cope with issues of growth and size is to allow work units to make and implement
choices. This is known as ______. correct answers decentralizing decision making
Unilever is a large company with several organizations selling different product lines in each
country in which it conducts business. Until a short while ago, Unilever was run by two CEOs.
Being so large has made it difficult for Unilever to respond quickly to the changing market. This
is known as ______. correct answers diseconomies of scale
Which are common approaches to downsizing? correct answers -eliminating functions
-replace FT employees w/PT or temps
The unique potential strengths of the small firm, as opposed to large firms, include ______.
correct answers -flexibility
-responsiveness
dynamic correct answers A firm that seeks to be viewed as a portfolio of capabilities, rather than
a portfolio of specific businesses is focused on its ______ capabilities.
-the financial terms of the partnership
-the potential partner's area of expertise
-the incentives involved in the structure of the alliance correct answers To form a successful
partnership, managers should consider ______ when screening potential partners. (check all that
apply)
Which statements about ordinary capabilities are true? correct answers - They involve
administrative coordination
-they can provide temporary competitive advantage
True or false: In a high-involvement organization, top management makes all company
decisions.
True false question. correct answers False
Which of the following is not a way that managers should manage core competencies so the firm
keeps a competitive advantage?
Multiple choice question. correct answers Set goals for profit maximization
The Community Helpers Counseling Center and the Simplified Software Company have recently
joined forces to produce a meal planning program for use on home computers. The two
organizations decided to work together on the project since neither one could have developed the
project with their own resources. This effort could be considered a ______. correct answers
Strategic Alliance
Why do companies form strategic alliances? (Check all that apply.) correct answers -to reduce
manufacturing costs
,-to develop new technologies
-to enter new markets
The best alliances are ones ______. correct answers in which the partners manage their internal
stakeholders
Oscar, the CEO of an international Internet security company, seeks input from his top
management team and from lower levels of the company about the direction the company should
take. By doing this, Oscar is building a ______. correct answers high-involvement organization
In a high-involvement organization, top management ensures that ______. correct answers there
is continual feedback to participants
When managers accumulate the right resources, combine them in ways that give the organization
capabilities, and leverage or exploit their resources they are managing _____. correct answers
core competencies
Large organizations are typically more ______. correct answers bureaucratic
Strategic alliances are sometimes formed between ______. correct answers -universities
-governments
-firms & competitors
As organizations grow larger, they become more complex. In order to deal with this complexity,
larger organizations tend to adopt ______ structures. correct answers bureaucratic
Because they enable companies to move faster and more efficiently, ______ are often formed to
enter new markets or develop new technologies. correct answers strategic alliances
Select the advantages of large-size organizations. correct answers -greater purchasing power
,-lower operating costs
-easier access to capital
To form a successful partnership, managers should consider ______ when screening potential
partners. correct answers -the incentives involved in the structure of the alliance
-the potential partner's area of expertise
-the financial terms of the partnership
The organizational form of a high-involvement organization is ______. correct answers
relatively flat and decentralized
Organizations need to be able to respond effectively to their environments. One of the most
important factors that influence an organization's ability to do this is ______. correct answers
size
When a firm has the purchasing power to buy merchandise in larger volumes and sell it at lower
prices than its competitors, it is benefiting from ______. correct answers economies of scale
Large organizations are harder to control because ______. correct answers jobs become more
specialized and complex
Following World War II, organizations that grew into large companies focused on ______ correct
answers high-volume, lost-cost manufacturing methods
Huge, complex organizations can be difficult to manage because ______. correct answers -
bureaucracy can run rampant
-too much success can breed complacency
-future growth is complicated
, What allows firms to compete with large foreign rivals by using materials and processes from
one product to make others? correct answers economies of scope
Diseconomies of scale lead to new organizational problems, such as administrative difficulties
that inhibit ______. correct answers efficient performance
As companies grow larger, and their market share increases, customers may begin to view their
products as ______. correct answers having lower quality
An advantage of small firms over larger ones is their ______. correct answers agility
True or false: When it comes to company size, bigger is always better. correct answers false
Large organizations benefit from ______. correct answers -economies of scale
-economies of scope
One way to cope with issues of growth and size is to allow work units to make and implement
choices. This is known as ______. correct answers decentralizing decision making
Unilever is a large company with several organizations selling different product lines in each
country in which it conducts business. Until a short while ago, Unilever was run by two CEOs.
Being so large has made it difficult for Unilever to respond quickly to the changing market. This
is known as ______. correct answers diseconomies of scale
Which are common approaches to downsizing? correct answers -eliminating functions
-replace FT employees w/PT or temps
The unique potential strengths of the small firm, as opposed to large firms, include ______.
correct answers -flexibility
-responsiveness
