4pa3 case Exam Questions with
Complete Solutions 100% Correct
When assessing the operating performance of a company, a typical Financial
Position indicator includes
a. key expense ratios
b. return on equity
c. leverage ratios
d. market share - CORRECT ANSWER-c. leverage ratios
An enterprise where operational performance is negative and organizational health
is positive is what type of organization?
a. An organization in crisis.
b. A troubled organization.
c. A complacent organization.
d. A healthy organization - CORRECT ANSWER-c. A complacent organization.
In 2007 Apple dropped ―Computer‖ from its name. From a visioning perspective
this is
,an example of
a. revitalization
b. establishing why they exist
c. update a sense of vision
d. carrying out a public relations exercise - CORRECT ANSWER-d. carrying out a
public relations exercise
In the Collins and Porras framework, core values and core purpose need to be
paired with an envisioned future, including a vivid description that is reachable
in
a. 1 to 2 years
b. 3 to 5 years
c. 5 to 10 years
d. over 10 years - CORRECT ANSWER-d. over 10 years
Good vision statements are best described as
a. feasible and challenging
b. feasible and readily implemented
c. desirable and resistant to change
COPYRIGHT ALL RIGHTS RESERVED ©️ 2025
,d. desirable and singular in their purpose - CORRECT ANSWER-a. feasible and
challenging
Failure to translate a vision into a strategy is sometimes known as
a. corporate slide
b. organizational lag
c. faulty implementation
d. strategic drift - CORRECT ANSWER-d. strategic drift
The general manager should set direction, create strategy, implement change, and
control the process.
T/F - CORRECT ANSWER-F
Organizational performance is based on two sets of measures: operational
performance and financial health.
T/F - CORRECT ANSWER-F
Employee turnover is an example of an operating performance measure
T/F - CORRECT ANSWER-T
A good vision statement should be one that is readily achievable.
T/F - CORRECT ANSWER-F
The vision for the organization is intended to provide direction and guidance.
, T/F - CORRECT ANSWER-F
Strategy is about inspiring and motivating an organization.
T/F - CORRECT ANSWER-F
The four components of the strategy model are
a. goals, products, markets, and activities
b. financial resources, goals, markets, and products
c. focus, goals, activities, and financial resources
d. value, goals, focus, and activities - CORRECT ANSWER-d. value, goals, focus,
and activities
A pure play corporate strategy will likely occur
a. where between 70 and 95% of revenue comes from a single business unit
b. where less than 70% of revenues comes from a dominant business
c. a pure play will only exist in companies with multiple business units
d. when at least 95% of company revenues comes from one business unit -
CORRECT ANSWER-d. when at least 95% of company revenues comes from
one business unit
McCain's approach to build a competitive differentiation and advantage in its
worldwide french-fried potato business can be described as
COPYRIGHT ALL RIGHTS RESERVED ©️ 2025
Complete Solutions 100% Correct
When assessing the operating performance of a company, a typical Financial
Position indicator includes
a. key expense ratios
b. return on equity
c. leverage ratios
d. market share - CORRECT ANSWER-c. leverage ratios
An enterprise where operational performance is negative and organizational health
is positive is what type of organization?
a. An organization in crisis.
b. A troubled organization.
c. A complacent organization.
d. A healthy organization - CORRECT ANSWER-c. A complacent organization.
In 2007 Apple dropped ―Computer‖ from its name. From a visioning perspective
this is
,an example of
a. revitalization
b. establishing why they exist
c. update a sense of vision
d. carrying out a public relations exercise - CORRECT ANSWER-d. carrying out a
public relations exercise
In the Collins and Porras framework, core values and core purpose need to be
paired with an envisioned future, including a vivid description that is reachable
in
a. 1 to 2 years
b. 3 to 5 years
c. 5 to 10 years
d. over 10 years - CORRECT ANSWER-d. over 10 years
Good vision statements are best described as
a. feasible and challenging
b. feasible and readily implemented
c. desirable and resistant to change
COPYRIGHT ALL RIGHTS RESERVED ©️ 2025
,d. desirable and singular in their purpose - CORRECT ANSWER-a. feasible and
challenging
Failure to translate a vision into a strategy is sometimes known as
a. corporate slide
b. organizational lag
c. faulty implementation
d. strategic drift - CORRECT ANSWER-d. strategic drift
The general manager should set direction, create strategy, implement change, and
control the process.
T/F - CORRECT ANSWER-F
Organizational performance is based on two sets of measures: operational
performance and financial health.
T/F - CORRECT ANSWER-F
Employee turnover is an example of an operating performance measure
T/F - CORRECT ANSWER-T
A good vision statement should be one that is readily achievable.
T/F - CORRECT ANSWER-F
The vision for the organization is intended to provide direction and guidance.
, T/F - CORRECT ANSWER-F
Strategy is about inspiring and motivating an organization.
T/F - CORRECT ANSWER-F
The four components of the strategy model are
a. goals, products, markets, and activities
b. financial resources, goals, markets, and products
c. focus, goals, activities, and financial resources
d. value, goals, focus, and activities - CORRECT ANSWER-d. value, goals, focus,
and activities
A pure play corporate strategy will likely occur
a. where between 70 and 95% of revenue comes from a single business unit
b. where less than 70% of revenues comes from a dominant business
c. a pure play will only exist in companies with multiple business units
d. when at least 95% of company revenues comes from one business unit -
CORRECT ANSWER-d. when at least 95% of company revenues comes from
one business unit
McCain's approach to build a competitive differentiation and advantage in its
worldwide french-fried potato business can be described as
COPYRIGHT ALL RIGHTS RESERVED ©️ 2025
