28 May Question Page: 1 2 Question 1. Question : Which of the following perspectives assumes that industry structure is the primary influence on firm performance?
Question
Page: 1 2
Question 1. Question : Which of the following perspectives assumes that industry structure is the primary influence on firm performance?
: Industrial organization theory
Resource-based theory
Contingency theory
None of the above
Points Received: 1 of 1
Comments:
Question 2. Question : The strategy actually implemented by management is known as the
: intended strategy.
emergent strategy.
realized strategy.
effective strategy.
Points Received: 1 of 1
Comments:
Question 3. Question : Which of the following distinctions is not associated with strategic decision-making?
: It represents a systematic, comprehensive analysis.
It involves choices.
It is both short-term and long-term oriented.
It is distinctively opportunistic.
Points Received: 1 of 1
Comments:
Question 4. Question : The concept of strategic management includes
: top management’s analysis of the environment in which the organization operate
the plan for strategy execution
strategic control efforts.
All of the above
Points Received: 1 of 1
Comments:
Question 5. Question : Top management teams
: tend to include fewer managers in centralized organizations.
usually include mostly top level managers.
may include non-managers.
All of the above.
Points Received: 0 of 1
Comments:
Question 6. Question : According to the scientific perspective of strategic planning,
: strategy formulation is not as critical as strategy execution.
the business environment is seen as largely objective, analyzable, and at least somewhat predictable.
creativity is vital and can only be generated when flexibility is applied to the strategy process.
All of the above.
Points Received: 1 of 1
Comments:
Question 7. Question : Top management teams
: usually make better decisions as a group than the CEO could make alone.
may include middle managers.
may include members of the board of directors.
All of the above.
Points Received: 0 of 1
Comments:
Question 8. Question : Which of the following is not a factor usually associated with an effective strategy?
: Top managers rely on outside strategic planners for creativity and analysis.
Plans for putting the strategy into action are designed with specificity before it is implemented.
Strategic managers understand how the organization’s resources translate into strengths and weaknesses.
Possible future changes in the proposed strategy are evaluated before the strategy is adopted.
Points Received: 1 of 1
Comments:
Question 9. Question : A(n) _____ is a story of how a firm will create value for its customers and how it will do so profitably.
: design specification
business model
process model
administrative linkage
process architecture
Points Received: 0 of 1
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