Strategic Management David - Chapter 5

Strategic Management David - Chapter 5 - 1. _ is based on...

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1. __________ is based on the belief that the true measure of a really good strategist is the ability to solve problems. o Managing by subjective o Managing by extrapolation o Managing by crisis o Managing by hope 2. Long-term objectives are needed at the ____________ of an organization. o Corporate and divisional levels o Corporate levels o Corporate, divisional, and functional levels o Divisional and functional levels 3. __________ strategy is designed to fortify an organization's basic distinctive competence. o Integrative o Retrenchment o Intensive o Diversification 4. Many, if not most, organizations pursue a: o Concentric diversification. o Combination strategy. o Geographic strategy. o Product development strategy.
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5. An example of _______ strategy is establishing Web sites to sell products directly to consumers. o backward integration o conglomerate diversification o horizontal integration o forward integration 6. Which of the following is not a guideline for pursuing liquidation? o
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This note was uploaded on 07/12/2009 for the course OB GMAG511 taught by Professor Shamimzuberi during the Fall '09 term at Greenville College.

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Strategic Management David - Chapter 5 - 1. _ is based on...

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