quiz7 - Blackboard Learning System 7/11/09 1:24 AM Your...

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7/11/09 1:24 AM Blackboard Learning System Page 1 of 32 http://webct.latrobe.edu.au/webct/urw/lc9140001.tp0/cobaltMainFrame.dowebct View Attempt 1 of unlimited Title: Chapter 7 Started: 7 November 2009 1:23 AM Submitted: 7 November 2009 1:23 AM Time spent: 00:00:05 Current score: 0/89 = 0% This assessment is only partially graded. Graded Questions: 0/83.0 = 0% Ungraded Questions: --/6 Done 1. Grand strategies can be divided into four categories: growth, stability, retrenchment and diversification. Student Response Value Correct Answer Feedback 1. True 0% 2. False 100% Score: 0/1 Comments: 2. The question, ‘How do we compete?’ concerns functional-level strategy. Student Response Value Correct Answer Feedback 1. True 0% 2. False 100% Score: 0/1 Comments: 3. Strategy implementation is the administration and execution of the strategic plan. Student Response Value Correct Answer Feedback 1. False 0% 2. True 100% Your location: Home Page Practice Questions Chapter 7 Assessments View All Submissions › View Attempt
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7/11/09 1:24 AM Blackboard Learning System Page 2 of 32 http://webct.latrobe.edu.au/webct/urw/lc9140001.tp0/cobaltMainFrame.dowebct Score: 0/1 Comments: 4. Differentiation, cost leadership and focus are three of Porter’s competitive strategies. Student Response Value Correct Answer Feedback 1. False 0% 2. True 100% Score: 0/1 Comments: 5. With a focus strategy, the organisation concentrates on a specific regional market or buyer group. Student Response Value Correct Answer Feedback 1. True 100% 2. False 0% Score: 0/1 Comments: 6. A retrenchment strategy refers to the reduction in the number of employees within a firm. Student Response Value Correct Answer Feedback 1. False 100% 2. True 0% Score: 0/1 Comments: 7. Strategy formulation refers to the stage of strategic management that involves the planning and decision making that establish the organisation’s plans. Student Response Value Correct Answer Feedback 1. True 100% 2. False 0%
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7/11/09 1:24 AM Blackboard Learning System Page 3 of 32 http://webct.latrobe.edu.au/webct/urw/lc9140001.tp0/cobaltMainFrame.dowebct Score: 0/1 Comments: 8. In terms of the assumptions of the BCG matrix, question marks refer to questionable strategies that require immediate divestment. Student Response Value Correct Answer Feedback 1. True 0% 2. False 100% Score: 0/1 Comments: 9. According to Porter’s ‘five forces’, comments by a potential competitor that they will ‘introduce their products at reduced prices so that other firms will go out of business’ is an example of a ‘threat of new entrants’. Student Response Value Correct Answer Feedback 1. False 100% 2. True 0% Score: 0/1 Comments: 10. When an organisation chooses a transnational strategy, competition in each country is
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quiz7 - Blackboard Learning System 7/11/09 1:24 AM Your...

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