Strategic Management Concepts and Cases Chapter 05 Strategies in Action

Strategic Management Concepts and Cases Chapter 05 Strategies in Action

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CHAPTER 05 1. __________ is based on the belief that the true measure of a really good strategist is the ability to solve problems. a) Managing by subjectives b) Managing by extrapolation c) Managing by crisis d) Managing by hope 2. Long-term objectives are needed at the ____________ of an organization. a) corporate and divisional levels b) corporate levels c) corporate, divisional, and functional levels d) divisional and functional levels 3. __________ strategy is designed to fortify an organization's basic distinctive competence. a) Integrative b) Retrenchment  c) Intensive d) Diversification  4. Many, if not most, organizations pursue a: a) concentric diversification. b) combination strategy. c) geographic strategy. d) product development strategy. 5. An example of _______ strategy is establishing Web sites to sell products directly to consumers. a) backward integration b) conglomerate diversification c) horizontal integration d) forward integration 6. Which of the following is not a guideline for pursuing liquidation?
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This note was uploaded on 07/11/2011 for the course MRKT 5120 taught by Professor Durrani during the Spring '11 term at Shaheed Zulfiqar Ali Bhutto Institute of Science and Technology.

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Strategic Management Concepts and Cases Chapter 05 Strategies in Action

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