Quiz 2(b) - Strategic Management Quiz 2(b) O.5 negative...

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Strategic Management Quiz 2(b) O.5 negative mark for each wrong answer 1. Which one of the following is not  helpful in identifying the components of a single-business company's strategy? A) The company's moves to respond to changing conditions in its macro-environment and in industry and competitive conditions. B) The scope of the company's geographic coverage. C) The company's resource strengths and weaknesses D) The company's key functional strategies The company's key functional strategies (E) The company's planned, proactive moves to out compete rivals and its efforts to build competitive advantage 2. SWOT analysis: A) Consists of three steps: identifying a company's resource strengths and weaknesses and its opportunities and threats, drawing  conclusions about the company's overall situation, and translating the conclusions into strategic actions to improve the  company's strategy and business prospects. B) provides a quick overview of where on the scale from "alarmingly weak" to "exceptionally strong" the attractiveness of the  company's overall business situation ranks. C) helps provide a basis for matching the company's strategy to its internal resource capabilities and its external opportunities  and threats. D) helps identify a company's core competencies and competitive capabilities and the seriousness of its resource weaknesses  and competitive deficiencies E) All of these. 3. Which one of the following groups of characteristics is least likely  to represent company strengths or competitive  assets? A) Physical assets such as state-of-the-art plants, attractive real estate locations, and worldwide distribution facilities B) More plants than rivals, more employees than rivals, being in business more years than rivals, and smaller capital  investment expenditures than rivals C) A well-known brand name, a highly motivated workforce, and the collective learning embedded in the organization D) Short development times in bringing new products to market, a strong dealer network, strong collaborative partnerships with  key suppliers, and an experienced and capable workforce E) Proven quality control skills, good supply chain management capabilities, state-of-the-art systems for doing business via the  Internet, and a strong balance sheet 4. Which of the following is not  a measure of the competitive power of a company's resource strengths? A)
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This note was uploaded on 07/15/2011 for the course BUS A 10001 taught by Professor All during the Spring '11 term at Shaheed Zulfiqar Ali Bhutto Institute of Science and Technology.

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Quiz 2(b) - Strategic Management Quiz 2(b) O.5 negative...

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