MGT12 - D) Related diversification E) Vertical integration...

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1. The first step in implementing strategy is to: A) establish the mission B) allocate responsibility C) hold people responsible D) establish a timetable E) allocate resources 2. An organization attempts to succeed by distinguishing its products from those of the competition. What type of strategy is this? A) Focused differentiation strategy B) Low-cost strategy C) Related diversification strategy D) Unrelated diversification strategy E) Concentration on a single business strategy 3. When an organization enters a new type of industry, which is not similar in any way to the current businesses of the organization, this is known as which type of strategy? A) Concentration on a single business B) Unrelated diversification C) International expansion
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Unformatted text preview: D) Related diversification E) Vertical integration 4. In which step of SWOT analysis would “slower market growth” be most likely to arise? A) S B) W C) O D) T E) Either S or W 5. All of the following are principle corporate-level strategies that managers can use to help their organization increase its sales and profits EXCEPT: A) concentration on a single business. B) diversification. C) international expansion. D) vertical integration. E) focus. 6. A functional-level plan spells out the goals of the __________ which are intended to assist the organization to achieve its __________ goals. A) division; corporate B) department; corporate C) business; divisional D) division...
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This note was uploaded on 01/23/2012 for the course MGT 111 taught by Professor Unknown during the Spring '11 term at Washington State University .

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