quiz-6 - Quiz-Ch.6 Management Name: _ 1. Student ID:_ The...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Management Name: ____________ Student ID:________________ 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 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)
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 02/12/2012 for the course ECON 101 taught by Professor Abrams during the Spring '11 term at Adams State University.

Page1 / 4

quiz-6 - Quiz-Ch.6 Management Name: _ 1. Student ID:_ The...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online