review test 2 - 1) Which one of the following is not from...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
1) Which one of the following is not from gleam identify the company’s resources strength, threats, market and external opportunities SWOT analysis is the right answer. To determine resources strengths: A skill Valuable physical assets Human asset and intellectual capital Valuable organizational assets Valuable intangible assets An achievement Competitively valuable alliances 2) SWOT is a powerful tool for analysis A. gauging whether a company has a cost competitive value chain. B. sizing up a company's resource capabilities and deficiencies, its market opportunities, and the external threats to its future well-being. C. evaluating whether a company is in the most appropriate strategic group. D. determining a company's competitive strength vis-à-vis close rivals. E. identifying the market segments in which a company is strongly positioned and weakly positioned. 3) Which of the following is not pertinent in indentifying a company present strategy? A. The key functional strategies (R&D, supply chain management, production, sales and marketing, HR, and finance) a company is employing B. Management's planned, proactive moves to outcompete rivals (via better product design, improved quality or service, wider product lines, and so on) C. The company's mission, strategic objectives, and financial objectives D. Moves to respond and react to changing conditions in the macro-environment and in industry and competitive conditions E. The strategic role of its collaborative partnerships and strategic alliances with others 4) Identify by the strategy related issues and problem company managers need to address and restore entails Drawing on the results of both industry and competitive analysis and the evaluations of the company’s own competitiveness. Also, pinpointing the precise things that management needs to worry qbout sets the agenda for deciding what actions to take next to improve the company’s performance and business outlook. 5) Which of the following is not one of the 5 questions that compromise the task of evaluating a company resource and competitive position? A. What are the company's most profitable geographic market segments? B. How well is the company's present strategy working? C. Are the company's prices and costs competitive?
Background image of page 1

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

View Full DocumentRight Arrow Icon
D. Is the company competitively stronger or weaker than key rivals? E. What strategic issues and problems merit front-burner management attention? 6) Which of the following does not present a potential core competency? A. Skills in manufacturing a high-quality product at a low cost B. Know-how in creating and operating systems for cost-efficient supply chain management C. The capability to fill customer orders accurately and swiftly D. Having a wider product line than rivals E. The capability to speed new or next-generation products to the marketplace 7) A company’s value chain A. consists of the primary activities that it performs in seeking to deliver value to shareholders in the form of higher dividends and a higher stock price. B.
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 03/10/2012 for the course STAT 1 taught by Professor Gate during the Fall '11 term at Miami Dade College, Miami.

Page1 / 6

review test 2 - 1) Which one of the following is not from...

This preview shows document pages 1 - 3. Sign up to view the full document.

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