Which of the following dimensions focuses on the extent to which the environment is relatively stable or relatively dynamic?

Which of the following dimensions focuses on the extent to which the environment is relatively stable or relatively dynamic? a.The rate of change b.The...

Multiculturalism in an organization results in:

Multiculturalism in an organization results in: a.opportunities and challenges for managers. b.bringing outsiders into important managerial positions. c.more...

Which of the following exists in an organization when its members differ from one another along one or more important dimensions, such as age, gender, or ethnicity?

Which of the following exists in an organization when its members differ from one another along one or more important dimensions, such as age, gender,...

Identify a true statement about the culture of an organization.

Identify a true statement about the culture of an organization. a.It is maintained by staging new ceremonies. b.It can become a weakness in certain...

Which of the following statements is true about organization culture?

Which of the following statements is true about organization culture? a.It does not vary across organizations. b.It is the foundation of an organization's...

Which of the following is likely to be a reason for the weak culture of an organization?

Which of the following is likely to be a reason for the weak culture of an organization? a.The members of the board of directors belong to multicultural...

Who among the following has legal property rights to a business organization?

Who among the following has legal property rights to a business organization? a.Suppliers b.The board of directors c.Regulators d.Partners Answ...

Who among the following is an example of a yuppie?

Who among the following is an example of a yuppie? a.Holly, a lazy employee who does not feel the need to work b.Savannah, a retiree of a government...

Which of the following acts emphasized the importance of providing equal employment opportunities for people with various impairment?

Which of the following acts emphasized the importance of providing equal employment opportunities for people with various impairment? a.The Occupational...

Which of the following is an advantage of hiring retirees in an organization?

Which of the following is an advantage of hiring retirees in an organization? a.The organization attains new skill sets. b.The organization gains...

Which of the following is a primary advantage of education as a source of management?

Which of the following is a primary advantage of education as a source of management? a.The curriculum is often very general and caters to the needs...

The most common path to acquiring managerial skills involves a combination of:

The most common path to acquiring managerial skills involves a combination of: a.education and experience. b.character and ethics. c.influence and...

Managers need to take a scientific approach to solving problems especially when:

Managers need to take a scientific approach to solving problems especially when: a.they are faced with sudden decision-making opportunities. b.they...

___ skills enable managers to visualize the most appropriate response to a situation.

___ skills enable managers to visualize the most appropriate response to a situation. a.Decision-making b.Conceptual c.Diagnostic d.Communication...

Valid Inc., a manufacturer of electronic gadgets, sees an unforeseen drop in sales of its latest product, Anytime Videogames. Nathan, the developer of the battery used in Anytime Videogames, discovers that the reason for this is the low battery life of the consoles. In order to increase the battery life of the consoles, which of the following skills must Nathan specifically improve?

Valid Inc., a manufacturer of electronic gadgets, sees an unforeseen drop in sales of its latest product, Anytime Videogames. Nathan, the developer...

Which of the following is a difference between the roles of a disseminator and a spokesperson?

Which of the following is a difference between the roles of a disseminator and a spokesperson? a.A disseminator's role involves taking visitors to...

Concrete Constructions, a construction company, wants a suitable site to establish a new residential complex. Site selection is the responsibility of the _____ manager of Concrete Constructions.

Concrete Constructions, a construction company, wants a suitable site to establish a new residential complex. Site selection is the responsibility of...

_____ managers are responsible for hiring and developing employees.

_____ managers are responsible for hiring and developing employees. a.Financial b.Human resource c.Operations d.Marketing Answer: ...

Which of the following is true of first-line managers?

Which of the following is true of first-line managers? a.They set an organization's goals and objectives. b.They implement the policies and plans...

Kayla is a high-potential worker. However, she is lazy and does not complete her assignments on time. In order to improve Kayla's work output, her boss must monitor her progress on given assignments. In this scenario, Kayla's boss will be performing the managerial function of _____.

Kayla is a high-potential worker. However, she is lazy and does not complete her assignments on time. In order to improve Kayla's work output, her boss...

Aicha, the coach of a women's basketball team, prepares the team's playing strategy for an upcoming basketball tournament. The strategies devised will be successful only if the players are allocated appropriate positions in the team according to their strengths. In this scenario, which of the following managerial functions must Aicha perform to allocate playing positions to the players?

Aicha, the coach of a women's basketball team, prepares the team's playing strategy for an upcoming basketball tournament. The strategies devised will...

Which of the following is a benefit of planning?

Which of the following is a benefit of planning? a.It helps managers understand the relationships among employees. b.It helps managers track the progress...

Rodney, the director of a software company, decides to launch a free-education program for the underprivileged children in his country. He instructs his administrative staff to distribute free textbooks for the underprivileged children using 1% of the company's annual profits based on its annual sales reports. In this scenario, the annual sales reports are categorized as _____ resources.

Rodney, the director of a software company, decides to launch a free-education program for the underprivileged children in his country. He instructs...

The tax revenue of a city is an example of a _____ resource.

The tax revenue of a city is an example of a _____ resource. human physical financial information Answer: Financi...

____ resources refer to the capital used by an organization to fund both ongoing and long-term operations.

____ resources refer to the capital used by an organization to fund both ongoing and long-term operations. a.Human b.Information c.Physical d.Fin...

One obvious ethnic change in the U.S. work culture has been:

One obvious ethnic change in the U.S. work culture has been: a.the decreasing number of South-Asians in the workplace. b.the removal of many Asian...

Matthew retired from his job when he turned sixty. Despite finding suitably qualified fresh graduates for a position in a temporary project, Matthew's former company asked him to take up the position. Which of the following is most likely to be a reason as to why the company asked him to fill the position?

Matthew retired from his job when he turned sixty. Despite finding suitably qualified fresh graduates for a position in a temporary project, Matthew's...

The term diversity refers to:

The term diversity refers to: a.differences among people. b.the quality or state of being consistent. c.the quality or state of being regular. d.similarities...

Which of the following is true of managing in a profit-seeking organization?

Which of the following is true of managing in a profit-seeking organization? a.Effective management is sometimes more important in a small business...

Samantha, a manager at a department store, needs to recruit four sales personnel. Following the scientific approach to management, which of the following should Samantha do during the recruitment process?

Samantha, a manager at a department store, needs to recruit four sales personnel. Following the scientific approach to management, which of the following...

The science of management is primarily based on:

The science of management is primarily based on: a.instinct. b.personal insights. c.objective facts. d.intuition. Answer: ...

Runnington Bakery needs to decide on its icing sugar supplier. Rita, the store manager, meets with a potential supplier and discusses the rates for the icing sugar. In this scenario, Rita plays the role of a _____.

Runnington Bakery needs to decide on its icing sugar supplier. Rita, the store manager, meets with a potential supplier and discusses the rates for...

Which of the following is a difference between the roles of a figurehead and a spokesperson?

Which of the following is a difference between the roles of a figurehead and a spokesperson? a.A spokesperson's role involves deciding how resources...

The interpersonal managerial role of a liaison involves:

The interpersonal managerial role of a liaison involves: a.serving as a coordinator or link among people, groups, or organizations. b.handling problems...

Shaun is a store manager at Body Wonder, an international salon and spa. He schedules appointments for clients and communicates their requirements to the hair stylists and masseuses. He prepares daily reports and submits them to the Area Manager. To which of the following levels of management does Shaun belong?

Shaun is a store manager at Body Wonder, an international salon and spa. He schedules appointments for clients and communicates their requirements to...

Which of the following is a function of top managers?

Which of the following is a function of top managers? a.They supervise and coordinate the activities of operating employees. b.They create an organization's...

To which level of management does the title chief executive officer belong?

To which level of management does the title chief executive officer belong? a.Top management b.Middle management c.First-line management d.Operational...

The set of processes used to get members of an organization to work together to further the interests of the organization is called _____.

The set of processes used to get members of an organization to work together to further the interests of the organization is called _____. a.decision...

Erica, a recruitment manager at a consulting firm, notices a trend in the firm where hired employees tend to resign before the completion of their probation period. In order to remedy the situation, Erica sets a goal to increase the number of employees staying with the firm after their probation is completed. She maps out behavior patterns among employees and strategizes accordingly. By doing so, Erica is exercising the managerial function of _____.

Erica, a recruitment manager at a consulting firm, notices a trend in the firm where hired employees tend to resign before the completion of their probation...

Which of the following best defines planning?

Which of the following best defines planning? a.It involves monitoring an organization's progress toward its goals. b.It involves determining how...

Seth, a manager of a handicraft store, notices a decline in the quality of products created by the store's artists. He finds that the artists have been showing a lack of interest in their work. In order to remedy this situation, Seth must pay keen attention to the _____ resources of the store.

Seth, a manager of a handicraft store, notices a decline in the quality of products created by the store's artists. He finds that the artists have been...

The administrative staff of a hospital is an example of _____ resources.

The administrative staff of a hospital is an example of _____ resources. a.information b.physical c.financial d.human Answer: ...

An organization is defined as:

An organization is defined as: a.a process in which change is initiated in response to some known external threat or opportunity. b.a set of activities...

A manager who is adept in the ________ function will show a genuine interest in the work of others.

A manager who is adept in the ________ function will show a genuine interest in the work of others. planning controlling organizing leading ...

Which of the following is a characteristic of a good controller?

Which of the following is a characteristic of a good controller? A) Handling conflict in nonthreatening, constructive ways B) Putting plans in writing...

Which of the following is a trait that is shared by managers who are adept in the organizing function?

Which of the following is a trait that is shared by managers who are adept in the organizing function? A) Coordinating with others to assure steady...

Why must an organization's IT architecture be based on an organization's strategic goals?

Why must an organization's IT architecture be based on an organization's strategic goals? Strategy -> Goals -> Requirements -> Architecture...

An example of when a software-defined architecture is most appropriate:

An example of when a software-defined architecture is most appropriate: a) A firm can't make the decision and wants software to do it b) Resources...

A legacy system is all of the following, except:

A legacy system is all of the following, except: a) Usually found on a mainframe b) A system that is already in place, from the past c) A system that...

Using a cloud service from Amazon.com, the New York Times was able to

Using a cloud service from Amazon.com, the New York Times was able to a) Establish a strong social media presence. b) Virtualize its mobile application. c)...

All of the following are reasons why a company may choose to use cloud computing for its IT infrastructure EXCEPT:

All of the following are reasons why a company may choose to use cloud computing for its IT infrastructure EXCEPT: a) Cost savings b) Speed to provision...

Risks associated with cloud computing include all of the following EXCEPT:

Risks associated with cloud computing include all of the following EXCEPT:  a) Increased dependency on third-party suppliers b) Security c) Lack...

During an ice storm, JetBlue Airlines had an IT infrastructure that demonstrated which one of the following technical issues?

During an ice storm, JetBlue Airlines had an IT infrastructure that demonstrated which one of the following technical issues?  a) Security b)...

Hypercompetition implies that any architecture must be designed with maximum scalability and _____________ to ensure it can handle the imminent business changes.

Hypercompetition implies that any architecture must be designed with maximum scalability and _____________ to ensure it can handle the imminent business...

Understanding the life span of the IT infrastructure and architecture is called:

Understanding the life span of the IT infrastructure and architecture is called: a) IT life cycle b) Strategic timeframe c) Architecture life cycle d)...

A computer's hardware and ____________ specify its platform.

A computer's hardware and ____________ specify its platform. a) system software b) software applications c) hardware d) storage e) mobility Answer: system...

All of the following are robust platforms EXCEPT for _________.

All of the following are robust platforms EXCEPT for _________. a) iPhone IOS 9 b) Android KitKat c) Windows 10 d) MS Office 2016 e) Mac OSX Answer: MS...

A small company in Des Moines wants to set up an IT infrastructure for its workforce. The company recently moved to an older building that has solid walls and ceilings. Furthermore, most of the staff likes the flexibility of moving around the open office space to perform work on their laptops. Which communication infrastructure makes most sense for this company?

A small company in Des Moines wants to set up an IT infrastructure for its workforce. The company recently moved to an older building that has solid...

_________ is the architecture where significant hardware, software and possibly even data elements reside on the Internet.

_________ is the architecture where significant hardware, software and possibly even data elements reside on the Internet. a) Internet-oriented architecture b)...

Which type of computer/IT architecture is limited to a central computer system?

Which type of computer/IT architecture is limited to a central computer system? a) Mainframe b) Web-services c) Peer-to-peer d) Wireless e) Serve...

The type of software used in SOA architecture is often referred to as what?

The type of software used in SOA architecture is often referred to as what? a) Services-oriented architecture b) Software-as-a-service c) Systems...

Marketing has repeatedly asked the IT department about the possibility of aligning the new marketing plan with the company's web site. They would like the new web site to be able to support more active content and permit customers to query an online catalog. You let them know that this is currently being considered and that you're determining if this new business strategy can be translated into a viable plan of action. This would be part of which of the following?

Marketing has repeatedly asked the IT department about the possibility of aligning the new marketing plan with the company's web site. They would like...

Mary from sales is asking about the plan to implement Salesforce.com's application. You explain to her that you are in the process of getting technical specifications and pricing so that you can move forward with the rollout. This would be part of which of the following plans?

Mary from sales is asking about the plan to implement Salesforce.com's application. You explain to her that you are in the process of getting technical...

The type of architecture where larger software programs are broken down into services which are then connected to each other, in a process called orchestration, is called:

The type of architecture where larger software programs are broken down into services which are then connected to each other, in a process called orchestration,...

The IT infrastructure components should be evaluated based on their expected financial value. All of the following are used to quantify the financial value of IT components EXCEPT for the:

The IT infrastructure components should be evaluated based on their expected financial value. All of the following are used to quantify the financial...

This provides a blueprint for translating a business strategy into a plan for IS.

This provides a blueprint for translating a business strategy into a plan for IS. a) IS infrastructure b) IS architecture c) ERP systems d) Centralized...

This architecture is a complex framework whose main objective is to map how the organization's IT supports the business processes.

This architecture is a complex framework whose main objective is to map how the organization's IT supports the business processes.  a) Centralized...

The components of enterprise architecture are: core business processes, linking and automation technology, the people who are served by the system and: ______________.

The components of enterprise architecture are: core business processes, linking and automation technology, the people who are served by the system and:...

Which of the following best describes cloud computing?

Which of the following best describes cloud computing? a) Virtual desktop computing b) Lightweight software that takes up little storage space c)...

A manager must know enough about the IT architecture and IT infrastructure so that he or she can:

A manager must know enough about the IT architecture and IT infrastructure so that he or she can: a) Select the correct wireless provider. b) Make...

The architecture that the large paper company Mohawk adopted enables the company to scale technology services up and down instantaneously according to its needs. The architecture is called:

The architecture that the large paper company Mohawk adopted enables the company to scale technology services up and down instantaneously according...

Mohawk's need for flexibility required a change to its IT architecture. SOA was chosen by Mohawk because Mohawk:

Mohawk's need for flexibility required a change to its IT architecture. SOA was chosen by Mohawk because Mohawk: a) Needed to be able to scale up...

Google Maps is a web mapping service that provides street maps and directions. A Google Maps component can be added to a business's web site to provide customers directions to the business location. This use of Google's service by a business is an example of __________.

Google Maps is a web mapping service that provides street maps and directions. A Google Maps component can be added to a business's web site to provide...

"Reuse" is a benefit of service-oriented architecture because it supports:

"Reuse" is a benefit of service-oriented architecture because it supports: a) Using sensitive data again and again b) The breaking apart of functionality...

Alliance management is considered an organizational capability and:

Alliance management is considered an organizational capability and: A. develops over time, out of effort and learning. B. decreases a company's knowledge...

A company that fails in managing their strategic alliance probably has not:

A company that fails in managing their strategic alliance probably has not:  A. incorporated contractual safeguards. B. made opportunities for...

A company that has greater success in managing their strategic alliance can credit all of the following, EXCEPT:

A company that has greater success in managing their strategic alliance can credit all of the following, EXCEPT:  A. establishing strong interpersonal...

The principal advantages of strategic alliances over vertical integration or horizontal mergers/acquisitions is defined best by:

The principal advantages of strategic alliances over vertical integration or horizontal mergers/acquisitions is defined best by:  A. resource...

The Achilles heel (or biggest disadvantage/pitfall) of relying heavily on alliances and cooperative strategies is:

The Achilles heel (or biggest disadvantage/pitfall) of relying heavily on alliances and cooperative strategies is:  A. that partners will not...

Experience indicates that strategic alliances:

Experience indicates that strategic alliances:  A. are generally successful. B. work well in cooperatively developing new technologies and new...

Which of the following is NOT a typical reason that many alliances prove unstable or break apart?

Which of the following is NOT a typical reason that many alliances prove unstable or break apart?  A. Diverging objectives and priorities. B....

Capturing the benefits of strategic alliances is not easy, but success generally is a function of six factors, except when:

Capturing the benefits of strategic alliances is not easy, but success generally is a function of six factors, except when:  A. being sensitive...

Which of the following is NOT one of the factors that affects whether a strategic alliance will be successful and realize its intended benefits?

Which of the following is NOT one of the factors that affects whether a strategic alliance will be successful and realize its intended benefits?  A....

A company racing to seize opportunities on the frontiers of advancing technology often utilizes strategic alliances and collaborative partnerships to:

A company racing to seize opportunities on the frontiers of advancing technology often utilizes strategic alliances and collaborative partnerships to:  A....

Companies racing against rivals for global market leadership need strategic alliances and collaborative partnerships with companies in foreign countries to:

Companies racing against rivals for global market leadership need strategic alliances and collaborative partnerships with companies in foreign countries...

Which one of the following is NOT a strategically beneficial reason why a company may enter into strategic partnerships or cooperative arrangements with key suppliers, distributors, or makers of complementary products?

Which one of the following is NOT a strategically beneficial reason why a company may enter into strategic partnerships or cooperative arrangements...

The best strategic alliances:

The best strategic alliances:  A. are highly selective, focusing on particular value chain activities and on obtaining a particular competitive...

An alliance becomes "strategic" as opposed to just a convenient business arrangement when it serves strategic purposes such as when designed to help:

An alliance becomes "strategic" as opposed to just a convenient business arrangement when it serves strategic purposes such as when designed to help:  A....

Entering into strategic alliances and collaborative partnerships can be competitively valuable because:

Entering into strategic alliances and collaborative partnerships can be competitively valuable because:  A. working closely with outsiders is...

The formation of a new corporation, jointly owned by two or more companies agreeing to share in the revenues, expenses, and control, is known as:

The formation of a new corporation, jointly owned by two or more companies agreeing to share in the revenues, expenses, and control, is known as:  A....

Which of the following is NOT a factor that makes an alliance "strategic" as opposed to just a convenient business arrangement?

Which of the following is NOT a factor that makes an alliance "strategic" as opposed to just a convenient business arrangement?  A. The alliance...

A strategic alliance:

A strategic alliance:  A. is a collaborative arrangement where companies join forces to defeat mutual competitive rivals. B. involves two or...

Strategic alliances:

Strategic alliances:  A. are the cheapest means of developing new technologies and getting new products to market quickly. B. are collaborative...

The big risk of employing an outsourcing strategy is:

The big risk of employing an outsourcing strategy is:  A. causing the company to become partially integrated instead of being fully integrated. B....

Outsourcing strategies can offer such advantages as:

Outsourcing strategies can offer such advantages as:  A. increasing a company's ability to strongly differentiate its product and be successful...

Relying on outsiders to perform certain value chain activities offers such strategic advantages as:

Relying on outsiders to perform certain value chain activities offers such strategic advantages as:  A. ensuring more costly components or services. B....

Which of the following is NOT one of the benefits of outsourcing value chain activities presently performed in-house?

Which of the following is NOT one of the benefits of outsourcing value chain activities presently performed in-house?  A. Streamlines company...

Outsourcing the performance of value chain activities presently performed in-house to outside vendors and suppliers makes strategic sense EXCEPT when:

Outsourcing the performance of value chain activities presently performed in-house to outside vendors and suppliers makes strategic sense EXCEPT when:  A....

The two big drivers of outsourcing are:

The two big drivers of outsourcing are:  A. an increased ability to cut R&D expenses and an increased ability to avoid the problems of strategic...

An outsourcing strategy:

An outsourcing strategy:  A. is nearly always a more attractive strategic option than merger and acquisition strategies. B. carries the substantial...

A strategy of vertical integration can have both important strengths and weaknesses and depends on:

A strategy of vertical integration can have both important strengths and weaknesses and depends on:  A. whether it can limit the performance...

A strategy of vertical integration can have substantial drawbacks, including:

A strategy of vertical integration can have substantial drawbacks, including:  A. whether horizontal integration can limit the performance of...

Bypassing regular wholesale/retail channels in favor of direct sales and Internet retailing can have appeal if:

Bypassing regular wholesale/retail channels in favor of direct sales and Internet retailing can have appeal if:  A. it reinforces the brand,...

Which of the following is NOT a strategic disadvantage of vertical integration?

Which of the following is NOT a strategic disadvantage of vertical integration?  A. Vertical integration boosts a firm's capital investment in...

Which of the following is typically the strategic impetus for forward vertical integration?

Which of the following is typically the strategic impetus for forward vertical integration?  A. Being able to control the wholesale/retail portion...

The strategic impetus for forward vertical integration is to:

The strategic impetus for forward vertical integration is to:  A. gain better access to end users and better market visibility. B. achieve the...

Backward vertical integration can produce:

Backward vertical integration can produce:  A. a full integration when activities remain the domain of key suppliers. B. a tapered integration...

Which of the following is NOT a potential advantage of backward vertical integration?

Which of the following is NOT a potential advantage of backward vertical integration?  A. Reduced vulnerability to powerful suppliers (who may...

Vertical integration can lower costs by:

Vertical integration can lower costs by:  A. expanding supplier power. B. facilitating the coordination of production flows and avoiding bottlenecks. C....

For backward vertical integration into the business of suppliers to be a viable and profitable strategy, a company:

For backward vertical integration into the business of suppliers to be a viable and profitable strategy, a company:  A. must first be a proficient...

When firms are involved in a mix of in-house and outsourced activity in any given stage of the vertical chain, it is called:

When firms are involved in a mix of in-house and outsourced activity in any given stage of the vertical chain, it is called:  A. tapered integration. B....

A vertical integration strategy can expand the firm's range of activities:

A vertical integration strategy can expand the firm's range of activities:  A. backward into sources of supply and/or forward toward end users. B....

A good example of vertical integration is:

A good example of vertical integration is:  A. a global public accounting firm acquiring a small local or regional public accounting firm. B....

The two best reasons for investing company resources in vertical integration (either forward or backward) are to:

The two best reasons for investing company resources in vertical integration (either forward or backward) are to:  A. expand into foreign markets...

Vertical integration strategies:

Vertical integration strategies:  A. extend a company's competitive scope within the same industry by expanding its operations across multiple...

A primary reason for why mergers and acquisitions sometimes fail is due to the:

A primary reason for why mergers and acquisitions sometimes fail is due to the:  A. misinterpretation of the cultural differences, like employee...

Mergers and acquisitions:

Mergers and acquisitions:  A. are nearly always successful in achieving their desired purpose. B. frequently do not produce the hoped-for outcomes. C....

What outcomes do horizontal merger and acquisition strategies intend?

What outcomes do horizontal merger and acquisition strategies intend?  A. Expanding a company's geographic coverage. B. Gaining quick access...

Merger and acquisition strategies:

Merger and acquisition strategies:  A. are nearly always a superior strategic alternative to forming alliances or partnerships with these same...

Mergers and acquisitions are often driven by such strategic objectives as:

Mergers and acquisitions are often driven by such strategic objectives as:  A. expanding a company's geographic coverage or extending its business...

Which of the following is NOT a typical strategic objective or benefit that drives mergers and acquisitions?

Which of the following is NOT a typical strategic objective or benefit that drives mergers and acquisitions?  A. To gain quick access to new...

The difference between a merger and an acquisition relates to:

The difference between a merger and an acquisition relates to:  A. strategy and competitive advantage. B. the presence of available resources...

The difference between a merger and an acquisition is that:

The difference between a merger and an acquisition is that:  A. a merger involves one company purchasing the assets of another company with cash,...

The extent to which a firm's internal activities encompass one, some, many, or all of the activities that make up an industry's entire value chain system is known as:

The extent to which a firm's internal activities encompass one, some, many, or all of the activities that make up an industry's entire value chain system...

The range of product and service segments that the firm serves within its market is known as the firm's:

The range of product and service segments that the firm serves within its market is known as the firm's:  A. horizontal scope. B. vertical integration. C....

What does the scope of the firm refer to?

What does the scope of the firm refer to?  A. The range of activities the firm performs externally and its social responsibility activities B....

Any company that seeks competitive advantage by being a first-mover must ask several hard questions prior to executing its strategy. Which question would it NOT ask?

Any company that seeks competitive advantage by being a first-mover must ask several hard questions prior to executing its strategy. Which question...

For every emerging opportunity there exists:

For every emerging opportunity there exists:  A. a market penetration curve, and this typically has an inflection point where the business model...

The race among rivals for industry leadership is more likely to be a marathon rather than a sprint when:

The race among rivals for industry leadership is more likely to be a marathon rather than a sprint when:  A. new industry or market segments...

Because when to make a strategic move can be just as important as what move to make, a company's best option with respect to timing is:

Because when to make a strategic move can be just as important as what move to make, a company's best option with respect to timing is:  A. to...

In which of the following cases are late-mover advantages (or first-mover disadvantages) NOT likely to arise?

In which of the following cases are late-mover advantages (or first-mover disadvantages) NOT likely to arise?  A. When the costs of pioneering...

First-mover disadvantages (or late-mover advantages) rarely ever arise when:

First-mover disadvantages (or late-mover advantages) rarely ever arise when:  A. the costs of pioneering are much higher than being a follower...

In which of the following instances is being a first-mover NOT particularly advantageous?

In which of the following instances is being a first-mover NOT particularly advantageous? A. When moving first with a preemptive strike makes imitation...

Being first to initiate a particular strategic move can have a high payoff in all of the following EXCEPT when:

Being first to initiate a particular strategic move can have a high payoff in all of the following EXCEPT when:  A. pioneering helps build up...

Which of the following signals would NOT warn challengers that strong retaliation is likely?

Which of the following signals would NOT warn challengers that strong retaliation is likely?  A. Publicly announcing management's commitment...

What is the goal of signaling a challenger that strong retaliation is likely in the event of an attack?

What is the goal of signaling a challenger that strong retaliation is likely in the event of an attack?  A. To alleviate their fears by committing...

Which of the following ways are employed by defending companies to fend off a competitive attack?

Which of the following ways are employed by defending companies to fend off a competitive attack? A. Remain steadfast to current product features,...

Which of the following is NOT a purpose of a defensive strategy?

Which of the following is NOT a purpose of a defensive strategy?  A. To increase the risk of having to defend an attack. B. To weaken the impact...

All firms are subject to offensive challenges from rivals. The intent of the best defensive move is to:

All firms are subject to offensive challenges from rivals. The intent of the best defensive move is to:  A. lower the risk of being attacked. B....

Which of the following is NOT a prime example of a blue-ocean market strategy?

Which of the following is NOT a prime example of a blue-ocean market strategy?  A. The eBay online auction industry. B. Starbucks coffee shops. C....

A blue-ocean strategy:

A blue-ocean strategy:  A. is an offensive strike employed by a market leader that is directed at pilfering customers away from unsuspecting...

When challenging a struggling rival, it can:

When challenging a struggling rival, it can:  A. sap the rival's financial strength and competitive position. B. weaken the rival's resolve. C....

Which of the following rivals make the best targets for an offensive attack?

Which of the following rivals make the best targets for an offensive attack?  A. Firms with weaknesses in areas where the challenger is strong. B....

An offensive to yield good results can be short if:

An offensive to yield good results can be short if:  A. buyers respond immediately (to a dramatic cost-based price cut or imaginative ad campaign). B....

Which of the following is NOT a principal offensive strategy option?

Which of the following is NOT a principal offensive strategy option?  A. Leapfrogging competitors by being first to market with next-generation...

The principal offensive strategy options include all of the following EXCEPT:

The principal offensive strategy options include all of the following EXCEPT:  A. using a cost advantage to attack competitors on the basis of...

Strategic offensives should, as a general rule, be based on:

Strategic offensives should, as a general rule, be based on:  A. exploiting a company's strongest competitive assets—its most valuable resources...

Which one of the following is NOT a strategic choice that a company must make to complement and supplement its choice of one of the five generic competitive strategies?

Which one of the following is NOT a strategic choice that a company must make to complement and supplement its choice of one of the five generic competitive...

Once a company has decided to employ a particular generic competitive strategy, then it must make such additional strategic choices, such as:

Once a company has decided to employ a particular generic competitive strategy, then it must make such additional strategic choices, such as:  A....

Sometimes it makes sense for a company to go on the offensive to improve its market position and business performance. The best offensives tend to incorporate the following EXCEPT:

Sometimes it makes sense for a company to go on the offensive to improve its market position and business performance. The best offensives tend to incorporate...