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SM - Kapitel 04 - Types of strategies

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SM - Kapitel 4 - Types of strategies
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Quiz by bla bla, updated more than 1 year ago
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Created by bla bla over 6 years ago
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Resource summary

Question 1

Question
Financial objectives involve all of the following EXCEPT
Answer
  • growth in revenues
  • larger market share
  • higher dividends
  • greater return on investment
  • a rising stock price

Question 2

Question
What principle is based on the belief that the true measure of a really good strategist is the ability to solve problems?
Answer
  • Managing by crisis
  • Managing by objectives
  • managing by extrapolation
  • managing by exception
  • managing by hope

Question 3

Question
Which strategy is effective when new, but related, products could be offered at highly competitive prices?
Answer
  • Forward integration
  • related integration
  • related diversification
  • conglomerate diversification
  • unrelated diversification

Question 4

Question
Which strategy should an organization use when its products are currently in the declining stage of the product's life cycle?
Answer
  • divestiture
  • related diversification
  • backward integration
  • liquidation
  • retrenchment

Question 5

Question
Amazon's start of rapid delivery services in some U.S. cities is an example of which type of strategy?
Answer
  • Forward integration
  • Backward integration
  • Horizontal integration
  • Related diversification
  • Unrelated diversification

Question 6

Question
Divestiture is selling all of a company's assets, in parts, for their tangible worth.
Answer
  • True
  • False

Question 7

Question
What refers to a strategy of seeking ownership of, or increased control over a firm's competitors?
Answer
  • forward integration
  • conglomerate diversification
  • backward integration
  • horizontal integration
  • concentric diversification

Question 8

Question
In which situation would horizontal integration be an especially effective strategy?
Answer
  • When an organization can gain monopolistic characteristics in a particular area or region without being challenged by the federal government for "tending substantially" to reduce competition.
  • When an organization competes in a slowing industry.
  • When decreased economies of scale provide major competitive advantages.
  • When an organization has neither the capital nor the human talent needed to successfully manage an expanded organization.
  • When competitors are succeeding due to managerial expertise or having particular resources an organization possesses.

Question 9

Question
When a domestic company first begins to export to India, it is an example of
Answer
  • horizontal integration
  • backward integration
  • forward integration
  • concentric diversification
  • market development

Question 10

Question
A pasta manufacturer's purchase of some pet food brands is an example of
Answer
  • backward integration
  • divestiture
  • retrenchment
  • unrelated diversification
  • forward integration

Question 11

Question
When two organizations of about equal size unite to form one enterprise, which of these occurs?
Answer
  • Hostile takeover
  • Merger
  • Acquisition
  • Leveraged buyout
  • Friendly takeover
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