PRIMAN Ch.8

This tool strategically measures the potential growth rate of a company within its industry versus its relative market share.

• Portfolio Strategy

• Boston Consulting Group Matrix

• Diversification Strategy

This tool for putting strategy in action means the change leaders are out there talking about the change, adjusting their own behaviors to align with the change strategy

• Top Down Management Style

• Candid Communication

• Visible Leadership

Based on the discussion, what are the 3 stages of Strategic Management ?

• Strategy Formulation, Strategy Implementation, Strategy Evaluation & Control

• Strategy Evaluation, Strategy Implementation, Strategy Monitoring

• Strategy Formulation, Strategy Implementation, Strategy Evaluation

Which of the ff is not one of the three fundamental strategy evaluation activities?

• Linking employee compensation plan to organizational performance

• Reviewing external and internal factors that are the basis for the strategies

• Measuring performance and taking corrective actions

Which level of strategy deals with decisions related to various business areas in which the firm operates and competes?

• Functional Level Strategies

• Corporate Level Strategies

• Business Level Strategies

It is a framework for corporate-level strategy that pertains to the mix of strategic business units and product lines that fit together in a logical way to provide synergy and competitive advantage.

• Portfolio strategy

• BCG Matrix

• Diversification strategy

• Differentiation strategy

What is the commonly used model for formulating business level-strategy?

• BCG Matrix

• Porter’s Five Competitive Forces

• Portfolio Strategy

• Diversification Strategy

Mergers, acquisitions, strategic partnership, joint ventures, and franchise are what examples of strategies develop by companies?

• Core Competencies

• Synergy

• Value for Customers

This is a characteristic of the external environment that has the potential to help organization achieve or exceed its strategic goal.

• Strengths

• Opportunities

• Threats

• Weaknesses

What are the four types of strategy using SWOT matrix?

• SO, WO, ST and WT

• SO, WO, SW and OT

• ST, WT, OT and SW