CHAPTER 6-10

Environmental sustainability is the extent that an organization’s operations and actions protect, mend and _________ rather than harm or destroy the natural environment

In matching stage, what are the CORRECT techniques that can be used:

I. Strengths-Weaknesses-Opportunities-Threats (SWOT) Matrix

II. Strategic Practices and Action Evaluation (SPACE) Matrix

III. Boston Consulting Group (BCG) Matrix

IV. Internal-External (IE) Matrix

V. Grand Strategy Matrix

• I, II, III and V

• I, III, IV and V

• II, III, IV and V

• I, II, III, IV and V

How many R&D approaches for implementing strategies?

• One

• Two

• Three

• Four

What are the CORRECT critical comparisons the strategists use measure the organizational performance:

I. Comparing the firm’s performance over similar time periods

II. Comparing the firm’s performance to rivals’

III. Comparing the firm’s performance to industry averages

IV. Comparing the firm’s performance over different time periods

• I, II and III

• I, III and IV

• II, III and IV

• I, II, III and IV

Which are the INCORRECT ways and means for altering the organization’s culture?

I. Recruitment

II. Maintaining reward system

III. Transfer

IV. Promotion

V. Redesigning

VI. Reengineering

VII. Role modeling

VIII. Negative reinforcement

• I, II and V

• II, V and VII

• III, VI and VIII

• II, V and VIII

In developing a corporate wellness program, most companies will use __________ such as giving employee discounts on insurance premiums or even extra cash.

Bribery can be defined as the offering, _________, receiving, or _________ of any item of value to influence the actions of an official or other person in discharge of a public or legal duty.

Which of the statement is the CORRECT sixth step in SWOT matrix?

A. Match internal weaknesses with external opportunities, and record the resultant WO strategies

B. Match internal strengths with external opportunities, and record the resultant SO strategies.

C. List the firm’s key internal weaknesses.

D. Match internal strengths with external threats, and record the resultant ST strategies.

• A

• B

• C

• D

What are the CORRECT corrective actions that can be done to correct unfavorable variances?

I. Raise capital with stock or debt.

II. Add or terminate salespersons, employees, or managers.

III. Alter the firm’s vision or mission.

IV. Allocate resources similarly.

V. Alter the firm’s structure.

• I, II, III and IV

• I, III, IV and V

• I, II, III and V

• I, II, III, IV and V

'Subtract from the net income any dividends to be paid for that year' is the fifth step in performing projected financial analysis.

Is it true or false?