اداره شابتر 4 بارت 2

After the SWOT analysis is complete, managers are ready to

• begin production

• identify competitors

• formulate strategies

• review the analysis

The final step in the strategic management process allows an organization to understand the

• effectiveness of the strategies used

• implementation of the strategies

• external environment

• resources and capabilities it possesses

Top-level managers are responsible for ________ strategies.

• tactical

• corporate

• competitive

• functional

Lower-level managers are responsible for ________ strategies

• functional

• stability

• corporate

• tactical

A(n) ________ strategy determines what businesses a company is in or wants to be in, and what it wants to do with those businesses.

• competitive

• functional

• operating

• corporate

What are the three main types of corporate strategies

• Stability, focus, and turnaround

• Growth, stability, and renewal

• Growth, cost leadership, and differentiation

• Stability, differentiation, and focus

A ________ strategy is when an organization expands the number of markets served or the products offered.

• growth

• renewal

• stability

• retrenchment

An organization that grows using ________ focuses on its primary line of business and increases the number of products offered or markets served in this primary business.

• diversification

• horizontal integration

• vertical integration

• concentration

In ________, a company grows by combining with competitors.

• concentrated integration

• horizontal integration

• vertical integration

• lateral integration

In ________ integration, the organization becomes its own supplier so it can control its inputs

• concentrated

• backward vertical

• forward vertical

• horizontal