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chapter 7 strategy formulation: corporate strategy

Total questions: 10

Worksheet time: 3mins

Name
Class
Date
1.

A large multi-business corporations compete against other large multi-business firms in a number of markets

a)

horizontal strategy

b)

portolio analysis

c)

multi-point competition

d)

corporate parenting

2.

It can be explained as the management plan formulated by the highest level of organization, to direct and operate the entire business organization.

a)

corporate strategy

b)

corporate parenting

c)

turnaround strategy

d)

none of the above

3.

It refers to the firm’s overall orientation toward growth, stability or retrenchment

a)

portfolio analysis

b)

parenting strategy

c)

directional strategy

d)

all of the above

4.

reduces the company’s level of activities

a)

growth strategy

b)

stability strategy

c)

retrenchment strategy

d)

corporate strategy

5.

A transaction involving two or more corporations in which stock is exchanged but in which only one corporation survives

a)

acquisition

b)

retrenchment

c)

merger

d)

none of the above

6.

Is achieved by taking over a function previously provided by a supplier or distributor.

a)

vertical growth

b)

horizontal growth

c)

diagonal growth

d)

all of the above

7.

the concept that two businesses will generate more profits together than they could separately.

a)

merger

b)

concentric diversification

c)

synergy

d)

retrenchment

8.

the following are under retrenchment strategies category except for..

a)

turnaround strategy

b)

consolidation

c)

extraction

d)

contraction

9.

It refers to the systematic way of analyzing the products and services that make up an association's business portfolio

a)

portfolio analysis

b)

corporate strategy

c)

parenting strategy

d)

none of the above

10.

the following are aspects of corporate strategy except for..

a)

growth strategy

b)

directional strategy

c)

portfolio analysis

d)

parenting strategy

e)

all of the above