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WorksheetsStrategy Analysis & Implementation
Total questions: 10
Worksheet time: 6mins
Strategy analysis and choice largely involves making subjective decisions based on objective information.
True
False
Which stage in the strategy-formulation framework focuses on generating feasible alternative strategies?
Input
Matching
Output
Decision
Which matrix is included in the decision stage of the strategy formulation framework?
Internal Factor Evaluation (IFE) Matrix
Boston Consulting Group (BCG) Matrix
Grand Strategy Matrix
Quantitative Strategic Planning Matrix (QSPM)
A SWOT Matrix is composed of four cells for the four types of strategies it creates.
True
False
In the Boston Consulting Group (BCG) Matrix, how would a division with a low relative market share position in a high growth industry be described?
Question Mark
Cash cow
Star
Stuck-in-the-middle
Effective strategy formulation can usually guarantee successful strategy implementation
True
False
Which word or phrase would be most suitable to use in written objective statements?
Minimum
Maximum
Average
10 percent increase
What type of organizational structure promotes specialization of labor and allows rapid decision making?
Divisional structure by product
Functional structure
Divisional structure by customer
Matrix structure
What action involves reconfiguring or redesigning work, jobs, and processes for the purpose of improving cost, quality, service, and speed?
Restructuring
Downsizing
Reengineering
Recruiting
Changing a strategy to fit an existing culture
is usually less effective than changing a firm's culture to fit a new strategy
is usually more effective than changing a firm's culture to fit a new strategy
is just as effective as changing a firm's culture to fit a new strategy
is always the best option
