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PRIMAN Ch.8

Total questions: 10

Worksheet time: 2mins

Name
Class
Date
1.

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

a)

Portfolio Strategy

b)

Boston Consulting Group Matrix

c)

Diversification Strategy

2.

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

a)

Top Down Management Style

b)

Candid Communication

c)

Visible Leadership

3.

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

a)

Strategy Formulation, Strategy Implementation, Strategy Evaluation & Control

b)

Strategy Evaluation, Strategy Implementation, Strategy Monitoring

c)

Strategy Formulation, Strategy Implementation, Strategy Evaluation

4.

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

a)

Linking employee compensation plan to organizational performance

b)

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

c)

Measuring performance and taking corrective actions

5.

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

a)

Functional Level Strategies

b)

Corporate Level Strategies

c)

Business Level Strategies

6.

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.

a)

Portfolio strategy

b)

BCG Matrix

c)

Diversification strategy

d)

Differentiation strategy

7.

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

a)

BCG Matrix

b)

Porter’s Five Competitive Forces

c)

Portfolio Strategy

d)

Diversification Strategy

8.

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

a)

Core Competencies

b)

Synergy

c)

Value for Customers

9.

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

a)

Strengths

b)

Opportunities

c)

Threats

d)

Weaknesses

10.

What are the four types of strategy using SWOT matrix?

a)

SO, WO, ST and WT

b)

SO, WO, SW and OT

c)

ST, WT, OT and SW