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MGT 204 - Quiz 1

Total questions: 15

Worksheet time: 12mins

Name
Class
Date
1.

It involves setting an objectives, analyzing the competitive environment and internal organization, evaluating strategies and implementing strategies.

a)

Strategic

b)

Business Model

c)

Management

d)

Strategic Management

2.

A carefully crafted set of steps that a firm intends to follow in order to be successful.

a)

Strategy as a Ploy

b)

Strategy as a Plan

c)

Strategy as a Perspective

d)

Strategy as a Position

3.

A specific move designed to outwit or trick competitors.

a)

Strategy as a Plan

b)

Strategy as a Perspective

c)

Strategy as a Ploy

d)

Strategy as a Pattern

4.

The degree of consistency in a firm's strategic action.

a)

Strategy as a Plan

b)

Strategy as a Perspective

c)

Strategy as a Ploy

d)

Strategy as a Pattern

5.

A firm's place in the industry relative to its competitors.

a)

Strategy as a Position

b)

Strategy as a Perspective

c)

Strategy as a Ploy

d)

Strategy as a Pattern

6.

It is how executives interpret the competitive landscape of the industry.

a)

Strategy as a Position

b)

Strategy as a Perspective

c)

Strategy as a Ploy

d)

Strategy as a Pattern

7.

It describes the process as to how the business deliver value to the customers at an appropriate cost.

a)

Business Plan

b)

Business Model

c)

Strategy as a Plan

d)

Economies of scale

8.

It is considered as the original plan of the business which hopes to execute.

a)

Intended Strategy

b)

Emergent Strategy

c)

Realized Strategy

d)

Deliberate Strategy

9.

It is the strategy that comes from unexpected opportunities and challenges.

a)

Intended Strategy

b)

Emergent Strategy

c)

Realized Strategy

d)

Deliberate Strategy

10.

It is the strategy that actually follows.

a)

Intended Strategy

b)

Emergent Strategy

c)

Realized Strategy

d)

Deliberate Strategy

11.

It is the part of the intended strategy that the firm continue to pursue overt time.

a)

Intended Strategy

b)

Emergent Strategy

c)

Realized Strategy

d)

Deliberate Strategy

12.

It is the result of both Emergent and Deliberate Strategy.

a)

Intended Strategy

b)

Emergent Strategy

c)

Realized Strategy

d)

Deliberate Strategy

13.

It refers to the the abandoned parts of the intended strategy.

a)

Intended Strategy

b)

Emergent Strategy

c)

Realized Strategy

d)

Non-realized Strategy

14.

He uses the heirarchical delegation of authority during the Exodus from Egypt.

a)

Moses

b)

King Arthur

c)

Sun Tzu

d)

Henry Mintzberg

15.

He articulated the 5 P's of Strategy.

a)

Moses

b)

King Arthur

c)

Sun Tzu

d)

Henry Mintzberg