JMU COB 487 Final Exam 2026 Questions and
Answers
1. strategy imple- the sum total of all activities and choices required for the execution of a strategic
mentation plan
2. The who People going to carry out the strategic plan
3. The what action that has to be done to align company operations in the intended direction
4. The how The way everyone is going to work together to do what is needed
5. Strategy Imple- 1. Took more time than planned
mentation Prob-
lems 2. Unanticipated major problems
3. Inettective coordination
4. Competing activities and crises created distractions
5. Employees with insuflcient capabilities
6. Lower-level employees were inadequately trained
7. Uncontrollable external environmental factors
8. Poor departmental leadership and direction
9. Inadequately defined implementation tasks and activities
10. Ineflcient information system to monitor activities
6. Timing tactic deals with when a company implements a strategy
7. First mover first company to manufacture and sell a new product or service
8. Late Movers
, JMU COB 487 Final Exam 2026 Questions and
Answers
may be able to imitate the technological advances of others, keep risks down
by waiting until a new technological standard or market is established and take
advantage of the first mover's natural inclination to ignore market segments
9. Market location deals with where a company implements a strategy
tactic
10. Offensive tactic Usually takes place in an established competitor's market location
11. Defensive tactic Usually takes place in a firm's own current market position as a defense against
possible attack by a rival
12. Offensive Tactics - frontal assault
- flanking maneuver
- bypass attack
- encirclement
- guerrilla warfare
13. Defensive Tactics - Raise structural barriers
- Increase expected retaliation
- Lower the inducement for attack
14. Budget Planning a is the last real check a corporation has on the feasibility of
its selected strategy
15. Procedures - Detail various activities that must be carried out to complete a corporation's
programs.
- Standard operating procedures are an example
16. Forms of synergy - Shared know-how
- Coordinated strategies
- Shared tangible resources
- Economies of scale or scope
, JMU COB 487 Final Exam 2026 Questions and
Answers
- Pooled negotiating power
- New business creation
17. Structure Follows changes in corporate strategy lead to changes in organizational structure
Strategy
1. New strategy is created
2. New administrative problems emerge
3. Economic performance declines
4. New appropriate structure is invented
5. Profit returns to its previous level
18. Simple Structure Stage 1 of corporate development. Flexible and dynamic.
19. Functional Struc- Stage 2 of corporate development. Entrepreneur is replaced by a team of man-
ture agers.
20. Divisional Struc- Stage 3 of corporate development. Management of diverse product lines in
ture numerous industries. Decentralized decision making.
21. Beyond SBUs Stage for of corporate development. Involves Matrix & Network.
22. Internal Block This block does not allow you to change stages in corporate development due to:
- Lack of resources
- Lack of ability
- Refusal of top management to delegate
23. External Block This block does not allow you to change stages in corporate development due to:
- Economic conditions
- Labor shortages
- Lack of market growth
24. Blocks to Chang- - loyalty
ing Stages (Entre- - task orientation
preneurs):
Answers
1. strategy imple- the sum total of all activities and choices required for the execution of a strategic
mentation plan
2. The who People going to carry out the strategic plan
3. The what action that has to be done to align company operations in the intended direction
4. The how The way everyone is going to work together to do what is needed
5. Strategy Imple- 1. Took more time than planned
mentation Prob-
lems 2. Unanticipated major problems
3. Inettective coordination
4. Competing activities and crises created distractions
5. Employees with insuflcient capabilities
6. Lower-level employees were inadequately trained
7. Uncontrollable external environmental factors
8. Poor departmental leadership and direction
9. Inadequately defined implementation tasks and activities
10. Ineflcient information system to monitor activities
6. Timing tactic deals with when a company implements a strategy
7. First mover first company to manufacture and sell a new product or service
8. Late Movers
, JMU COB 487 Final Exam 2026 Questions and
Answers
may be able to imitate the technological advances of others, keep risks down
by waiting until a new technological standard or market is established and take
advantage of the first mover's natural inclination to ignore market segments
9. Market location deals with where a company implements a strategy
tactic
10. Offensive tactic Usually takes place in an established competitor's market location
11. Defensive tactic Usually takes place in a firm's own current market position as a defense against
possible attack by a rival
12. Offensive Tactics - frontal assault
- flanking maneuver
- bypass attack
- encirclement
- guerrilla warfare
13. Defensive Tactics - Raise structural barriers
- Increase expected retaliation
- Lower the inducement for attack
14. Budget Planning a is the last real check a corporation has on the feasibility of
its selected strategy
15. Procedures - Detail various activities that must be carried out to complete a corporation's
programs.
- Standard operating procedures are an example
16. Forms of synergy - Shared know-how
- Coordinated strategies
- Shared tangible resources
- Economies of scale or scope
, JMU COB 487 Final Exam 2026 Questions and
Answers
- Pooled negotiating power
- New business creation
17. Structure Follows changes in corporate strategy lead to changes in organizational structure
Strategy
1. New strategy is created
2. New administrative problems emerge
3. Economic performance declines
4. New appropriate structure is invented
5. Profit returns to its previous level
18. Simple Structure Stage 1 of corporate development. Flexible and dynamic.
19. Functional Struc- Stage 2 of corporate development. Entrepreneur is replaced by a team of man-
ture agers.
20. Divisional Struc- Stage 3 of corporate development. Management of diverse product lines in
ture numerous industries. Decentralized decision making.
21. Beyond SBUs Stage for of corporate development. Involves Matrix & Network.
22. Internal Block This block does not allow you to change stages in corporate development due to:
- Lack of resources
- Lack of ability
- Refusal of top management to delegate
23. External Block This block does not allow you to change stages in corporate development due to:
- Economic conditions
- Labor shortages
- Lack of market growth
24. Blocks to Chang- - loyalty
ing Stages (Entre- - task orientation
preneurs):
