Quizzes LSUS (Heller) questions and
answers
The matrix structure is a combination of the functional and product divisional
structures. ✔✔Which form of organizational structure is actually a combination of
two other forms?
A. functional structure
B. product divisional
C. geographic divisional structure
D. matrix structure
D. matrix structure
The functional structure is usually the most centralized whereas the matrix
structure is usually the most decentralized. ✔✔Which of the following structures
tends to be the most decentralized?
A. functional structure
B. product divisional
, C. geographic divisional structure
D. matrix structureThe first step in crafting a strategy, a SWOT analysis, can enable
the firm to position itself to take advantage of particular opportunities in the
environment while avoiding or minimizing environmental threats. ✔✔The first
step in crafting a strategy is the SWOT analysis.
True or False?
False
The value chain is a useful tool for analyzing a firm's strengths and weaknesses
and understanding how they might translate into competitive advantage or
disadvantage. ✔✔The value chain is an analytical technique for identifying
organizational opportunities and threats.
True or False?
True
Opportunities and threats are developed from the analysis previously performed
on the macroenvironment and the industry. ✔✔Opportunities and threats should
emanate from the analysis of macroenvironmental and industry forces.
True or False?