MAN 4720 Final Exam UCF (Capstone UCF)
Questions and Answers
Question 1
In the A-M-C framework, having the resources to respond effectively refers to:
A. awareness
B. motivation
C. capability
D. connection
E. market
Correct Answer
C
Question 2
Which of the following is a form of internationalization entry?
A. exporting
B. joint venture
C. wholly owned subsidiary
D. franchising
E. all of the above
Correct Answer
E
Page 1 of 53
,Question 3
What is a generic business strategy?
A. a general way of positioning a firm's business-level strategy within an industry
B. a general way of positioning a firm's business-level strategy to penetrate an
international market
C. a general strategy that positions your firm in a competitive position within an
industry
D. all of the above
Correct Answer
A
Question 4
Which internationalization strategy has products and services that are tailored to local
markets and focuses on competition in each market?
A. transnational strategy
B. multidomestic strategy
C. global strategy
D. unilateral strategy
Correct Answer
B
Question 5
A firm is said to be _____ if it does not offer features that are unique enough to
convince customers to buy its offerings and its prices are too high to effectively
compete on based on price.
A. outdated
B. obsolete
C. stuck in the middle
D. stuck in the mud
Correct Answer
C
Page 2 of 53
,Question 6
All of the following are benefits of multidivisional structure except:
A. separation of strategic and operating control
B. quick response to important changes in external environment
C. minimal problems of sharing resources across functional departments
D. cost effective structure to implement
E. all of the above
Correct Answer
D
Question 7
A company using a best cost strategy may do all of the following EXCEPT:
A. use more than one generic strategy
B. compete on price and uniqueness
C. might consider different strategies for different brands
D. uses the single best strategy possible to obtain the best cost available
Correct Answer
D
Question 8
T/F: The first step in the acquisition decision making process is target screening.
Correct Answer
T
Page 3 of 53
, Question 9
In Porter's Diamond of National Advantage, which aspect answers the question of
how reliable suppliers are in that country and if there are other companies in related
industries that you can work with?
A. factor endowments
B. demand conditions
C. related and supporting industries
D. firm strategy, structure, and rivalry
Correct Answer
C
Question 10
T/F: In the BCG Matrix, you should kill the dog.
Correct Answer
T
Question 11
Which of the following is a characteristic of forward vertical integration?
A. eliminating bottle-necks
B. reducing costs of inputs
C. unifying systems and making processes more efficient
D. buying your suppliers
Correct Answer
C
Question 12
T/F: Global Internationalizaton Strategies are common in Europe because of the broad
variety of cultures nearby.
Correct Answer
F
Page 4 of 53
Questions and Answers
Question 1
In the A-M-C framework, having the resources to respond effectively refers to:
A. awareness
B. motivation
C. capability
D. connection
E. market
Correct Answer
C
Question 2
Which of the following is a form of internationalization entry?
A. exporting
B. joint venture
C. wholly owned subsidiary
D. franchising
E. all of the above
Correct Answer
E
Page 1 of 53
,Question 3
What is a generic business strategy?
A. a general way of positioning a firm's business-level strategy within an industry
B. a general way of positioning a firm's business-level strategy to penetrate an
international market
C. a general strategy that positions your firm in a competitive position within an
industry
D. all of the above
Correct Answer
A
Question 4
Which internationalization strategy has products and services that are tailored to local
markets and focuses on competition in each market?
A. transnational strategy
B. multidomestic strategy
C. global strategy
D. unilateral strategy
Correct Answer
B
Question 5
A firm is said to be _____ if it does not offer features that are unique enough to
convince customers to buy its offerings and its prices are too high to effectively
compete on based on price.
A. outdated
B. obsolete
C. stuck in the middle
D. stuck in the mud
Correct Answer
C
Page 2 of 53
,Question 6
All of the following are benefits of multidivisional structure except:
A. separation of strategic and operating control
B. quick response to important changes in external environment
C. minimal problems of sharing resources across functional departments
D. cost effective structure to implement
E. all of the above
Correct Answer
D
Question 7
A company using a best cost strategy may do all of the following EXCEPT:
A. use more than one generic strategy
B. compete on price and uniqueness
C. might consider different strategies for different brands
D. uses the single best strategy possible to obtain the best cost available
Correct Answer
D
Question 8
T/F: The first step in the acquisition decision making process is target screening.
Correct Answer
T
Page 3 of 53
, Question 9
In Porter's Diamond of National Advantage, which aspect answers the question of
how reliable suppliers are in that country and if there are other companies in related
industries that you can work with?
A. factor endowments
B. demand conditions
C. related and supporting industries
D. firm strategy, structure, and rivalry
Correct Answer
C
Question 10
T/F: In the BCG Matrix, you should kill the dog.
Correct Answer
T
Question 11
Which of the following is a characteristic of forward vertical integration?
A. eliminating bottle-necks
B. reducing costs of inputs
C. unifying systems and making processes more efficient
D. buying your suppliers
Correct Answer
C
Question 12
T/F: Global Internationalizaton Strategies are common in Europe because of the broad
variety of cultures nearby.
Correct Answer
F
Page 4 of 53
