4pa3 case exam QUESTIONS WITH ANSWERS

4pa3 case exam QUESTIONS WITH
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ANSWERS


When assessing the operating performance of a
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company, a typical Financial Position indicator includes
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a. key expense ratios
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b. return on equity
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c. leverage ratios
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d. market share - CORRECT ANSWERS ✔✔c. leverage
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ratios


An enterprise where operational performance is negative
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and organizational health is positive is what type of
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organization?
a. An organization in crisis.
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b. A troubled organization.
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c. A complacent organization.
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d. A healthy organization - CORRECT ANSWERS ✔✔c. A
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complacent organization. |\




In 2007 Apple dropped ―Computer‖ from its name. From
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a visioning perspective this is
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,an example of
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a. revitalization
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b. establishing why they exist
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c. update a sense of vision
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d. carrying out a public relations exercise - CORRECT
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ANSWERS ✔✔d. carrying out a public relations exercise
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In the Collins and Porras framework, core values and core
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purpose need to be |\ |\ |\




paired with an envisioned future, including a vivid
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description that is reachable |\ |\ |\




in
a. 1 to 2 years
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b. 3 to 5 years
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c. 5 to 10 years
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d. over 10 years - CORRECT ANSWERS ✔✔d. over 10
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years


Good vision statements are best described as
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a. feasible and challenging
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b. feasible and readily implemented
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c. desirable and resistant to change
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,d. desirable and singular in their purpose - CORRECT
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ANSWERS ✔✔a. feasible and challenging |\ |\ |\ |\




Failure to translate a vision into a strategy is sometimes
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known as |\




a. corporate slide
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b. organizational lag
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c. faulty implementation
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d. strategic drift - CORRECT ANSWERS ✔✔d. strategic drift
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The general manager should set direction, create
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strategy, implement change, and |\ |\ |\




control the process. |\ |\




T/F - CORRECT ANSWERS ✔✔F
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Organizational performance is based on two sets of |\ |\ |\ |\ |\ |\ |\ |\



measures: operational |\




performance and financial health. |\ |\ |\




T/F - CORRECT ANSWERS ✔✔F
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Employee turnover is an example of an operating
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performance measure |\




T/F - CORRECT ANSWERS ✔✔T
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, A good vision statement should be one that is readily
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achievable.
T/F - CORRECT ANSWERS ✔✔F
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The vision for the organization is intended to provide
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direction and guidance. |\ |\ |\




T/F - CORRECT ANSWERS ✔✔F
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Strategy is about inspiring and motivating an |\ |\ |\ |\ |\ |\ |\



organization.
T/F - CORRECT ANSWERS ✔✔F
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The four components of the strategy model are
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a. goals, products, markets, and activities
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b. financial resources, goals, markets, and products
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c. focus, goals, activities, and financial resources
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d. value, goals, focus, and activities - CORRECT ANSWERS
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✔✔d. value, goals, focus, and activities
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A pure play corporate strategy will likely occur
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a. where between 70 and 95% of revenue comes from a
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single business unit |\ |\