©FYNDLAY 2025 ALL RIGHTS RESERVED
Strategic Management Exam 3 Questions
and Answers 100% Pass
Organizational Structure - ANS The firm's formal reporting relationships, procedures,
controls, and authority and decision-making processes
Structural stability - ANS capacity required to consistently and predictably manage daily work
routines
Structural flexibility - ANS explore competitive possibilities; allocate resources that shape
compet advantages
Org Controls - ANS guide use of strategy; indicate how to compare actual results with
expected; suggest corrective actions; strategic/financial
Strategic Controls - ANS evaluate degree to which firms focus on the requirements to
implement their strategies
Financial Controls - ANS objective criteria used to measure firm performance against
previously established quantitative standards
Multidivisional (M Form) Structure - ANS cooperative, SBU, and competitive forms
Cooperative Form - ANS used for related constrained strat; horizontal integration brings
interdivisional cooperation; develop economies of scope; divisional coop through strategic
planning, HR, & marketing
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, ©FYNDLAY 2025 ALL RIGHTS RESERVED
SBU Form - ANS related linked strat; 3 levels- corp headquarters, SBUs, SBU divisions; share
competencies; individual SBUs are each profit centers; complex
Competitive Form - ANS unrelated diversification strat; complete independence among
competing divisions; don't share common corp strengths; benefits- flexibility, challenge to
status quo & inertia, motivates effort
Worldwide Product Divisional Structure - ANS decision making authority centralized in
worldwide division HQ to coordinate/integrate decisions/actions among divisional business
units; global strategy
Global Strategy - ANS firm offers standardized products across country markets
Combination Structure - ANS draws characteristics/mechanisms from worldwide geographic
area and product divisional structures; transitional strategy
Global Matrix Design - ANS promotes flexibility, limitations arise from employees responding
to more than one manager
Hybrid Design - ANS some divisions oriented toward products, others oriented toward
market areas
Strategic Network - ANS group of firms formed to create value by participating in multiple
cooperative arrangements such as alliances and joint ventures
Strategic Center Firm - ANS strategic outsourcing, competencies, technology, race to learn
Vertical Complementary Alliances - ANS complementary competencies in different value
chain stages that let them cooperatively integrate their different skills
©FYNDLAY 2
Strategic Management Exam 3 Questions
and Answers 100% Pass
Organizational Structure - ANS The firm's formal reporting relationships, procedures,
controls, and authority and decision-making processes
Structural stability - ANS capacity required to consistently and predictably manage daily work
routines
Structural flexibility - ANS explore competitive possibilities; allocate resources that shape
compet advantages
Org Controls - ANS guide use of strategy; indicate how to compare actual results with
expected; suggest corrective actions; strategic/financial
Strategic Controls - ANS evaluate degree to which firms focus on the requirements to
implement their strategies
Financial Controls - ANS objective criteria used to measure firm performance against
previously established quantitative standards
Multidivisional (M Form) Structure - ANS cooperative, SBU, and competitive forms
Cooperative Form - ANS used for related constrained strat; horizontal integration brings
interdivisional cooperation; develop economies of scope; divisional coop through strategic
planning, HR, & marketing
©FYNDLAY 1
, ©FYNDLAY 2025 ALL RIGHTS RESERVED
SBU Form - ANS related linked strat; 3 levels- corp headquarters, SBUs, SBU divisions; share
competencies; individual SBUs are each profit centers; complex
Competitive Form - ANS unrelated diversification strat; complete independence among
competing divisions; don't share common corp strengths; benefits- flexibility, challenge to
status quo & inertia, motivates effort
Worldwide Product Divisional Structure - ANS decision making authority centralized in
worldwide division HQ to coordinate/integrate decisions/actions among divisional business
units; global strategy
Global Strategy - ANS firm offers standardized products across country markets
Combination Structure - ANS draws characteristics/mechanisms from worldwide geographic
area and product divisional structures; transitional strategy
Global Matrix Design - ANS promotes flexibility, limitations arise from employees responding
to more than one manager
Hybrid Design - ANS some divisions oriented toward products, others oriented toward
market areas
Strategic Network - ANS group of firms formed to create value by participating in multiple
cooperative arrangements such as alliances and joint ventures
Strategic Center Firm - ANS strategic outsourcing, competencies, technology, race to learn
Vertical Complementary Alliances - ANS complementary competencies in different value
chain stages that let them cooperatively integrate their different skills
©FYNDLAY 2
