MGMT 300 - Chapter 8 Exam Questions and Answers Fully Solved
D. - Answers Which of the following is a business activity that an organization does especially well
relative to its competition?
a.Strategy
b.Synergy
c.Cash cow
d.Core competence
e.Multidomestic
B. - Answers The condition that exists when the organization's parts interact to produce a joint effect
that is greater than the sum of the parts acting alone is known as:
a.core competence.
b. synergy.
c.value creation.
d.business-level strategy.
e.multidomestic strategy
A. - Answers When properly managed, _____ can create additional value with existing resources,
providing a big boost to the bottom line.
a.synergy
b. competitors
c.government contacts
d.command structure
e.cooperation among customers
B. - Answers _____ can be defined as the combination of benefits received and costs paid by the
customer.
a.Organizational benefits
b. Value
c.Cost-benefit diversity
,d.Synergy
e.Core competence
D. - Answers After Sunshine Systems merged with RTD Enterprises, company executives noticed that due
to increased employee collaboration between the two units, costs were down and revenues increased
within both areas. This isan example ofwhat business phenomenon?
a.Strategy execution
b. Portfolio strategy
c.Core competency
d.Synergy
e.Delivering value
D. - Answers When AT&T decided to buy Media One, a cable company, it was pursuing a(n) _____
strategy.
a.functional-level
b. internal growth
c.multi-domestic
d.corporate-level
e.business-leve
E. - Answers _____ level strategy pertains to the major functional departments within the business unit.
a.Operational
b.Corporate
c.National
d.Business
e.Functional
A. - Answers When Philip-Morris, the tobacco giant, bought Kraft, Inc., it was pursuing a _____.
a.corporate-level strategy
b. business-level strategy
c.functional-level strategy
, d.multidomestic strategy
e.retrenchment strategy
C. - Answers Which of the following pertains to the organization as a whole?
a.Business-level strategy
b. Functional-level strategy
c.Corporate-level strategy
d.Operational-level strategy
e.Competitive-level strategy
A. - Answers Sears' decision to sell off much of its financial services division is an example of a:
a.corporate-level strategy.
b. business-level strategy.
c.functional-level strategy.
d.growth strategy.
e.stability strategy.
A. - Answers A corporate-level strategy is concerned with the question:
a.what business are we in?
b. how do we compete?
c.how do we support our chosen strategy?
d.where do we market our products?
e.should we promote from within
E. - Answers When Coca-Cola introduced Surge, a new citrus soft-drink, what type of strategy was being
pursued?
a.Functional-level strategy
b. Multi-domestic strategy
c.Corporate-level strategy
d.Retrenchment strategy
D. - Answers Which of the following is a business activity that an organization does especially well
relative to its competition?
a.Strategy
b.Synergy
c.Cash cow
d.Core competence
e.Multidomestic
B. - Answers The condition that exists when the organization's parts interact to produce a joint effect
that is greater than the sum of the parts acting alone is known as:
a.core competence.
b. synergy.
c.value creation.
d.business-level strategy.
e.multidomestic strategy
A. - Answers When properly managed, _____ can create additional value with existing resources,
providing a big boost to the bottom line.
a.synergy
b. competitors
c.government contacts
d.command structure
e.cooperation among customers
B. - Answers _____ can be defined as the combination of benefits received and costs paid by the
customer.
a.Organizational benefits
b. Value
c.Cost-benefit diversity
,d.Synergy
e.Core competence
D. - Answers After Sunshine Systems merged with RTD Enterprises, company executives noticed that due
to increased employee collaboration between the two units, costs were down and revenues increased
within both areas. This isan example ofwhat business phenomenon?
a.Strategy execution
b. Portfolio strategy
c.Core competency
d.Synergy
e.Delivering value
D. - Answers When AT&T decided to buy Media One, a cable company, it was pursuing a(n) _____
strategy.
a.functional-level
b. internal growth
c.multi-domestic
d.corporate-level
e.business-leve
E. - Answers _____ level strategy pertains to the major functional departments within the business unit.
a.Operational
b.Corporate
c.National
d.Business
e.Functional
A. - Answers When Philip-Morris, the tobacco giant, bought Kraft, Inc., it was pursuing a _____.
a.corporate-level strategy
b. business-level strategy
c.functional-level strategy
, d.multidomestic strategy
e.retrenchment strategy
C. - Answers Which of the following pertains to the organization as a whole?
a.Business-level strategy
b. Functional-level strategy
c.Corporate-level strategy
d.Operational-level strategy
e.Competitive-level strategy
A. - Answers Sears' decision to sell off much of its financial services division is an example of a:
a.corporate-level strategy.
b. business-level strategy.
c.functional-level strategy.
d.growth strategy.
e.stability strategy.
A. - Answers A corporate-level strategy is concerned with the question:
a.what business are we in?
b. how do we compete?
c.how do we support our chosen strategy?
d.where do we market our products?
e.should we promote from within
E. - Answers When Coca-Cola introduced Surge, a new citrus soft-drink, what type of strategy was being
pursued?
a.Functional-level strategy
b. Multi-domestic strategy
c.Corporate-level strategy
d.Retrenchment strategy
