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Strategic Mgmt Exam Questions and Answers

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Strategic Mgmt Exam Questions and Answers

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Strategic Mgmt Exam Questions and Answers

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Terms in this set (48)


Offensive strategic moves blocking the avenues open to challengers
involve all of the following
except

Bumble, a digital dating pursuing disruptive product innovations to create new
site where women make markets
the first move, specifically
uses which strategic
weapon in its offensive
arsenal

involves abandoning efforts to beat out competitors
in existing markets and instead invent a new industry
A blue-ocean strategy or new market segment that renders existing
competitors largely irrelevant and allows a company
to create and capture altogether new demand.

what is the goal of to dissuade challenges from attacking or diverting
signaling a challenger that then into using less threatening options
strong retaliation is likely
in the event of an attack

rapid market evolution due to face-paced changes in
first-mover advantages
technology or buyer preferences, presents
are unlikely to be present
opportunities to leapfrog a first-movers products with
when
more attractive next-version products

, a merger is the combining of two or more companies
a difference between a into a single corporate entity whereas an acquisition
merger and an acquisition involves one company (the acquirer) purchasing and
is that absorbing he operations of another company (the
acquired)

Vertical Integration offer good potential to expand a company's lineup of
Strategy products and services

A strategic disadvantage to impair a company's flexibility in accommodating
of vertical integration is shifting buyer preferences

collaborative formal arrangements where two or
more companies join forces and agree to work
strategic alliances are
cooperatively toward some strategically relevant
objective

if you were advising a partner obtains access to another partner's
Hoffmann-LaRoche, which proprietary knowledge base, technologies, or trade
set up Roche Partnering secrets
to manage more than 190
alliances in the healthcare
industry, what might not
be a reason why some of
those alliances could
prove to be unstable or
break apart?

The range of activities the firm performs internally and
What does the scope of
the breadth of its product offerings, the extent of its
the firm refer to?
geographic market, and its mix of businesses

Late-mover advantages the costs of pioneering are much higher than being a
(or first-mover follower and only negligible learning/experience
disadvantages) are not benefits accrue to a pioneer
likely to arise when

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