STRATEGIC AND TACTICAL
CONSIDERATIONS ON THE FIREGROUND
4TH EDITION GLOBAL JIM SMITH TEST
BANK ALL C
⫸ Salemi Industries launched Cell Zone unsuccessfully in 2005 because
it did not understand the market
demand for its new product. This is an example of Answer: B.
environmental scanning.
⫸ Environmental analysis requires continual questioning of all of these
assumptions except Answer: D. continual updating of environmental
knowledge.
⫸ Examples of how to improve perceptual acuity include: Answer: C. A
CEO meets with direct competitors to analyze current industry trends.
The CEOs share their
conclusions with their respective companies
⫸ Perceptual acuity requires all of the following except Answer: D. a
refusal to consult with others
⫸ Two non-competing global firms meet quarterly to discuss multiple
perspectives on world trends. This
, is an example of how to improve Answer: B. perceptual acuity.
⫸ Which of the following is not an input to develop forecasts? Answer:
D. stakeholder management
⫸ Boards of directors use outsiders to critique their strategy. This is
necessary to improve mostly Answer: B. organizational hierarchy
⫸ When the management frame of reference gets out of touch with the
realities of the actual business situation what can happen to the firm?,
Answer: A. The company business strategy no longer works
⫸ Corporate retreats do not Answer: B. guarantee positive consumer
response to new products
⫸ Why must successful managers recognize opportunities and threats in
their company external
environment? Answer: A. If they miscalculate the market, opportunities
will be lost.
⫸ _____________ tracks the evolution of environmental trends,
sequences of events, or streams of
activities. Answer: B. Environmental monitoring
⫸ Taking advantage of the increasing penetration of personal computers
in American homes, the Mayo
CONSIDERATIONS ON THE FIREGROUND
4TH EDITION GLOBAL JIM SMITH TEST
BANK ALL C
⫸ Salemi Industries launched Cell Zone unsuccessfully in 2005 because
it did not understand the market
demand for its new product. This is an example of Answer: B.
environmental scanning.
⫸ Environmental analysis requires continual questioning of all of these
assumptions except Answer: D. continual updating of environmental
knowledge.
⫸ Examples of how to improve perceptual acuity include: Answer: C. A
CEO meets with direct competitors to analyze current industry trends.
The CEOs share their
conclusions with their respective companies
⫸ Perceptual acuity requires all of the following except Answer: D. a
refusal to consult with others
⫸ Two non-competing global firms meet quarterly to discuss multiple
perspectives on world trends. This
, is an example of how to improve Answer: B. perceptual acuity.
⫸ Which of the following is not an input to develop forecasts? Answer:
D. stakeholder management
⫸ Boards of directors use outsiders to critique their strategy. This is
necessary to improve mostly Answer: B. organizational hierarchy
⫸ When the management frame of reference gets out of touch with the
realities of the actual business situation what can happen to the firm?,
Answer: A. The company business strategy no longer works
⫸ Corporate retreats do not Answer: B. guarantee positive consumer
response to new products
⫸ Why must successful managers recognize opportunities and threats in
their company external
environment? Answer: A. If they miscalculate the market, opportunities
will be lost.
⫸ _____________ tracks the evolution of environmental trends,
sequences of events, or streams of
activities. Answer: B. Environmental monitoring
⫸ Taking advantage of the increasing penetration of personal computers
in American homes, the Mayo
