Mang 201 Test 2 CH 8-11 Test
With Complete Solution
The set of decisions and actions used to formulate and implement strategies
that will provide a competitively superior fit between the organization and its
environment so as to achieve organizational goals is known as: - ANSWER
strategic management
_____ can be defined as the combination of benefits received and costs paid
by the customer. - ANSWER value
Decisions regarding the proper amount of advertising for a particular good
or service are related to: - ANSWER business-level strategies
Paramount, Inc. is particularly concerned about pending legislation in
Congress that would further regulate their organization. This legislation
would be classified as a(n) _____. - ANSWER external threat
Double Click, Inc. has a number of strategic business units. Their hand-held
computer unit has a large market share in this rapidly growing industry. Their
hand-held computer business would be classified as: - ANSWER a star
The purpose of _____ is to expand the firm's business operations to produce
new kinds of valuable products and services? - ANSWER diversification
Mingles, Inc. concentrates its efforts on its target market of 18 to 25 year
olds. It is using a(n) _____ strategy. - ANSWER focus
Which of the following strategies would be appropriate when the need for
both national responsiveness and global integration is low? - ANSWER export
, Persuasion, motivation, and changes in cultures and values are examples of
which of the dimensions used to implement strategy? - ANSWER leadership
The _____ function recruits selects, trains, transfers, promotes, and lays off
employees to achieve strategic goals. - ANSWER human resource
Mark, a production manager at Kaylie's Kookware, recently chose to schedule
his workers to work overtime. His alternative was to hire more workers. He is
now monitoring the consequences of his choice. This is an example of _____. -
ANSWER decision-making
Non-programmed decisions are made in response to situations that are: *all
of these* - ANSWER *all of these*
Bobby, a product manager, wants to increase the market share of his
product. He is unsure about how to go about it, not knowing for sure how
costs, price, the competition, and the quality of his product will interact to
influence market share. Bobby is operating under a condition of _____. -
ANSWER uncertainty
Which of the following is the process of forming alliances among managers
during the decision making process? - ANSWER coalition building
_____ is the step in the decision-making process in which managers analyze
underlying causal factors associated with the decision situation. - ANSWER
diagnosis
The decision-maker must _____ once the problem has been recognized and
analyzed. - ANSWER generate alternatives
Feedback is important because: *all of these* - ANSWER *all of these*
People with a(n) _____ style usually are concerned with the personal
With Complete Solution
The set of decisions and actions used to formulate and implement strategies
that will provide a competitively superior fit between the organization and its
environment so as to achieve organizational goals is known as: - ANSWER
strategic management
_____ can be defined as the combination of benefits received and costs paid
by the customer. - ANSWER value
Decisions regarding the proper amount of advertising for a particular good
or service are related to: - ANSWER business-level strategies
Paramount, Inc. is particularly concerned about pending legislation in
Congress that would further regulate their organization. This legislation
would be classified as a(n) _____. - ANSWER external threat
Double Click, Inc. has a number of strategic business units. Their hand-held
computer unit has a large market share in this rapidly growing industry. Their
hand-held computer business would be classified as: - ANSWER a star
The purpose of _____ is to expand the firm's business operations to produce
new kinds of valuable products and services? - ANSWER diversification
Mingles, Inc. concentrates its efforts on its target market of 18 to 25 year
olds. It is using a(n) _____ strategy. - ANSWER focus
Which of the following strategies would be appropriate when the need for
both national responsiveness and global integration is low? - ANSWER export
, Persuasion, motivation, and changes in cultures and values are examples of
which of the dimensions used to implement strategy? - ANSWER leadership
The _____ function recruits selects, trains, transfers, promotes, and lays off
employees to achieve strategic goals. - ANSWER human resource
Mark, a production manager at Kaylie's Kookware, recently chose to schedule
his workers to work overtime. His alternative was to hire more workers. He is
now monitoring the consequences of his choice. This is an example of _____. -
ANSWER decision-making
Non-programmed decisions are made in response to situations that are: *all
of these* - ANSWER *all of these*
Bobby, a product manager, wants to increase the market share of his
product. He is unsure about how to go about it, not knowing for sure how
costs, price, the competition, and the quality of his product will interact to
influence market share. Bobby is operating under a condition of _____. -
ANSWER uncertainty
Which of the following is the process of forming alliances among managers
during the decision making process? - ANSWER coalition building
_____ is the step in the decision-making process in which managers analyze
underlying causal factors associated with the decision situation. - ANSWER
diagnosis
The decision-maker must _____ once the problem has been recognized and
analyzed. - ANSWER generate alternatives
Feedback is important because: *all of these* - ANSWER *all of these*
People with a(n) _____ style usually are concerned with the personal
