Management 220 - Exam 2 With
Correct And Detailed Answers
____________ vis vthe vsystem vof vshared vbeliefs vand vvalues vthat vguides vbehavior vin
vorganizations. v- vCORRECT✅✅organizational vculture
Traveling vto vEngland vand vtelling vthem vthat vyou vprefer vcoffee vover vtea, vand vhinting
vat vsuperiority vwould vbe v____________. v- vCORRECT✅✅ethnocentrism
_____________ vare vformed varound vpersons vwho vshare vthe vsame vskills vand vwork
vresponsibilities. v- vCORRECT✅✅Occupational vsubcultures
Pursuing vchange vthrough vformal vauthority vand/or vthe vuse vof vrewards vor
vpunishment vis v________________. v- vCORRECT✅✅Force-coercion vstrategy
If va vmarket vhas vhigh ventry vbarriers vit vis v_______________ vfor va vnew vcompany vto
venter vthe vmarket v- vCORRECT✅✅harder
Business vor vproducts vwith vlow vmarket vshares vin vlow-growth vmarkets vare vreferred
vto vas v_______________ vin vthe vBCG vmatrix. v- vCORRECT✅✅dogs
A v_______________ vstrategy vusually vsets vLT vdirection vfor vthe vTOTAL
vENTERPRISE. v- vCORRECT✅✅corporate
According vto vPorter vwhich vone vof vthe vfollowing vis vone vof vthe vfive vforces vthat
vaffect vindustry vcorporation? v- vCORRECT✅✅Substitute vProduct v
(also: vrivalry vamong vexisting vcompetitors, vthreats vof vnew ventrants, vbargaining vof
vsuppliers, vbargaining vpower vof vbuyers)
Which vof vthe vfollowing vincreases vthe vattractiveness vof va vmarket vyour vcompany vis
valready vin? v- vCORRECT✅✅few vsubstitute vproducts
What vare vsubstitute vproducts vfor vwine? v- vCORRECT✅✅beer vand vhard valcohol
In va vSWOT vanalysis, vwhich varea vis vfocused von vinternal vfactors? v-
vCORRECT✅✅weakness
How vdo vyou vavoid vgroupthink? v- vCORRECT✅✅appoint vdevil's vadvocate, vhold va
vsecond-charge vmeeting, vleader vdoes vnot vattend va vmeeting
Correct And Detailed Answers
____________ vis vthe vsystem vof vshared vbeliefs vand vvalues vthat vguides vbehavior vin
vorganizations. v- vCORRECT✅✅organizational vculture
Traveling vto vEngland vand vtelling vthem vthat vyou vprefer vcoffee vover vtea, vand vhinting
vat vsuperiority vwould vbe v____________. v- vCORRECT✅✅ethnocentrism
_____________ vare vformed varound vpersons vwho vshare vthe vsame vskills vand vwork
vresponsibilities. v- vCORRECT✅✅Occupational vsubcultures
Pursuing vchange vthrough vformal vauthority vand/or vthe vuse vof vrewards vor
vpunishment vis v________________. v- vCORRECT✅✅Force-coercion vstrategy
If va vmarket vhas vhigh ventry vbarriers vit vis v_______________ vfor va vnew vcompany vto
venter vthe vmarket v- vCORRECT✅✅harder
Business vor vproducts vwith vlow vmarket vshares vin vlow-growth vmarkets vare vreferred
vto vas v_______________ vin vthe vBCG vmatrix. v- vCORRECT✅✅dogs
A v_______________ vstrategy vusually vsets vLT vdirection vfor vthe vTOTAL
vENTERPRISE. v- vCORRECT✅✅corporate
According vto vPorter vwhich vone vof vthe vfollowing vis vone vof vthe vfive vforces vthat
vaffect vindustry vcorporation? v- vCORRECT✅✅Substitute vProduct v
(also: vrivalry vamong vexisting vcompetitors, vthreats vof vnew ventrants, vbargaining vof
vsuppliers, vbargaining vpower vof vbuyers)
Which vof vthe vfollowing vincreases vthe vattractiveness vof va vmarket vyour vcompany vis
valready vin? v- vCORRECT✅✅few vsubstitute vproducts
What vare vsubstitute vproducts vfor vwine? v- vCORRECT✅✅beer vand vhard valcohol
In va vSWOT vanalysis, vwhich varea vis vfocused von vinternal vfactors? v-
vCORRECT✅✅weakness
How vdo vyou vavoid vgroupthink? v- vCORRECT✅✅appoint vdevil's vadvocate, vhold va
vsecond-charge vmeeting, vleader vdoes vnot vattend va vmeeting
