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BUS 433 WK 3 QUIZ (ALL ARE CORRECT)

Question

1.Quick strategic moves that remake ________ and do not elicit adequate responses from rivals are crucial for success. (Points : 1) 

corporate strategies

business strategies

business models

value chains

Question 2. 2. One of the obstacles to quick action for a company is 

(Points : 1)

competitor’s actions

prior strategic commitments

industry structure

wrong strategy

Question 3. 3.The biggest deals were concentrated in certain industries. The __________ led the way with 5 out of the top 15 deals in the 1998-2000 period.(Points : 1)

telecommunications and communications equipment industries

mining and minerals industry

waste management industry

airline industry

Question 4. 4.____________ are critical elements in successful M&As. (Points : 1)

Management strategies

Synergies

Portfolio management

Diversification

Question 5. 5.Corporate strategy deals with __________. (Points : 1)

how the firm competes

the scope of the firm

role of each function

deciding what functions to perform

Question 6. 6.According to the BCG matrix, the strategy for _______ is to invest in them and increase their share of the firm’s overall business. (Points : 1)

cash cows

stars

question marks

dogs

Question 7. 7.The theory behind __________ is that the businesses return more to shareholders by being together than they would if they were separate.(Points : 1)

corporate strategy

business strategy

dominant-product strategy

conglomerates

Question 8. 8.___________ movers incur high development costs. (Points : 1)

First

Second

Third

Late

Question 9. 9.The ability to achieve new resource configurations is a _______________. (Points : 1)

core competence

dynamic capability

distinctive competence

capability

Question 10. 10.A low-cost position is based on high-volume sales of __________ items. (Points : 1)

inferior

low-margin items

industry-average

none of the above

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