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    Quiz Stratman

    Uploaded by

    John Patrick Anyayahan
    This document appears to be a series of multiple choice questions testing knowledge of business strategy concepts. It includes questions about various strategic approaches such as market penetration, product development, diversification, and vertical integration. Other topics covered include the BCG matrix, organizational structures, leadership, corporate social responsibility, and behavioral psychology concepts like the fundamental attribution error. The questions have a mix of true/false and multiple choice responses but no additional context is provided.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Quiz Stratman

    Uploaded by

    John Patrick Anyayahan
    494 views12 pages
    This document appears to be a series of multiple choice questions testing knowledge of business strategy concepts. It includes questions about various strategic approaches such as market penetration, product development, diversification, and vertical integration. Other topics covered include the BCG matrix, organizational structures, leadership, corporate social responsibility, and behavioral psychology concepts like the fundamental attribution error. The questions have a mix of true/false and multiple choice responses but no additional context is provided.

    Original Description:

    Lecture and assessment for BSA students

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    This document appears to be a series of multiple choice questions testing knowledge of business strategy concepts. It includes questions about various strategic approaches such as market penetration, product development, diversification, and vertical integration. Other topics covered include the BCG matrix, organizational structures, leadership, corporate social responsibility, and behavioral psychology concepts like the fundamental attribution error. The questions have a mix of true/false and multiple choice responses but no additional context is provided.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    494 views12 pages

    Quiz Stratman

    Uploaded by

    John Patrick Anyayahan
    This document appears to be a series of multiple choice questions testing knowledge of business strategy concepts. It includes questions about various strategic approaches such as market penetration, product development, diversification, and vertical integration. Other topics covered include the BCG matrix, organizational structures, leadership, corporate social responsibility, and behavioral psychology concepts like the fundamental attribution error. The questions have a mix of true/false and multiple choice responses but no additional context is provided.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 12

    Question 1

    2 / 2 pts
    Coke's latest offering of the Coke kasalo at 750 ml. is considered

    market penetration

    Correct!

    product development

    market development

    acquisition strategy

    Question 2
    2 / 2 pts
    Firms that engage in restructuring no longer enjoy economies of scale, so they need to
    find ways of becoming leaner and meaner.
    Correct!
    TRUE

    Correct Answers
    TRUE

    Question 3
    2 / 2 pts
    This strategy would require the firm to step beyond its existing industry and entering a
    new value chain.

    Concentration strategy

    Correct!

    Diversification strategy
    Strategies for getting smaller

    Vertical Integration strategy

    Question 4
    2 / 2 pts
    Market penetration involves gaining additional shares of a firm's existing market by
    using new products.
    Correct!
    NEW-EXIST

    Correct Answers
    MARKET PENETRATION-PRODUCT DEVELOPMENT

    NEW-EXISTING

    Question 5
    2 / 2 pts
    All of the following are concerned about growth except

    horizontal integration

    market development

    forward vertical integration

    Correct!

    retrenchment

    Question 6
    2 / 2 pts
    Which of the following is not a vertical integration strategy?

    backward

    Correct!

    horizontal

    forward

    none of the above

    Question 7
    2 / 2 pts
    Horizontal integration occurs when a firm enters a supplier's business.
    Correct!
    HORIZONTA

    Correct Answers
    HORIZONTAL-BACKWARD

    Question 8
    2 / 2 pts
    Which of the following is a candidate for divestment?

    Stars

    Question marks

    Correct!

    Dogs
    Cash Cows

    Question 9
    2 / 2 pts
    Which of the following does not belong to the group?

    spin off

    divest

    Correct!

    lay off

    liquidation

    Question 10
    0 / 2 pts
    The BCG matrix is a portfolio planning tool which could help manage new businesses of
    the firm.
    You Answered
    TRUE

    Correct Answers
    NEW-EXISTING

    Question 1
    2 / 2 pts
    When individuals are concerned about the direct consequence of their actions and are
    worried about the punishment and getting caught.

    Stage 4

    Stage 3
    Stage 2

    Correct!

    Stage 1

    Question 2
    2 / 2 pts
    Training for a boxing bout is no joke, this is the reason why coaches are very strict in
    implementing rules and regulations which are meant for

    none of these

    clan control

    Correct!

    behavioral control

    output control

    Question 3
    2 / 2 pts
    This legal form of business considers the firm and its owner as one and the same.
    Correct!

    sole proprietorship

    partnership

    corporation
    none of these

    Question 4
    2 / 2 pts
    All are responsibilities of a supervisor towards his subordinates except?

    evaluates performance

    delegates authority

    Correct!

    accountable for results

    motivates for productivity

    Question 5
    2 / 2 pts
    How tasks are assigned and grouped together with formal reporting relationships is
    division of labor.
    Correct!
    DIVISION OF

    Correct Answers
    DIVISION OF LABOR-ORGANIZATIONAL STRUCTURE

    Question 6
    2 / 2 pts
    Most cultural fads are harmless as compared to business fads where embracing it could
    lead executives to make bad decisions.
    Correct!
    TRUE
    Correct Answers
    TRUE

    Question 7
    2 / 2 pts
    Shareholders may prefer a board outsider over a board insider because they provide a
    fresh, nonbiased perspective concerning the firm's actions.
    Correct!
    TRUE

    Correct Answers
    TRUE

    Question 8
    2 / 2 pts
    All are part of the employee relations dimension of corporate social performance except

    union relations

    retirement benefits

    Correct!

    recycling

    profit sharing

    Question 9
    2 / 2 pts
    All pertain to Generation Y except

    millenials

    Correct!
    greatest generation

    embrace technology

    trophy kids

    Question 10
    2 / 2 pts
    The preconventional level or principled level occurs when morality is more than simply
    following social rules or norms.
    Correct!
    PRECONVE

    Correct Answers
    PRE-POST

    PRECONVENTIONAL-POSTCONVENTIONAL

    Question 11
    2 / 2 pts
    Which of the following runs contrary to the role of the board of directors
    Correct!

    CEO duality

    advise on strategic issues

    approval of budget

    corporate governance
    Question 12
    2 / 2 pts
    All pertain to clan control except
    Correct!

    results

    values

    norms

    traditions

    Question 13
    2 / 2 pts
    Which of the following is not an accounting scandal?

    Lehman Brothers

    Enron

    Correct!

    BDO hacking

    WorldCom

    Question 14
    2 / 2 pts
    Usually used by start ups where one person performs all the tasks the organization
    needs to accomplish.
    Correct!

    Simple structure

    Functional structure

    Matrix structure

    Multidivisional structure

    Question 15
    2 / 2 pts
    Majority of the workforce are baby boomers who view face time as an important
    contribution to a successful work environment.
    Correct!
    TRUE

    Correct Answers
    TRUE

    Question 16
    2 / 2 pts
    Unity of direction is a management principle which states that an employee should be
    assigned to only one boss.
    Correct!
    DIRECTION-

    Correct Answers
    DIRECTION-COMMAND

    Question 17
    2 / 2 pts
    All are advantages of a multidivisional structure except
    Correct!
    increased costs

    self sufficiency

    specialization

    decentralization

    Question 18
    2 / 2 pts
    The following are community strengths on corporate social performance except

    relation with indigenous people

    support housing

    Correct!

    plant closures

    volunteerism

    Question 19
    2 / 2 pts
    Supervisors and subordinates illustrates the horizontal linkage which could be seen in
    the organizational chart.
    Correct!
    HORIZONTA

    Correct Answers
    HORIZONTAL-VERTICAL
    Question 20
    2 / 2 pts
    Hindsight bias occurs when good outcomes are attributed to personal characteristics
    but undesirable outcomes are attributed to external circumstances.
    Correct!
    HINDSIGHT

    Correct Answers
    HINDSIGHT-FUNDAMENTAL ATTRIBUTION ERROR

    HINDSIGHT BIAS-FUNDAMENTAL ATTRIBUTION ERROR

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