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5 Written questions

5 Matching questions

  1. Groups must be well led
  2. Corporate Strategy
  3. Ways groups can help
  4. Goals:
  5. Concentration
  1. a Target or end that management desires to reach.
    Stresses creativity
    Encourages everyone to think broadly
  2. b Identifies the set of businesses, markets, or industries in which the organization competes as well as how the resources are distributed.
    WHERE you do business.
  3. c Effective managers must pay close attention to the group process
    Appropriate leadership style
    Constructive use of disagreement and conflict
    Be the devil's advocate
    Enhancement of creativity
    brainstorming
  4. d More info available
    Greater number of perspectives
    Stimulates discussion and thinking
    Encourages participation
    Leads to higher commitment
  5. e corporate strategy of a single business in a single industry

5 Multiple choice questions

  1. BCG Category of Business: - low-growth businesses with a strong competitive position that generates revenues in excess of their investment needs, so they fund other businesses
  2. Where will we be active?
    How will we get there?
    How will we win the marketplace?
    How fast will we move, and in what sequence will we make changes?
    How will we obtain financial returns?
  3. Frontline Managers
    identifies specific procedures and processess required to implement - focus is on rutine tasks like production and schedules
  4. Industry profile
    Industry growth
    Industry forces
    Competitor profile
    Competitor analysis
    Competitor advantages
    Legislation and regulatory activities
    Political activity
    Social issues
    Social interest groups
    Labor issues
    Macroeconomic conditions
    Technological factors
  5. Middle Level and Lower Level
    translates broad strategic into specific goals and plans relevent to the particular part of the org

5 True/False questions

  1. BenchmarkingHigh Growth, Weak Competitive position: Question marks

    High Growth, Strong Competitive position: Stars

    Low Growth, Weak Competitive position: Dogs

    Low Growth, Strong Competitive position: Cash Cows

          

  2. Core competenceBCG Category of Business: - low-growth businesses with a strong competitive position that generates revenues in excess of their investment needs, so they fund other businesses

          

  3. Business StrategyThe major actions by which an organization competes in a particular industry or market.
    HOW you do business

          

  4. Barriers to Good DecisionsThe long-term direction and strategic intent of a company.
    Points to the future
    Inspire organization members
    Offer a worthwhile target for the entire organization to work together to achieve.
    Points to where the organization is headed and what it can become

          

  5. Barriers to Good DecisionsThe long-term direction and strategic intent of a company.
    Points to the future
    Inspire organization members
    Offer a worthwhile target for the entire organization to work together to achieve.
    Points to where the organization is headed and what it can become