Q.1
What must the strategic visionary leader avoid in order to ensure the prolonged success of a strategy?
Q.2
Which of the following best relates to market share? Market share is:
Q.3
The goal of the cost leader is to:
Q.4
_________ begins with identifying the industry's dominant economic features and forming a picture of the industry landscape
Q.5
Strategy creation involves three strands. Which of the following is not one of the three stands?
Q.6
Turnaround strategies involve changes at what level of strategy?
Q.7
Which component of a mission statement addresses the firms distinctive competence or major competitive advantage?
Q.8
Which of these characteristics best describes a customer-driven organization?
Q.9
What form of strategy formation would be expected to be found in Defender organizations?
Q.10
__________ is identifying opportunities and threats affecting their business
Q.11
According to Press (1990), what are the four discrete philosophies upon which an organization's culture can be based?
Q.12
The mission statement answers which question?
Q.13
Which of the following is not one of the four key strategic elements linked to corporate objectives?
Q.14
In order for a culture to generate success, what does it need to be?
Q.15
Explosive growth cannot be maintained indefinitely. Sooner or later, the rate of growth slow and the industry enters the
Q.16
Who is most responsible for developing, communicating, and enforcing the code of business ethics for a firm?
Q.17
The five forces model developed by ________ has been the most commonly used analytical tool for examining competitive environment
Q.18
What is an incremental strategy?
Q.19
Which of the following is a means to develop a customer commitment focus in the organization?
Q.20
The means by which long term objectives will be achieved are
Q.21
By what means should an organization measure its performance?
Q.22
In business, __________ generally refers to the fight for market share which serves the same basic customer needs
Q.23
Which of the following is not one of the three elements of strategy creation?
Q.24
A young industry that is beginning to form is considered to be in __________ stage
Q.25
Which of the following is a source of differentiation?
Q.26
Which component of a mission statement addresses the basic beliefs, values, aspirations, and ethical priorities of the firm?
Q.27
Effective mission statements
Q.28
The vision statement answers which question?
Q.29
In the process of developing a mission statement, it is important to involve
Q.30
What are focus strategies?
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