14247761
Question 1
Question
Financial objectives involve all of the following EXCEPT
Answer
-
growth in revenues
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larger market share
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higher dividends
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greater return on investment
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a rising stock price
Question 2
Question
What principle is based on the belief that the true measure of a really good strategist is the ability to solve problems?
Answer
-
Managing by crisis
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Managing by objectives
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managing by extrapolation
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managing by exception
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managing by hope
Question 3
Question
Which strategy is effective when new, but related, products could be offered at highly competitive prices?
Answer
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Forward integration
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related integration
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related diversification
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conglomerate diversification
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unrelated diversification
Question 4
Question
Which strategy should an organization use when its products are currently in the declining stage of the product's life cycle?
Answer
-
divestiture
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related diversification
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backward integration
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liquidation
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retrenchment
Question 5
Question
Amazon's start of rapid delivery services in some U.S. cities is an example of which type of strategy?
Answer
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Forward integration
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Backward integration
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Horizontal integration
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Related diversification
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Unrelated diversification
Question 6
Question
Divestiture is selling all of a company's assets, in parts, for their tangible worth.
Answer
- True
- False
Question 7
Question
What refers to a strategy of seeking ownership of, or increased control over a firm's competitors?
Answer
-
forward integration
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conglomerate diversification
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backward integration
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horizontal integration
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concentric diversification
Question 8
Question
In which situation would horizontal integration be an especially effective strategy?
Answer
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When an organization can gain monopolistic characteristics in a particular area or region without being challenged by the federal government for "tending substantially" to reduce competition.
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When an organization competes in a slowing industry.
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When decreased economies of scale provide major competitive advantages.
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When an organization has neither the capital nor the human talent needed to successfully manage an expanded organization.
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When competitors are succeeding due to managerial expertise or having particular resources an organization possesses.
Question 9
Question
When a domestic company first begins to export to India, it is an example of
Answer
-
horizontal integration
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backward integration
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forward integration
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concentric diversification
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market development
Question 10
Question
A pasta manufacturer's purchase of some pet food brands is an example of
Answer
-
backward integration
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divestiture
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retrenchment
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unrelated diversification
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forward integration
Question 11
Question
When two organizations of about equal size unite to form one enterprise, which of these occurs?
Answer
-
Hostile takeover
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Merger
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Acquisition
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Leveraged buyout
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Friendly takeover
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