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Question
Focus strategies are:
a. sheltered from the risks associated with industry-wide strategies because of their niche focus.
b. able to avoid global risk by focusing on niches in national or regional markets.
c. faced with additional types of risks than are industry-wide strategies.
d. more subject to failure than industry-wide strategies.
Answer
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Related questions
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a. True
b. False
Q:
A cost leadership strategy targets the industry's ____ customers.
a. most typical
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c. least educated
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Before the firm decides what products to offer and what benefits and features they will have, the firm must decide all the following questions EXCEPT:
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a. True
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Capabilities of an organization emerge spontaneously through the interaction of tangible and intangible resources.
a. True
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Valuable capabilities allow the firm to exploit strengths or neutralize weaknesses in the internal environment.
a. True
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The Renault Nissan alliance (Chapter 9 Mini Case) is an example of a _______ created to gain economies of scope by sharing resources and capabilities.
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Q:
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a. predatory alliances.
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Q:
Research in the airline industry suggests that tacit collusion reduces service quality and on-time performance.
a. True
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a. True
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Acquisitions are the most common cooperative strategy used in standard-cycle markets.
a. True
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Q:
A global corporate-level strategy differs from a multi-domestic corporate-level strategy in that in a global strategy:
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c. products are customized to meet the individual needs of each country.
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Q:
A fundamental reason for a country's development of advanced and specialized factors of production is often its:
a. lack of basic resources.
b. monetary wealth.
c. small workforce.
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Q:
A large domestic market can provide the country's industries a chance at dominating the world market because:
a. they have been able to develop economies of scale at home.
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Q:
A multi-domestic corporate-level strategy has ____ need for global integration and ____ need for local market responsiveness.
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Q:
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Q:
Which of the following is NOT one of the five dimensions thought to characterize an employee's entrepreneurial mind-set?
a. Autonomy
b. Reactivity
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The more heterogeneous and the larger the top management team, the easier it is to implement strategy effectively.
a. True
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Q:
When a new CEO is selected from outside the firm, a change of strategy is likely, especially if the top management team is homogenous and highly cohesive.
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a. True
b. False
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a. True
b. False
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a. True
b. False
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The most critical ability of a strategic leader is the ability to attract and then manage human capital.
a. True
b. False
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a. True
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Transformational leadership is the most effective strategic leadership style.
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Q:
What is organizational culture? What must strategic leaders do to develop and sustain an effective organizational culture?
Q:
Define the three major dimensions of organizational structure: specialization, centralization, and formalization. How do these dimensions vary in organizations implementing the cost leadership, differentiation, and cost leadership/differentiation strategies?