Deck 7: Strategy Implementation

Question 1

Foreign subsidiaries classified as specialized contributors focus on one country,make only minor adjustments to strategy,and have little independence.

Answer 1

False

Question 2

An effective operations unit is one that promises the maximum efficiency or engineering perfection independent of the strategy of the business overall.

Answer 2

False

Question 3

Which organizational structure is organized around inputs or activities that are required to produce products and has a high level of centralization?

A)Functional
B)Divisional
C)Matrix
D)Network
E)TQM

Answer 3

A

Question 4

In most organizations,research and development strategy deals with all of the following except:

A)Product development
B)Applications development
C)Basic research
D)Human resource development
E)Process development

Question 5

Which structure combines the essential elements of the functional and divisional structures?

A)Functional
B)Divisional
C)Matrix
D)Network
E)Manufacturing

Question 6

Well-developed functional strategies should have all of the following characteristics except:

A)They are inexpensive to implement
B)Decisions made within each functional area should represent a consistent pattern
C)They should be consistent with the strategies of the business
D)Decisions made in one functional area should be consistent with those made in other functional areas
E)These are all true; there is no exception

Question 7

Which functional area is largely responsible for spanning the boundary of the organization to interact with customers?

A)Marketing
B)Finance
C)Operations
D)Information systems
E)Human resources

Question 8

For each organization,there is one organization structure that will best optimize performance.

Question 9

If a firm is very decentralized and has a web of independent offices in each region,with little or no formal hierarchy,which structure is it likely to have?

A)Functional
B)Divisional
C)Matrix
D)Network
E)Manufacturing

Question 10

Functional strategies are detailed action plans for implementing the growth and competitive strategies of the company.

Question 11

The same marketing strategies are used in supporting low-cost leadership and differentiation strategies.

Question 12

The _____________ addresses the plan for aligning product and service operations with business strategies.

A)Information systems strategy
B)R&D strategy
C)Operations strategy
D)Marketing strategy
E)Human resources strategy

Question 13

Enterprise resource planning systems:

A)Manage the flow of information throughout the entire organization
B)Support a wide variety of functions
C)Are found in most of the successful large retailers in the United States
D)Can help integrate functional strategies
E)All of the above

Question 14

Which of the following activities is most closely related to marketing strategies?

A)Identifying product opportunities
B)Technology development
C)Basic research
D)Applications development
E)Process development

Question 15

A divisional structure is especially appropriate for a business pursuing a market penetration growth strategy.

Question 16

Which types of strategies are used to implement the growth and competitive strategies of the firm?

A)Focus strategies
B)Generic strategies
C)Functional strategies
D)Corporate strategies
E)Indirect strategies

Question 17

The matrix structure is a way to achieve a high degree of coordination among several related businesses.

Question 18

A functional structure is designed around the outputs of an organization,as represented by product groups or markets.

Question 19

Supply chain management involves the integration of the interests of the focal company,the company's customers and the company's suppliers.

Question 20

Marketing strategies are concerned exclusively with the needs of customers.

Question 21

Organizational energy:

A)Describes how enthusiastic and focused a firm is in moving towards its goals
B)Is a key component of a firm's social responsiveness strategy
C)Powers the firm's manufacturing operations
D)Is created through a firm's marketing strategy
E)None of the above

Question 22

How are marketing strategies affected by the firm's business-level strategy?

Question 23

Describe the three roles played by foreign subsidiaries?

Question 24

What are some of the features found in firms that have high levels of innovation and entrepreneurship?

Question 25

With regard to organizational structure,the increasing need for strategic flexibility in an increasingly competitive global marketplace has led to:

A)Simpler structures
B)Organizations brining more of their operations back into the firm
C)Fewer franchises
D)The adoption of less structure corporate forms of organization
E)More centralized decision making

Question 26

Which of the following is a characteristic of a strategic business unit structure?

A)Each strategic business unit includes businesses that have something in common
B)Strategic business units are formed based on whether they are fast growing or slow growing
C)All of the businesses in a strategic business unit sell to a common group of customers
D)They are very similar to a matrix structure
E)None of the above

Question 27

What are the characteristics of a well-developed functional strategy?

Question 28

The firm's system of shared values that guides employees is called:

A)Organizational energy
B)Organizational culture
C)Organizational synergy
D)Organizational power
E)None of the above

Question 29

If a foreign subsidiary plays a unique role as a part of an interdependent network of subsidiaries,it is playing the role of:

A)Global mandate
B)Global implementation
C)International focus
D)Local implementation
E)Specialized contribution

Question 30

What is a matrix structure? When should it be used?

Question 31

Which of the following is not a true statement about matrix structures?

A)They are most common in organizations that experience their workload in the form of projects
B)Many employees report to two bosses
C)It can be difficult to balance the needs of different lines of authority
D)It is a simple structural form for organizations in environments with a low level of complexity
E)These are all true statements.

Question 32

If a foreign subsidiary focuses on one country,making only minor adjustments to the overall business strategy of the firm to meet local market needs,it is playing the role of:

A)Global mandate
B)Global implementation
C)International focus
D)Local implementation
E)Specialized contribution

Question 33

Factors that encourage innovation and entrepreneurship include all of the following except:

A)Human resources systems that reward innovative behavior
B)Systems that facilitate creation of new products,processes,and services
C)Low levels of slack financial resources
D)A culture that encourages innovation
E)None of the above.These are all factors that encourage innovation and entrepreneurship