Chapter 10, Problem 3ESP

_____________ is the name given to the firm investing in international operations Question 51Answer a. Host Company b. Global Company c.  International Company d. Parent Company Clear my choice

Which of the following tools are the most appropriate for analyzing the macro-environment? Question 53Answer a. SWOT analysis b. Value Chain Analysis c. Benchmarking d.  PESTLE framework

________________is called the “action stage” of strategic management. Question 48Answer a. Strategy management b. Strategy implementation c. Strategy evaluation d. Strategy formulation

When evaluating an organization's strategy, it is important to note that corrective actions are almost always needed except when internal and external strategic positions have not changed. The basis of any review would require the redevelopment of a: ____________________________ Question 31Answer a. Value Chain Analysis b. SWOT Analysis c. EFE and IFE Matrix d. PESTLE Analysis

___________________refers to the process of  redesigning a vertical organisation along its horizontal workflows and processes. Rather than focusing on narrow jobs structured into distinct functional departments, they emphasise core processes that cut horizontally across the organisation and involve teams of employees working together to serve customers Question 23Answer a. Workforce Configuration b. Structural Reengineering c. Business Process Reengineering d. Horizontal Configuration

Alternative plans that can be put into effect during strategic evaluation if certain key events within the strategic plan do not occur as expected. Question 20Answer a. Contingency Plan b. Strategic Evaluation Plan c. None of the provided options d. Emergent Plan

Assuring results is an attainable habit of a strategic leader only if a strategic leader is intentional in developing high performing organisations. Strategic leaders must be intentional in this because they can shape the organisational culture, or the culture may ‘manage’ the leader. One way to do this is to ______________ Question 17Answer a. Develop a Strategic Leadership plan b. Develop a Strategic Implementation Plan c. Implore levers of change d. Develop a Vision Statement

This stage of the strategic management process, provides a control loop in determining the successful implementation of corporate, competitive, functional and global strategies. It seeks to ascertain the nature of the change betweenplanned strategies and its resultant emergent strategies Question 16Answer a. Strategic Advantage b. Strategic Formulation c. Strategic Implementation d. Strategy Evaluation

Higher product quality than rivals, Superior on-time delivery, A bigger market share, are all examples of: Question 11Answer a. Financial objectives b. Competitive Advantage objectives c. Components of Mission Statement d. Strategic objectives