student extra credit questions
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | Choosing a goal and developing a strategy to achieve that goal
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| show | Specific, Measurable, Attainable, Realistic, Timely
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| What is the difference between proximal goals and distal goal? | show 🗑
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| show | Middle Managers
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| show | A statement of a company’s purpose or reason for existing
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| show | Set goals, develop commitment, develop effective action plans, track progress toward goal achievement and maintain flexibility
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| Goal commitment is: | show 🗑
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| show | Choosing the best alternative
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| show | a short term goal
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| What is the standing plan that indicates the general course of action that should be taken in response to a particular event? | show 🗑
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| What best describes a vision? | show 🗑
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| A systematic process of defining problems, evaluating alternatives, and choosing optimal solutions best describes: | show 🗑
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| show | Workplace
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| What is the third step in the rational decision-making process? | show 🗑
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| What decision-making method involves a panel of experts responding to questions and to each other until reaching an agreement on an issue? | show 🗑
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| A ( ) strategy focuses on improving the way in which the company sells the same products or services to the same customers. | show 🗑
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| show | Defenders
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| To achieve a ____, the resources must be valuable, rare, imperfectly, imitable, & nonsubstitutable. | show 🗑
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| What are 2 major approaches to corporate-level strategy that companies use to decide which businesses they should be in? | show 🗑
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| show | By using their resources to provide greater value force customers than competitors can
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| Resources that are not controlled or possessed by many competing firms are: | show 🗑
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| show | Lowe's
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| What is a small company with a small share of a slow growing market? | show 🗑
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| show | Company with a large share of a fast growing market
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| show | Character of the rivalry
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| show | Companies that compete directly with their customers, Companies that use similar strategies (Both A&C)
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| show | Firms
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| show | Not controlled or possessed by many competing firms
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| The central companies in a strategic group is known as what? | show 🗑
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| What are the four symbols used by the Boston Consulting Group (BCG) in the BCG Matrix? | show 🗑
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| When a company makes an attach on its direct competitor, what move by its competitor does it prompt? | show 🗑
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| show | 3
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| show | The central companies in a strategic group
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| show | Getting the people affected by change to believe that change is needed
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| What does creativity mean? | show 🗑
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| show | A cycle that begins with a new technology and ends when that technology reaches its limits and is replaced by a newer one.
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| Opposition to change resulting from self interest, misunderstanding, and a general intolerance for change is known as: | show 🗑
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| The phase of a technology cycle characterized by technological substitution and design competition is which of the following? | show 🗑
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| show | All of the above
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| show | solution, causes
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| show | Lack of leadership Impediment
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| Managing resistance to change is: | show 🗑
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| show | all of the above
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| Using formal power and authority to force others to change is known as? | show 🗑
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| show | Unfreezing
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| show | Organizational decline
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| show | Resistance forces
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| show | Discontinuity
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| What’s a component of creative work environment? | show 🗑
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| Refreezing is supporting and reinforcing | show 🗑
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| show | faulty action stage
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| What is one of the largest and most important regional trading groups in Asia? | show 🗑
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| An agreement in which a foreign business owner pays a company a fee for the right to conduct a business in his or her country is a | show 🗑
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| show | Trade barriers
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| show | Franchisor; franchisee
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| show | Access to a growing market
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| show | Purchasing power and foreign competitors
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| Foreign offices, facilities, or manufacturing plants that is owned 100% by the parent company is a(n)? | show 🗑
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| What is the biggest disadvantage to a wholly owned affiliate? | show 🗑
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| What are quotas? | show 🗑
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| What is a tariff? | show 🗑
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| show | China
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| The GATT is a worldwide trade agreement that reduces and eliminates tariffs, limits governement subsidies, and establishes protections for intellectual property. What does GATT stand for? | show 🗑
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| show | All of the above
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| show | Geert Hofstede
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| show | When two companies combine recourses, costs, risk, technology, and people
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| show | A strategic alliance in which two existing companies collaborate to form a third, independent company
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| show | Control
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| When conducting a global business, companies should attempt to identify two types of political risks. | show 🗑
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Created by:
BeccaLeigh756