BUS 433 (Ashford) – New Business Strategy
BUS 433 – Week 3 Quiz
1. Question : Corporate strategy deals with __________.
how the firm competes
the scope of the firm
role of each function
deciding what functions to perform
2. Question : ____________ are critical elements in successful M&As.
Management strategies
Synergies
Portfolio management
Diversification
3. Question : According to the BCG matrix, the strategy for _______ is to invest in them and increase their share of the firms overall business.
cash cows
stars
question marks
dogs
4. Question : A sensitivity analysis is based on
levels of awareness
different assumptions about motivations
organizational politics
all of the above
5. Question : ___________ movers take risks in anticipation of high returns.
First
Second
Third
Late
6. Question : ________ firms diversify to a minor degree, but typically no more than 30 percent.
Related-product
Conglomerate
Dominant-product
Single-product
7. Question : The ability to achieve new resource configurations is a _______________________.
core competence
dynamic capability
distinctive competence
capability
8. Question : Superior advantage in a ______ position comes from managing critical ________ well.
differentiated, cost drivers
differentiated, value drivers
low-cost, value driverz
low-cost, cost drivers
9. Question : Quick strategic moves that remake ________ and do not elicit adequate responses from rivals are crucial for success.
corporate strategies
business strategies
business models
value chains
10. Question : ______ emphasizes the importance of considering the timing of the moves of ones competitors with the timing of ones own moves.
Vision
Game theory
Mission
Value chain