管理学第十版C8习题与答案

201Chapter8StrategicManagementTRUE/FALSEQUESTIONSTHEIMPORTANCEOFSTRATEGICMANAGEMENT1.Strategicmanagementisthesetofmanagerialdecisionsandactionsthatdeterminestheshort-termperformanceofanorganization.(False)THESTRATEGICMANAGEMENTPROCESS2.Thefirststepinthestrategicmanagementprocessisanalyzingtheexternalenvironment.(False)3.Withinanindustry,anenvironmentcanpresentopportunitiestooneorganizationandposethreatstoanother.(True)4.Evaluatinganorganization’sintangibleassetsispartofdoinganinternalanalysisinthestrategicmanagementprocess.(True)5.Activitiesthatanorganizationdoeswellorresourcesthatithasavailablearecalledcapabilities.(False)6.Exceptionaloruniqueorganizationalresourcesareknownascorecapabilities.(FalseP165)7.Thefinalstepinthestrategicmanagementprocessisimplementingtheobjectives.(False)TYPESOFORGANIZATIONALSTRATEGIES8.Corporate-levelstrategiesaredevelopedfororganizationsthatrunmorethanonetypeofbusiness.(True;moderate;p.167)9.Onemethodofimplementingagrowthstrategyistoincreaseproductioncapacity.(True)10.Atruckingcompanythatgrowsbypurchasingachainofgasolinestationsisengagedinhorizontalintegration.(False)11.Diversificationisanexampleofacorporateretrenchmentstrategy.202(False)12.Astabilitystrategyisdevelopedwhenmanagementdecidesitwillremainprofitablebymaintainingthestatusquoinarapidlychangingexternalenvironment.(False)13.Aretrenchmentstrategyisarenewalstrategydesignedtoaddressorganizationalweaknessesthatareleadingtoperformancedeclines.(Truep169)14.Turnaroundisonetypeofrenewalstrategy.(True)15.Stars,oneofthefourbusinessgroupsinthecorporateportfoliomix,arecharacterizedbylowgrowthandlowmarketshare.(False)16.AccordingtoPorter’scompetitivestrategiesframework,thecostleadershipstrategywouldresultinthebestqualityproductatajustifiablecost.(False)17.AccordingtoPorter’scompetitivestrategiesframework,acompanyusingafocusstrategyseekstobeuniqueinitsproductofferingandinitsindustryinwaysthatarewidelyvaluedbycustomers.(True)STRATEGICMANAGEMENTINTODAY’SENVIRONMENT18.Managersinallkindsoforganizationsfaceincreasinglyintenseglobalcompetitionandhighperformanceexpectationsbyinvestorsandcustomers.(True)19.Whenmanagers“managestrategically”byfollowingthestrategicmanagementprocess,thechosenstrategieswillalwaysleadtopositiveoutcomes.(False)20.Thekeyformanagersisrespondingquicklywhenitisobviousthatthestrategyisn’tworking.(True)21.Sinceinformationtechnologyissoreadilyaccessible,itcannotcontributetosustainablecompetitiveadvantage.(False)22.Animportantinnovationstrategyinvolvescommunication.(False)203MULTIPLE-CHOICEQUESTIONSForeachofthefollowingchoosetheanswerthatmostcompletelyanswersthequestion.THEIMPORTANCEOFSTRATEGICMANAGEMENT23.__________________isthecollectionofmanagerialdecisionsandactionsthatdeterminethelong-runperformanceofanorganization.a.Planningb.Goal-orientedmanagementc.Strategicmanagementd.Leadership(c)24.Studiesofthefactorsthatcontributetoorganizationalperformancehaveshown_____________relationshipbetweenstrategicplanningandperformance.a.nob.amixedc.anegatived.apositive(d)THESTRATEGICMANAGEMENTPROCESS25.Whatprovidescluestowhatanorganizationseesasitspurpose?a.theorganization’sgoalsb.theorganization’sstrategiesc.theorganization’sbusinessmodeld.theorganization’smission(d)26.Inanalyzingtheenvironment,managersshouldknow____________.a.thecompetition’sstockpriceb.pendinglegislationthatmightaffecttheorganizationc.theorganization’spurposed.thegoalscurrentlyinplaceandthestrategiescurrentlybeingused(b,p165)27.Whenanorganizationisanalyzingitslaborsupply,itisstudyingits________________.a.organizationalcultureb.internalenvironmentc.externalenvironmentd.organizationalstructure(c)20428.___________and___________areoutcomesfromastudyoftheexternalenvironment.a.Threats;weaknessesb.Strengths;weaknessesc.Weights;measuresd.Opportunities;threats(d)29.Whatareanorganization’sfinancial,physical,human,andintangibleassetsthatareusedtodevelop,manufacture,anddeliverproductsorservicestoitscustomers?a.itsresourcesb.itscapabilitiesc.itsopportunitiesd.itscorecompetencies(a)30.Ifabankestimatesthecapabilitiesofitstraininganddevelopmentdepartmentemployeespriortoimplementinganewtrainingprogramdesignedtochangetheirmethodofprovidingcustomerservice,itiscompletingwhatstepinthestrategicmanagementprocess?a.doinganexternalanalysisb.identifyingtheorganization’scurrentmission,goals,andstrategiesc.doinganinternalanalysisd.formulatingstrategies(c)31.________________aretheorganization’smajorvalue-creatingskills,capabilities,andresourcesthatdeterminetheorganization’scompetitiveweapons.a.Strengthsb.Opportunitiesc.Corecompetenciesd.Weaknesses(c)32.Relativetotheorganization’sculture,amanagermustbeawarethat___________.a.strongandweakcultureshavethesameeffectsonstrategyb.thecontentofaculturehasamajoreffectonthestrategiesthatcanbepursuedc.unimportantfactorscansupportescalationofcommitmenttostrategiesd.strongculturesarethemostdesiredcultures(b)33.Themergingoftheanalysesofinternalandexternalfactorsinfluencingtheorganization’sstrategyisknownas____________.a.completestudiesb.organizationalbehavi