FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 4: Strategic and Operational Planning

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 71

Multiple Choice

Review LaterAdd Note

Review Later

Bob's Auto Parts is opening four new stores in the surrounding area.Which of the following adaptive strategies does this represent?

A) prospecting
B) defending
C) analyzing

Correct Answer

verified

Show Answer

Question 72

Multiple Choice

Review LaterAdd Note

Review Later

Charging a high price to recover investment may be appropriate for the __________ stage.

A) introduction
B) growth
C) maturity
D) decline

Correct Answer

verified

Show Answer

Question 73

Essay

Review LaterAdd Note

What criteria should an objective meet?

What are the common functional strategy areas?

A(n) __________ occurs when two companies form one corporation.

List a couple of the major strengths and weaknesses of an organization you work for or have worked for.

Where would you place your program/major on the BCG growth-share matrix?

Explain the reason for conducting a company situation analysis.

The __________ strategy resembles the combination grand strategy.

A corporate strategy is the strategic plan for managing multiple lines of business.

The five planning dimensions include management level,type of plan,scope,time,and repetitiveness.

A strategy is a plan for pursuing a mission and achieving objectives.

An example of a cash cow is VCRs.

Is there a difference between a plan and a strategy?

In the BCG Growth-Share matrix,__________ generate more resources than they need.

__________ strategy is an overall corporate strategy for growth,stability,or turnaround and retrenchment,or for some combination of these.

Why is a company situation analysis part of the strategic planning process?

The __________ strategy calls for aggressively offering new products and services and/or entering new markets.

With a __________ strategy,a company stresses its advantage over its competitors.

A functional strategy is the strategic plan for managing one line of business.