1. An interconnected and organized
Which of the following is not an
collection of steps to take
advantage of core competencies
and to achieve a competitive
edge.
Strategy
2. Which of the following is a
function of marketing and sales?
National scale advertising
3. Which of the following is a
function of operations?
Policy choice of plant
technology
4. Which of the following is a
function of outbound logistics?
Located in close proximity with
suppliers
5. It’s a general way to position a
company within the industry
Generic strategy
6. The fundamental reason for any
organization’s existence is define
by its
Mission
7. The different organizational
functions and procedures that
decide how the company turns its
inputs into outputs efficiently and
effectively are named
CORE COMPETENCIES???
8. Which of the following is a
function of human resource
management?
Consistent policies to reduce
turnover cost
9. An organization’s strategy
GENERALLY, FORMS OVER A
PERIOD OF TIME AS EVENTS
UNFOLD???
10.
example of support activities
under value creating activities?
Service
11. Which of the following is not a
key criteria of cost leadership?
Maximizing costs of sales, R&D
and service
12. actions taken by incorporating
core competencies in particular,
individual product markets to
deliver value to clients and obtain
a competitive advantage.
Business level strategy
13. Which of the following statement
is/are true?
Statement i: trend-conscious
strategy addresses the question
of how a firm will compete in a
particular industry.
Statement ii: a firm focusing on
cost leadership will have a same
value chain configuration than a
firm whose strategy focuses on
differentiation.
Both statements are false
14. Which of the following is not a
constant effort to reduce cost
under the cost leadership?
Monitoring costs of activities
provided by insiders
15. Which of the following is a
function of procurement?
Frequent evaluation processes
to monitor supplier’s
performance
16. What of the following scenarios
will not be considered a part of
mission statement?
ABC shall hire only those
individuals who have sufficient
educational levels so as to be
of benefit to our customers.
17. These efforts to appeal to large
markets can be contrasted with
strategies that involve targeting a
relatively narrow niche of
potential customers.
Focus strategies
25. It requires the provision of unique
characteristics that meet
characteristics that meet the
requirement of a narrow market
Focused differentiation

18. Which of these focuses on the

organizational and company
strategies being supported?
Operational strategy

19. Which of the following is a

function of a firm infrastructure?
Relatively few management
layers to reduce overhead

20. Within the context of a value

chain, ____ is the ability of a
logistics system to satisfy users in
terms of time, dependability,
communication and convenience
Customer service

21. Which of the following clearly

illustrates how what business unit
would try to accomplish its
mission?
BUSINESS STRATEGY???

22. Which of the following choices do

not drive costs?
All of these

23. Which of this is really not a

distinctive feature of strategic
management over other forms of
management?
IT CONCERNS THE PRESENT
DIRECTION OF THE
ORGANIZATION???

24. It requires price-based

competition to target a narrow
market.
Focused cost leadership