Multiple choose question

the primary reason for Heineken brewery chose to license the right to brew and market its beer with Ethiopian Meta Abo brewery possible be *

2 points

To reduce financial risk

To obtain access to specific markets

To reduce political risk

To obtain or learn new capabilities from Mata abo brewery

All are true about resizing strategy of the organization except *

2 points

The survivors may fail to manage the work of those who had left the company

It creates difficult situation a to keep high performers from leaving the company

It can significantly promote learning capacity and creativity

It refers to the planned elimination of positions or jobs

The partnership of similar companies in similar industries that pool their resources to gain a benefit that is too expensive to develop alone is *

2 points

Joint venture

Value-chain partnership

Mutual service consortium

Licensing arrangement

All are true about fragmented industry except *

2 points

Many small- and medium-size companies compete for relatively small shares of the total market

Featured by domination of a few large companies

Products are typically in early stages of product life cycle

It uses focus strategies

One of the following is not true about financial strategy. *

2 points

Small-and medium-sized family-owned companies need to avoid external sources of

Funds in order to avoid outside entanglements and to keep control of the company within the family

A company's higher debt levels lead to improved productivity and improved cash flows by forcing management to focus on core businesses

When a firm adopts a diversification strategy, the Equity financing strategy is preferred for making unrelated diversification

A company's higher debt levels deter takeover by other firms (by making the company less attractive)

The following is true about firms' competency *

2 points

It is a collection of competencies that cross divisional boundaries and Embedded deep within a firm

It is the basis for its competitive advantages in the marketplace

It is a well performed internal activity to the company's strategy, competitiveness, and profitability

All of the above

Which one of the following is not true about resource based strategy *

2 points

uses a company's valuable and rare resources and competitive capabilities to deliver value to customers that rivals have difficulty matching

Attempts to exploit resources in a manner that offers value to customers in ways rivals are unable to match.

Is often based on cross-department combinations of intellectual capital and expertise.

None

In which corporate strategy management defers investments and/or cuts core business expenses (such as R&D, maintenance, and advertising), blaming the company's problems on a hostile environment (such as anti-business government policies, unethical competitors, and greedy lenders) *

2 points

Pause/Proceed-with-Caution Strategy

Turnaround Strategy

Profit Strategy

No-Change Strategy

One of the following is not a distinctive strategy to a discount retailing company *

2 points

aims at the broad mass market

Avoiding of marginal customer accounts

requires aggressive construction of efficient-scale facilities

cost minimization in areas like R&D, service, sales force, advertising and others

The ability of a company or a business unit to design, produce, and market a comparable product or service more efficiently than its competitors is referred as *

2 points

Cost leadership

Differentiation

Focused differentiation

Focus

The pace at which other firms recognize the relationship of resources and capabilities behind a successful strategy of a firm could exist if *

2 points

core competency is easily transferable

core competency is based on explicit knowledge

core competency is easily replicable

core competency is transparent

A companies like Toyota / Honda be able to design quality into a product or service in such a way that it can achieve both high quality and lower costs which helped them achieve a higher market share is presumed to be typically adopting *

2 points

Cost leadership generic strategy

Differentiation generic strategy

Focus generic strategy

Stuck in the middle

Managers determine the importance of environmental changes and trends for firms' strategies through: *

2 points

Developing projections of anticipated out-comes based on monitored trends

Identifying early signals of environmental changes & trends

Making an assessment of external environment

Detecting meaning by ongoing observations of environmental changes and trends

The most essential aspect(s) of a company's business strategy *

2 points

is figuring out how to maximize profits and shareholder value.

are the actions and moves in the marketplace that managers take to gain a sustainable competitive advantage.

deals with how management plans to maximize profits while, at the same time, operating in a socially responsible manner

concerns how to improve the efficiency of its business model.

One of the following is a strategy implementation concept adopted by Ethiopian Rail Corporation on engaging the giant Chinese construction company (CCC) to run the railroad services in Ethiopia. *

2 points

Turnkey operations

Management contracts

Build, Operate and Transfer

Green-field development

A person with a conservative style, a production or engineering background, and experience with controlling budgets, and standardization procedures can suitably fit to which companies' strategy? *

2 points

Stability strategy

Liquidation strategy

Diversified strategy

Turnaround strategy

Which One of the following is an appropriate strategy for street coffee shops in Addis Ababa city? *

2 points

Focus

Stuck in the middle

Differentiation

Cost leadership

Which of the following is not one of the basic reasons that a company's strategy evolves over time? *

2 points

The need of company managers to initiate fresh strategic actions that foster employee commitment

The proactive efforts of company managers to improve the company's financial performance and secure a competitive advantage

The need to respond to the actions and competitive moves of rival firms

An ongoing need to abandon those strategy features that are no longer working well

When the Anmbessa brewery matches its competitors move in every category from price to promotion to distribution channel, it uses *

2 points

Bypass attack Tactics

Frontal assault Tactics

Guerilla warfare Tactics

Flanking maneuver Tactics

_____________usually takes place in an established competitor's market location *

2 points

A Defensive tactic

An offensive tactic

A Timing tactic

A Market location tactic

The essence of maneuvering multiple short term initiatives by firms is carried out *

2 points

in a hyper-competitive market

to ensure Competitive Advantage Sustainability

in turbulent industry situation

all of the above

All are true about organization life cycle except *

2 points

A Revival phase may occur sometime during the Maturity or Decline stages

At stage of growth organization, horizontal growth is more suitable than vertical growth.

The corporation's life cycle can be extended by managerial and product innovations