. Nadia is a consultant working with a large international corporation. She has worked with top managers to collect information on internal and external factors and has identified and evaluated a variety of strategies. During the________ stage of strategyformulation, Nadia will assist the executives as they select the most appropriate strategy.

A.input stage

B.decision stage

C.objective stage

D.matching stage

E.critical stage

2. What is the key goal of the matching stage of strategyformulation?

A.Tracing champion ideas to potential strategies

B.Connecting organizational data to competitor data

C.Linking internal and external factors

D.Linking historical data with future goals

E.Connecting good strategies to good organizations

3.The SWOT matching tool helps managers to develop four types of strategies.________ strategies use afirm's strengths to avoid or reduce the impact of external threats.

A.KT

B.WT

C.ST

D.WO

E.SO

4.Julio is working with the SWOT matrix to identify ways of using internal strengths to take advantage of external opportunities. Julio is working to develop a________ strategy.

A.SO

B.ST

C.WT

D.KT

E.WO

5.A company is facing poor employee morale and rising healthcare costs. As aresult, it develops a new wellnessprogram, a________ strategy.

A.WT

B.KT

C.SO

D.ST

E.WO

6.Which of the following is an example of a threat for a locally owned bikeshop?

A.The population for the area around the bike shop is expected to grow 8.4 percent in the next 5 years.

B.A new Dicks Sporting Goods is opening in a shopping center 10 miles from the bike shop.

C.The bikeshop's debt to equity ratio has decreased slightly over the past year.

D.The heating and cooling system for the shop needs to be replaced within the upcoming year.

E.Store revenues for the most recent quarter are down10% over the same quarter last year.

7.Which of the following is true about strategyimplementation?

A.Strategy implementation requires good intuitive and analytic skills.

B.Strategy implementation is primarily an intellectual process.

C.Strategy implementation requires coordination among many individuals.

D.Strategy implementation focuses on effectiveness.

E.Strategy implementation is position forces before the action.

8.What is the first activity that should be performed in a strategy evaluationframework?

A.Measure organizational performance.

B.Identify key external and internal factors.

C.Determine feasibility and advantage.

D.Identify events that could derail strategy.

E.Take corrective action.

9.There is an emerging concern about________, intimate relationships between consenting employees.

A.equal employment opportunity

B.workplace romance

C.sexual harassment

D.collusion

E.business ethics

10.All the following are concerns related to workplace romance EXCEPT whichone?

A.Conflicts of interest can arise.

B.Employees will work more cooperatively.

C.Personal arguments can lead to work arguments.

D.Confidentiality of records can be breached.

E.The quality and quantity of work can be reduced.

11.Alpha Corporation is helping hurricane victims along the Gulf Coast by having employees deliver bottledwater, prepaid cellphones, and other supplies purchased by the company to victims. This is an example of________.

A.business ethics

B.strategy formulation

C.social responsibility

D.sustainability

E.capital budgeting

12.According to the Institute of BusinessEthics, which of the following is mostcorrect?

A.A clear commitment to ethical content will reduceprofits, but is the right thing to do.

B.Companies with a clear commitment to ethical conduct consistently outperform companies that do not demonstrate the same commitment.

C.Companies with a clear commitment to ethical conduct generally have a slightly lower return on investment but greater employee satisfaction.

D.Companies must evaluate their commitment to ethical content if they want to maximize shareholder wealth.

E.Companies with a clear commitment to ethical conduct generally have a slightly lower return on investment but greater customer loyalty.

13.Which of the following is NOT true about businessethics?

A.Businesses should become involved incommunity-related issues and activities.

B.Businesses should be sure that all their print and electronic materials clearly represent the truth.

C.Businesses should treat others with the utmost respect.

D.Businesses should do everything possible to gain the trust of past customers andclients, particularly if something has gone wrong.

E.Businesses should stay focused on their plans and avoid being swayed by customer or community feedback.

14.________ can be defined as principles of conduct within an organization that guide decision making and behavior.

A.Business ethics

B.Capital budgeting

C.Strategy formulation

D.Social responsibility

E.Sustainability

15.A(n) ________ is an employee or other insider who reports ethical or legal violations within an organization.

A.auditor

B.leader

C.ombudsman

D.whistle-blower

E.strategist

16.Edward has arrived just a few minutes late to submit hiscompany's bid for a large state contract. To encourage the state employee to accept hisbid, he offers the employee tickets to a NFL playoff game. This is an example ofa(n) ________.

A.incentive

B.bonus

C.bribe

D.reward

E.kickback

17.Which of the following is the BEST example of a company being sociallyresponsible?

A.Giving holiday bonuses to employees.

B.Donating bottled water and other supplies to shelters after an earthquake.

C.Lending money to an important customer.

D.Sponsoring a sports team in return for having the company logo appear on theteam's jerseys.

E.Sponsoring a picnic for thecompany's customers and their families.

18.A foreign corn producer provides corn to a domestic company at a 10 percent lower price than what is available domestically. Lobbyists for the domestic agriculture industry successfully secure higher tariffs for imported corn. Which of the following often results in higher prices forconsumers?

A.globalization

B.customs enforcement

C.protectionism

D.domestic policy

E.capitalism

19. You have been asked to evaluate amatrix, butit's not clearly labeled. The matrix is organized on two keydimensions, IFE total weighted scores and EFE total weighted scores. Based on thisinformation, it appears that you are looking at a________ Matrix.

A.Boston Consulting Group

B.Quantitative Strategic Planning

C.Strategic Position and Action Evaluation

D.Strengths-Weaknesses-Opportunities-Threats

E.Internal-External

20.Who performs the functions of oversight and direction in anorganization?

A.The supervising managers

B.The CEO

C.The board of directors

D.The elected employee representatives

E.The administrators