These are multiple choice question of strategic management there is only one answer .

1.Synergy can take place in all but which one of the following?

- Coordinated strategies

- Six SigmaShared

-tangible resources

-Pooled negotiating power

2.Alfred Chandler, known for his study of large American corporations, concluded that-

- mechanistic structure is best for firms in a changing environment.

- structure follows strategy.

-strategy follows structure.

- strategic business units are the key to effective decentralization.

3.According to Porter, to achieve a cost advantage by following the functional strategy of technological followership a business unit should

-pioneer the lowest-cost product design.

-innovate in other activities to increase buyer value.

-imitate the products pioneered by others.

-create low-cost ways of performing value activities.

4.. A company that has previously found great success pioneering an extremely successful product presently trying to turn another "long-shot" into a like success would be an example of which strategy to avoid?

- follow the leader

-hit another home run

-arms race

- do everything

5.Which strategy is developed to pull together the various activities and competencies of eac department so that corporate and business unit performance improves?

-competitive strategy

-generic strategy

-enterprise strategy

- Functional strategy

6.In the Boston Consulting Group's growth-share matrix, the relative competitive position of a product, division, or corporation is defined as

-its gross sales divided by its market share.

-its market share multiplied by that of its nearest competitor.

-Its market share divided by that of the smallest other competitor.

its market share divided by that of the largest other competitor.

7.The growth-share matrix of the Boston Consulting Group suggests that the excess cash being generated by "cash cows" should be used to fund

'dogs.

-'question marks.

"stars.

-white knights

8.Which strategy is most appropriate as a temporary strategy to enable a corporation to consolidate its resources after prolonged rapid growth in an industry now facing an uncertain future?

-pause strategy

no change strategy

retrenchment strategy

-horizontal strategy

9.Which of the following is NOT a reason for forming a strategic alliance?

obtain access to specific markets

reduce financial risk

- to obtain a learn new capabilities

-develop secret proprietary technology.

10.Which strategy specifies the firm's overall direction in terms of its general orientation tow growth, the industries or markets in which it competes, and how it coordinates activities transfers resources among business units?

-corporate

- functional

-divisional

- organizational