Strategic Management - Study Mode
[#86] Mergers and acquisitions, strategic alliances and joint Ventures fall under expansion through . . . . . . . .
Correct Answer
(C) cooperation
[#87] Under Resource Based View (RBV), resources are classified into how many types?
Correct Answer
(C) Two
[#88] What is likely to be the effect of a logical corporate strategy but poor strategy implementation.
Correct Answer
(C) Structural and stylistic flaws
Explanation
Solution: Structural and stylistic flaws is likely to be the effect of a logical corporate strategy but poor strategy implementation.
[#89] Which of these is not a valid reason in support of focused strategies?
Correct Answer
(A) Greater control
Explanation
Solution: Greater control is not a valid reason in support of focused strategies. A focus strategy is usually employed where the comopany knows its segment and has products to competitively satisfy its needs. Focus strategy is one of three generic marketing strategies.
[#90] Which of the following is not a strategic criteria for deciding which firms to retain in the organizational core?
Correct Answer
(B) Longevity
Explanation
Solution: Longevity is not a strategic criteria for deciding which firms to retain in the organizational core. Longevity is most commonly used to describe the length of one's lifetime, but it can also mean a long duration, such as one's longevity working for a certain company for an extended period of time.