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- 1) Which of the following is NoT a reason for firms to participate in strategic alliances? a. To allow firms to combine their resources, capabilities, and core competencies. b. To develop oligopolies in a market and eliminate competition. C. To encourage beneficial partnerships between firms. d. To allow firms to pursue benefits in designing, manufacturing, or distributing goods. 2) A firm can create a competitive advantage: a. through either a cost leadership or differentiation strategy. b. by increasing its sales and net profit. c. only by ottering unique product features to the target market. d. only through implementing a cost lecdership strategy.22) Which of the following is true regarding diversification? A) Diversification is classified into related diversification and unrelated diversification b) Firms diversify to achieve some performance objectives c) Diversification is the entry of firm or business unit into new lines of activity, either by processes of internal business development or acquisition, which entail changes in it administrative structure, systems and other management processes d) A and B e) A and B and CProvide examples of industries where the Wilson approach might not be suitable, and alternative strategies should be considered.
- Two of the five competitive forces that shape a company’s strategic activities are: a.The bargaining opportunities of buyers and sellers. b.The intensity of support among existing competitors. c.The opportunities for new entrants in the market. d.The bargaining power of buyers and sellers. According to Porter, select one of the major forces that shape the strategy of a company. a.The threat of suppliers in the market. b.The bargaining power of buyers only. c.The threat of new entrants in the market. d.The bargaining power of new entrants. Which business process exposes obvious areas for improvement? a.The work system process. b.The value chain process. c.The as-is process. d.The to-be process. What type of information system would provide critical information from a wide variety of internal and external sources? a.Management information system. b.Executive information system. c.Knowledge management system. d.Strategic information system.TCS was established in 1968 with its headquarters in Mumbai. It was formed as a division of Tata Sons Limited (TSL), one of India's largest business conglomerates, and was called 'Tata Computer Center.' F C Kohli (Kohli) was appointed as the first General Manager in 1969. Soon after, the division was renamed Tata Consultancy Services (TCS). During its early days, TCS, with a staff of 10 consultants and 200 operators, undertook IT consulting assignments with other Tata Group companies. For instance, it managed the punch card operations of Tata Iron and Steel Company (TISCO) TCS gave utmost importance to its human resource function. The company viewed its employees as assets, which had to be utilized efficiently. The TCS senior management constantly kept track of the vast intellectual assets, their skill sets, the status of projects on which they were working, and the number of people available for being placed in other projects. Despite being rated as one of the top IT employers in…TCS was established in 1968 with its headquarters in Mumbai. It was formed as a division of Tata Sons Limited (TSL), one of India's largest business conglomerates, and was called 'Tata Computer Center.' F C Kohli (Kohli) was appointed as the first General Manager in 1969. Soon after, the division was renamed Tata Consultancy Services (TCS). During its early days, TCS, with a staff of 10 consultants and 200 operators, undertook IT consulting assignments with other Tata Group companies. For instance, it managed the punch card operations of Tata Iron and Steel Company (TISCO) TCS gave utmost importance to its human resource function. The company viewed its employees as assets, which had to be utilized efficiently. The TCS senior management constantly kept track of the vast intellectual assets, their skill sets, the status of projects on which they were working, and the number of people available for being placed in other projects. Despite being rated as one of the top IT employers in…
- 1. Strategic alliances are common in international marketing. A great example of strategic alliances would be, the U.S.-based Delta Airlines is in charge of all sales in the U.S. for the KLM Royal Dutch Airlines. Which of the following is true regarding strategic alliances? a. All the other choices are true of strategic alliances b. They share corporate and market goals c. They involve two or more companies d. They tend to be non-equity-based alliances 2. efers to the budget method that is based on past or projected sales numbers. a. Historical b. Objective-and-task c. Benchmarking on competitors d. Percent-of-salesAy 1 - mcq Company X and Company Y Ahrens Vitamins. Inc., have high market commonality, both geographically and in the market segments in which they compete. Company X, the number two firm in the industry, has undertaken a major strategic attack upon Company Y, the market leader. Which of the following statements is MOST likely to be true? A. Company Y will respond after a long delay as the nutrition supplement industry is a slow-cycle industry. B. As the market leader, Company Y has little to fear from an attack by Company X and will not expend organizational slack ana major response. C. Company Y will respond aggressively because of the high multimarket contact between both companies. D. Company Y will not respond aggressively since this is a strategic move and not a tactical action.5. Company ABC has started to implement a strategy of Market Development in a certain country. On this situation, which of the following set of factor does Company ABC should consider in evaluating this strategy? a. Production rate and production cost b. return of investment and reach target market c. customer acceptance and brand positioning d. expenses and gross profit
- 12. Develop a strategy for a new venture. a. What entry wedges, major and minor, will you use? b. How will you attempt to collect and appropriate rents? c. What industry environment are you entering? How will this environment influence your strategy? d. Apply the four tests to your strategy. What questions do they raise? How would you answer these questions if they were posed by a banker or venture capitalist?What are the determinants of National Competitive Advantage according to the Porter's diamond?a. Explain how did the Bonia Company perform in the past year overall in terms of return on investment, market share, and profitability? b. What are the Bonia Company's current mission, objectives, strategies, and policies? c. Are they clearly stated, or are they merely implied from performance?