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Question
National cultures can be classified on their levels of Confucian dynamics. This means:A. The degree to which decisions are focused on the long term or short term
B. The degree to which society draws strong distinctions between gender roles
C. The degree to which members of society accept uneven power distribution
D. The degree to which the focus of society is on the individual or the group
E. The degree to which members of society are tolerant of uncertainty and ambiguity
Answer
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Related questions
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What is a strategic control system? What is the difference between feedforward and feedback controls?
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A. Means that an organization must liquidate its assets
B. Means that some management decisions must be approved by a court
C. Is intended for companies that have lots of liquid assets but are locked into an unfair labor contract
D. Is most successful if an organization has very high debt levels
E. None of the above
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Which of the following provides an opportunity for an organization to work out a plan for solving its financial problems under the supervision of a federal court?
A. Prepackaged reorganization strategy
B. Chapter XIII bankruptcy
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Restructuring can be defined as a detailed analysis of a firm's competitors and other external stakeholders and competitive forces.
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No strategy or organizational design works indefinitely.
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A strategic control system helps top managers evaluate organizational progress.
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If a foreign subsidiary plays a unique role as a part of an interdependent network of subsidiaries, it is playing the role of:
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B. Global implementation
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Which structure combines the essential elements of the functional and divisional structures?
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A. Marketing
B. Finance
C. Operations
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What are the characteristics of a well-developed functional strategy?
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What is the resource-based view of the firm? What categories of resources does a firm possess?
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B. Evaluating the environment
C. Influencing the environment
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Corporate-level decisions are typically made by:
A. Low-level employees
B. The CEO and/or board of directors
C. Functional managers
D. Department heads
E. Stockholders
Q:
Corporate strategy formulation deals primarily with:
A. How firms compete in the business areas they have selected
B. High-level financial analysis
C. The details of functional area strategies
D. The selection of business areas in which the firm will compete
E. All of the above
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Strategy formulation involves which of the following?
A. Corporate-level, business-level, and division-level strategy formulation
B. Functional-level, employee-level, and customer-level strategy formulation
C. Corporate-level, business-level, and functional-level strategy formulation
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Q:
Which of the following is not a stakeholder of an organization?
A. Employees
B. Stockholders
C. Customers
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E. These are all stakeholders. None of the above answers is correct.
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A. They are expensive
B. They are friendly
C. They involve high premiums
D. The managers of the acquired firm leave to make way for new managers
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Q:
Synergy among businesses is created instantly if they are related to each other.
Q:
Market saturation is one possible reason for firms to abandon their concentration strategies.
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During the decline stage of the industry life cycle:
A. Tight cost controls leading to efficiency are essential
B. Products are highly differentiated
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The most important elements in a business model include all of the following except:
A. Selecting a growth strategy
B. Verifying that sufficient demand exists for a given product at a given price in a particular market
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A. Differentiation
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A. Sales always increase with increasing amounts of output
B. Loss of sales does not reduce scale benefits
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For a differentiation strategy to be considered successful:A.The organization that is pursuing the differentiation must be highly innovativeB.Customers must be willing to pay more for the uniqueness of a product or service than the firm paid to create that uniquenessC.Loss of sales cannot reduce the benefits from economies of scaleD. The organization must invest heavily in differentiating its productsE. The organization that is pursuing differentiation must charge approximately the same price as its competitors but make a higher profit
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At the maturity stage of the life cycle, revenue growth accelerates rapidly.