BASIC CONSIDERATION IN MAS

It could be argued that the reason a company has succeeded in a very competitive market while its rivals have failed is because:

The strategies that the successful company pursues have a strong impact on its performance relative to its rivals. (correct)

The successful company has adopted more steps to its formal strategic planning process.

The company has evolved into a multi-divisional organization.

The company has adopted a strategy with a low propensity for risk-taking.

Which of the following is not a significant reason for planning in an organization?

Forcing managers to consider expected future trends and conditions. (correct)

Developing a basis for controlling operations.

Enabling selection of personnel for open positions.

Promoting coordination among operation units.

One of the key sources of competitive advantage is:

Slow adoption of more efficient business practices.

Responsiveness to customer needs. (correct)

Maintaining average quality.

aking advantage of, and being a follower in, competitors' product innovation.

According to the BCG Growth-Share Matrix, all of the following are included in product life-cycle

Superior responsiveness to customers. Signup and view all the answers

Strategic managers use different business-level strategies to put the company's business model into action. Business- level strategies include all of the following except

How to improve the product attributes, the service attributes and personnel attributes associated with the company's product Signup and view all the answers

The method(s) that managers employ to attain one or more of the organization's goals can be defined as

Strategy Signup and view all the answers

Companies group customers in order to gain a competitive advantage. This is called

Market segmentation Signup and view all the answers

When the organization develops a plan or plans to prepare for future, often unpredictable events, it is called:

Contingency planning. Signup and view all the answers

The sources of a company's distinctive competencies are:

The company's resources and capabilities. Signup and view all the answers

Pro forma financial statements are used within a company for various purposes. They are not used for

comparison with actual results for performance reporting in order to determine employee bonuses. Signup and view all the answers

BASIC CONSIDERATION IN MAS

Questions and Answers

It could be argued that the reason a company has succeeded in a very competitive market while its rivals have failed is because:

Which of the following is not a significant reason for planning in an organization?

One of the key sources of competitive advantage is:

According to the BCG Growth-Share Matrix, all of the following are included in product life-cycle

Strategic managers use different business-level strategies to put the company's business model into action. Business- level strategies include all of the following except

The method(s) that managers employ to attain one or more of the organization's goals can be defined as

Companies group customers in order to gain a competitive advantage. This is called

When the organization develops a plan or plans to prepare for future, often unpredictable events, it is called:

The sources of a company's distinctive competencies are:

Pro forma financial statements are used within a company for various purposes. They are not used for

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