Straddling strategies as an approach to strategic management is not recommended for which reason

0 Exact answers 0 Text answers 76 Multiple-choice answers

Straddling strategies as an approach to strategic management is not recommended for which of the followrng reason:

Straddling strategies as an approach to strategic management is not recommended for which reason
According to Porter straddling strategies is recommended for narrow scope firms that have been successful in the past.

Straddling strategies as an approach to strategic management is not recommended for which reason
It is an attempt to gain competitive advantage based on over-all low-cost provider of a product or service

Straddling strategies as an approach to strategic management is not recommended for which reason
Research shows that stradeling strategies leads to confusion among managers about the direction of the company.

Straddling strategies as an approach to strategic management is not recommended for which reason
It is an indication that the firm's managers have not made necessary choices about the business and its strategy


Straddling strategies as an approach to strategic management is not recommended for which reason

Firms that do the product leadership strategy well include which of the following factors:

Straddling strategies as an approach to strategic management is not recommended for which reason
Do not focus on innovation

Straddling strategies as an approach to strategic management is not recommended for which reason
Are in stagnant markets

Straddling strategies as an approach to strategic management is not recommended for which reason
Have superb operations and execution

Straddling strategies as an approach to strategic management is not recommended for which reason
Focus on development, innovation, design, and time to market


The purpose of diversification is:

Straddling strategies as an approach to strategic management is not recommended for which reason
To build a portfolio of businesses much like a portfolio of stock

Straddling strategies as an approach to strategic management is not recommended for which reason
To spread out risk and opportunities over a larger set of businesses

Straddling strategies as an approach to strategic management is not recommended for which reason
To capture more consumers

Straddling strategies as an approach to strategic management is not recommended for which reason
To satisfy the mission and vision


The major diversification strategy through which products are produced that are technically similar to the company's current products but appeal to a new consumergroup is:

Straddling strategies as an approach to strategic management is not recommended for which reason
Horizotal diversification

Straddling strategies as an approach to strategic management is not recommended for which reason
Hierarchical diversification

Straddling strategies as an approach to strategic management is not recommended for which reason
Conglomerate diversification

Straddling strategies as an approach to strategic management is not recommended for which reason
Concentric diversification


Examples of business strategy include all the followrng EXCEPT:

Straddling strategies as an approach to strategic management is not recommended for which reason
Help keep existing customers

Straddling strategies as an approach to strategic management is not recommended for which reason
Know the business needs to compete in orderto be effective

Straddling strategies as an approach to strategic management is not recommended for which reason
Grow its business by moving into new markets and taking customers from competitors

Straddling strategies as an approach to strategic management is not recommended for which reason
Determine how to keep profit level demanded by the stock market


Strategy formulation answers the question:

Straddling strategies as an approach to strategic management is not recommended for which reason
How is strategy applied to me?

Straddling strategies as an approach to strategic management is not recommended for which reason
What should our strategy be?

Straddling strategies as an approach to strategic management is not recommended for which reason
How do we execute a chosen Strategy?

Straddling strategies as an approach to strategic management is not recommended for which reason
Where does strategy fit in?


Straddling strategies as an approach to strategic management is not recommended for which reason

Superiority in competitive advantage refers to all of the followrng factors EXCEPT:

Straddling strategies as an approach to strategic management is not recommended for which reason
Customer service

Straddling strategies as an approach to strategic management is not recommended for which reason
Product quality

Straddling strategies as an approach to strategic management is not recommended for which reason
Unique style

Straddling strategies as an approach to strategic management is not recommended for which reason
Low cost


While there are different schools of thought about how strategy comes about, researchers generally agree the common chaiactenstic across successful organizations is:

Straddling strategies as an approach to strategic management is not recommended for which reason
Strategic focus

Straddling strategies as an approach to strategic management is not recommended for which reason
Strategy trade-off

Straddling strategies as an approach to strategic management is not recommended for which reason
Strategy discipline

Straddling strategies as an approach to strategic management is not recommended for which reason
Strategic process


The different aspects of strategy as distinguished by Mintlberg include which of the following?

Straddling strategies as an approach to strategic management is not recommended for which reason
Realized

Straddling strategies as an approach to strategic management is not recommended for which reason
Differentiate

Straddling strategies as an approach to strategic management is not recommended for which reason
Consequential

Straddling strategies as an approach to strategic management is not recommended for which reason
Permanent


Using Porter’s analysis, firms are likely to generate higher profits if the industry includes which of the following?

Straddling strategies as an approach to strategic management is not recommended for which reason
Difficult to enter

Straddling strategies as an approach to strategic management is not recommended for which reason
Buyers are strong

Straddling strategies as an approach to strategic management is not recommended for which reason
Unlimited nvaliy

Straddling strategies as an approach to strategic management is not recommended for which reason
There are many substitutes


How groups function has important implications for organizational:

Straddling strategies as an approach to strategic management is not recommended for which reason
Hierarchy

Straddling strategies as an approach to strategic management is not recommended for which reason
POLC function

Straddling strategies as an approach to strategic management is not recommended for which reason
Mission and vision

Straddling strategies as an approach to strategic management is not recommended for which reason
Productivity


Straddling strategies as an approach to strategic management is not recommended for which reason

Employees tend to be satisfied, but the effects on decision quality or employee productivity are weaker when leaders use which of the following decision making style?

Straddling strategies as an approach to strategic management is not recommended for which reason
Democratic

Straddling strategies as an approach to strategic management is not recommended for which reason
Laissez-faire

Straddling strategies as an approach to strategic management is not recommended for which reason
Authoritarian

Straddling strategies as an approach to strategic management is not recommended for which reason
Leader structured


A team may be charged with coming up with a new marketing slogan. Which kind of task is that?

Straddling strategies as an approach to strategic management is not recommended for which reason
Idea generation

Straddling strategies as an approach to strategic management is not recommended for which reason
Directing

Straddling strategies as an approach to strategic management is not recommended for which reason
Production

Straddling strategies as an approach to strategic management is not recommended for which reason
Problem-solving


Directive leadership is thought to be most effective in which of the following situations?

Straddling strategies as an approach to strategic management is not recommended for which reason
Employees have low level of ability

Straddling strategies as an approach to strategic management is not recommended for which reason
Employees have role clarity

Straddling strategies as an approach to strategic management is not recommended for which reason
Managing professional employees with job-specific knowledge

Straddling strategies as an approach to strategic management is not recommended for which reason
Employees are performing boring, routine, and highly structured jobs


According to Goleman, in what way are effective leaders different from ineffective leaders?

Straddling strategies as an approach to strategic management is not recommended for which reason
They differ in years of management experience

Straddling strategies as an approach to strategic management is not recommended for which reason
They differ in their understanding of the mission of the company motivation

Straddling strategies as an approach to strategic management is not recommended for which reason
They differ in their understanding of other people's emotions

Straddling strategies as an approach to strategic management is not recommended for which reason
They differ in their ability to control the emotions of others


The leadership style that sets goals for employees and encourages them to reach their goals is called:

Straddling strategies as an approach to strategic management is not recommended for which reason
Directive

Straddling strategies as an approach to strategic management is not recommended for which reason
Supportive

Straddling strategies as an approach to strategic management is not recommended for which reason
Achievement oriented

Straddling strategies as an approach to strategic management is not recommended for which reason
Participative


Straddling strategies as an approach to strategic management is not recommended for which reason

Where does strategy formulation fit within the POLC framework?

In terms of the P-O-L-C framework, strategy formulation is the P (planning) and strategy implementation is realized by O-L-C. Corporate strategy helps to answer questions about which businesses to compete in, while business strategy helps to answer questions about how to compete.

How are shareholders affected by a firm's strategies?

For instance, it is easy to see how shareholders are affected by firm strategies—their wealth either increases or decreases in correspondence with the firm's actions. Other parties have economic interests in the firm as well, such as parties the firm interacts with in the marketplace, including suppliers and customers.

Which of the following forms of diversification occurs when a firm operates multiple businesses within the same industry?

EXPLANATION: Related diversification occurs when a firm operates multiple businesses within the same industry.

Why do firms look to diversify?

Why might a firm look to diversify? a. Spread out risk and opportunities over a larger set of businesses.