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Book/movie review
22/08/2022
Online Exam 2
Question 1 5 / 5 points
The __________ should elaborate a purpose for the organization.
Question options:
vision
competitive strategy
mission
strategy
Question 2 5 / 5 points
Purchasing and sending electronic greeting cards through a web site could represent a(n) __________ for a traditional greeting card company like Hallmark.
Question options:
organizational change
stable vision
physical change
product innovation
Question 3 5 / 5 points
Change agents are:
Question options:
manipulators that facilitate change to improve an organization’s revenue.
those who initiate and oversee the change efforts.
the leader who single-handedly is responsible for an organization’s success through authoritarian leadership.
All of the answer choices are correct.
Question 4 5 / 5 points
__________ is the ability to combine ideas in a unique way or to make unusual associations between ideas.
Question options:
Resourcefulness
Strategic focus
Creativity
Interactivity
Question 5 5 / 5 points
A __________ statement is a statement of what specific organizational units do and what they hope to accomplish.
Question options:
vision
strategy
technology
mission
Question 6 5 / 5 points
The United States Congress could represent the __________ form of stakeholders.
Question options:
political action groups
supplier
government
shareholder
Question 7 5 / 5 points
__________ include all financial, physical, human, intangible and structural/cultural assets used by an organization to develop, produce and deliver products or services to its customers.
Question options:
Investments
Capabilities
Vulnerabilities
Resources
Question 8 5 / 5 points
Capitalizing on information, people, ideas, and knowledge characterizes the implication of:
Question options:
vanishing distance.
reduced need for physical assets.
compressed time.
turbulent change.
Question 9 5 / 5 points
As you are studying your organization’s context, it seems clear that the company will have to prepare itself for continual turbulence and change. Which of the following best describes the driving forces for change that could affect the company’s future?
Question options:
Reduced need for physical assets
Vanishing distance and compressed time
Increased vulnerability
All of the answer choices are correct.
Question 10 5 / 5 points
__________ is defined as a structured transition in what an organization does and how it does it.
Question options:
Strategy
Strategic management
Organizational change
Globalization
Question 11 5 / 5 points
The competitive advantage perspective that focuses on structural forces within an industry, the competitive environment of firms, and how these influence competitive advantage is the __________ view.
Question options:
industrial-organizational
resource-based
guerilla
environmental
Question 12 5 / 5 points
Experiences, characteristics, and knowledge are all aspects that represent __________ resources.
Question options:
financial
intangible
human
structural
Question 13 5 / 5 points
Ms. Gibson has come up with the idea of offering free house painting if the job is not completed within the time agreed. Which of the following best describes the competitive advantage perspective that Ms. Gibson is proposing?
Question options:
Resource-based view
Guerilla view
Industrial organization view
Environmental view
Question 14 5 / 5 points
An organization’s attempt at creating and sustaining a long-term competitive advantage can be disrupted through all of the following EXCEPT:
Question options:
technological advances.
market instability.
government legislation.
globalization.
Question 15 5 / 5 points
Which of the following best describes the competitive advantage perspective that looks at the impact of external factors?
Question options:
Resource-based view
Guerilla view
Industrial organization view
Environmental view
Question 16 5 / 5 points
Corporate social responsibility (CSR) is the obligation of __________ to make decisions and act in ways that recognize the interrelatedness of business and society.
Question options:
society
stakeholders
community
organizational decision makers
Question 17 5 / 5 points
The following are all components of an organizational vision EXCEPT:
Question options:
a strong connection to the organization’s core values and beliefs.
strategy based on the results of a focus group.
elaboration of a purpose for the organization.
summary of the organization’s operations or what it does.
Question 18 5 / 5 points
Which of the following factors is considered to make an organization’s resources unique?
Question options:
Durability
Imitability
Quality
Efficiency
Question 19 5 / 5 points
The influence of globalization in managing strategically can be demonstrated in:
Question options:
the global marketplace.
global competition.
the organization itself.
global competitors and the global marketplace.
Question 20 0 / 5 points
All of the following are effects of the driving forces in the new business environment EXCEPT:
Question options:
vanishing distance.
globalization.
compressed time.
continual turbulence. (Incorrect)
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