Section 8Q 1, 3, 8, 12, 15

Which of the following is a generic business strategy?
1. Internationalisation
2. Time compression
3. Globalisation
4. Product Differentiation
5. Locking customers in
Michael Porter, an engineer and economist, is concerned with the impact of the external environment on the firm. He sees five major influences (forces) on a firm’s ability to compete – which item is not one of those forces (as referred to by him)?
1. Bargaining power of suppliers
2. Threat of new entrants
3. Threat of new technology
4. Rivalry
5. Threat of substitute products
6. Bargaining power of buyers
MBO allows for two types of review – what are they?
1. Performance Review and potential Review
2. Performance Review and personal Review
3. Performance Review and appraisal Review
4. Performance Review and training Review
What type of strategy is Porter generally associated with?
1. Emergent strategy
2. Leveraging resources & capabilities
3. Positioning strategy
4. Resource based view (RBV)
5. Knowledge based view (KBV)
Which term is usually applied to the vertical extension of job responsibilities?
1. job enrichment
2. job design
3. job simplification
4. Job Enlargement
5. Job satisfaction