Multiple Choice
Identify the
letter of the choice that best completes the statement or answers the question.
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1.
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Which
one of the following does not influence organizational learning? a. | Awareness of
wider environmental developments | b. | Knowledge of competitor activity | c. | Reflecting on
past actions | d. | Information distribution | e. | Applying
activity maps | | |
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2.
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Which
one of the following is not a future pattern identified by Courtney et al. (1997) a. | A limited and
definable number of discrete alternatives which can be evaluated and judged by strategic
managers | b. | A limited and definable number of alternatives which cannot be
evaluated nor judged with any great certainty | c. | A limited but
undefinable number of discrete alternatives which can be evaluated and
judged | d. | A limited but undefinable number of discrete alternatives that
cannot be evaluated nor judged at all | | |
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3.
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Which
of the following is not a purpose of strategic thinking? a. | To realize what
needs to change | b. | To establish the agenda for managing strategic
change | c. | To clarify future direction | d. | To allocate
scarce resources | e. | To manage scarce resources | | |
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4.
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Which
of the following is not an element of strategic thinking? a. | Judge what
strategic changes to make | b. | Realize what needs to change | c. | Understanding
current strategic positions | d. | Manage organizational resources and
competencies | e. | All of the above are elements of strategic
thinking | | |
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5.
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Which
of the following is not a recognized area of opportunity for developing synergy? a. | Functional | b. | Processual | c. | Strategic | d. | Managerial | | |
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6.
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Which
of the following is one of the four key elements which must be adhered to if synergy is to be
achieved? a. | Efficiency | b. | Competitive strategies | c. | Customer
satisfaction | d. | Strong values | e. | Effective
leadership | | |
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7.
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What
is synergy? a. | When the
organization is providing a product to the customer that perfectly suits their
requirements | b. | When the parts of an organization are combined and managed in
such a way that the drawbacks exceed those which would result if the parts were operating
separately | c. | When the parts of an organization are combined and managed in
such a way that the benefits exceed those which would result if the parts were operating
separately | d. | When the parts of an organization are combined and managed in
such a way to reduce costs | e. | When costs decrease as the volume of unit production
increase | | |
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8.
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What
is Kellogg’s main challenge for the future a. | To create new products for a market that is both growing and
declining according to geography whilst generating enough cash to advertise and launch new
products | b. | To create new products for a market that is both growing and
declining according to geography | c. | To create new products for a market that has the same tastes,
whilst generating enough cash to advertise and launch new products | d. | To not become
adversely affected by increased competition again and adapt to changing customer
tastes | e. | To adapt to changing customer tastes regardless of market
decline | | |
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9.
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Which
one of the following are considered to be synergistic benefits for LVMH? a. | Joint
ventures | b. | Similarity of portfolio | c. | Commercial
exploitation | d. | Name association | | |
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10.
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Which
one of the following is not one of the elements of strategic thinking described by Campbell and
Alexander (1997)? a. | Organizational
culture | b. | Outlining of competencies | c. | Future-gazing | d. | Organizational behavior | | |
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