Considered corporate-level strategy

Assignment Help Operation Management

Reference no: EM132188872

1. A learning curve implies:

A. An employee can easily learn to do several different jobs within a firm

B. Employees learn to do jobs more efficiently with repetition

C. Employees who are slow to learn new tasks will require additional training time

D. The time required to complete a task will decrease as a predictable function of the number of times the task is repeated

E. B and D are both correct

2. Which of the following is an advantage of pursuing cost leadership?

A. Sales always increase with increasing amounts of output

B. Loss of sales does not reduce scale benefits

C. The strategy easily accommodates changes in the market

D. Firms invest heavily in differentiating their products

E. A firm may charge the same price as its competitors but make a higher profit

3. Which of the following typically is a corporate level strategy formulation responsibility?

A. Establishment of short term operating goals

B. Choice of generic strategy for each business unit

C. Selection of businesses in which to compete

D. Direct supervision of research and development programs

E. None of the above

4. As corporate-level strategies develop, any of the following strategies might be expected to follow a concentration strategy except:

A. Vertical integration

B. Diversification of markets

C. Diversification of products/services

D. Diversification of resource conversion processes

E. Restructuring

5. Which of the following is not considered a corporate-level strategy?

A. Focus through differentiation.

B. Concentration

C. Related diversification

D. Unrelated diversification

E. None of the above. These are all corporate-level strategies.

6. Which of the following is strength of a concentration strategy?

A. Product obsolescence will rarely affect the firm

B. Executives can develop in-depth knowledge of the business

C. Industry maturity will rarely affect the firm

D. Firms pursuing this strategy are rarely acquired by another firm

E. Bankruptcy risk is minimal

Reference no: EM132188872

Questions Cloud

Organized around output and has high level of centralization : Which business-level structure is organized around outputs and has a high level of centralization?

Discuss the framing opportunities for leaders : Discuss the framing opportunities for leaders. Describe how each opportunity impacts their team members.

Segmented the market too much and confused customers : Do you think hotel companies have segmented the market too much and confused customers?

Weakness of concentration strategy : Which of the following is a weakness of a concentration strategy? According to the theory of transaction cost economics, a market is likely to fail if:

Considered corporate-level strategy : Which of the following is strength of a concentration strategy? Which of the following is not considered a corporate-level strategy?

Identified benefit the sales of your product or service : How will the additional features you identified benefit the sales of your product or service?

There risk that customers will turn to competitor : How do you attempt to gain loyal customers? When adjusting price, is there risk that customers will turn to a competitor?

Describe the competitive priorities of southwest : How would you describe the competitive priorities of Southwest? How does this differ from other airlines?

Adoption of health care information system technologies : What are the ways in which Grand's early adoption of other health care information system technologies might affect its adoption of telemedicine solutions?

User Account

All Pages