Reference no: EM132238273
1. Operational planning is done by ________ managers.
A) tactical
B) middle
C) frontline
D) top-level
E) strategic
2. Functional strategies are those that are
A) utilized as corporate benchmarks for evaluating corporate performance.
B) implemented by each department of an organization to support the business strategy.
C) typically developed by the board of directors.
D) used to evaluate competitors.
E) utilized by top management in developing the corporate structure and resource allocation of an organization.
3. A ________ strategy involves ad ding new businesses that produce related products or are involved in related markets and activities
A) concentric diversification
B) lateral diversification
C) differentiation
D) concentration
E) conglomerate diversification
4. One of the drawbacks of exporting is
A) high transportation costs. B) loss of control over quality. C) decreased scale volume. D) loss of scale economies. E) loss of control over technology
5. Research suggests that regardless of nationality or religion, most people embrace a set of five core values. Which of the following is one of the five core values?
A) Competitiveness B) Submission C) Compassion D) Ambition E) Greed