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)