Question

QUESTION 22

Which of the following cannot be external to the organization?

		weakness
		threat
		opportunity
		All of the above can be external.

1 points   

QUESTION 23

Which of the following cannot be internal to the organization?

		strength
		weakness
		opportunity
		All of the above can be internal.

1 points   

QUESTION 24

Which of the following is a valid reason why a firm might pursue a flexible strategy?

		Flexibility is necessary to pursue first mover advantages.
		Organizational resources change.
		Performance is not acceptable.
		All of the above are valid reasons.

1 points   

QUESTION 25

Which of the following is an argument for strategic flexibility?

		The organization should adapt to its environment.
		Risk in inherent in any strategy.
		It is difficult to maintain success through a single strategy.
		All of the above are arguments for strategic flexibility.

1 points   

QUESTION 26

Which of the following is an example of a physical resource?

		restructuring efforts
		strategies
		experience of top managers
		None of the above

1 points   

QUESTION 27

Which of the following is an example of an organizational resource?

		experience
		strategies
		employee knowledge & skills
		None of the above

1 points   

QUESTION 28

Which of the following is not a category of firm resources?

		organizational resources
		physical resources
		human resources
		All of the above are categories of firm resources.

1 points   

QUESTION 29

Which of the following is not a physical resource consideration?

		quality of distribution network
		favorable locations
		production capacity
		All of the above are physical resource considerations.

1 points   

QUESTION 30

Which of the following is not a resource consideration for middle managers, supervisors, and employees?

		strategically relevant knowledge
		turnover
		emphasis on training and development
		All of the above are resource considerations.

1 points   

QUESTION 31

Which of the following is not a resource consideration for the board of directors?

		prospective contributions from members
		connection to the firm
		present level of investment in the firm
		All of the above are resource considerations.

1 points   

QUESTION 32

Which of the following is not a resource consideration for top managers?

		experience as a member
		relative experience in non-managerial roles
		backgrounds and capabilities
		All of the above are resource considerations.

Answer 1

QUESTION 22 - Which of the following cannot be external to the organization?

Answer = (A) weakness

• Strength and weaknesses are the internal to the organisation

QUESTION 23 - Which of the following cannot be internal to the organization?

Answer = (C) opportunity

• opportunity and threat are the external to the organisation

QUESTION 24 - Which of the following is a valid reason why a firm might pursue a flexible strategy?

Answer = (D) ?All of the above are valid reasons.

• Flexibility helps in preparing a company for uncertain markets

QUESTION 25 - Which of the following is an argument for strategic flexibility?

Answer = (D) All of the above are arguments for strategic flexibility.

• strategic flexibility helps in dealing all kinds of threats