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

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.

weakness

threat

opportunity

All of the above can be external.

Explanation / Answer

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

Answer = (A) weakness

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

Answer = (C) opportunity

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.

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

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

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