which of the following is true about corporate strategy

Which of the following statements is true? D) They cannot entail long negotiations. A) Corporate mission is shaped by functional strategies B) Corporate strategy is shaped by functional strategies C) Functional strategies are shaped by corporate strategy. B) Corporate mission is shaped by corporate strategy. C) Functional strategies are shaped by corporate strategy. Which of the following is true? The strategic plan allows an organization to examine its resources, provides a financial plan and establishes the most appropriate action plan for increasing profits. 6. B) Corporate strategy is shaped by functional strategies. MC Question 5 - September 2016 Specimen. The new name was designed to focus attention on the company's superior performance, financial strength, and its commitment to integrity and corporate responsibility. It offers direction toward future development is TRUE about an organization’s strategic vision statement. It concentrates on future It defines the customers It identify critical processes It informs about the desired level of performance Which of the following is NOT a component of external environment analysis? Answer: True 18. A You need a website to show up in search results . Answer: True 19. Which of the following statements is true of a niche strategy? Which of the following statements is true of explicit knowledge? asked Sep 14, 2015 in Business by Nerdo. A) They enable the exchange of both tacit and explicit knowledge. Monitor corporate strategy decisions and ensure that they are consistent with stockholder interests b. They are concerned with the broad and more long-term issues of the organization . The corporate strategy adopted by the company is known as: A. concentration. Financial objectives and corporate strategy 1 / 1. A. Which of the following statements about the communications objectives the company would have most likely used as part of this repositioning strategy is true? C) It cannot be changed. Question. 52) Which of the following is true regarding television advertising? C You’ll be seen by the same volume of customers whether you use search advertising or not . s. Log in for more information. The strategy diamond lets you summarize the characteristics of a firm’s business and corporate strategy in terms of five facets—arenas, differentiators, vehicles, staging and pacing, and economic logic. False 18. C. related diversification. a. Updated 7/14/2018 1:22:10 AM. a. Answer Save. c. Formulation, implementation and evaluation of a strategy Which of the following statement is TRUE about a Vision statement of a company? Correct Answer It is used to identify an organization’s strengths and weaknesses. B. vertical integration. B. D) External conditions are shaped by corporate mission. Which of the following is true of the work of individuals in a functional structure for implementing a cost leadership strategy? True … - It outlines a division's long-term goals. A) Corporate mission is shaped by functional strategies. Which of the following is true of a differentiation strategy? Figure 10.1 "Corporate and Business Strategy" summarizes the distinction between business and corporate strategy. B) It is usually determined by outside forces. False 19. A) Explicit knowledge is about knowing how to do a certain task. The lower purchasing is on the organization chart, the less impact the supply function will have on corporate strategy. Which of the following statements is true when marketing your business online? Corporate-level strategy is concerned with ____ and how to manage these businesses. a. Which of the following statements is TRUE? Financial objectives and corporate strategy. A. they will be allowed to make autonomous decisions B. their work will be self-managed C. it will be controlled by highly formalized rules and procedures D. there will be few formalized rules and procedures which of the following statements is true about organization strategic vision statement. Correct Answer It is the primary responsibility of top managers. For successful business organizations, the only constant is _____. In order to reduce production costs, Seuss Inc., an automobile manufacturer, decided to buy out a glass plant and begin manufacturing the glass for the windows of cars on its own. Which of the following is TRUE about corporate culture? B) They reduce the possibilities of trust and commitment. Definition: Strategy Formulation is an analytical process of selection of the best suitable course of action to meet the organizational objectives and vision.It is one of the steps of the strategic management process. asked Jun 15, 2016 in Business by Chelsea. Answer: It is the best medium for action and image advertising. True b. A) Corporate strategy is shaped by functional strategies. true false answer An employer must disclose that a credit check is being made and obtain written consent from the person being checked. c. A niche strategy involves removing extra frills from products. A firm's corporate strategy is created annually and remains stable until the following year. A cost-focus strategy is a low-cost, narrowly focused market strategy: true : t/f:15. E) Functional area missions are merged to become the organizational mission. Measurement of advertising effectiveness is extremely important. Which of the following statements is true of a corporate-level strategy? A group of managers is considering pricing strategy and differentiation. Which of the following statements is true of joint ventures? A) It can direct employees' efforts toward goals. Business Strategies: Every firm needs to make plans, strategies, and policies to make business activities. D. c. Federal law forbids pharmacies from advertising prescription drug prices. Strategy development involves studying the alliance’s feasibility, objectives, and rationale; it also entails focusing on the major issues and challenges and development of resource strategies for production, technology, and people. b. chapter 11 corporate performance governance and business ethics truefalse union and the general public are examples of internal stakeholders. The degree of competition for critical materials will be a key factor in the importance of supply management. At which level of strategy are the managers most likely to … B You’ll reach a similar client base to the one you have in the real world . E) It rarely affects newcomers in an organization. The corporate-level strategy is the set of strategic alternatives from which an organization chooses as it manages its operations simultaneously across several industries and several markets. "Improving the company's cash flow" is a good example of an effective objective. true : 1. D) It is easy to change. - It is the primary responsibility of top managers. Project managers who understand the role that their project plays in accomplishing the organization's strategy are able to do all of the following EXCEPT Be able to focus on problems or solutions, even if the project is a low priority strategically. Corporate strategy defines the scope of a firm’s structure, while business strategy emphasizes the relationship of each business with its environment (state, regulators, etc.) change : 2. Which of the following statements is true of a corporate-level strategy? A corporate strategy, for example, of P&G may be acquiring the major tissue paper companies in Canada to become the unquestionable market leader. A niche strategy is most suitable for firms that have achieved economies of scale. D) Equity knowledge is acquired only through actively participating in a process. Share Tweet Share Pin Email Which of the following statements is true when marketing your business online? b. Differentiation strategies based on distribution systems are generally unsuccessful. They are concerned with how the organization is going to compete in a specific business or industry . Asked 7/30/2014 6:23:44 PM. A. Which of the following statements is NOT true regarding corporate strategies? Strategy is important not only for aspiring Davids who need an offensive device to combat corporate Goliaths. A firm that possesses a valuable and rare resource will not gain a competitive advantage unless it can actually put that resource to effective use. Correct Answer It outlines a division’s long-term goals. Which of the following is TRUE about the Fair Credit Reporting Act? C) Explicit knowledge is shared in non-equity alliance firms. Previous Next. Before an entrepreneur can build a successful strategy, they must establish a clear mission, goals, and objectives in order to have appropriate targets at which to aim their strategy. C) Functional strategies are shaped by corporate strategy. B) Explicit knowledge is knowledge that cannot be codified. a. All five facets are interrelated. A. Correct Answer It provides the framework within which functional managers operate. 53) Which of the following is true regarding print ads? Answer: Print has archival value. C. They are concerned with the direction the organization is headed . c. Corporate strategy focuses on the overall strategic plan, while business strategy focuses on implementing strategic decisions in each product market d. Apply sanctions on management when appropriate c. Hire, fire, and compensate the CEO d. Develop the company's competitive strategy e. Make sure the audited financial statements present a true picture of the company's financial situation a. A company may require applicants to take a drug test even before a conditional job offer has been made. Which strategy is about how to compete successfully in particular markets? A. Business-level strategy B. Corporate-level strategy C. Alliance-based strategy D. Operational-level strategy. It requires aligning alliance objectives with the overall corporate strategy. C) They are characterized by single reporting lines. A niche strategy requires business firms to reduce after-purchase service options. a. a strategy for determining the firm's overall attitude toward growth and the way it will manage its businesses or product lines b. a strategy at the business-unit or product-line level that focuses on improving a firm's competitive position c. a strategy by which managers in specific areas decide how best to achieve corporate goals Advertising is a period cost and a plant manager’s salary is a period cost. true : t/f:14. True b. More than one firm can compete successfully based on differentiation in an industry. D) External conditions are shaped by corporate mission. Which of the following actions is LEAST likely to increase shareholder wealth? which of the following is true - corporate strategies are shaped by corporate strategy - functional area missions are merged to become the organizational mission-external conditions are shaped by corporate mission - corporate mission is shaped by functional strategies. Answer: Radio can reach audiences quickly. 54) Which of the following statements is true regarding radio? E. corporate. E) Corporate mission is … Notes Video Quiz Paper exam CBE. 59. a. a. Expert Answer The answer should be Email which of the following is true regarding radio participating in a process enable the of... As: a. concentration is considering pricing strategy and differentiation communications objectives company. Is _____ is true when marketing your business online b. corporate-level strategy businesses! Corporate strategies part of this repositioning strategy is shaped by corporate strategy adopted by the company 's flow. 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'' is a good example of an effective objective, the less the... Functional structure for implementing a cost leadership strategy written consent from the person checked...
which of the following is true about corporate strategy 2021