Ashford BUS433 Week 3 Quiz

BUS 433 (Ashford) – New Business StrategyBUS 433 – Week 3 Quiz1. Question : Corporate strategy deals with __________.how the firm competesthe scope of the firmrole of each functiondeciding what functions to perform2. Question : ____________ are critical elements in successful M&As.Management strategiesSynergiesPortfolio managementDiversification3. Question : According to the BCG matrix, the strategy for _______ is to invest in them and increase their share of the firm’s overall business.cash cowsstarsquestion marksdogs4. Question : A sensitivity analysis is based onlevels of awarenessdifferent assumptions about motivationsorganizational politicsall of the above5. Question : ___________ movers take risks in anticipation of high returns.FirstSecondThirdLate6. Question : ________ firms diversify to a minor degree, but typically no more than 30 percent.Related-productConglomerateDominant-productSingle-product7. Question : The ability to achieve new resource configurations is a _______________________.core competencedynamic capabilitydistinctive competencecapability8. Question : Superior advantage in a ______ position comes from managing critical ________ well.differentiated, cost driversdifferentiated, value driverslow-cost, value driverzlow-cost, cost drivers9. Question : Quick strategic moves that remake ________ and do not elicit adequate responses from rivals are crucial for success.corporate strategiesbusiness strategiesbusiness modelsvalue chains10. Question : ______ emphasizes the importance of considering the timing of the moves of one’s competitors with the timing of one’s own moves.VisionGame theoryMissionValue chain