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Corporate Strategy Fundamentals Test
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Corporate Strategy Fundamentals Test
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25 Questions

1. When growth is vertical
2. When a firm engages in unrelated diversification
3. What does the M stand for in the MOST Business Analysis?
4. Which of the following is not considered to be a level of strategy in an organization?
5. Which error in decision-making typically results when managers have already devoted significant resources to a project but have yet to see financial results?
6. How should a corporation structure itself in order to maximize its abilities to execute a strategy?
7. Which of the following best categorizes individuals or groups who have an interest in the actions of an organizations?
8. Why is performing a gap analysis helpful in the change process?
9. Why are products identified as 'question marks' in the BCG Matrix challenging for management?
10. What BCG Matrix strategy calls for reducing investment in a product to maximize profits and produce positive cash flows?
11. What is organizational stability?
12. What is total quality management (TQM)?
13. What does the L stand for in the PESTLE Analysis?
14. What is an example of a growth strategy a firm may pursue?
15. What legal issue could potentially arise as a result of horizontal integration strategies?
16. How can corporations use executive compensation to focus management decision making on goals that are important to shareholders?
17. Which of the following is a economic value trait?
18. What is an example of a long-term consideration of a strategic corporation?
19. What is the main difference between corporate and business strategy?
20. Which of the following is not a major perspective of the balanced scorecard?
21. An acquisition is the outright purchase of another company. What is a merger?
22. What are products that occupy the low market share and low growth quadrant of the BCG Matrix called?
23. Which of the following is true regarding the impact of diversification on an organization's performance?
24. What kind of outlook would make organizational stability a prudent action?
25. Which of the following is a potential detriment to concentration strategies?

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