Capstone Final

Firms can align ethical and strategic decision making by A) omitting ethical considerations from long-term planning. B) excluding ethical decision making from the performance appraisal process. C) discouraging whistle-blowing. D) monitoring departmental and corporate performance regarding ethical issues. E) All of the above

D

Which U.S. industry is already greatly challenged by foreign competitors? A) Printing B) Retailing C) Retail banking D) Consumer packaged goods E) None of the above

E

Already the European Union and 113 nations including Australia, Mexico, and Canada have ________ IFRS rules. A) adopted and then abandoned the use of B) been prohibited from adopting C) spoken out publicly against the adoption of D) revised the standard version of the E) adopted or soon plan to use

E adopted or soon plan to use

According to the Grand Strategy Matrix, organizations in which quadrant have a strong competitive position but are in a slow-growth industry?

IV

Valued more than competivties except

Individualism

As of 2012 which of the following countries had a top corporate tax rate below 30%

Israel and japan

Many New Zealanders, supported by Japanese, are outraged about Australia's "large-scale" whaling operations in Antarctic.

Japan

Which of the following is the first step in developing a QSPM

Make a list of the firms key external opportunities and threats and internal strengths and weaknesses in the left column

Preserving the environment should be a permanent part of doing business for which of the following reasons?

More lenders are examining the environmental liabilities of businesses seeking loans.

What term is used to describe specific guidelines, methods, procedures, rules, forms, and administrative practices established to support and encourage work toward stated goals

Policies

Which matrix is included in the decision stage of the strategy formulation framework?

Quantitative strategic planning matrix

Which strategic formulation technique reveals the relative attractiveness of alternative strategies and thus provides an objective basis for selecting specific strategies

Quantitative strategic planning matrix

In the Boston Consulting Group matrix which strategy would be most appropriate for division classified as Dogs

Retrenchment

Matching which factors would allow factories to produce desirable levels without extra shifts, overtime, or subcontracting? A) Markets and competitors B) Competition and positioning C) Customer behavior and positioning D) Supply and demand E) Segments and competitors

Supply and demand

What type of strategies would you recommend when a firms SPACE matrix directional vector has coordinates (-2,+3)

conservative

Just in time describes

delivering materials just as they are needed

Not a way companies create an ethical culture in their organization

discourage whistle blowing

Walmart encourages its employees to adopt "Personal Sustainability Projects" like weight-loss or smoking-cessation support groups, illustrating that

employee wellness can be a part of sustainability.

Consonance

examine sets of trends, as well as individual trends

A conservative rule of thumb is to establish a business' worth as ________ the firm's current annual profit. A) twice B) three times C) five times D) ten times E) fifteen times

five times

It is ________ for a business to provide a sustainability report annually to the public.

good business

An absence of conflict can signal ________ within an organization.

indifference and apathy

The domestic food industry _____ so Kraft foods is focusing on foreign acquisitions

is growing 3% per year

Protectionism involves all of of the following but

liberalizing restrictions on the import of foreign goods

Not a step in the SWOT Matrix

list external weaknesses

confrontation

managing and resolving conflict involves exchanging members of conflicting parties so that each can gain appreciation

The strategy-evaluation process should foster

mutual understanding

What portion of the firms going public in 2014 were unprofitable

nearly three quarters

Strategy evaluation activities should ideally be performed

on a continuous basis

Which of the following is NOT a management issue central to strategy implantation

performing an internal audit

Which of the following is not a reason for the increasing difficulty of evaluating strategies

product life cycles are longer

Which of the following is not a guideline for an effective strategic planning process

should employ international financial reporting standards

With regard to the visible or hidden issue, most executives agree that

some strategic information should remain confidential to top managers.

In the BCG matrix, when a division of an organization has a relative market share and is in a fast growing industry it is called a star

star

If you discover during the course of strategic evaluation that major changes have occurred then you should

take corrective actions

Culture

the enduring behaviors, ideas, attitudes, values, and traditions shared by a group of people and transmitted from one generation to the next

Financial ratios are used to compare a firms performance over different time periods to compare the firms performance to industry averages and to compare a firms performance with

the performance of competitors

According to the information in the text how many fortune 500 have women CEO's

twenty-six