MAN3025

Which of the following is NOT an international business strategy?

Intercontinental

____ is the proportion of the market controlled by the product.

Relative market share

The starting point in formulating strategies is usually

a SWOT analysis.

Strategy formulation is

a set of processes involving the organization's strategies.

Forms of diversification include/e. All of these choices

a. acquisitions. b. vertical integration. c. mergers. d. the internal development of new products. e. All of these choices

The product life cycle/e. All of these choices

a. shows how sales volume changes over time for products. b. can help managers recognize that strategies need to evolve over time. c. begins when a new product or technology is first introduced. d. generally consists of four stages. e. All of these choices

A(n) ____ strategy is a pattern of action that develops over time in an organization in the absence of missions and goals, or despite missions and goals.

emergent

In environmental SWOT analysis, the external organizational position is analyzed according to its

opportunities and threats

Effective strategies

provide managers with a list of environmental contingency factors

Business-level strategy focuses primarily on

the areas in which the firm may have an advantage and how much various organizational parts enhance each other.