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- Part One: Indicate whether the following sentences are true or false: 5. Strategy/ business concept innovation states that the current environment is hostile and hospitable to revolutionaries. Organizations are required to revolutionalize organizational strategy/ concept.Understanding today’s business environmentMatch the following terms to the appropriate statement. Some terms may be used more than once, and some terms may not be used at all. a. A management system that focuses on maintaining lean inventories while producing products as needed by the customer. b. A philosophy designed to integrate all organizational areas in order to provide customers with superior products and services while meeting organizational objectives. c. Integrates all of a company’s functions, departments, and data into a single system. d. Adopted by firms to conduct business on the Internet.In which areas of an organizations value chain can important business sustainability risks or opportunities arise? I. Research Development II. Customer Service III. Manufacturing IV. Warehousing Distribution a. I only b. II only c. III only d. II and IV e. I, II, III, and IV
- Which of the following does not describe a management control system? A. establishes a companys strategic goals B. implements a companys strategic goals C. monitors a companys strategic goals D. a system that only measures profitabilityA key advantage of a decentralized organization is _________. A. increased administrative costs B. quicker decisions and response time C. the ease of aligning segment and company goals D. duplication of effortsComponents of the organization that are demotivating for purposes of performance management are known as ______. A. business goals B. strategic plans C. uncontrollable factors D. incentives
- 1. SWOT analysis is typically used to identify opportunities for success in the context of threats and clarify directions and choices. TRUE FALSE 2. The main strategy that can be derived from SWOT analysis is the matching/development of the organization's strengths with identified market opportunities/threats. TRUE FALSE 3. The primary purpose of value chain analysis is to evaluate how well support activities contribute to the company's value chain. TRUE FALSEWhich of the following statements doesn't describe the organizational strategies: Select one: O a. Tactics that managers use to work toward the organisational vision O b. Contain organisation structure, financial structure, and long-term resource allocation strategies O c. Long term in nature O d. Short term in nature1.General Environment Analysis Tables a. List the Opportunities and Threats identified through General Environmental Analyses - Developed and Developing. b. Prepare two General Environment Tables (Developed and Developing) c. Identify the Best Target Market Segments from a Growth, Revenue and Profitability perspective. d. Provide a Prioritization and Summary Analysis of the Key Opportunities and Threats relative to your company from each GE Table 2. Industry/Competitor Dynamics and Trends a. Explain the Predominant Industry Dynamics - you need to identify and explain what is going on in the industry relative to: a) the Predominant Strategies at all levels (Grand, Business Level, Miles and Snow, Competitive..., b) Industry Life Cycle, c) BCG, d) Sub (also called Alternative) Strategies primarily used, e) International vs Domestic Activity, f) Developed vs. Developing, g) Product Portfolios (Breadth, Depth, Mix), h) Placement, g) Pricing, and h) Promotions b. Identify, analyze, and…
- 1.Which of the following statements is not correct about ESG? a.A mature ESG presence helps companies identify and tap into new markets, reach underserved customer bases, and innovate new products and services. b.A mature ESG presence leads to cost savings by reducing operating costs associated with material inputs (like water, energy from fossil fuels, soil). c.ESG information is used to understand enterprise risk management. d.ESG is about avoiding investment in companies that do not share one’s values. 2.What is a stakeholder? (Select all that apply) a.Someone who does construction staking for new building design plans b.An employee of a company c.A customer d.Someone who owns a “stake” in a company 3.What does a materiality assessment do? a.Assess what types of materials a company needs to create a product. b.Assess what ESG issues are most important to the long-term success of the business and most important to stakeholders. c.Assess a company’s marketing…The COSO Enterprise Risk Management Framework ___ A. stresses that effective risk management is comprised of just three interrelated components: internal environment, risk assessment, and control activities. B. helps management manage uncertainty, and its associated risk and opportunity, so they can create and maintain value. C. helps management set risk management policies that, if enforced, guarantee achievement of corporate objectives. D.Q.Is there a cause-and-effect linkage between improvements in the measures in the internal-businessprocess perspective and the measure in the customer perspective? That is, would you add other measures to the internal-business-process perspective or the customer perspective? Why or why not? Explain briefly.
