Question :
81.With a(n) _____ strategy, a company attempts to focus what : 1243173
81.With a(n) _____ strategy, a company attempts to focus on what it does best within its established markets and can be thought of as “sticking to its knitting.”
A.concentration
B.retrenchment
C.benchmarking
D.divestment
E.downsizing
82.Gemco Inc., a high-end luxury jewelry manufacturer, has training programs to ensure that its current employees always design and manufacture jewelry in keeping with its high quality standards. Which of the following directional strategies has Gemco adopted?
A.Concentration
B.Liquidation
C.Benchmarking
D.Rightsizing
E.Divestment
83.Strategies focusing on market development, product development, innovation, or joint ventures make up the _____ strategy of an organization.
A.retrenchment
B.internal growth
C.divestment
D.liquidation
E.benchmarking
84.Companies attempting to integrate vertically or horizontally or to diversify exhibit a(n) _____ strategy.
A.external growth
B.divestment
C.concentration
D.liquidation
E.internal growth
85.Which type of strategy attempts to expand a company’s resources or to strengthen its market position through acquiring or creating new businesses?
A.Internal growth strategy
B.Retrenchment strategy
C.External growth strategy
D.Divestment strategy
E.Concentration strategy
86.Which of the following is a strategy made up of retrenchment and liquidation?
A.Divestment strategy
B.Concentration strategy
C.Internal growth strategy
D.External growth strategy
E.Diversification strategy
87.Tokyo Electronics is facing financial difficulties mainly due to losses incurred by its gaming division. As a consequence, it has decided to shut down operations of this division. Which of the following strategies has Tokyo electronics adopted?
A.Concentration strategy
B.Internal growth strategy
C.External growth strategy
D.Divestment strategy
E.Diversification strategy
88.Which of the following is a challenge of downsizing?
A.It becomes difficult to change an organization’s culture after downsizing.
B.It fails to force employees to cooperate with management.
C.It restricts organizations from developing new and positive relationships.
D.It is difficult to boost the morale of employees who remain after downsizing.
E.It is not an effective strategy if an organization wants to make way for fresh ideas.
89.Which of the following statements is true of intended and emergent strategies?
A.The new focus on strategic human resource management has tended to focus primarily on emergent strategies.
B.Intended strategies and emergent strategies are very similar to each other in the way they are developed.
C.Intended strategies are the result of the rational decision-making process used by top managers as they develop a strategic plan.
D.Emergent strategies can be thought of as what organizations intend to do as opposed to what they actually do.
E.Most emergent strategies are identified by those who are at the top of the organizational hierarchy.
90.A company where employees are in a constant state of assimilating knowledge through monitoring the environment, making decisions, and flexibly restructuring the company to compete in that environment is known as a(n) _____ organization.
A.legacy
B.learning
C.downsized
D.traditional
E.transactional
