اداره شابتر 4 بارت 3

In ________ integration, the organization gains control of its outputs by becoming its own distributor.

• diversified

• concentrated

• backward vertical

• forward vertical

An organization that is diversifying its product line is exhibiting what type of corporate strategy?

• Turnaround strategy

• Retrenchment strategy

• Growth strategy

• Diversification strategy

. ________ takes place when a company combines with other companies in different, but associated, industries.

• Stabilized diversification

• Horizontal integration

• Vertical integration

• Related diversification

________ strategies address declining performance through retrenchment and turnaround strategies.

• Renewal

• Stability

• Growth

• Functional

A ________ strategy is used to deal with minor performance problems. It helps an organization stabilize operations, revitalize organizational resources and capabilities, and prepare to compete once again

• turnaround

• stability

• renewal

• retrenchment

Which one of the following provides a framework for understanding diverse businesses and helps managers establish priorities for allocating resources?

• A differentiation matrix

• A competitive strategy

• A corporate portfolio matrix

• A business unit matrix

A ________ describes how a business will compete in its primary market

• mission statement

• corporate strategy

• competitive advantage

• competitive strategy

A firm's ________ strategy is an organizational strategy for how it will compete in its primary or main market.

• primary

• competitive

• market

• concentration

Which of the following is a competitive force under the five forces model?

• Past rivalry with competitors

• Bargaining power of distributors

• Vertical integration

• Threat of new entrants

A firm that is '"stuck in the middle'" cannot develop ________.

• a cost or differentiation advantage

• a functional strategy

• a leadership strategy

• a competitive advantage