FAU MAN4720 quiz 3

Which of the following is not one of the generic types of strategy?

According to the author of Fix them or Fire them, many managers don’t give enough “love” and support to which type of employee?

The difference between a strategic alliance and a joint venture is

Which one of the below is not one of the main strategy options for entering foreign markets?

A producer of commodity steel should pursue which of the following generic strategies?

In the Situational Leadership II Model in Fix Them or Fire Them, which types of employees are among the easiest to transform their performance?

The most expensive business strategy to pursue is

A "no frills" hotel with location around the US is probably pursuing what generic strategy

The strategic reason for forward vertical integration is to:

Put these Maslow's heirarchy of needs in the correct order, starting wth needs that must be met first

Implementing an "absolute binary performance plan" will lead to which outcomes?

Outsourcing:

A focused low cost strategy competes by

The danger of relying on alliances and cooperative strategies is

The difference between a strategic alliance and a joint venture is

What sets focused (or market niche) strategies apart from low-cost leadership or broad differentiation strategies is:

Successful differentiation allows a firm to

Which type of collaborative strategy involves two companies creating a third, new company?

What are the three basic options that a company has for competing in multiple countries?

Performing value chain activities that were previously perfomed by suppliers is called

In which of the following instances is being a first-mover NOT particularly advantageous?

What is the final step in firing an employee, according to the script in Fix Them or Fire Them?

In the Situational Leadership II Model in Fix Them or Fire Them, what management style should a manager use with employees who are skilled, but not motivated to fully apply their skills?

An aquisition

A good example of vertical integration is:

The biggest risk of an Outsourcing strategy is that

The procedural steps that should be followed when firing an employee include which of the below

Performing industry value chain activities closer to the end user is called:

Which of below is NOT a reason mentioned in the text that companies choose to expand outside their domestic market?

The ways underperforming employees rationalize their performance include all of the followingexcept

A focused differentiation strategy competes

A low-cost leader's basis for competitive advantage is:

In an absolute binary performance plan, how long does the author of Fix Them or Fire Them recommend that the plan last?

A blue-ocean strategy:

The difference between a merger and an acquisition relates to:

If a manufacturer of ice cream that normally sells to wholesalers decides to create a fleet of trucks to sell ice cream on city streets, this is an example of: