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Chapter 2 Flashcards | StudBud
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Chapter 2
Chapter 2
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StudBud Administration
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Flashcards
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Questions
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Answers
1
A good mission statement usually emcompasses some principles, NOT including:
comprehensive descriptions
few long-term goals
competitive sphere
short and memorable
2
Carrefour makes its own brand of candies. It is an example of forward integration.
True
False
3
Airline companies often compete but cooperate with other airline companies. It is an example of ________.
strategic alliances
internationalization
market expansion
diversification
4
When Xerox claims "we improve office productivity" it shows their product orientation.
False
True
5
In the value chain analysis, which is NOT a primary activity?
IT
Logistics
Operations
Marketing
6
7-Eleven is a good example of reshaping business scope for maximizing core competences.
False
True
7
IKEA's new catalouge app (with AR) is an example of ______.
marketing innovation
product modification
pricing strategy
promotion deal
8
The BCG (Boston Consulting Group) matrix emphasizes market share and growth rate.
True
False
9
Three growth opportunities that help achieve desired sales do not includ:
intensive growth
divested growth
diversification growth
integrated growth
10
7-Eleven expands its operations in cafe and postal services. It is an example of ________.
diversification growth
integrated growth
intensive growth
divest and downsizing
11
Three ways of maximizing core competences, NOT including:
redefining business concepts
reevaluating new markets
repositioning business identities
reshaping business scopes
12
Zara expands its existing clothing lines for children's marekts. It is an example of ________.
diversification growth
intensive growth
downsizing
integrated growth
13
Marketing strategic alliances include all but ________.
promotion alliances
product alliances
logistics alliances
people alliances
14
Core competences primarily invovle with ________.
major business fields
resources and capabilities
marketing campaign
competitive advantages
15
A corporation's strategic planning typically involves four levels, NOT including:
business
product
geographic
corproate