McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Master of Business Administration (MBA) .
Chapters
| 51. |
The generic competitive strategies are |
| A. | Overall Cost Leadership |
| B. | Cost Focus |
| C. | Differentiation and Focused Differentiation |
| D. | All the above |
| Answer» D. All the above | |
| 52. |
What are core competences? |
| A. | Resources which critically underpin competitive advantage and that others cannot obtain. |
| B. | Activities and processes needed to meet customers' minimum requirements and therefore to continue to exist. |
| C. | Key skills required for success in a particular business. |
| D. | Activities that underpin competitive advantage and are difficult for competitors to imitate or obtain. |
| Answer» D. Activities that underpin competitive advantage and are difficult for competitors to imitate or obtain. | |
| 53. |
Synergy' can best be explained by which of the sums below? |
| A. | 2+2=5. |
| B. | 2+2=4. |
| C. | 2-2=1. |
| D. | 2-2=0. |
| Answer» A. 2+2=5. | |
| 54. |
What do you mean by the term “holding company” is: |
| A. | organization with a balanced portfolio of individual businesses |
| B. | decentralized organization with a small head office that organizes finance for the subsidiaries |
| C. | centralized organization with a small head office that helps subsidiaries develop and finance their strategies |
| D. | decentralized organization with a large head office that offers a broad range of advice and services to subsidiaries |
| Answer» B. decentralized organization with a small head office that organizes finance for the subsidiaries | |
| 55. |
A firm with a functional director for 6 areas with an area director for 3 functions. There, staff at each area will be reporting to 2 bosses. This firm has which type of structure? |
| A. | Project structure |
| B. | Matrix structure |
| C. | Divisionalized structure |
| D. | Front-back structure |
| Answer» B. Matrix structure | |
| 56. |
Organization structure that is a functional or divisional structure but at the same time also includes project teams for dealing with specific issues is called: |
| A. | An M-form structure |
| B. | A front-back structure |
| C. | A networked structure |
| D. | A hybrid structure |
| Answer» D. A hybrid structure | |
| 57. |
Organization whose structure is divided into two main parts - one dealing with product groups and one dealing with customer segments is called: |
| A. | A front-back structure |
| B. | A product-customer structure |
| C. | A back to back structure |
| D. | A matrix structure |
| Answer» A. A front-back structure | |
| 58. |
Choose the right sentence |
| A. | Organization's structure would be expected to evolve as it grew larger and more diverse |
| B. | Every organization starts out with a simple structure, then moves to a functional structure before becoming divisionalized |
| C. | Network structures are superior to functional ones |
| D. | Organizational performance will suffer if the structure is not stable |
| Answer» A. Organization's structure would be expected to evolve as it grew larger and more diverse | |
| 59. |
Format of reporting and for decision making relationships can be defined as the organizational: |
| A. | Span of control |
| B. | Architecture |
| C. | Hierarchy |
| D. | Chain of command |
| Answer» C. Hierarchy | |
| 60. |
Main component of Organization's architecture are structural hierarchy, values and belief systems, contracts and relationships and (two more): |
| A. | Control systems and ways of working |
| B. | Information infrastructure and power structures |
| C. | Control systems and power structures |
| D. | Control systems and information infrastructure |
| Answer» D. Control systems and information infrastructure | |
| 61. |
‘Vertical architecture' is the one which has: |
| A. | Has a tall hierarchy |
| B. | Has many layers of management |
| C. | Extends beyond the boundaries of legal ownership |
| D. | Is very bureaucratic |
| Answer» C. Extends beyond the boundaries of legal ownership | |
| 62. |
Five dimensions are used to judge Organizational structures and systems (ABCDE) to assess whether they are achieving an appropriate balance. These five dimensions are Autonomy, Bureaucracy, Cultural Control, Decentralization and: |
| A. | Equal Opportunities |
| B. | Economic Incentives |
| C. | Equality and Diversity |
| D. | Evidence of Learning |
| Answer» B. Economic Incentives | |
| 63. |
Those Organizations that are relatively good at developing some relevant capabilities to respond to a changing context are known as: |
| A. | Knowing organizations |
| B. | Stretch organizations |
| C. | Learning organizations |
| D. | Absorptive organizations |
| Answer» C. Learning organizations | |
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