STR 581 Capstone Final Exam Part 3
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1. A(n) ________ market share of exactly 100 percent means that a company is tied for the market lead. A rise in relative market share means the company is gaining on its leading competitor. • potential • relative • served • overall 2. The typical risks of a cost leadership strategy include___________. • loss of customer loyalty • excessive differentiation to the point where the customer base is too small • the inability to balance high differentiation and low price • production and distribution processes becoming obsolete 3. The likelihood of entry of new competitors is affected by and ___________. • the power of existing suppliers; buyers • the profitability of the industry; the market share of its leading firm • barriers to entry; expected retaliation of current industry organizations • the demand for the product; the profitability of the competitors 4. In general, compared with firms which compete in only one market, among firms which face one another in multiple markets there is__________. • similar competitive rivalry • more competitive rivalry • less competitive rivalry • no competitive rivalry 5. The three parts of the external environment which affect a firm's strategic actions are__________. • economic, political, and legal • industry, business, and product • local, national, and global • general, industry, and competitor 6.
The proper matching of what a firm can do with what a firm might do__________. • balances the internal characteristics of the firm with the characteristics of the external environment • overcomes the rigidity and inertia resulting from a history of success • develops core competencies based on human knowledge • yields insights the firm requires to select its strategy 7. Gordon Jones is considering purchasing a computer from Best Buy. He has created a scale for rating eight different computers on three different characteristics. He plans to make a short list of only those computers that score at least a 7 on his scale on all three characteristics. Which of the following choice heuristics has he chosen? • anchoring and adjustment heuristic • elimination-by-aspects heuristic • conjunctive heuristic • lexicographic heuristic 8. The term "conglomerates" refers to firms using the diversification strategy. • related constrained • related linked • global • unrelated 9. The goal of the organization's ________ is to point the firm in the direction of where it would like to be in the years to come. • strategy • mission • culture • vision 10. A company that seeks to increase its sales and profits through backward, forward, or horizontal integration within the industry is said to be employing a(n) ________ growth strategy. • target • diversification • intensive • integrative 11. Annual-plan control requires making sure the company isn't overspending to achieve sales goals. The key ratio to watch is ___________. • stock turnover • marketing expense-to-sales • cash flow return on investment • gross margin 12. The recent joint ventures formed by BP with Russian and Indian partners showed the importance of the ________ segment of the general environment that BP and other integrated oil firms have to manage when contending with scarce resources. • physical • demographic • global • political/legal 13. Many consumers are willing to pay $100 for a perfume that contains $10 worth
of scent because the perfume is from a well-known brand. What kind of pricing is the company depending on? • image pricing • marketskimming pricing • target pricing • going-rate pricing 14. Hilton Hotels customizes rooms and lobbies according to location. Northeastern hotels are sleeker and more cosmopolitan. Southwestern hotels are more rustic. This is an example of ________ segmentation. • psychographic • geographic • demographic • behavioral 15. A group of college graduates decides to start a business. Though they are knowledgeable in various business domains, they are unable to arrive at a valuable business idea. They decide to search for ideas in a structured manner. They meet and start discussing everyone's ideas. Each idea is recorded and then the thoughts that come up in relation to the ideas are written down and discussed. This process helps them to finalize a business plan. What technique is used here? • mind mapping • attribute listing • forced relationship analysis • reverse assumption analysis 16. The Enron employee who reported the financial manipulations at the company to her superiors can be considered to have engaged in__________. • managerial opportunism • an act of courage • vindictive disloyalty • white-collar crime 17. The differentiation strategy can be effective in controlling the power of rivalry with existing competitors in an industry because__________. • customers are loyal to brands that are differentiated in meaningful ways • customers will seek out the lowestcost product • the differentiation strategy benefits from rivalry because it forces the firm to innovate • customers of nondifferentiated products are sensitive to price increases 18. A well-known car manufacturing company introduces a new hatchback model by describing its distinctive features and then stressing the speed and safety qualities of the car. Which of the following is the company using to convey its membership in the hatchback segment? • relying on the
product descriptor • using channel differentiation • announcing category benefits • comparing to exemplars 19. AT&T's business campaign not only helped to change public perceptions of the company, it also signaled to employees that AT&T was determined to be a leader in telecommunication services. Which principle of internal branding does this example portray? • bringing the brand alive for employees • linking internal and external marketing • choosing the right moment to capture employees' attention and imagination • furnishing energizing and informative internal communication 20. The strategic management process is__________. • the full set of commitments, decisions, and actions required for the firm to achieve above-average returns and strategic competitiveness • a decision-making activity concerned with a firm's internal resources, capabilities, and competencies, independent of the conditions in its external environment • a process directed by top-management with input from other stakeholders that seeks to achieve above- average returns for investors through effective use of the organization's resources • a set of activities that will assure a sustainable competitive advantage and above-average returns for the firm 21. The first step in the social marketing planning process is ________. • designing the market offering • determining the focus of the program • setting objectives and goals • selecting the target audience 22. Moving into international markets is a particularly attractive strategy to firms whose domestic markets__________. • have too much regulation • demand a differentiation strategy for success • are limited in opportunities for growth • have developed unfriendly business attitudes toward the industry 23. Aisha is a marketing manager with Injoos, a company that manufactures packaged fruit juices. Knowing that several other companies exist in the market that offer similar products, Aisha decides to build a customer base from among those who prefer to avoid mass
media and other targeted promotions. Which of the following marketing communications tools would be her best option to build a favorable impression among the prospective customers? • direct marketing • sales promotions • personal selling • public relations 24. Viewing the world through the customer's eyes and constantly seeking ways to create more value for the company enhances__________. • affiliation with the customer • the richness of the relationship with the customer • the ability to identify the customer • the reach of the company toward the customer 25. Backward integration occurs when a company_________. • produces its own inputs • is divesting unrelated businesses • is concentrated in a single industry • owns its own source of distribution of outputs 26. Successful implementation of the differentiation strategy requires a structure that___________. • focuses on the finance function • is dominated by the operations function • has specialized jobs. • decentralizes decision making 27. Which of the following can a company do to reduce defection • Distinguish the causes of customer attrition and identify those that can be managed better. • Increase customer lifetime value by increasing the non-monetary costs of products. • Enhance the growth potential of existing customers through cross-selling and upselling. • Attract new customers to try out the company's products. 28. Southwest Airlines offers a Rapid Rewards program that allows customers to count flights they have taken toward free future flights. This is an example of a(n) ________. • club membership program • cross-selling program • activity-based costing program • value delivery system 29. Organizational structure__________. • specifies the firm's formal reporting relationships, procedures, controls, and authority and decision-making processes • specifies the firm's formal value proposition, the markets it will serve, and how the firm will
provide value in those markets • specifies the firm's control mechanisms, grievance procedures, reporting relationships, procedures, and authority over decision-making processes • specifies the firm's informal reporting relationships, procedures, controls, and authority and decision-making processes 30. ________ is a form of online word of mouth, or "word of mouse," that encourages consumers to pass along company-developed products and services or audio, video or written information to others online. • Viral marketing • Microsite marketing • Interstitial marketing • Guerrilla marketing =========================================== ====
STR 581 Entire Course + All Capstone Finals
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STR 581 Week 1 Individual Assignment Ethics Reflection Paper STR 581 Week 1 DQ 1 STR 581 Week 1 DQ 2 STR 581 Week 1 Knowledge Check STR 581 Week 2 Learning Team Activity (Innovation Strategy)
STR 581 Week 2 Individual Assignment Research Proposal STR 581 Week 2 Capstone Final Examination Part 1 STR 581 Week 2 DQ 1 STR 581 Week 2 DQ 2 STR 581 Week 2 Knowledge Check STR 581 Week 3 Individual Assignment External and Internal Environmental Analysis STR 581 Week 3 Learning Team Peer Evaluation STR 581 Week 3 Knowledge Check STR 581 Week 3 DQ 1 STR 581 Week 3 DQ 2 STR 581 Week 4 Individual Assignment Strategic Choice and Evaluation STR 581 Week 4 Learning Team Peer Evaluation STR 581 Week 4 Knowledge Check STR 581 Week 4 Capstone Final Examination Part 2 STR 581 Week 4 DQ 1 STR 581 Week 4 DQ 2 STR 581 Week 5 Individual Assignment Implementation, Strategic Controls, and Contingency Plans STR 581 Week 5 Learning Team Peer Evaluation STR 581 Week 5 Knowledge Check
STR 581 Week 5 DQ 1 STR 581 Week 5 DQ 2 STR 581 Week 6 Individual Assignment Strategic Plan and Presentation STR 581 Week 6 Learning Team Project Selection STR 581 Week 6 Capstone Final Examination Part 3 STR 581 Capstone Final Exam Part 3
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STR 581 Entire Course
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STR 581 Week 1 Individual Assignment Ethics Reflection Paper STR 581 Week 1 DQ 1 STR 581 Week 1 DQ 2 STR 581 Week 1 Knowledge Check
STR 581 Week 2 Learning Team Activity (Innovation Strategy) STR 581 Week 2 Individual Assignment Research Proposal STR 581 Week 2 DQ 1 STR 581 Week 2 DQ 2 STR 581 Week 2 Knowledge Check STR 581 Week 3 Individual Assignment External and Internal Environmental Analysis STR 581 Week 3 Learning Team Peer Evaluation STR 581 Week 3 Knowledge Check STR 581 Week 3 DQ 1 STR 581 Week 3 DQ 2 STR 581 Week 4 Individual Assignment Strategic Choice and Evaluation STR 581 Week 4 Learning Team Peer Evaluation STR 581 Week 4 Knowledge Check STR 581 Week 4 DQ 1 STR 581 Week 4 DQ 2 STR 581 Week 5 Individual Assignment Implementation, Strategic Controls, and Contingency Plans STR 581 Week 5 Learning Team Peer Evaluation STR 581 Week 5 Knowledge Check STR 581 Week 5 DQ 1
STR 581 Week 5 DQ 2 STR 581 Week 6 Individual Assignment Strategic Plan and Presentation STR 581 Week 6 Learning Team Project Selection
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STR 581 new Week 1 Knowledge Check
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1. For the past 28 years, ABC, Inc. has made a significant investment of time, money, and other resources to increase the literacy rate in adult Americans. This represents which of these principles of successful collaborative social initiatives?
2. According to stakeholder theory, in a survey of over 2000 directors from over 290 U.S. companies, which of these stakeholders was perceived to be least important?
3. Which law revised and strengthened auditing and account standards?
4.
Which of these is true about Sarbanes-Oxley Act of 2002?
5. the
A major consequence of the Sarbanes-Oxley Act of 2002 has been
6.
The most critical quality of ethical decision making is
7. Judging the appropriateness of a particular action based on a goal to provide the greatest good for the greatest number of people is what ethics approach?
8. Judging the appropriateness of a particular action based on equity, fairness, and impartiality in the distribution of rewards and costs among individuals and groups is what ethics approach used by managers?
9. A broadly framed but enduring statement of a firm’s intent is defined as the company
10. This statement of a company’s philosophy usually appears within the mission statement and specifies basic beliefs of a firm.
11. This statement presents the firm’s strategic intent that focuses the energies and resources of the company on achieving a desirable future.
12. The strategic decision makers in the firm are responsible for
13. The idea that businesses have a duty to serve society as well as the financial interest of stockholders is called
14. Which of the following strategic decision makers implement the overall strategy?
15. Which level of strategy uses a portfolio approach?
16. Of the three levels of strategy that are part of an organizations decision-making hierarchy, which level develops annual objectives and short-term strategies in such areas as production, operations,
and research and development, finance and accounting, marketing, and human relations?
17. The behavioral consequences of strategic management are similar to those of
18. What do strategic managers call a flow of information through interrelated stages of analysis toward the achievement of an aim?
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STR 581 new Week 2 Capstone Final Examination Part 1
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1. Because practical considerations make job tryouts for all candidates infeasible, it is necessary to __________ the relative level of job performance for each candidate on the basis of available information.
2. Some studies indicate the best approach for transformational change may have the chief executive officer create an atmosphere for change 3. Which of the following is a desirable strategy for managers aiming to reduce the negative consequences of rumors? 4. A project can be segmented into which of the following? 5. Which of the following is an element that addresses elimination of waste under lean production? 6. The Civil Rights Act of 1991 offered what for victims of unintentional discrimination? 7. Active listening requires: 8. Which of the following is ISO 14000 primarily concerned with? 9. Training that results in ______ is costly because of the cost of training (which proved to be useless) and the cost of hampered performance. 10. As a university student, your institution’s social principles and practices reflect on you, as a stakeholder, in the organization. Therefore, it is your right to question how these practices should be evaluated in relation to the social issues that the school is addressing. If your university provides job-share programs, builds a day-care facility, and only uses recycled paper, it could be said to be ________. 11. According to the job characteristics model, autonomy is defined as the degree to which 12. Which of the following is considered a major process flow structure? 13. An example of control criteria that can be used in any situation is ________.
14. What can affirmative action assist organizations in achieving that diversity initiatives cannot? 15. Adoration of a charismatic leader by followers can lead to 16. Which of the following is considered an organizational blueprint, which prescribes the quantity and time frame for when each end product will be assembled? 17. In performing a SWOT analysis, which of the following would be considered as a threat? 18. When an employee volunteers to run a canned food drive, this is an example of 19. Conflicts can be resolved by withdrawing from them or suppressing them. This conflict-management technique is known as ________. 20. Sam Meyers manages a telemarketing call center. He has 20 employees working for him who are displeased with the way he yells and threatens to terminate them for what they see as small issues. Which kind of power is Sam using to get the job done? 21. In _____, workers have been fired for refusing to quit smoking, for living with someone without being married, drinking a competitor’s product, motorcycling, and other legal activities outside of work. 22. Mary arrives at her new job. Before she can begin actually doing the work, she must complete a series of activities including role playing and virtual reality interactions. What type of training method does Mary’s new employer use? 23. Which of the following is one of Dr. Eli Goldratt’s rules of production scheduling for optimized production technology?
24. Deming’s PDCA (plan, do, check, and act) cycle underlies what inherent Six Sigma principle? 25.________ refers to an individual’s belief that he or she is capable of performing a task. 26.____________ is the biggest hurdle to overcome in a pay-forperformance plan. 27. In order to make their firm a learning organization, managers should 28. During the implementation of a project, which of the following should be the primary focus of a consulting firm? 29. The concept that some leadership attributes will work in some situations but not in others can be described by the 30. Which of the following statements is true with regard to the effectiveness of tactics?
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STR 581 new Week 2 Individual Assignment Research Proposal
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Write a proposal of no more than 750 words, outlining the research approach you will use for your Strategic Plan, due in Week 6. Include the following: How you intend to ensure the organization's vision, mission, and people strategies and values statements are aligned with the proposed strategic plan. Sources you expect to use to perform an external environmental analysis Sources you expect to use to perform an internal environmental analysis
Click the Assignment Files tab to submit your assignment.
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STR 581 new Week 2 Knowledge Check
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1. A firm’s external environment is divided into various subcategories that include 2. When managers consider the general availability of credit, the level of disposable income, and the propensity of people to spend, they are considering what factors? 3. This factor considers or provides creative adaptations that can suggest possibilities for new products or for improvements in existing products or in manufacturing and marketing techniques. 4. The quasi-science of anticipating environmental and competitive changes and estimating their importance to an organizations operation refers to 5. This term refers to the relationships among human beings and other living things and the air, soil, and water that supports them. 6. Economies of scale in an industry refers to 7. This term refers to descriptive characteristics that can be used to differentiate groups of present or potential customers.Bottom of Form 8. This information is used to explain or predict some aspect of customer behavior with regard to a product or service. Information such as usage rate, benefits sought, and brand loyalty can provide significant aid in the design of ore accurate and profitable strategies. 9. Because the quantity, quality, price, and accessibility of financial, human, and material resources are rarely ideal, assessment of suppliers and creditors is critical to an accurate evaluation of which of the firm’s external environments?
10. What Human Resource component within its operating environment is a major element of a firm’s ability to satisfy its personnel needs? 11. A firm’s access to needed personnel is affected primarily by four factors that include 12. This element of employment or labor represents the workers in their negotiations with employers through the process of collective bargaining. 13. The environment that is typically subject to much influence by the firm is 14. Which of these is a determinant of entry, according to Porter? 15. Which threat of entry creates a barrier by forcing entrants to spend heavily to overcome customer loyalty? 16. This group is considered powerful if it is not obliged to contend with other products for sale to the industry. 17. This is considered a collection of firms that offer similar products or services that customers perceive to be substitutable for one another.. 18. This environment in the strategic planning process comprises factors in the competitive situation that affect a firm’s success in acquiring needed resources or in profitably marketing its goods and services.
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STR 581 new Week 2 Learning Team Activity (Innovation Strategy)
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Write a paper of no more than 1,050 words that describes and evaluates an organization's innovation strategy. Use publicly available information, including Securities and Exchanges Commission filings. Choose an organization that is introducing new products or services. Select an organization according to the following criteria based on team member experience: Current employer Most recent or former employer Place of business patronized over a period of time and that members are familiar with
Format your paper consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.
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STR 581 new Week 3 Individual Assignment External and Internal Environmental
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Complete the external environmental scan for your organization. Perform an internal competitive environmental scan for your organization. Write a summary of no more than 1,400 words that does the following: Identifies and analyzes the most important external environmental factor in the remote, industry, and external operating environments Identifies and analyzes the most important internal strengths and weaknesses of your organization: include an assessment of the organization's resources Assesses the organization's competitive position and possibilities Analyzes the structure of the organization and how this affects organizational performance
Format your paper consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.
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STR 581 new Week 3 Knowledge Check
FOR MORE CLASSES VISIT www.str581help.com 1.The structure of a simple organization 2.This structure is one in which a set of relatively autonomous units are governed by a central corporate office but where each operation has its own functional specialists who provide products or services that are different from those of other operations. 3.This type of organizational structure combines the advantages of functional specialization with the advantages of product-project specialization. 4.Twenty-first-century corporations reflect 5.Today, global means
6.This type of organization or structure is one that identifies a set of business capabilities central to high-profitability operations and then builds a virtual organization around those capabilities. 7.These are arrangements between two or more companies in which they both contribute capabilities, resources, or expertise to a joint undertaking, usually with an identity of its own, with each firm giving up overall control in return for the potential to participate in and benefit from the relationship. 8. This is an organization structure most notable for its lack of structure wherein knowledge and getting it to the right place quickly is the key reason for the organization. 9. One of the limitations of the SWOT analysis is that it can be 10.One of the limitations of SWOT analysis is that it can do this to a single strength or element of strategy. 11.Value chain analysis takes a 12. Which of the following is an example of a primary activity in the typical firm? 13. In VCA, which method of cost accounting is preferred? 14. This is an internal analysis technique wherein strategists examine customers’ needs, company offerings, and competitors’ offerings to more clearly articulate what their company’s competitive advantage is and how it differs from those of competitors. 15. The first step of this type of analysis involves a firm determining what their customers value and why they value it. 16. Once a hypothesis about competitive advantage has been developed by a firm through three circles analysis, it should be tested by
17. This is a method of comparing the way a company performs a specific activity with a competitor, potential competitor, or company doing the same thing. 18. Companies committed to this process attempt to isolate and identify where their costs or outcomes are out of line with what they identify as the best practices of competitors or other companies or organizations that undertake similar tasks.
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STR 581 new Week 3 Learning Team Peer Evaluation
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Share drafts of the External and Internal Environmental Analysis assignment with all team members. Provide feedback to be incorporated into each member's paper. Write a synopsis of no more than 350 words summarizing the team's discussion.
Click the Assignment Files tab to submit your assignment. =========================================== ====
STR 581 new Week 4 Capstone Final Examination Part 2
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1. Internal reports that review the actual impact of decisions are prepared by: 2. Horizontal analysis is also known as: 3. Which of the following is an advantage of corporations relative to partnerships and sole proprietorships? 4. Serox stock was selling for $20 two years ago. The stock sold for $25 one year ago, and it is currently selling for $28. Serox pays a $1.10 dividend per year. What was the rate of return for owning Serox in the most recent year? (Round to the nearest percent.) 5. External financing needed: Jockey Company has total assets worth $4,417,665. At year-end it will have net income of $2,771,342 and pay
out 60 percent as dividends. If the firm wants no external financing, what is the growth rate it can support? 6. An unrealistic budget is more likely to result when it: 7. Which of the following financial statements is concerned with the company at a point in time? 8. Next year Jenkins Traders will pay a dividend of $3.00. It expects to increase its dividend by $0.25 in each of the following three years. If their required rate of return if 14 percent, what is the present value of their dividends over the next four years? 9. An activity that has a direct cause-effect relationship with the resources consumed is a(n): 10. The major element in budgetary control is: 11. Tule Time Comics is considering a new show that will generate annual cash flows of $100,000 into the infinite future. If the initial outlay for such a production is $1,500,000 and the appropriate discount rate is 6 percent for the cash flows, then what is the profitability index for the project? 12. How firms estimate their cost of capital: The WACC for a firm is 13.00 percent. You know that the firm’s cost of debt capital is 10 percent and the cost of equity capital is 20% What proportion of the firm is financed with debt? 13. The most important information needed to determine if companies can pay their current obligations is the: 14. Process costing is used when: 15. A cost which remains constant per unit at various levels of activity is a:
16.The group of users of accounting information charged with achieving the goals of the business is its: 17. Teakap, Inc. has current assets of $1,456,312 and total assets of $4,812,369 for the year ending September 30, 2006. It also has current liabilities of $1,041,012, common equity of $1,500,000 and retained earnings of $1,468,347. How much long-term debt does the firm have? 18. The cash conversion cycle? 19. Ajax Corp. is expecting the following cash flows – $79,000, $112,000, $164,000, $84,000, and $242,000 – over the next five years. If the company’s opportunity cost is 15 percent, what is the present value of these cash flows? (Round to the nearest dollar.) 20. Jack Robbins is saving for a new car. He needs to have $21,000 for the car in three years. How much will he have to invest today in an account paying 8 percent annually to achieve his target? (Round to nearest dollar) 21. Which of the following presents a summary of changes in a firm’s balance sheet from the beginning of an accounting period to the end of that accounting period? 22. M&M Proposition 1: Dynamo Corp. produces annual cash flows of $150 and is expected to exist forever. The company is currently financed with 75 percent equity and 25 percent debt. Your analysis tells you that the appropriate discount rates are 10 percent for the cash flows, and 7 percent for the debt. You currently own 10 percent of the stock. If Dynamo wishes to change its capital structure from 75 percent equity to 60 percent equity and use the debt proceeds to pay a special dividend to shareholders, how much debt should they use?
23. Horizontal analysis is a technique for evaluating a series of financial statement data over a period of time: 24. JayadevAthreya has started his first job. He will invest $5,000 at the end of each year for the next 45 years in a fund that will earn a return of 10 percent. How much will Jayadev have at the end of 45 years? 25. Turnbull Corp. had an EBIT of $247 million in the last fiscal year. Its depreciation and amortization expenses amounted to $84 million. The firm has 135 million shares outstanding and a share price of $12.80. A competing firm that is very similar to Turnbull has an enterprise value/EBITDA multiple of 5.40. What is the enterprise value of Turnbull Corp.? Round to the nearest million dollars. 26. Firms that achieve higher growth rates without seeking external financing: 27. In a process cost system, product costs are summarized: 28. The convention of consistency refers to consistent use of accounting principles: 29. If a company’s weighted average cost of capital is less than the required return on equity, then the firm: 30. Your firm has an equity multiplier of 2.47. What is the debt-toequity ratio? 31. The accumulation of accounting data on the basis of the individual manager who has the authority to make day-to-day decisions about activities in an area is called: 32. Regatta, Inc., has six-year bonds outstanding that pay a 8.25 percent coupon rate. Investors buying the bond today can expect to earn a yield
to maturity of 6.875 percent. What should the company’s bonds be priced at today? Assume annual coupon payments. (Round to the nearest dollar.) 34. The break-even point is where: 35. When a company assigns the costs of direct materials, direct labor, and both variable and fixed manufacturing overhead to products, that company is using: 36. Which of the following is considered a hybrid organizational form? 37. Gateway, Corp. has an inventory turnover of 5.6. What is the firm’s days’s sales in inventory? 38. The process of evaluating financial data that change under alternative courses of action is called: 39. What decision criteria should managers use in selecting projects when there is not enough capital to invest in all available positive NPV projects?
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STR 581 new Week 4 Individual Assignment Strategic Choice and Evaluation
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Write a paper of no more than 1,400 words that evaluates alternatives an organization must consider to realize growth. Identify the best value discipline, generic strategy, and grand strategy for your organization. Recommend a strategy or combination of strategies the organization should implement. Format your paper consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. =========================================== ====
STR 581 new Week 4 Knowledge Check
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1.Firms that enjoy higher profit margins are using which of Michael Porter’s generic strategies? 2.Which of the following companies is a good example of a low-cost leader? 3.Firms that follow this type of generic strategy can sometimes have difficulties succeeding without compromising the key attributes of a company’s products or services. 4.Which of the following is a generic strategy developed by Michael Porter? 5.Striving to create and market unique products for varied customer groups is called 6.Which of the following is a value discipline? 7.Companies that pursue this value discipline strive to produce a continuous stream of state-of-the-art products and services. 8.Which of the grand strategies is typically lowest in risk? 9.The grand strategy in which the firm directs its resources to the profitable growth of a single product, in a single market and with a single technology is termed 10.What is it called when current products are marketed, often with only cosmetic changes, to customers in related market areas? 11.The acquisition of one or more businesses operating at the same stage of the production-marketing chain is an example of 12.If a textile producer acquires a shirt manufacturer, this is called 13.For the ABC Company, the Alpha business is in a dominant market share position in a mature market. As per the BCG matrix, Alpha is a
14.Which matrix makes fine distinctions among business portfolio positions with the inclusion of high/medium/low axes? 15.Which matrix involves a framework that can help ensure that businesses' strategies are consistent with strategies appropriate to their strategic environment? 16.Which of the following represents an operating opportunity to build value or sharing? 17.The most compelling reason companies should diversify can be found in situations when
18.The core competency must represent a major source of value to be a basis for competitive advantage. Furthermore, the core competency
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STR 581 new Week 4 Learning Team Peer Evaluation
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Share drafts of the Strategic Choice and Evaluation paper assignment with all team members. Provide feedback to be incorporated into each member's paper. Click the Assignment Files tab to submit your assignment. =========================================== ====
STR 581 new Week 5 Individual Assignment Implementation, Strategic Controls Plans
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Write a draft of no more than 1,800 words of the strategic plan for your organization, including the following:
Implementation plan Objectives Functional tactics Action items Milestones and a deadline Tasks and task ownership
Resource allocation Any required organizational change management strategies that would enhance successful implementation Key success factors, budget, and forecasted financials, including a break-even chart Risk management plan, including contingency plans for identified risks
Format your plan consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.
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STR 581 new Week 5 Knowledge Check
FOR MORE CLASSES VISIT www.str581help.com 1.This is concerned with tracking a strategy as it is being implemented, detecting problems or changes in its underlying premises, and making necessary adjustments.
2.Strategic surveillance must be kept 3.This, called kaizen in Japanese, is the process of relentlessly trying to find ways to improve and enhance a company's products and processes from design through assembly, sales, and service. 4.CCC21 stands for 5.The DMAIC (define, measure, analyze, improve, and control) process is relevant to 6.This idea factor involves following demographic and other broad trends and trying to develop ideas that may be relevant and useful. 7.While these may under perform established products in mainstream markets, they often offer features or capabilities appreciated by some fringe customer group. 8.These are also referred to as crowdsourcing or open innovation. 9.Short-term objectives are usually 10.Short-term objectives assist strategy implementation by identifying measurable outcomes of action plans or functional activities, which can make feedback, correction, and evaluation 11.Discussion about and agreement on short-term objectives help raise issues and potential conflicts within an organization that usually 12.Key, routine activities that must be undertaken in each department of the organization are 13.In which type of strategy do functional tactics translate into action designed to accomplish specific short-term objectives? 14.A leader’s vision should be
15.The effort to familiarize future leaders with the skills important to the company and to develop exceptional leaders among the managers you employ is 16.Organizational culture includes important assumptions shared by members of the organization. These assumptions are often 17.Power Fund is a long-standing brokerage firm with a great history of high returns and well-managed growth. The managers at Power Fund repeatedly refer to terms like quality, growth, and reliability in the firm's advertisements. This demonstrates managers' 18.These create differences across national boundaries that influence how people interact, read personal cues, and otherwise interrelate socially.
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STR 581 new Week 5 Learning Team Peer Evaluation
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Share drafts of the Implementation, Strategic Controls, and Contingency Plans assignment with all team members.
Provide feedback to be incorporated into each member's paper. Click the Assignment Files tab to submit your assignment. =========================================== ====
STR 581 new Week 6 Individual Assignment Strategic Plan and Presentation
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Resource: Implementation, Strategic Controls, and Contingency Plans assignment with facilitator feedback Complete a strategic plan for your organization of no more than 3,500 words. Update your plan to incorporate facilitator feedback from the drafts you submitted in previous weeks. Include the following:  
Table of contents Executive summary, with a 2-page maximum
Company background, organizational mission, vision, and value statements Note. For a start-up, you should focus on the backgrounds and accomplishments of key anticipated management personnel. The goal is to convince the investor that these individuals are trustworthy and successful. Environmental scan Review of Week 4 strategies and a recommendation for the best strategy for your organization Implementation plan including contingency plans for identified risks
Prepare a Microsoft® PowerPoint® presentation of no more than 10 slides with speaker notes. Your audience will play the board of directors or a venture capital firm. The focus is to sell your recommendations to the board or venture capital firm and obtain approval for funding your plan. Format your plan and presentation consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.
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STR 581 new Week 6 Learning Team Project Selection
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Resources: Strategic Plan and Presentation assignment from each team member Review all team members' Week 6 assignments. Discuss each project's strengths and weaknesses. Write an analysis of at least 750 words including the following:
Comparative analysis of the top 2 strategic plans Selection of one of the strategic plans Justification for the team's selection
Click the Assignment Files tab to submit your assignment.
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STR 581 Week 1 DQ 1
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www.str581help.com What are the major components of a strategic management process? Which of these components is the most difficult for managers to perform? Explain your answer. =========================================== ====
STR 581 Week 1 DQ 2
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Where have you seen organizational mission, vision, and values statements that were misleading? How did that affect the organization? =========================================== ====
STR 581 Week 1 Individual Assignment Ethics Reflection Paper
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Individual Assignment: Ethics Reflection Paper
• Resources: Ethics Awareness Inventory and Ethical Choices in the Workplace assessments • Use the Ethics Awareness Inventory and Ethical Choices in the Workplace assessments to revisit your personal and professional values. • Write a paper of no more than 1,050-words in which you do the following: o Explain the role of ethics and social responsibility in developing a strategic plan, considering stakeholder needs. o Explain how your ethical perspective has evolved throughout the program. • Format your paper according to APA standards. Provide at least three cited references from your textbooks or peer-reviewed journal articles.
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STR 581 Week 2 DQ 1
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How would you determine if a strategy has created value and sustained competitive advantage for Kudler Fine Foods?
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STR 581 Week 2 DQ 2
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Locate an organization in the news and explain how it is trying to create value and competitive advantage in its sector.
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STR 581 Week 3 DQ 1
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Through your research, select two of the strategic plan options that could apply to Kudler Fine Foods. What are the strengths and weaknesses of each option? How does each of the two choices fit with the organization?
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STR 581 Week 3 DQ 2
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When facing a choice between strategic plans of similar value, how would you determine which strategic plan to incorporate?
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STR 581 Week 3 Individual Assignment Mini Strategy (Southwest Airlines)
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Create a 12- to 15-slide Microsoft® PowerPoint® presentation for a Mini-Strategy using the Mini-Strategy Outline. Include the following in your outline: • Evaluate the organization's vision statement. • Discuss the organization's current goals and objectives. • Assess the organization's current status. o Leadership o Board members o Structure oNumber of employees • Conduct a basic SWOT analysis including the implications of the environment on a global organization. • Report recent financial results including annual revenues, annual after tax earnings, and year end stock prices. Obtain results for the last 5 years. • Perform competitor benchmarking. • Develop strategic recommendations that are designed to realize growth. • Create a profile of the current CEO including the following: o Background and accomplishments o Education and educational experiences o Length of time in the current position o Major career accomplishments o Leadership and management styles o Vision for the company o Innovative accomplishments Format your presentation according to APA guidelines. Click the Assignment Files tab to submit your assignment. =========================================== ====
STR 581 Week 4 DQ 1
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Recall how you determined if you created value and sustained competitive advantage for Kudler Fine Foods. While implementing this strategy, what factors would you monitor and evaluate to determine if you were successful? Why would monitoring and evaluating these factors be important?
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STR 581 Week 4 DQ 2
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Which of the following considerations are most often neglected when implementing a strategy; structural, leadership, or cultural? Defend your position. =========================================== ====
STR 581 Week 5 DQ 1
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Although objectives, functional tactics, and action items are included in many implementation plans, why do some organizations have a difficult time reflecting the plan they create? =========================================== ====
STR 581 Week 5 DQ 2.
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What problems have you faced when creating your implementation plan? In your experience, where do risk management plans fall short?
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STR 581 Week 5 Individual Assignment Mini Strategy (Sony Corp)
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Create a 12- to 15-slide Microsoft® PowerPoint® presentation for a Mini-Strategy using the Mini-Strategy Outline. Include the following in your outline: • Evaluate the organization's vision statement. • Discuss the organization's current goals and objectives. • Assess the organization's current status: o Leadership o Board members o Structure o Number of employees • Conduct a basic SWOT analysis including the implications of the environment on a global organization. • Report the most recent financial results including annual revenues, annual after tax earnings, and year end stock prices. • Perform competitor benchmarking. • Develop strategic recommendations to the board of directors including rationale. o Evaluate the potential generic strategies being considered. o Assess the potential value disciplines being considered for the organization. o Evaluate the potential grand strategies for the
organization. o Assess potential global strategies for the organization. • Create a profile of the current CEO including the following: o Background and accomplishments o Education and educational experiences o Length of time in the current position oMajor career accomplishments o Leadership and management styles o Vision for the company o Innovative accomplishments Format your presentation according to APA guidelines. Click the Assignment Files tab to submit your assignment as a Microsoft® Word document. =========================================== ====
STR 581 Week 5 Individual Assignment Mini Strategy (Under Armour)
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Create a 12- to 15-slide Microsoft® PowerPoint® presentation for a Mini-Strategy using the Mini-Strategy Outline. Include the following in your outline: • Evaluate the organization's vision statement. • Discuss the organization's current goals and objectives. • Assess the organization's current status: o Leadership o Board members o Structure o Number of employees • Conduct a basic SWOT analysis including the implications of the environment on
a global organization. • Report the most recent financial results including annual revenues, annual after tax earnings, and year end stock prices. • Perform competitor benchmarking. • Develop strategic recommendations to the board of directors including rationale. o Evaluate the potential generic strategies being considered. o Assess the potential value disciplines being considered for the organization. o Evaluate the potential grand strategies for the organization. o Assess potential global strategies for the organization. • Create a profile of the current CEO including the following: o Background and accomplishments o Education and educational experiences o Length of time in the current position oMajor career accomplishments o Leadership and management styles o Vision for the company o Innovative accomplishments Format your presentation according to APA guidelines. Click the Assignment Files tab to submit your assignment as a Microsoft® Word document. =========================================== ====