According to Porter, if an organization does not follow either a cost leadership strategy or a differentiation strategy they are: A. Hybrid B. Stuck in the middle C. Typical D. No frills

According to Porter, if an organization does not follow either a cost leadership strategy or
a differentiation strategy they are:
A. Hybrid
B. Stuck in the middle
C. Typical
D. No frills
by

1 Answer

Answer :

Stuck in the middle
by

Related questions

Porter's generic strategies are: A. Low price, differentiation, focus B. Cost leadership, differentiation, cost focus, focus differentiation C. Price leadership, differentiation, focus D. Low cost, differentiation, focus differentiation

Description : Porter's generic strategies are: A. Low price, differentiation, focus B. Cost leadership, differentiation, cost focus, focus differentiation C. Price leadership, differentiation, focus D. Low cost, differentiation, focus differentiation

Last Answer : Price leadership, differentiation, focus

According to the textbook, the most valuable framework to help managers better understand differences between national cultures was developed by ______________. A. Milton FriedmanB. Michael Porter C. Geert Hofstede D. Abraham Maslow

Description : According to the textbook, the most valuable framework to help managers better understand differences between national cultures was developed by ______________. A. Milton FriedmanB. Michael Porter C. Geert Hofstede D. Abraham Maslow

Last Answer : Geert Hofstede

According to Porter, dealing with the paradox of premature commitment versus not enough commitment involves some kind of: A. Trade-off B. Lock-in C. Lock-outD. Diversification

Description : According to Porter, dealing with the paradox of premature commitment versus not enough commitment involves some kind of: A. Trade-off B. Lock-in C. Lock-outD. Diversification

Last Answer : Lock-out

According to Porter, dealing with the paradox of premature commitment versus not enough commitment involves some kind of: A. Trade-off B. Lock-in C. Lock-outD. Diversification

Description : According to Porter, dealing with the paradox of premature commitment versus not enough commitment involves some kind of: A. Trade-off B. Lock-in C. Lock-outD. Diversification

Last Answer : Lock-out

An organization in which strategy development is characterized by internal political negotiation and self-interest is operating in which strategy-making mode? A. The transactive mode B. The muddling through mode C. The command modeD. The emotional mode

Description : An organization in which strategy development is characterized by internal political negotiation and self-interest is operating in which strategy-making mode? A. The transactive mode B. The muddling through mode C. The command modeD. The emotional mode

Last Answer : The command mode

An organization in which strategy development is characterized by internal political negotiation and self-interest is operating in which strategy-making mode? A. The transactive mode B. The muddling through mode C. The command modeD. The emotional mode

Description : An organization in which strategy development is characterized by internal political negotiation and self-interest is operating in which strategy-making mode? A. The transactive mode B. The muddling through mode C. The command modeD. The emotional mode

Last Answer : The command mode

Subsidiaries consider the regional environment for policy or Strategy formulation is known as _____. a. Polycentric Approach b. Regiocentric Approach c. Ethnocentric Approach d. Geocentric Approach

Description : Subsidiaries consider the regional environment for policy or Strategy formulation is known as _____. a. Polycentric Approach b. Regiocentric Approach c. Ethnocentric Approach d. Geocentric Approach

Last Answer : Regiocentric Approach

Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy

Description : Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy

Last Answer : Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures

Subsidiaries consider regional environment for policy / Strategy formulation is known as A. Polycentric Approach B. Regio centric Approach C. Ethnocentric Approach D. Geocentric Approach

Description : Subsidiaries consider regional environment for policy / Strategy formulation is known as A. Polycentric Approach B. Regio centric Approach C. Ethnocentric Approach D. Geocentric Approach

Last Answer : Polycentric Approach

Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy

Description : Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy

Last Answer : Relationships with national governments

The authors believe there are three tests that can be applied to judge whether a strategy is 'good'. These are: A. Fit, distinctiveness, sustainability B. Fit, internal resources, external environment C. Distinctiveness, internal resources, fit D. Sustainability, distinctiveness, external environment

Description : The authors believe there are three tests that can be applied to judge whether a strategy is 'good'. These are: A. Fit, distinctiveness, sustainability B. Fit, internal ... , external environment C. Distinctiveness, internal resources, fit D. Sustainability, distinctiveness, external environment

Last Answer : Fit, internal resources, external environment

When a firm seeks the benefits of global integration and local adaptation, it is best described as which type of strategy? A. Transnational B. Global C. Multi-national D. Global-local

Description : When a firm seeks the benefits of global integration and local adaptation, it is best described as which type of strategy? A. Transnational B. Global C. Multi-national D. Global-local

Last Answer : Transnational

Subsidiaries consider regional environment for policy / Strategy formulation is known as A. Polycentric Approach B. Regio centric Approach C. Ethnocentric Approach D. Geocentric Approach

Description : Subsidiaries consider regional environment for policy / Strategy formulation is known as A. Polycentric Approach B. Regio centric Approach C. Ethnocentric Approach D. Geocentric Approach

Last Answer : . Polycentric Approach

Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy

Description : Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy

Last Answer : Relationships with national governments

The authors believe there are three tests that can be applied to judge whether a strategy is 'good'. These are: A. Fit, distinctiveness, sustainability B. Fit, internal resources, external environment C. Distinctiveness, internal resources, fit D. Sustainability, distinctiveness, external environment

Description : The authors believe there are three tests that can be applied to judge whether a strategy is 'good'. These are: A. Fit, distinctiveness, sustainability B. Fit, internal ... , external environment C. Distinctiveness, internal resources, fit D. Sustainability, distinctiveness, external environment

Last Answer : Fit, internal resources, external environment

When a firm seeks the benefits of global integration and local adaptation, it is best described as which type of strategy? A. Transnational B. Global C. Multi-national D. Global-local

Description : When a firm seeks the benefits of global integration and local adaptation, it is best described as which type of strategy? A. Transnational B. Global C. Multi-national D. Global-local

Last Answer : Transnational

Which of the following statements is not true when describing a successful strategy? A. It provides some property that is unique or distinctive B. It provides the means for renewing competitive advantage C. It addresses changes in the external environment D. It guarantees long term survival

Description : Which of the following statements is not true when describing a successful strategy? A. It provides some property that is unique or distinctive B. It provides the means for renewing competitive advantage C. It addresses changes in the external environment D. It guarantees long term survival

Last Answer : It provides the means for renewing competitive advantage

If choice of project structure exists, first problem is to determine A. Kind of work B. Scope C. Strategy D. Complexity

Description : If choice of project structure exists, first problem is to determine A. Kind of work B. Scope C. Strategy D. Complexity

Last Answer : Kind of work

Different cultures sometimes vary in their attitudes to time. In cultures where people follow event time: A. It is important to turn up for meetings on time. B. Much time is devoted to having a chat over a coffee during the working day. C. People get irritated if meetings do not start on time. D. Where an event is running over time, people do not wait for it to finish before moving on to the next event.

Description : Different cultures sometimes vary in their attitudes to time. In cultures where people follow event time: A. It is important to turn up for meetings on time. B. Much time is devoted to having a chat ... running over time, people do not wait for it to finish before moving on to the next event.

Last Answer : Much time is devoted to having a chat over a coffee during the working day.

Different cultures sometimes vary in their attitudes to time. In cultures where people follow event time: A. It is important to turn up for meetings on time. B. Much time is devoted to having a chat over a coffee during the working day. C. People get irritated if meetings do not start on time. D. Where an event is running over time, people do not wait for it to finish before moving on to the next event.

Description : Different cultures sometimes vary in their attitudes to time. In cultures where people follow event time: A. It is important to turn up for meetings on time. B. Much time is devoted to having a chat ... running over time, people do not wait for it to finish before moving on to the next event.

Last Answer : Much time is devoted to having a chat over a coffee during the working day.

Kind of organization which have integrated worldwide corporate units in different countries is classified as A. alliance enterprise B. global enterprise C. interdependence enterprise D. multinational enterprise

Description : Kind of organization which have integrated worldwide corporate units in different countries is classified as A. alliance enterprise B. global enterprise C. interdependence enterprise D. multinational enterprise

Last Answer : global enterprise

In the case where an organization acquires its supplier, this is an example of: A. Horizontal integration B. Forwards vertical integration C. Backwards vertical integration D. Downstream vertical integration

Description : In the case where an organization acquires its supplier, this is an example of: A. Horizontal integration B. Forwards vertical integration C. Backwards vertical integration D. Downstream vertical integration

Last Answer : Downstream vertical integration

In the context of strategic management, stakeholders can be defined as: A. An individual or group with a financial stake in the organization B. An external individual or group that is able to impose constraints on the organization C. Internal groups or individuals that are able to influence strategic direction of the organization D. An individual or group with an interest in the organization's activities and who seeks to influence them

Description : In the context of strategic management, stakeholders can be defined as: A. An individual or group with a financial stake in the organization B. An external individual or group that is able to ... individual or group with an interest in the organization's activities and who seeks to influence them

Last Answer : Internal groups or individuals that are able to influence strategic direction of the organization

In the case where an organization acquires its supplier, this is an example of: A. Horizontal integration B. Forwards vertical integration C. Backwards vertical integration D. Downstream vertical integration

Description : In the case where an organization acquires its supplier, this is an example of: A. Horizontal integration B. Forwards vertical integration C. Backwards vertical integration D. Downstream vertical integration

Last Answer : Downstream vertical integration

In the context of strategic management, stakeholders can be defined as: A. An individual or group with a financial stake in the organization B. An external individual or group that is able to impose constraints on the organization C. Internal groups or individuals that are able to influence strategic direction of the organization D. An individual or group with an interest in the organization's activities and who seeks to influence them

Description : In the context of strategic management, stakeholders can be defined as: A. An individual or group with a financial stake in the organization B. An external individual or group that is able to ... individual or group with an interest in the organization's activities and who seeks to influence them

Last Answer : Internal groups or individuals that are able to influence strategic direction of the organization

In the context of strategic management resources can be defined as: A. The knowledge and skills within the organization B. Something that an organization owns or controls that cannot be copied C. Something that an organization owns, controls or has access to on a semipermanent basis D. The physical assets of the organization

Description : In the context of strategic management resources can be defined as: A. The knowledge and skills within the organization B. Something that an organization owns or controls that cannot be copied C. ... , controls or has access to on a semipermanent basis D. The physical assets of the organization

Last Answer : The physical assets of the organization

Holistic approach of total organization needs allows projects to be staffed and scheduled in order to A. Replace System Performance B. Minimize System Performance C. Maximize System Performance D. Optimize System Performance

Description : Holistic approach of total organization needs allows projects to be staffed and scheduled in order to A. Replace System Performance B. Minimize System Performance C. Maximize System Performance D. Optimize System Performance

Last Answer : Optimize System Performance

When there are several projects are executing simultaneously, matrix organization allows a better companywide A. Balance of resources B. Prioritized resources C. Balanced capital D. Unbalanced resources

Description : When there are several projects are executing simultaneously, matrix organization allows a better companywide A. Balance of resources B. Prioritized resources C. Balanced capital D. Unbalanced resources

Last Answer : Balance of resources

Type of organization which has operating units in some foreign countries is classified as A. alliance enterprise B. global enterprise C. interdependence enterprise D. multinational enterprise

Description : Type of organization which has operating units in some foreign countries is classified as A. alliance enterprise B. global enterprise C. interdependence enterprise D. multinational enterprise

Last Answer : multinational enterprise

Social class who rely on relatives for assistance in trouble times and economic support considered asA. upper middles B. working class C. middle class D. upper uppers

Description : Social class who rely on relatives for assistance in trouble times and economic support considered asA. upper middles B. working class C. middle class D. upper uppers

Last Answer : working class

Social class who rely on relatives for assistance in trouble times and economic support considered asA. upper middles B. working class C. middle class D. upper uppers

Description : Social class who rely on relatives for assistance in trouble times and economic support considered asA. upper middles B. working class C. middle class D. upper uppers

Last Answer : working class

According to brand personality traits, 'sophistication' is concluded as brand being A. reliable and intelligent B. daring and imaginative C. cheerful and wholesome98 D. charming and upper class

Description : According to brand personality traits, 'sophistication' is concluded as brand being A. reliable and intelligent B. daring and imaginative C. cheerful and wholesome98 D. charming and upper class

Last Answer : charming and upper class

According to brand personality traits, 'sophistication' is concluded as brand being A. reliable and intelligent B. daring and imaginative C. cheerful and wholesome98 D. charming and upper class

Description : According to brand personality traits, 'sophistication' is concluded as brand being A. reliable and intelligent B. daring and imaginative C. cheerful and wholesome98 D. charming and upper class

Last Answer : charming and upper class

According to Heckscher and Ohlin theory, what is considered in international Business? A. Difference in factor endowments B. Difference in markets C. Difference in technology D. Difference in ideology

Description : According to Heckscher and Ohlin theory, what is considered in international Business? A. Difference in factor endowments B. Difference in markets C. Difference in technology D. Difference in ideology

Last Answer : Difference in factor endowments

If Japan and Pakistan start free trade, cost of wages in two countries will A. Increase B. Decrease C. No effectD. Double

Description : If Japan and Pakistan start free trade, cost of wages in two countries will A. Increase B. Decrease C. No effectD. Double

Last Answer : Decrease

Which one of the following is not one of Porter's three generic strategies that lead to competitive advantage? A. Cost leadership B. Differentiation C. Evolution D. Focus

Description : Which one of the following is not one of Porter's three generic strategies that lead to competitive advantage? A. Cost leadership B. Differentiation C. Evolution D. Focus

Last Answer : Evolution

Which one of the following is not one of Porter's three generic strategies that lead to competitive advantage? A. Cost leadership B. Differentiation C. Evolution D. Focus

Description : Which one of the following is not one of Porter's three generic strategies that lead to competitive advantage? A. Cost leadership B. Differentiation C. Evolution D. Focus

Last Answer : Focus

Porter's three generic strategies that help firms achieve or maintain industry success include all of the following EXCEP T A)cost leadership B)differentiation C)focus D)competition

Description : Porter's three generic strategies that help firms achieve or maintain industry success include all of the following EXCEP T A)cost leadership B)differentiation C)focus D)competition

Last Answer : D)competition

Firm that operate internationally are able to A. earn a greater return from their skills and core competencies B. realize location economies where they can be performed most efficiently C. realize greater experience curve economies, which reduces the cost of production D. All the above

Description : Firm that operate internationally are able to A. earn a greater return from their skills and core competencies B. realize location economies where they can be performed most efficiently C. realize greater experience curve economies, which reduces the cost of production D. All the above

Last Answer : All the above

Which of the following is NOT a business opportunity generated by globalization? A. Access to low cost labour. B. Cheap International transport. C. Currency crises. D. Less stringent regulation of the business environment.

Description : Which of the following is NOT a business opportunity generated by globalization? A. Access to low cost labour. B. Cheap International transport. C. Currency crises. D. Less stringent regulation of the business environment.

Last Answer : Cheap International transport.

Two countries can gain from foreign trade if A. Cost ratios are differentB. Price ratios are different C. Tariff rates are different D. (a) and (b) above

Description : Two countries can gain from foreign trade if A. Cost ratios are differentB. Price ratios are different C. Tariff rates are different D. (a) and (b) above

Last Answer : (a) and (b) above

Trade between two countries can be useful if cost ratio of goods are A. Equal B. Different C. Undetermined D. Zero

Description : Trade between two countries can be useful if cost ratio of goods are A. Equal B. Different C. Undetermined D. Zero

Last Answer : Different

Which of the following is NOT a business opportunity generated by globalization? A. Access to low cost labour. B. Cheap International transport. C. Currency crises. D. Less stringent regulation of the business environment.

Description : Which of the following is NOT a business opportunity generated by globalization? A. Access to low cost labour. B. Cheap International transport. C. Currency crises. D. Less stringent regulation of the business environment.

Last Answer : Currency crises.

The internet facilitates globalization by: A. Making it more difficult to contact potential customers abroad. B. Cutting the cost for firms of communicating across borders. C. Making it harder to send money from one country to another. D. Making it easier for governments to censor the information received by their citizens from abroad.

Description : The internet facilitates globalization by: A. Making it more difficult to contact potential customers abroad. B. Cutting the cost for firms of communicating across borders. C. Making it harder to ... Making it easier for governments to censor the information received by their citizens from abroad.

Last Answer : Cutting the cost for firms of communicating across borders.

Nonverbal communication: A. Includes written communication B. Has no place in international business. C. Include body languages D. Should be learnt by business managers to communicate with foreigners.

Description : Nonverbal communication: A. Includes written communication B. Has no place in international business. C. Include body languages D. Should be learnt by business managers to communicate with foreigners.

Last Answer : Include body languages

A tariff: A. Increases the volume of trade B. Decreases the volume of trade C. Has no effect on the volume of trade D. Both (b) and (c)

Description : A tariff: A. Increases the volume of trade B. Decreases the volume of trade C. Has no effect on the volume of trade D. Both (b) and (c)

Last Answer : Decreases the volume of trade

Porter s model represents the relationship between _______. A. organizational and environment. B. society and environment. C. organization and society. D. society and industry.

Description : Porter s model represents the relationship between _______. A. organizational and environment. B. society and environment. C. organization and society. D. society and industry.

Last Answer : A. organizational and environment.

Dimension of culture which defines extent of people how they act as individuals instead of representing as groups is classified as A. orientation distance B. power distance C. individualism D. certainty avoidance

Description : Dimension of culture which defines extent of people how they act as individuals instead of representing as groups is classified as A. orientation distance B. power distance C. individualism D. certainty avoidance

Last Answer : individualism

Professional culture refers to A. Shared belief of top managers about how they should manage about themselves and their employees B. Shared code of ethics and other commonalities shared by members of a give group C. Both (a) and (c) D. None of the above

Description : Professional culture refers to A. Shared belief of top managers about how they should manage about themselves and their employees B. Shared code of ethics and other commonalities shared by members of a give group C. Both (a) and (c) D. None of the above

Last Answer : Shared code of ethics and other commonalities shared by members of a give group