Question 1

Strategy as a pattern in a stream of activity can be interpreted as:

Accepted Answer

A)   Recurring aspects of an individual or organization's activity
B)   A workflow schematic
C)   Strategic milestones
D)   Weekly communicated strategy

Question 2

Which of the following are stakeholders in the organization?

Accepted Answer

A)   Investors
B)   Local community
C)   Competitors in separate markets
D)   Employees A,B,D

Question 3

Business Strategy is the way an organization:

Accepted Answer

A)   gains advantage in geographical areas or sectors
B)   generates revenue
C)   wins market share
D)   applies strategy to the leadership of the organization

Question 4

Interpretations of what strategy is differ in the literature. How many high level points of agreement do Mintzberg et al. (2009:15)  identify?

Accepted Answer

A)   7
B)   4
C)   8
D)   3

Question 5

Pioneers in establishing the use of the strategy concept in management practice are:

Accepted Answer

A)   Alfred Chandler
B)   Kenneth Andrews
C)   Ronald Coase
D)   Michael Porter
E)   Igor Ansoff

Question 6

Functional Strategy is about:

Accepted Answer

A)   how to operate
B)   how to plan
C)   how to allocate resources
D)   how to communicate

Question 7

Corporate Strategy considers:

Accepted Answer

A)   where to operate and the scope of the firm
B)   the ownership structure of the firm
C)   the corporate identity of the firm
D)   the corporate responsibility of the firm A

Question 8

Organizational performance is dependent on collaboration between divisions, business units, and teams

Accepted Answer

A) True 
 B)False  True

Question 9

Corporate strategy is the dominant focus when compared to business strategy and functional strategy.

Accepted Answer

A) True 
 B)False

Question 10

Strategy as plasticity can be interpreted as:

Accepted Answer

A)   A means to opportunistically handle or gain advantage from a situation
B)   Ongoing strategic renewal
C)   An emerging strategy
D)   A dynamic strategy

Exam 1: Interpreting Strategy

Strategy as a pattern in a stream of activity can be interpreted as:

Correct Answer
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Which of the following are stakeholders in the organization?

Correct Answer
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A,B,D

Business Strategy is the way an organization:

Correct Answer
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Interpretations of what strategy is differ in the literature. How many high level points of agreement do Mintzberg et al. (2009:15) identify?

Correct Answer
verified

Pioneers in establishing the use of the strategy concept in management practice are:

Correct Answer
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Functional Strategy is about:

Correct Answer
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Corporate Strategy considers:

Correct Answer
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A

Organizational performance is dependent on collaboration between divisions, business units, and teams

Correct Answer
verified
True

Corporate strategy is the dominant focus when compared to business strategy and functional strategy.

Correct Answer
verified

Strategy as plasticity can be interpreted as:

Correct Answer
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Exam 1: Interpreting Strategy

Strategy as a pattern in a stream of activity can be interpreted as:

Correct AnswerverifiedShow Answer

Which of the following are stakeholders in the organization?

Correct AnswerverifiedA,B,D

Business Strategy is the way an organization:

Correct AnswerverifiedShow Answer

Interpretations of what strategy is differ in the literature. How many high level points of agreement do Mintzberg et al. (2009:15) identify?

Correct AnswerverifiedShow Answer

Pioneers in establishing the use of the strategy concept in management practice are:

Correct AnswerverifiedShow Answer

Functional Strategy is about:

Correct AnswerverifiedShow Answer

Corporate Strategy considers:

Correct AnswerverifiedA

Organizational performance is dependent on collaboration between divisions, business units, and teams

Correct AnswerverifiedTrue

Corporate strategy is the dominant focus when compared to business strategy and functional strategy.

Correct AnswerverifiedShow Answer

Strategy as plasticity can be interpreted as:

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
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A,B,D

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
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A

Correct Answer
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True

Correct Answer
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Correct Answer
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