Chapter 2 Strategy and
Effectiveness
Agree or
Disagree
Topic 2
Topic 3
Topic 4
10
10
10
10
20
20
20
20
30
30
30
30
Question 1 - 10
• A company’s strategic intent or direction
reflects managers’ systematic analysis of
organizational and environmental factors
• Agree or Disagree
Answer 1 – 10
• Agree
Question 1 - 20
• The best business strategy is to make products
and services as distinctive as possible to gain
an edge in the market place
• Agree or Disagree
Answer 1 – 20
• Disagree
Question 1 - 30
• The best measures of business performance
are financial
Answer 1 – 30
• Disagree
Question 2 - 10
• Top managers give directions to organizations
by setting ________ and developing
________for the organization.
Answer 2 – 10
• Goals and Plans
Question 2 - 20
• The _______ is an organization that mixes
value systems and behaviors that represent
two different sectors of society, which leads to
tensions and conflict.
Answer 2 – 20
• Hybrid organization
Question 2 - 30
• With a ___________ _________the
organization attempts to distinguish its
products or services from others in the
industry.
Answer 2 – 30
• Differentiation strategy
Question 3 - 10
• _______________is an organizations plan for
interacting with the competitive environment
to achieve organizational goals.
Answer 3 – 10
• strategy
Question 3 - 20
• _______________is the administration and
execution of the orgs strategic plan.
Answer 3 – 20
• Organizational design
Question 3 - 30
• What are the 3 aspects related to strategic
intent?
Answer 3 – 30
• mission, core competencies, and competitive
advantage
Question 4 - 10
• What sets the organization apart from others
and provides it with a distinctive edge for
meeting customer or client needs in the
marketplace.
Answer 4 – 10
• Competitive advantage
Question 4 - 20
• Concentrates internally on cost reduction and
efficency
Answer 4 – 20
• Low-cost leadership
Question 4 - 30
• What are the four parts to the Mile’s & Snow
strategy?
Answer 4 – 30
• Prospector Defender Analyzer Reactir