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Homework answers / question archive / Course Management Concepts Started 5/11/14 11:14 AM Submitted 5/11/14 11:40 AM Status Completed Time Elapsed 25 minutes out of 2 hours

Course Management Concepts Started 5/11/14 11:14 AM Submitted 5/11/14 11:40 AM Status Completed Time Elapsed 25 minutes out of 2 hours

Business

Course

Management Concepts

Started

5/11/14 11:14 AM

Submitted

5/11/14 11:40 AM

Status

Completed

Time Elapsed

25 minutes out of 2 hours.

Question1)When Clorox Corporation, a manufacturer of bleach and bleach-based cleaning products, acquired Kingsford Charcoal and Prime Choice brand steak sauce; it was an example of ____.

 

 

   
 

 

     
 
 
     
  • Question 2

 

   
 

A sustainable competitive advantage exists for an organization when other companies have tried unsuccessfully to duplicate the advantage and ____.

 

     
 
 
     
  • Question 3

 

   
 

An organization is experiencing ____ when there is a discrepancy between upper management's intended strategy and the strategy actually implemented by the lower levels of management.

 

     
 
 
     
  • Question 4

 

   
 

From a competitive standpoint, ____ means that the strategic actions your company takes can probably be matched by your direct competitors.

 

     
 
 
     
  • Question 5

 

   
 

The first step in the strategy-making process is to ____.

 

     
 
 
     
  • Question 6

 

   
 

Imagine Dow Chemical is conducting a situational analysis. According to its sales, Dow is the second largest chemical company in the world. BASF is the largest. Both companies use a similar strategy. Within Dow's situational analysis, BASF would be classified as a ____.

 

     
 
 
     
  • Question 7

 

   
 

Significant cost reductions, layoffs of employees, closing of poorly performing stores, offices, or manufacturing plants, or closing or selling entire lines of products or services would be characteristic of a ____ strategy.

 

     
 
 
     
  • Question 8

 

   
 

_______ are the assets, capabilities, processes, information, and knowledge that an organization uses to improve its effectiveness and efficiency, to create and sustain competitive advantage, and to fulfill a need or solve a problem.

 

     
 
 
     
  • Question 9

 

   
 

A ____, also called a SWOT analysis for strengths, weaknesses, opportunities, and threats, is an assessment of the strengths and weaknesses in an organization's internal environment and the opportunities and threats in its external environment.

 

     
 
 
     
  • Question 10

 

   
 

McDonald's uses a ____ strategy (a kind of grand strategy) as it increases its profits in France by offering uniquely French products such as Croque McDo, the McDonald's version of a popular French grilled sandwich.

 

     
 
 
     
  • Question 11

 

   
 

The ____ is a portfolio strategy that managers use to categorize their corporation's businesses by growth rate and relative market share. This strategy helps them to decide how to invest corporate funds.

 

     
 
 
     
  • Question 12

 

   
 

The purpose of a ____ strategy is to turn around very poor company performance by shrinking the size or scope of the business.

 

     
 
 
     
  • Question 13

 

   
 

Glassmaker AFG Industries positions itself as the primary supplier of glass used in microwave doors, shower doors, and patio tables. What type of a positioning strategy does the glass manufacturer use?

 

     
 
 
     
  • Question 14

 

   
 

The ____ strategy is analogous to pruning flowers.

 

     
 
 
     
  • Question 15

 

   
 

An organization which is a ____ in terms of its adaptive strategy would NOT follow a consistent strategy.

 

     
 
 
     
  • Question 16

 

   
 

When incremental improvements are made to a dominant technological design such that the improved version of the technology is fully backward compatible with the older version, ____ is said to have occurred.

 

     
 
 
     
  • Question 17

 

   
 

The ____ approach to managing innovation assumes that innovation is a predictable process made up of a series of steps and that compressing the time it takes to complete those steps can speed up innovation.

 

     
 
 
     
  • Question 18

 

   
 

Which of the following is one of the sources of resistance to change?

 

     
 
 
     
  • Question 19

 

   
 

Which of the following is one of the three steps in the basic process of managing organizational change outlined by Kurt Lewin?

 

     
 
 
     
  • Question 20

 

   
 

____ are workplace cultures in which workers perceive that new ideas are welcomed, valued, and encouraged.

 

     
 
 
     
  • Question 21

 

   
 

Creativity was needed to improve efficiency without raising costs at one automobile maker. Over the last few years, the company has successfully implemented a creative engineering program that allows its plants to produce more than one type of car from the same assembly line. This successful change to a flexible manufacturing system is an example of ____.

 

     
 
 
     
  • Question 22

 

   
 

It is appropriate to use a(n) ____ approach to manage innovation in more certain environments during periods of incremental change, in which the goals are lower costs and incremental improvements in the performance and function of the existing technological design.

 

     
 
 
     
  • Question 23

 

   
 

What is the first step for managing innovation during discontinuous change?

 

     
 
 
     
  • Question 24

 

   
 

____ is the phase of a technology cycle characterized by technological substitution and design competition.

 

     
 
 
     
  • Question 25

 

   
 

____ forces support the status quo.

 

     
 
 
     
  • Question 26

 

   
 

When resistance to change is based on insufficient, incorrect, or misleading information, managers should use ____ as an approach to manage resistance.

 

     
 
 
     
  • Question 27

 

   
 

The goals of the compression approach to innovation are ____.

 

     
 
 
     
  • Question 28

 

   
 

The three steps in the basic process of managing organizational change outlined by Kurt Lewin are ____.

 

     
 
 
     
  • Question 29

 

   
 

____ is the knowledge, tools, and techniques used to transform inputs into outputs.

 

     
 
 
     
  • Question 30

 

   
 

In terms of innovation streams, what ____ occurred when customers purchased flat-screen computer monitors to replace the older, bulkier monitors.

 

     
 
 
     

 

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