Instruction:
1. First try your hands on by answering ALL questions for the objectives
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1. Industries characterized by falling demand, declining number of competitors and narrowing of the product line is at the life cycle stage of
2. According to Chandler, the initial growth strategy of firms is
3. The final growth strategy of firms as noted by Chandler is
4. One disadvantage of geographic organizational structure is its
5. A totally centralized organizational structure is
6. Michael Porter noted that a firm can attempt to seek a competitive advantage based on one of ……..generic strategies.
7. A strategy of producing products and service that fill the needs of small groups of consumers at least cost is
8. Organizations that pursue low-cost strategy enjoy competitive advantage based on
9. A stable growth strategy is
10. Many organization in public utility, transportation and insurance industries follow
11. Communicating policies to organizational members on need-to-know basis reflects
12. A policy which requires a minimum down payment of 10 percent of the purchase price of a house is an example of policy of a
13. An example of marketing policy is
14. …………… occurs when two or more sponsoring firms form a separate organization for cooperative purpose
15. Product development as a strategy is appropriate when
16. A strategy which seeks to increase market share for present products in present market through greater marketing effort is
17. Adding new, unrelated products or services for present customers is
18. The initial stage in a company’s internationalization is
19. A leading strategic business unit with high market share and low growth is a
20. Business unit strength is influenced by
