Strategic Management Theory & Cases An Integrated Approach 11th Edition by Charles W. L. Hill – Test Bank
1. Functional strategies play only a small role in organizational success because they occur at a low level in the Finn.
a. True
b. False
ANSWER: False POINTS: I DIFFICULTY: Easy
LEARNING OBJECTIVES: SMIA.HILL.l5.04.01- Explain how an enterprise can use functional-level strategies to increase its efficiency
NATIONAL STANDARDS: United States- BUSPROG: Reflective Thin- BUSPROG: Analytic
KEYWORDS: Bloom’s: Comprehension
2. Distinctive competencies shape the functional-level strategies that a company can pursue.
a. True
b. False
ANSWER: POINTS:
DIFFICULTY:
True
I
Easy
LEARNING OBJECTIVES: SMIA.HILL.l5.04.01- Explain how an enterprise can use functional-level strategies to increase its efficiency
NATIONAL STANDARDS: United States- BUSPROG: Reflective Thin- BUSPROG: Analytic
KEYWORDS: Bloom’s: Knowledge
3. Diseconomies of scale are the unit cost increases associated with a large scale of output.
a. True
b. False
ANSWER: True POINTS: I DIFFICULTY: Easy
LEARNING OBJECTIVES: SMIA.HILL.l5.04.01- Explain how an enterprise can use functional-level strategies to increase its efficiency
NATIONAL STANDARDS: United States- BUSPROG: Reflective Thin- BUSPROG: Analytic
KEYWORDS: Bloom’s: Knowledge
4. The concept of economies of scale suggests that unit costs continue to fall indefinitely as output volume increases.
a. True
b. False
ANSWER: POINTS:
DIFFICULTY:
False
I
Easy
LEARNING OBJECTIVES: SMIA.HILL.l5.04.01- Explain how an enterprise can use functional-level strategies to increase its efficiency
NATIONAL STANDARDS: United States- BUSPROG: Reflective Thin- BUSPROG: Analytic
KEYWORDS: Bloom’s: Knowledge
5. Learning effects tend to be more significant when a technologically complex task is performed only occasionally.
a. True
b. False
ANSWER: False POINTS: I DIFFICULTY: Easy
LEARNING OBJECTIVES: SMIA.HILL.l5.04.01- Explain how an enterprise can use functional-level strategies to increase its efficiency
NATIONAL STANDARDS: United States- BUSPROG: Reflective Thin- BUSPROG: Analytic
KEYWORDS: Bloom’s: Knowledge
6. No matter how complex the task is, learning effects typically die out after a limited period of time.
a. True
b. False
ANSWER: POINTS:
DIFFICULTY:
True
I
Easy
LEARNING OBJECTIVES: SMIA.HILL.l5.04.01- Explain how an enterprise can use functional-level strategies to increase its efficiency
NATIONAL STANDARDS: United States- BUSPROG: Reflective Thin- BUSPROG: Analytic
KEYWORDS: Bloom’s: Knowledge
7. All else being equal, if a company moves down the experience curve faster than its rivals, it should realize a lower cost structure.
a. True
b. False
ANSWER: POINTS:
DIFFICULTY:
True
I
Easy
LEARNING OBJECTIVES: SMIA.HILL.l5.04.01- Explain how an enterprise can use functional-level strategies to increase its efficiency
NATIONAL STANDARDS: United States- BUSPROG: Reflective Thin- BUSPROG: Analytic
KEYWORDS: Bloom’s: Comprehension
8. Flexible production technologies allow a company to produce a wider variety of end products at a unit cost that at one time could be achieved only through the mass production of a standardized output
a. True
b. False
ANSWER: POINTS:
DIFFICULTY:
True
I
Easy
LEARNING OBJECTIVES: SMIA.HILL.l5.04.01- Explain how an enterprise can use functional-level strategies to increase its efficiency
NATIONAL STANDARDS: United States- BUSPROG: Technology
KEYWORDS: Bloom’s: Knowledge
Reviews
There are no reviews yet.