Independent strategy of an organization to change its current environment

Intro to Management (Course Code: 44453)
Quiz 3

1.

A customer who purchases raw materials or wholesale products before selling them to final customers is known as a(n) _____ consumer.

intermediate

primary

mass

actual

standard
2.


Which of the following is an attractive environment for firms?

Many competitors

Few entry barriers

High threat of entry
→
Low customer bargaining power

Many substitutes
3.


Which of the following factors makes an environment unattractive for firms?

Many customers

Many suppliers
→
High threat of entry

Many barriers to entry

High industry growth
4.


_____ is independent action to improve relations with competitors.

Internal competition

Competence exploitation

Competitive intelligence

Competitive pacification

Competitive aggression
5.


_____ are agreements between the organization and another group to exchange goods, services, information, and patents.

Buffers

Switching costs

Contracts

Cooptations

Coalitions
6.


Which of the following is an independent strategy of an organization to change its current environment?

Competitive aggression

Mergers

Cooptation

Contracts

Coalition
7.

Which of the following is a way of influencing the environment?

Buffering

Smoothing

Independent action

Domain selection

Strategic maneuvering
8.


Which of the following organizational cultures are strongly characterized by entrepreneurship, creativity, adaptability, and dynamism?

Adhocracy

Dominant culture

Rational culture

Hierarchical culture

Group culture
9.


Which of the following organizational cultures are strongly characterized by order, rules and regulations, uniformity, and efficiency?

Dominant culture

Hierarchical culture

Rational culture

Group culture

Adhocracy
10.


Which of the following leadership styles is associated with a group culture?

Risk taker

Coordinator, organizer

Production and achievement-oriented
→
Mentor, facilitator, parent figure

Innovator, entrepreneur