PM4 mock exam new Flashcards

1
Q
  1. Which item below is part of the Organisation’s purpose?
    Leadership
    Processes
    Vision Statement
A

Vision statement

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2
Q

what item is an element of Strategic plan?
macro-environmental analysis
the analysis statement
emergent view

A

macro-environmental analysis

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3
Q

What does pestel stand for

A

Political, economical, social, technological, ecological, legal

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4
Q

In which PESTEL can Expensive regulatory fees be included

A

Political

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5
Q

the exchange rate factor belongs to which PESTEL

A

economical

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6
Q

which item is part of the three fundamental approaches for forecasting
Megatrends
Weak signals
Range

A

Range

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7
Q

shares are sold to the general public or financial institution:

A

Publicly-owned companies

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8
Q

Which type of stakeholders are the suppliers, customers, distributors, banks and owners

A

Economic

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9
Q

which type of stakeholders are policy makers, local councils, regulators and government agencies

A

social/political

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10
Q

which type of stakeholders are key adopters, standards agencies, ecosystem members supplying complementary products

A

technological

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11
Q

which type of stakeholders are affected by what an organization does (externalities)

A

community/society

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12
Q

which type of stakeholders may be specialized departments, local offices and factories, employees

A

Internal

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13
Q

Stakeholder mapping matrix has 4 elements which are:
a) Maximum effort, keep informed, keep interested, key competitors
b) Minimal effort, keep informed, keep satisfied, key players

A

Minimal effort, keep informed, keep satisfied, key players

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14
Q

which definition of strategy is NOT correct
A pattern in a stream of decisions
A firm’s theory about how to gain competitive advantage
A result the organization wants to achieve

A

A result the organization wants to achieve

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15
Q

Which strategy requires companies to find different strategies for different countries

A

Multi-domestic

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16
Q

Which strategy has low pressure for local responsiveness and high pressure for global integration

A

Global

17
Q

the Hierarchy culture is based on:
a) high degree of controlling behaviour and is externally focused.
b) high degree of controlling behaviour andis internally focused.
c) low degree of controlling behaviour and isexternally focused.

A

high degree of controlling behaviour and
is internally focused.

18
Q

Nike could be defined as
market culture
clan culture
adhocracy culture

A

clan culture

19
Q

On of the primary roles of the functional structure is:
sales
product
Geographics

A

Sales

20
Q

In which of the three key cultural systems behaviour is shaped by social processes

A

Socialization

21
Q

Business plans and actions on how to respond to (expected) changes in its external
environment are:
Structure
Shared values
Strategy

A

Strategy

22
Q

Unique selling proposition are:
Strategy
Shared values
Skills

A

Skills

23
Q

A cash cow has:
High market share in growing market
Does not yet have a market share
High market share in a mature market

A

High market share in a mature market

24
Q

They key drivers of diversification are:
- Complements, product and service attributes and key competitors
- differentiation focusers, product and service attributes, and complements
- Product and service attributes, customer relationships and complements

A

Product and service attributes, customer relationships and complements

25
Q

An approach to benchmarking is:
lead-in-class
first of a kind
market

A

first of a kind

26
Q

The 4th stage of an industry lifecycle is defined by:
Decline
Shake-out
Maturity

A

Maturity

27
Q

Which statement is NOT true:
Critical success factors are particularly valued by industry competitors
Critical success factors are likely to be an important source of competitive advantages
The environmental influence closest to an organizations includes the industry or sector

A

Critical success factors are particularly valued by industries or sector

28
Q

Supplier is likely to be high whan:
Suppliers can integrate forward
the supplier are dispersed
switching costs are low

A

suppliers can intergate forward