PM4 mock exam new Flashcards
(28 cards)
- Which item below is part of the Organisation’s purpose?
Leadership
Processes
Vision Statement
Vision statement
what item is an element of Strategic plan?
macro-environmental analysis
the analysis statement
emergent view
macro-environmental analysis
What does pestel stand for
Political, economical, social, technological, ecological, legal
In which PESTEL can Expensive regulatory fees be included
Political
the exchange rate factor belongs to which PESTEL
economical
which item is part of the three fundamental approaches for forecasting
Megatrends
Weak signals
Range
Range
shares are sold to the general public or financial institution:
Publicly-owned companies
Which type of stakeholders are the suppliers, customers, distributors, banks and owners
Economic
which type of stakeholders are policy makers, local councils, regulators and government agencies
social/political
which type of stakeholders are key adopters, standards agencies, ecosystem members supplying complementary products
technological
which type of stakeholders are affected by what an organization does (externalities)
community/society
which type of stakeholders may be specialized departments, local offices and factories, employees
Internal
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
Minimal effort, keep informed, keep satisfied, key players
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 result the organization wants to achieve
Which strategy requires companies to find different strategies for different countries
Multi-domestic
Which strategy has low pressure for local responsiveness and high pressure for global integration
Global
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.
high degree of controlling behaviour and
is internally focused.
Nike could be defined as
market culture
clan culture
adhocracy culture
clan culture
On of the primary roles of the functional structure is:
sales
product
Geographics
Sales
In which of the three key cultural systems behaviour is shaped by social processes
Socialization
Business plans and actions on how to respond to (expected) changes in its external
environment are:
Structure
Shared values
Strategy
Strategy
Unique selling proposition are:
Strategy
Shared values
Skills
Skills
A cash cow has:
High market share in growing market
Does not yet have a market share
High market share in a mature market
High market share in a mature market
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
Product and service attributes, customer relationships and complements
