hierarchy consists of A) business strategy and functional strategies rah B) busi
ID: 424718 • Letter: H
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hierarchy consists of A) business strategy and functional strategies rah B) business strategy. functional strategies, and C) business strategy and operating stralegy. D) managerial strategy, business strategy, functional 16. In a single-business company, the strategy-making strategies stralegies, and operating strategies E) corporate strategy, functional strategies, and 17. Which of the following is not a stakebolder of an A. Employees B. Stockholders C. Customers D. E. These are all stakeholders. None of the above answers 15 is correct Which of the following is not a major activity of the strategie process? A. Analysis of the internal and external environments B. Establishment of strategic direction C. Formulation of strategies 18. D. E Production scheduling Implementation of strategies 19. An organization's environment typically: Consists only of employees and managers B. Includes all groups and individuals that are significantly influenced by or have a major impact on the organization C. Includes only stockholders D. Consists only of competitors, suppliers, and customers E. Reflects only owners, customers, and competitors 20. A company's strategic vision is best conceived as management's rationale for going there trying to please its customers. A) a road map of a company's future-a picture of its destination and B) what business the company is presently in and why it does certain things in C) management's storyline of how it intends to make a profit with the chosen strategy D) "who we are and what we do." E) the general strategic outline of what the enterprise will need to do to outmaneuver rivals and achieve a competitive advantage 21. Buyer hargaining power tends to be stronger when A) buyers are large and can demand concessions when purchasing large quantities.Explanation / Answer
16. B) business strategy, functional strategies, and operating strategies
17. E) These are all stakeholders. None of the above answers is correct.
All others except, competitors, are obvious. Competitors are also stakeholders, because they are affected by the company's operations.
18. D. Production scheduling
19. B. Includes all groups and individuals that are significantly influenced by or have a major impact on the organization
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