1. Which one of the following does not influence organizational learning?
a) Awareness of wider environmental developments
b) Knowledge of competitor activity
c) Reflecting on past actions
d) Applying activity maps
2. _______ are the organizations major value creating skills, capabilities and resources that determine the organizations competitive weapons
a) Strengths
b) Opportunities
c) Core competencies
d) Weaknesses
3. Which one of the following is not a future pattern identified by Courtney et al. (1997)
a) A limited and definable number of discrete alternatives which can be evaluated and judged by strategic managers
b) A limited and definable number of alternatives which cannot be evaluated nor judged with any great certainty
c) A limited but undefinable number of discrete alternatives which can be evaluated and judged
d) A limited but undefinable number of discrete alternatives that cannot be evaluated nor judged at all
4. An example of a core competency of a firm is
a) the corporate reputation
b) communicating with customers in their own languages worldwide
c) developing least squared exemptions within its accounting system
d) evaluating tangible and intangible assets
5. The merging of analysis of internal and external factors influencing the organizations strategy is known as
a) complete studies
b) organizational behavior and theory
c) definitional analysis
d) SWOT analysis
6. Why should governments seek to regulate?
a) To control competition and stop monopoly power
b) To minimize resource wastage and monopoly power
c) To control competition and minimize resource wastage
d) To control competition, minimize resource wastage, and inhibit the exploitation of weak buyers and suppliers
7. An investment that gives the investor a controlling interest in a foreign company is known as which of the following?
a) foreign portfolio investment
b) foreign direct investment
c) mixed venture
d) pure venture
8. Which of the following is not suggested by Markides (1999) as a factor for competitive and strategic success?
a) Synergy
b) Careful evaluation of strategic options
c) Ensure consistency between desired strategic position and the chosen strategy
d) Active opportunity searching
9. In order to have controlling interest in a foreign company
a) an investor must have at least 100 % interest in the foreign company
b) an investor must have at least 50% interest in the foreign company
c) an investor may hold a minority stake if the remaining ownership is widely dispersed
d) an investor must make all decisions at headquarters about the foreign company
10. To succeed, Ansoff (1987) demands that organizations become
a) more aggressive in terms of competitive strategies and entrepreneurialism or change orientation
b) more aggressive in terms of competitive strategies
c) more aggressive in terms of competitive strategies and in their pursuit of opportunities
d) more aggressive in terms of competitive strategies and innovation