
Strategy framework
Quiz by Prof Brenda Corcino
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15 questions
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- Q1Strategy and Structure: _________________________; Competitive strategy : Michael PorterPeter DruckerNoel TichyHenry MintzbergAlfred Chandler30s
- Q2Corporate Strategy : Igor Ansoff; ______________________ : Arie de GeusThe Living CompanyThe age of continuityThe rise and fall of Strategic PlanningThe Mind of the Strategist30s
- Q3It refers to flexibility and adaptability in generating realistic responses to changing situations.Intellectual elasticityAgilityResilienceEmotional quotient30s
- Q4Which of the following is NOT necessarily considered among the key players to be taken into account when crafting a business strategy?CompetitorsGovernmentCustomersCompany30s
- Q5His way of thinking is like “Companies should manage the future from the past but should manage the present from the future” .Richard PascaleSun TzuKenichi OhmaePeter Drucker30s
- Q6He was called the Michaelangelo of Management.Harold GeneenLee IacoccaAlfred SloanJack Welch30s
- Q7He is considered as the “guru of all management gurus”.Harold GeneenAlfred ChandlerRichard PascalePeter Drucker30s
- Q8He said that, “Strategies stem from creative minds and not from rote memory.”Niccolo MachiavelliPeter SengeHenry FordKenichi Ohmae30s
- Q9The “Tiger Woods of Management” isJack WelchGeoffrey MooreWarren BuffetAlfred Sloan30s
- Q10It pertains to a strategy that seeks to improve, enhance, and enriche that which is already existing.DifferentiationContinuous improvementBenchmarkingInvention30s
- Q11The concept of Balanced Scorecard as a strategy tool was introduced by the management gurus, ___________________________.Hammer and ChampyKaplan and NortonOhmae and SengeWelch and Geneen30s
- Q12Which strategic step in optimizing technology pertains to a fundamental rethinking and radical redesign of business processes to achieve dramatic measures in critical contemporary measures of performance such as costs, quality, service and speed?Process RedesignProcess ReengineeringProcess ImprovementBenchlearning30s
- Q13Which strategy tool illustrates four perspectives in performance measurement like financial indicators, customer variables, internal processes, and the learning and growth in the organization?Strategy MapsBalanced ScorecardProcess MappingSix Sigma30s
- Q14Taken in the framework of natural capital, which concept of strategy helps to understand how competitive advantage can be actualized in individual, organizational and national contexts?Strategy as intellectual capitalStrategy as learningStrategy as peopleStrategy is a mindset,30s
- Q15This person was part of the metamorphosis of the Ford Company who has a famous strategic advise to win over adversaries which says not to fight back using fists but to use knowledge.Jack WelchHenry FordLee IacoccaWarren Buffet30s