________ includes the set of shared values, beliefs, attitudes, customs, norms, personalities, heroes and heroines that describe a firm.
A) Strategy
B) Culture
C) Mission
D) Objectives
E) QSPM
Answer: B) Culture
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GEB Chapter 6
- The act of oversight and direction for an organization is referred to as
- All of the following are principles of good organizational governance, as established by Business Week, EXCEPT
- Today, boards of directors are composed mostly of
- Which tactic emphasizes that a successful outcome is more important than imposing the method of achieving it?
- What tactic involves shifting focus from specific issues to more general ones?
- Which of these is a limitation of QSPM?
- What is the highest number of strategies that can be examined at one time with the QSPM?
- What term is defined as the product of multiplying the weights by the Attractiveness Scores in each row of the QSPM?
- Which of the following is the first step in developing a QSPM?
- Which analytical tool determines the relative attractiveness of various strategies based on the extent to which key external and internal critical success factors are capitalized upon or improved?
- Which matrix is included in the decision stage of the strategy formulation framework?
- According to the Grand Strategy Matrix, organizations in which quadrant have a strong competitive position but are in a slow-growth industry?
- Although Quadrant ________ companies are growing, according to the Grand Strategy Matrix they are unable to compete effectively, and they need to determine why the firm's current approach is ineffective and how the company can best change to improve its competitiveness.
- For companies located in Quadrant III of the Grand Strategy Matrix, the first strategy recommended is
- According to the Grand Strategy Matrix, which strategy is recommended for a firm with rapid market growth and a strong competitive position?
- Firms located in which quadrant of the Grand Strategy Matrix are in an excellent strategic position?
- What analytical tool has four quadrants based on two dimensions: competitive position and market growth?
- All of the following are limitations of the BCG Matrix EXCEPT
- The BCG Matrix is designed specifically to enhance which type of firm's efforts to formulate strategies?
- In the SPACE analysis, what does a (+6, +3) strategy profile portray?
- What type of strategies would you recommend when a firm's SPACE Matrix directional vector has the coordinates (-2, +3)?
- The two positive-rated dimensions on the SPACE Matrix are
- What are the two external dimensions of the SPACE Matrix?
- The two internal dimensions represented on the axes of the SPACE Matrix are