Question 1. Quick strategic moves that remake ________ and do not elicit adequate responses from rivals are crucial for success.
corporate strategies
business strategies
business models
value chains

Question 2. One of the obstacles to quick action for a company is
competitor's actions
prior strategic commitments
industry structure
wrong strategy

Question 3.The biggest deals were concentrated in certain industries. The __________ led the way with 5 out of the top 15 deals in the 1998-2000 period.
telecommunications and communications equipment industries
mining and minerals industry
waste management industry
airline industry

Question 4. ____________ are critical elements in successful M&As.
Management strategies
Synergies
Portfolio management
Diversification

Question 5. Corporate strategy deals with __________.
how the firm competes
the scope of the firm
role of each function
deciding what functions to perform

Question 6. According to the BCG matrix, the strategy for _______ is to invest in them and increase their share of the firm's overall business.
cash cows
stars
question marks
dogs

Question 7. The theory behind __________ is that the businesses return more to shareholders by being together than they would if they were separate.
corporate strategy
business strategy
dominant-product strategy
conglomerates

Question 8. ___________ movers incur high development costs.
First
Second
Third
Late

Question 9. The ability to achieve new resource configurations is a _______________.
core competence
dynamic capability
distinctive competence
capability

Question 10. A low-cost position is based on high-volume sales of __________ items.
inferior
low-margin items
industry-average
none of the above