MGT 550 Week 2 Chapter 2 Quiz
In the context of Porter’s strategy model, a(n) ____ can reduce rivalry with competitors and fight off the threat of substitute products because customers are loyal to a company’s brand.
The ____ to organizational effectiveness is concerned with the output side and whether an organization achieves its goals in terms of desired levels of output.
In the context of the competing values model, the resource-based approach looks at the input side of the transformation process.
Jason is employed at Cloover Inc. At Cloover Inc., management’s primary goals are increasing the ratio of output to input, using the resources used to produce a unit of output efficiently, and generating more revenue than the expenses. Cloover Inc.’s management values are represented by _____.
According to Miles and Snow’s strategy typology, the ____ tries to maintain a stable business while innovating on the periphery.
The overall goal for an organization is also called the:
According to Miles and Snow’s strategy typology, the defender strategy can be successful when an organization exists in a declining industry or a stable environment.
The resource-based approach to effectiveness emphasizes the:
According to Miles and Snow’s strategy typology, top management has defined a long-range plan or given the organization an explicit mission or goal with a reactor strategy.
_____ refers to what sets an organization apart from others and provides it with a distinctive edge for meeting customer or client needs in the marketplace.
In the context of the competing values model, the flexibility dimension reflects a management value for efficiency and top-down control.
Which of the following is an internal factor that is examined by top management to study an organization’s effectiveness?
In the context of Porter’s strategy model, a(n) ____ is concerned primarily with stability rather than taking risks or seeking new opportunities for innovation and growth.
Which of the following approaches is most likely to be used when one is measuring work climate, group loyalty, and worker-management communication as measures of effectiveness?
According to Miles and Snow’s strategy typology, the prospector strategy is concerned with stability or even retrenchment.
According to Miles and Snow’s strategy typology, managers have left the organization with no direction and no clear approach to design with a reactor strategy.
Organizational effectiveness is a _____, meaning that it is created and defined by an individual or group rather than existing independently in the external world.
In Miles and Snow’s strategy typology, the prospector strategy:
For nonprofit organizations, resource goals might include recruiting dedicated volunteers and expanding the organization’s funding base.
In the context of the competing values model, the internal focus of an organization represents an emphasis on the well-being of the organization itself with respect to the environment.