Industrial Organization MCQs (Chapterwise Multiple Choice Questions)

The three different types of strategies that managers implement are ________.

Corporate, private, functional

Corporate, competitive, functional

Long-term, short-term, public

Competitive, noncompetitive, corporate

Answer & Explanation

Correct Answer: Corporate, competitive, functional

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Bmw produces cars exclusively for high-income customers. bmw is pursuing a ______________ strategy.

Strategy is well understood.

Forward vertical integration.

Focused differentiation strategy

Greater barriers to entry.

Answer & Explanation

Correct Answer: Focused differentiation strategy

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In staffing, o*net is used for ________.

Background job analysis information

Legal research

Job rewards analyses

Identifying a firm's best business strategy

Answer & Explanation

Correct Answer: Background job analysis information

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When an organization is analyzing its labor supply, it is studying its ________.

Organizational culture

Internal environment

External environment

Answer & Explanation

Correct Answer: External environment

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One advantage of the delayering approach at north-west would be ____________.

Better clarity around job tasks

Better budgetary control over labor costs

Increased opportunity for promotion

More discretion to reward top performers

Answer & Explanation

Correct Answer: More discretion to reward top performers

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Downsizing seems to harm ________.

Victims who are dismissed only

Both victims who are dismissed and survivors who stayed on

Survivors who stayed on only

Managers who carried out the dismissals and their families only

Answer & Explanation

Correct Answer: Both victims who are dismissed and survivors who stayed on

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A(n) _____ organization depends heavily on an informal structure of employee networks.

Hierarchical

Authoritative

Mechanistic

Bureaucratic

Organic

Answer & Explanation

Correct Answer: Organic

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A virtual organization is also known as a(n) ________ organization.

Boundaryless

Electronic

Modular

Pyramidal

Triangular

Answer & Explanation

Correct Answer: Modular

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Regarding the findings from a swot analysis, organizational strengths are ____.

Skills and capabilities that give a company advantages in executing its strategies

Environmental factors that the organization may exploit for a competitive advantage

Both

None of these

Answer & Explanation

Correct Answer: Skills and capabilities that give a company advantages in executing its strategies

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Regarding the results of a swot analysis, organizational opportunities are ____.

Environmental factors that the organization may exploit for a competitive advantage

Skills and capabilities that give a company advantages in executing its strategies

Both

None of these

Answer & Explanation

Correct Answer: Environmental factors that the organization may exploit for a competitive advantage

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