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34576093_Flashcards_about_Stack__801821__Answer
[Question] During the first presidential election, approximately what percent of the population were legal voters? [Answer]
less than 10 percent
[]
Flashcards about Stack #801821
Answer
http://www.studystack.com/flashcard-801821
2/1438042981856.5_20150728002301-00182-ip-10-236-191-2_739772608_3.json
34576093_Flashcards_about_Stack__801821__Answer
[Question] In the US today, states may restrict voting privileges by [Answer]
setting residency requirements
[]
Flashcards about Stack #801821
Answer
http://www.studystack.com/flashcard-801821
2/1438042981856.5_20150728002301-00182-ip-10-236-191-2_739772608_3.json
34576093_Flashcards_about_Stack__801821__Answer
[Question] The secret ballot was first developed in [Answer]
Australia
[]
Flashcards about Stack #801821
Answer
http://www.studystack.com/flashcard-801821
2/1438042981856.5_20150728002301-00182-ip-10-236-191-2_739772608_3.json
34576093_Flashcards_about_Stack__801821__Answer
[Question] In america today, voters use __ to vote. [Answer]
paper ballots, voting machines, and/or computer punch cards
[]
Flashcards about Stack #801821
Answer
http://www.studystack.com/flashcard-801821
2/1438042981856.5_20150728002301-00182-ip-10-236-191-2_739772608_3.json
34576093_Flashcards_about_Stack__801821__Answer
[Question] What election type is most likely to be restricted to voters who have registered as members of a political party? [Answer]
PRIMARY
[]
Flashcards about Stack #801821
Answer
http://www.studystack.com/flashcard-801821
2/1438042981856.5_20150728002301-00182-ip-10-236-191-2_739772608_3.json
34576093_Flashcards_about_Stack__801821__Answer
[Question] What helps to prevent fraud in elections? [Answer]
Uniform ballots, numbered ballots, detachable ballots, write-in votes
[]
Flashcards about Stack #801821
Answer
http://www.studystack.com/flashcard-801821
2/1438042981856.5_20150728002301-00182-ip-10-236-191-2_739772608_3.json
34576093_Flashcards_about_Stack__801821__Answer
[Question] A candidate who loses a close election may call for a [Answer]
recount
[]
Flashcards about Stack #801821
Answer
http://www.studystack.com/flashcard-801821
2/1438042981856.5_20150728002301-00182-ip-10-236-191-2_739772608_3.json
34576093_Flashcards_about_Stack__801821__Answer
[Question] General elections in the United States are held [Answer]
in November of each even numbered year
[]
Flashcards about Stack #801821
Answer
http://www.studystack.com/flashcard-801821
2/1438042981856.5_20150728002301-00182-ip-10-236-191-2_739772608_3.json
34576093_Flashcards_about_Stack__801821__Answer
[Question] The elected or appointed official who prepares election ballots, supervises elections, and watches over the ballot counting is the [Answer]
registrar of voters
[]
Flashcards about Stack #801821
Answer
http://www.studystack.com/flashcard-801821
2/1438042981856.5_20150728002301-00182-ip-10-236-191-2_739772608_3.json
34576093_Flashcards_about_Stack__801821__Answer
[Question] Americans who vote for both Republican and Democratic candidates during the same election are [Answer]
voting a split ticket
[]
Flashcards about Stack #801821
Answer
http://www.studystack.com/flashcard-801821
2/1438042981856.5_20150728002301-00182-ip-10-236-191-2_739772608_3.json
34576093_Flashcards_about_Stack__801821__Answer
[Question] A nonvoter [Answer]
fails to carry out an important responsibility of citizenship, endangers the freedom of all Americans, and weakens the political system
[]
Flashcards about Stack #801821
Answer
http://www.studystack.com/flashcard-801821
2/1438042981856.5_20150728002301-00182-ip-10-236-191-2_739772608_3.json
34576093_Flashcards_about_Stack__801821__Answer
[Question] By far, the greatest expenditure or cost of a major election is [Answer]
running a campaign
[]
Flashcards about Stack #801821
Answer
http://www.studystack.com/flashcard-801821
2/1438042981856.5_20150728002301-00182-ip-10-236-191-2_739772608_3.json
34576093_Flashcards_about_Stack__801821__Answer
[Question] Candidates for office may raise money for their campaigns by [Answer]
families and individual supporters, office holders and office seekers, special-interest groups, fund raising, and public financing
[]
Flashcards about Stack #801821
Answer
http://www.studystack.com/flashcard-801821
2/1438042981856.5_20150728002301-00182-ip-10-236-191-2_739772608_3.json
34576093_Flashcards_about_Stack__801821__Answer
[Question] What Federal Agency has the responsibility to police campaign financing? [Answer]
FEC (Federal Election Commision)
[]
Flashcards about Stack #801821
Answer
http://www.studystack.com/flashcard-801821
2/1438042981856.5_20150728002301-00182-ip-10-236-191-2_739772608_3.json
34576093_Flashcards_about_Stack__801821__Answer
[Question] To qualify for public campaign money, presidential candidates must [Answer]
raise a min of 5k in each of at least 20 different states (no single contribution can be more than $250)
[]
Flashcards about Stack #801821
Answer
http://www.studystack.com/flashcard-801821
2/1438042981856.5_20150728002301-00182-ip-10-236-191-2_739772608_3.json
34576093_Flashcards_about_Stack__801821__Answer
[Question] Reform of campaign spending is difficult to accomplish because [Answer]
the well financed candidates most often win the elections and then make the laws which govern election spending
[]
Flashcards about Stack #801821
Answer
http://www.studystack.com/flashcard-801821
2/1438042981856.5_20150728002301-00182-ip-10-236-191-2_739772608_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] Whenever an organization diversifies, it represents investing a stockholder's funds in a way in which the individual investor is unable. True or false? [Answer]
false
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] Diversification that results in strengthening the value chain and increasing competitive advantages is the best possible example of investing stockholders' funds in a way that individual investors cannot. true or false? [Answer]
true
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] When firms diversify into unrelated businesses, the primary potential benefits are horizontal relationships, i.e. businesses sharing tangible and intangible resources. true or false? [Answer]
false
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] a newly acquired business must always have products that are similar to the existing businesses' products to benefit from the corporation's core competence. true or false? [Answer]
false
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] sharing activities across business units can provide two primary benefits: cost savings and revenue enhancements. true or false? [Answer]
true
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] sharing activities among business units can have a negative effect on a given business's differentiation. true or false? [Answer]
true
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] market power refers to cost savings from leveraging core competencies or sharing activities among the businesses in a corporation. true or false? [Answer]
false
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] The two principle means by which firms achieve synergy through market power are: pooled negotiating power and corporate parenting. true or false? [Answer]
false
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] similar businesses working together or the affiliation of a business with a strong parent can strengthen a firm's bargaining position relative to suppliers and customers. true or false? [Answer]
true
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] a firm that incorporates more processes toward the original source of raw materials is an example of forward integration. true or false? [Answer]
false
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] a publishing company that purchases a chain of bookstores to sell its books is an example of unrelated diversification. true or false? [Answer]
false
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] one of the risks of vertical integration is that they may be problems associated with unbalanced capacities or unfilled demands along a firm's value chain. true or false? [Answer]
true
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] vertical integration should be undertaken when demand for the organization's products is very unstable. true or false? [Answer]
false
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] market transactions do not involve transaction costs. true or false? [Answer]
false
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] vertical integration is attractive when market transaction costs are higher than internal admin costs. true or false? [Answer]
true
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] according to the text, the 2 main sources of synergy is unrelated diversification are parenting and financial synergies via portfolio management. true or false? [Answer]
true
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] restructuring requires the corporate office to find either poorly performing firms with unrealized potential or firms in industries on the threshold of significant, positive change. true or false? [Answer]
true
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] portfolio management should be considered as the primary basis for formulating corporate level strategies. true or false? [Answer]
false
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] portfolio management matrices generally costs of 2 axes that reflect industry or market growth and the market share of a business. true or false? [Answer]
true
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] the acquisition of 2 or more counter cyclical businesses is an example of using diversification to reduce risk. true or false? [Answer]
true
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] an advantage of mergers and acquisitions is that the can enable a firm to rapidly enter new product markets. true or false? [Answer]
true
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] among the disadvantages of acquisitions are the expensive premiums that are frequently paid to acquire a business. true or false? [Answer]
true
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] through joint ventures, firms can directly acquire the assets and competencies of other firms. true or false? [Answer]
false
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] the potential advantages of strategic alliances and joint ventures include entering new markets as will as developing and diffusing new technologies. true or false? [Answer]
true
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] for strategic alliances to be effective, reliance on written contracts to delimit responsibilities and enforce compliance is vital. true or false? [Answer]
false
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] an advantage of a firm entering into a strategic alliance is that it does not have to share the wealth with is partners. true or false? [Answer]
false
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] an advantage of internal development is that firms do not have to combine activities across the value chains of many companies and merge company cultures. true or false? [Answer]
true
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] in recent years, many high tech firms such as priceline.com have suffered from the negative impact of uncontrolled growth. true or false? [Answer]
true
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] a golden parachute is prearranged contract with managers specifying that in the event of a hostile takeover, the target firm's managers will be a paid a significant severance package. true or false? [Answer]
true
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] Corporate level strategy addresses two related issues: [Answer]
what businesses to compete in; how these businesses can achieve synergy
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] Individual investors are dependent upon the corporation's managers to: [Answer]
add value to their investments in a way that the stockholders could not accomplish on their own
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] McKesson, a large distribution company, sells many product lines such as pharmaceuticals and liquor through its super warehouses. This is an example of: [Answer]
achieving economies of scope through related diversification
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] Philip Morris bought Miller Brewing and used its marketing expertise to improve Miller's market share. This justification for diversification is best described as: [Answer]
capitalizing on core competencies
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] The corporate office of Cooper Industries adds value to its acquired businesses by performing such activities as auditing their manufacturing operations, improving their accounting activities, and centralizing union negotiations. This is an example of: [Answer]
attaining the benefits of parenting through unrelated diversification.
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] reflects the collective learning in organizations such as how to coordinate production skills, integrate multiple streams of technologies, and market and merchandise diverse products and services [Answer]
core competencies
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] For a core competence to be a viable basis for the corporation strengthening a new business unit there are 3 requirements: [Answer]
must help the business gain strength relative to its competition, new business must be similar to existing business to benefit, collection of competencies should be unique so that they cannot be easily imitated
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] Sharing core competencies is one of the primary potential advantages of diversification. in order for diversification to be most successful, it is important that: [Answer]
the similarity required for sharing core competencies must be in the value chain, not in the product.
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] when management uses common production facilities or purchasing procedures to distribute different but related products, they are: [Answer]
sharing activities
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] Shaw Industries, a giant carpet manufacturer, increases its control over raw materials by producing much of its own polypropylene fiber, a key input into its manufacturing process. This is an example of: [Answer]
vertical integration
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] The risks of vertical integration include: [Answer]
costs and expenses associated with increased overhead and capital expenditures, problems associated with unbalanced capacities along the value chain, additional admin costs associated with managing a more complex set of activities
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] Unbalanced capacities that limit cost savings, difficulties in combining specializations, and reduced flexibility are disadvantages associated with: [Answer]
vertical integration
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] a firm should consider vertical integration when: [Answer]
the firm's suppliers of raw materials are often unable to maintain quality standards
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] It may be advantageous to vertically integrate when: [Answer]
lower transaction costs and improved coordination are vital and achievable through vertical integration
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] transaction costs include all of the following: [Answer]
search costs, negotiating costs, monitoring costs
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] vertical integration is attractive when: [Answer]
transaction costs are higher than internal admin costs
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] when a firm's corporate office helps subsidiaries make wise choices in their own acquisitions, divestures, and new ventures [Answer]
parenting
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] when a firm tries to find and acquire either poorly performing firms with unrealized potential or firms in industries on the threshold of significant, positive change [Answer]
restructuring
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] according to the text, corporate restructuring includes: [Answer]
capital restructuring, asset restructuring, and management restructuring
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] portfolio management matrices are applied to what level of strategy? [Answer]
corporate level
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] when using a BCG matrix, a business that currently holds a large market share in a rapidly growing market and that has minimal or negative cash flow would be known as: [Answer]
star
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] in the BCG matrix, a business that has a low market share in an industry characterized by a higg market growth is termed a: [Answer]
question mark
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] portfolio management frameworks share what characteristics? [Answer]
grid dimensions are based on external environments and internal capabilities/market positions
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] a cash cow referred to in the BCG, refers to a business that has [Answer]
low market growth and relatively high market share
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] In managing a firm's portfolio, the BCG matrix would suggest that: [Answer]
question marks can represent future stars if their market share increased
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] In the BCG matrix, the suggested strategy for stars is to: [Answer]
maintain position and after the market growth slows use the business to provide cash flow
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] limitations of the BCG [Answer]
every business cannot be accurately measured and compared on 2 dimensions, views each business as a stand alone entity and ignores the potential for synergies, can lead to some troublesome and overly prescriptions
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] the 3 primary means by which a firm can diversify are: [Answer]
mergers and acquisitions, joint ventures and strategic alliances, internal development
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] The downsides or limitations of mergers and acquisitions include [Answer]
expensive premiums that are frequently paid to acquire a business, difficulties in integrating the activities and resources of the acquired firm, many cultural issues that can doom an otherwise promising acquistion
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] divesting business can accomplish many different objectives. this includes: [Answer]
enabling managers to focus their efforts to more directly on the firm's core businesses, providing the firm with more resources to spend on more attractive alternatives, raising cash to help fund existing businesses
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] a company offering local telecommunications service combines resources with an international company that manufactures digital switching equipment to research a new type of telecommunications technology. This is an example of: [Answer]
strategic alliance
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] Cooperative relationships such as this have the potential advantages such as entering new markets, reducing manufacturing costs in the value chain, and developing and diffusing new technologies [Answer]
joint ventures and strategic alliances
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] guidelines for managing strategic alliances [Answer]
establishing a clear understanding between partners, not shortchanging your partner, working hard to ensure a collaborative relationship between partners
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] according to michael porter: there's a tremendous allure to ____. its the big play, the dramatic gesture. with one stroke of the pen you can add billions to size, get a front page store, and create excitement in markets. [Answer]
mergers and acquisitions
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] an antitakeover called _____ is when a firm offers to buy shares of their stock from a company planning to acquire their firm at a higher price than the unfriendly company paid for it [Answer]
greenmail
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] an antitakeover tactic in which existing shareholders have the option to buy additional shares of stock at a discount to the current market price is called [Answer]
a poison pill
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] the term golden parachute refers to [Answer]
pay given to executives fired because of a takeover
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
ebff7153_ashcards_about_mgmt_final_ch_6__Answer
[Question] antitakeover tactics include [Answer]
greenmail, golden parachutes, poison pills
[]
Flashcards about mgmt final ch 6
Answer
http://www.studystack.com/flashcard-793153
2/1438042990112.50_20150728002310-00110-ip-10-236-191-2_726470966_3.json
72329722_hcards_about_Advertising_Vocab__Question
[Answer] Standard of Living [Question]
The minimum level of necessities and luxuries required to maintain an individual or a group at a common level of comfort.
[]
Flashcards about Advertising Vocab
Question
http://www.studystack.com/flashcard-180135
2/1438042981856.5_20150728002301-00215-ip-10-236-191-2_731557253_3.json
72329722_hcards_about_Advertising_Vocab__Question
[Answer] Mass Media [Question]
Form of communication designed to reach a large number of people.
[]
Flashcards about Advertising Vocab
Question
http://www.studystack.com/flashcard-180135
2/1438042981856.5_20150728002301-00215-ip-10-236-191-2_731557253_3.json
72329722_hcards_about_Advertising_Vocab__Question
[Answer] Advertisement [Question]
A paid public announcement, usually emphasizing desirable qualities, to persuade you to buy an item or a service.
[]
Flashcards about Advertising Vocab
Question
http://www.studystack.com/flashcard-180135
2/1438042981856.5_20150728002301-00215-ip-10-236-191-2_731557253_3.json
72329722_hcards_about_Advertising_Vocab__Question
[Answer] Consumer [Question]
Someone who uses goods.
[]
Flashcards about Advertising Vocab
Question
http://www.studystack.com/flashcard-180135
2/1438042981856.5_20150728002301-00215-ip-10-236-191-2_731557253_3.json
72329722_hcards_about_Advertising_Vocab__Question
[Answer] Search Time [Question]
The amount of time you would spend to find products or services you want.
[]
Flashcards about Advertising Vocab
Question
http://www.studystack.com/flashcard-180135
2/1438042981856.5_20150728002301-00215-ip-10-236-191-2_731557253_3.json
72329722_hcards_about_Advertising_Vocab__Question
[Answer] Want [Question]
Something that you would like to have but can live without.
[]
Flashcards about Advertising Vocab
Question
http://www.studystack.com/flashcard-180135
2/1438042981856.5_20150728002301-00215-ip-10-236-191-2_731557253_3.json
72329722_hcards_about_Advertising_Vocab__Question
[Answer] Social Meaning [Question]
Interpretation of a product or service in a social context.
[]
Flashcards about Advertising Vocab
Question
http://www.studystack.com/flashcard-180135
2/1438042981856.5_20150728002301-00215-ip-10-236-191-2_731557253_3.json
72329722_hcards_about_Advertising_Vocab__Question
[Answer] Consumer Behavior [Question]
Everything that affects or is affected by human consumption.
[]
Flashcards about Advertising Vocab
Question
http://www.studystack.com/flashcard-180135
2/1438042981856.5_20150728002301-00215-ip-10-236-191-2_731557253_3.json
72329722_hcards_about_Advertising_Vocab__Question
[Answer] Need [Question]
Something that you can't live without.
[]
Flashcards about Advertising Vocab
Question
http://www.studystack.com/flashcard-180135
2/1438042981856.5_20150728002301-00215-ip-10-236-191-2_731557253_3.json
72329722_hcards_about_Advertising_Vocab__Question
[Answer] The purpose of an advertisement is to sell you something. [Question]
Why do advertisements provide biased information?
[]
Flashcards about Advertising Vocab
Question
http://www.studystack.com/flashcard-180135
2/1438042981856.5_20150728002301-00215-ip-10-236-191-2_731557253_3.json
72329722_hcards_about_Advertising_Vocab__Question
[Answer] They portray how you wish you looked. [Question]
Why are models used in advertisements?
[]
Flashcards about Advertising Vocab
Question
http://www.studystack.com/flashcard-180135
2/1438042981856.5_20150728002301-00215-ip-10-236-191-2_731557253_3.json
72329722_hcards_about_Advertising_Vocab__Question
[Answer] Advertising teaches consumers about the purpose, features, benefits, and value of the advertised product. [Question]
How does advertising educate consumers?
[]
Flashcards about Advertising Vocab
Question
http://www.studystack.com/flashcard-180135
2/1438042981856.5_20150728002301-00215-ip-10-236-191-2_731557253_3.json
72329722_hcards_about_Advertising_Vocab__Question
[Answer] Advertisements promote products as symbols of status and success. [Question]
How does advertising promote materialism?
[]
Flashcards about Advertising Vocab
Question
http://www.studystack.com/flashcard-180135
2/1438042981856.5_20150728002301-00215-ip-10-236-191-2_731557253_3.json
72329722_hcards_about_Advertising_Vocab__Question
[Answer] Marketing Mix [Question]
All marketing activities, such as advertising, sales promotions, event sponsorships, and public relations.
[]
Flashcards about Advertising Vocab
Question
http://www.studystack.com/flashcard-180135
2/1438042981856.5_20150728002301-00215-ip-10-236-191-2_731557253_3.json
72329722_hcards_about_Advertising_Vocab__Question
[Answer] Puffery [Question]
The use of superlative in advertising.
[]
Flashcards about Advertising Vocab
Question
http://www.studystack.com/flashcard-180135
2/1438042981856.5_20150728002301-00215-ip-10-236-191-2_731557253_3.json
72329722_hcards_about_Advertising_Vocab__Question
[Answer] In-house Agency [Question]
An advertising department in a company whose main business is not advertising.
[]
Flashcards about Advertising Vocab
Question
http://www.studystack.com/flashcard-180135
2/1438042981856.5_20150728002301-00215-ip-10-236-191-2_731557253_3.json
72329722_hcards_about_Advertising_Vocab__Question
[Answer] Creative Boutique [Question]
An agency that specializes in developing creative concepts, writing creative text, and providing artistic services.
[]
Flashcards about Advertising Vocab
Question
http://www.studystack.com/flashcard-180135
2/1438042981856.5_20150728002301-00215-ip-10-236-191-2_731557253_3.json