ENT410 Past Questions

ENT410

A merger in which an entirely new firm is created and both the acquired and acquiring firms cease to exist is called a:
Answer: consolidation

defined as anything offered for sale for the purpose of satisfying a need or want on both sides of the exchange process.
Answer: product

is one of the marketing manager’s strategies of placing the product in the mind of the prospect or the consumer (i.e. positioning).
Answer: quality

The ways in which mergers and acquisitions (M&As) occur do not include:
Answer: diversification

approach A single person the owner or CEO –assumes the role of chief strategist and chief entrepreneur, single handedly shaping most or all of the major pieces of strategy
Answer: chief architect

Which describes a company’s overall direction towards growth by managing business and product lines? These include stability, growth and retrenchment.
Answer: corporate strategy

is concerned with putting in place appropriate strategies to ensure adequate depositor protection in the banking industry both during and after M & A transactions
Answer: ndic

Strategic management is basically needed for every organization and it offers several benefits
Answer: composite strategy

is a continuous ongoing process and extends companywide over a diversified company’s business
Answer: corporate strategy

The complete absorption of one company by another, wherein the acquiring firm retains its identity and the acquired firm ceases to exist as a separate entity, is called a:
Answer: merger

It is the approach taken by a functional area to achieve corporate and business unit objectives and strategies by maximizing resource productivity
Answer: functional strategy

Demand is determined by
Answer: all of the above

These are concerned with how the component parts of an organization deliver effectively the corporate, business and functional -level strategies in terms of resources, processes and people
Answer: operating strategy

in general, refers to how a given objective will be achieved.
Answer: strategy

defines the markets and the businesses in which a company will operate
Answer: corporate strategy

Factors Affecting Competitive Industry
Answer: all of the above

The acquisition of a firm in the same industry as the bidder is called a acquisition.
Answer: horizontal

The acquisition of a firm whose business is not related to that of the bidder is called a acquisition.
Answer: conglomerate

top management encourages individuals and teams to develop and champion proposals for new product lines and new business ventures.
Answer: corporate intrapreneur approach

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