In: Nursing
1) _______________ is the process of business expansion due to increasing overall customer base, increased output per customer or representative, new sales, or any combination.
A.) Rapid growth
B.) Incremental growth
C.) Organic growth
D.)Episodic growth
2) Growth including foreign exchange, but excluding divestitures and acquisitions is called ____________.
A.) Plateau growth
B) Core growth
C.) Inorganic growth
D.) Rapid growth
3) All of the following are actions to create organic growth except_________.
A.) Changing the price
B.) Producing improved or better products
C.) Increasing capital expenditure
D.) Selling in the same location
4) Which of the following statements limits organic growth? Organic growth gives corporations:
A.) Dilution of control and ownership
B.) Better control and coordination
C.) Relatively inexpensive
D.) The ability to maintain corporate culture
5) Entering a market by acquisition enables an organization to
A.) obtain the most talented individuals in a market
B.) ensure the continuity of an established, profitable product
C.) enter a market most rapidly
D.) increase company profits most rapidly
6) Which of the following is an example of horizontal expansion?
A.) A hospital acquiring an HMO
B.) An insurance company acquiring a physician group practice
C.) A pharmaceutical company acquiring a medical supply company
D.) An academic medical center acquiring a specialized hospital
7) Which of the following is an example of vertical expansion?
A.) An insurance company acquiring a hospital
B.) A global cloud communications software and solutions provider, acquired Healthcare Communications, a patient services provider
C.) A pharmaceutical company acquiring a medical supply company
D.) CVS Health acquiring AETNA (an insurance company).
E.) All of the above
F.) A and D only
8) The __________________ states that private parties can find efficient solutions to externalities without government intervention.
A.) Coase Theorem
B.) Zahorski Theorem
C.) Zariski's Main Theorem
D.) None of the above
9) Transfer pricing is used to
A.) charge for goods and services within a company
B.) charge frequent customers for non-price services
C.) align goals across vertically integrated companies
D.) provide feedback on company profitability
10) Many organizations attempt to establish prices that, on average, are higher than those set by their more important competitors.
A.) True
B.) False
11) While some firms are positioned to price above competition, others wish to carve out a market niche by pricing below competitors.
A.) True
B.) False
12) Price wars usually occur when a business believes that price-cutting produces increased market share, but does not have a true cost advantage.
A.) True
B.) False
13) _______________competition involves firms distinguishing their products from competing products based on attributes other than price.
A.) Direct
B.) Indirect
C.) Phantom
D.) Non-price
14) Which of the following limitations of organic growth will cause communication to be handled with more care?
A.)Diseconomies of scale
B.) Overtrading
C.) Need to restructure
D.) Dilution of control or ownership
15) Organic growth includes which of the following
A.) Changing the price
B.) Offering customers preferential credit payment terms
C.) Improving training and development
D.) All of the above
16) _____________ refers to the aspect of corporate strategy, corporate finance, and management dealing with the buying and selling of different companies and similar entities that can help an enterprise grow rapidly.
A.) Vertical Integration
B.) Horizontal integration
C.) Mergers and acquisitions
D.) Diversification
17) Economies of scope make product diversification efficient if they are based on a similar common use.
A.) True
B.) False
18) Integrating successive stages in the production and marketing process under the ownership or control of a single management organization.
A.) Vertical integration
B.) Horizontal integration
C.) Diversification
D.) Mergers and acquisitions
19) The merger or acquisition of new business operations.
A.) Vertical Integration
B.) Diversification
C.) Horizontal integration
D.) Mergers and acquisitions
20) A corporate strategy in which a company acquires or establishes a business other than that of its current product.
A.) Vertical Integration
B.) Diversification
C.) Horizontal integration
D.) Mergers and acquisitions
21) A/an _______________ is a new business that is jointly owned by two or more otherwise independent businesses.
A.) Diversified business
B.) Alliance
C.) Joint venture
D.) Merger
22) A/an _____________is formed between two or more corporations, each based in their home country, for a specified period of time.
A.) Diversified business
B.) Alliance
C.) Joint venture
D.) Merger
23) A ___________is a combination of organizations in which each abandons its previous brand and business models, creating a new organization with the combined capacities of each one.
A.) Acquisition
B.) Alliance
C.) Joint venture
D.) Merger
24) In a/an _____________one organization buys out another, with the acquired company usually placing its processes under the brand name of the acquirer.
A.) Acquisition
B.) Alliance
C.) Joint venture
D.)Merger
25) __________occurs when a company penetrates a market in which current products already exist.
A.) Market penetration
B.) New product development
C.) Market development
D.) Strategy
26) In reference to consolidation, cultural conflicts between two different organizations are common, because the mission, vision, and values of the individuals and groups within them are likely to differ.
A.) True
B.) False
27) ___________________ involves determining whether all parties have realistic objectives; forming high-caliber negotiating teams; defining each partner’s contributions and rewards as well as protecting any proprietary information; addressing termination clauses and penalties for poor performance; and highlighting the degree to which arbitration procedures are clearly stated and understood.
A.) Alliance termination
B.) Contract negotiation
C.) Partner assessment
D.) Strategy development
28) ____________is an organization ‘s strategic guide to pursuing various geographic markets.
A.) Mission
B.) Vision
C.) Emergent strategy
D.) Global strategy
29) Which of the following is a potential benefit of a strategic alliance?
A.) Locking in supply chain
B.) Building credibility with customers
C.)Pooling expensive resources and share development
D.) All of the above
30) M&A is different from joint ventures and other forms of strategic alliance, as mergers or acquisitions aim to create a single organization.
A.) True
B.) False
1.Organic growth the process of business expansion due to increasing overall customer base, increased output per customer or representative, new sales, or any combination.
While other options are incorrect because rapid growth , incremental growth and episodic growth doesn't involve overall customer base increament so Correct option is C
2. Growth including foreign exchange, but excluding divestitures and acquisitions is called core growth. That is option B
Other options are incorrect as plateau growth , inorganic growth and rapid growth don't include foreign exchange but excludin diverstitures and acquisitions .
3. All of the following are actions to create organic growth except
Option D it should be selling in different locations and not same location thus option d is correct option as asked exception.
While other options are correct as actions to create organic growth is Changing the pricer Producing improved or better products increasing capital expenditure
Note - number of questions are done as time permitted
PLEASE UPVOTE IF YOU FIND IT SATISFACTORY. COMMENT IF ANY DOUBT.