Which is not a source of funds for a company to finance a


Question 1.Which of the following is not effective in a reward and incentive program? 

  •   Tying executive bonuses to achieving companywide objectives   
  •   Bonuses that are part of an executive's contract when hired   
  •   Giving managers bonuses for achieving operational objectives   
  •   Profit-sharing bonuses for team performance that meets objectives   
  •   Increased autonomy and more challenging assignments for jobs well done   

Question 2.Setting objectives before deciding on a strategy provides more options and direction.

  •   True
  • False   

Question 3.Policies are a useful guide to formulating strategies. 

  •   True
  • False   

Question 4.Which is not a source of funds for a company to finance a bundle? 

  •   Cash on hand and from operations   
  •   Selling stock if a public company or getting an equity investment   
  •   Retained earnings   
  •   Adding new long-term debt   
  •   Selling fixed assets   

Question 5.Which of the following is a criterion for creating bundles? 

  •   They must not include different strategies   
  •   They must be feasible   
  •   They must invest in other industries   
  •   They must diversify through acquisition   
  •   None of the above   

Question 6.The best criteria to use for evaluating strategic alternatives are those that the company perceives as contributing to "success." 

  •   True
  • False   

Question 7.Which of the following is an example of a partial objective?

  •   Increase throughput by 5%/yr   
  •   Increase revenues by 10%/yr   
  •   Increase NIAT by 15%/yr   
  •   Increase international sales by 10%/yr   
  •   Hire 150 more salesmen next year   

Question 8.Emergent strategies affect all planned strategies.

  •   True
  • False   

Question 9.An adaptive culture is high on which trait?

  •   Open communications   
  •   Learning   
  •   Teamwork   
  •   Individual initiative   
  •   All of the above   

Question 10.GANTT charts and PERT (critical path) software achieve the same purpose. 

  •   True
  • False  

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