This document contains questions and multiple choice answers for a knowledge check on organizational structures and strategic management techniques. It addresses topics like divisional structure, matrix structure, strategic alliances, limitations of SWOT analysis, value chain analysis, three circles analysis, benchmarking, and activity-based cost accounting. The knowledge check aims to test understanding of key concepts around organizational design and strategic analysis tools commonly used by corporations.

1. Week 3 Knowledge Check
1. The structure of a simple organization
 A. limits the owner's(s') control
 B. (maximizes the owner's(s') control)
 C. minimizes the owner's(s') control
 D. slightly increases the owner's(s') control
2. This structure is one in which a set of relatively autonomous units are
governed by a central corporate office but where each operation has its
own functional specialists who provide products or services that are
different from those of other operations.
 A. (Divisional organizational structure)
 B. Matrix organizational structure
 C. Functional organizational structure
 D. Product-team structure
3. This type of organizational structure combines the advantages of
functional specialization with the advantages of product-project
specialization.
 D. (Matrix structure)
4. Twenty-first-century corporations reflect
 A( interdependency)
 B.the top-down approach
 C.structured interaction
 D.internal focus

2. 5. Today, global means
 A. locating operations in numerous countries
 B. selling goods in overseas markets
 C. using resources from other markets
 D. (getting resources and talent from around the globe and selling
worldwide)
6. This type of organization or structure is one that identifies a set of
business capabilities central to high-profitability operations and then
builds a virtual organization around those capabilities.
 A. Modular organization
 B. Agile organization
 C. Virtual structure
 D. Ambidextrous organization
7. These are arrangements between two or more companies in which they both
contribute capabilities, resources, or expertise to a joint undertaking, usually with
an identity of its own, with each firm giving up overall control in return for the
potential to participate in and benefit from the relationship.
 A. Joint ventures
 B.( Strategic alliances)
 C. Outsourcing agreements
 D. Contractual diversification
8. This is an organization structure most notable for its lack of structure wherein
knowledge and getting it to the right place quickly is the key reason for the
organization.
 A.Modular organization
 B.Joint venture
 C.Learning organization
 D.(Ambidextrous organization)

3. 9. One of the limitations of the SWOT analysis is that it can be
 A.( static)
 B. dynamic
 C. simple
 D. complex
10. One of the limitations of SWOT analysis is that it can do this to a single
strength or element of strategy.
 A. Underemphasize
 B. (Overemphasize)
 C. Misrepresent
 D. Rationalize
11.Value chain analysis takes a
 A. (process point of view)
 B. functional point of view
 C. horizontal point of view
 D. corporate point of view
12.Which of the following is an example of a primary activity in the typical
firm?
 A. Human resources management
 B. Research, technology and systems development
 C. General administration
 D. (Logistics)
13.In VCA, which method of cost accounting is preferred?
A. Activity-based cost accounting
B. Value-based cost accounting
C. Traditional cost accounting
D. Financial cost accounting
13, Organizations that use value chain analysis tend to prefer activity-based cost accounting versus
traditional cost accounting. However, activity-based cost accounting practices can be seen as not time
efficient and rather arbitrary

4. 14.This is an internal analysis technique wherein strategists examine customers’
needs, company offerings, and competitors’ offerings to more clearly articulate
what their company’s competitive advantage is and how it differs from those of
competitors.
 A. Resource-based view
 B. (Three circles analysis)
 C. SWOT analysis
 D. Value chain analysis
15.The first step of this type of analysis involves a firm determining what their
customers value and why they value it.
 A.( Three circles analysis)
 B. Value chain analysis
 C. Resource-based view
 D. SWOT analysis
16.Once a hypothesis about competitive advantage has been developed by a
firm through three circles analysis, it should be tested by
 A.conducting a value chain analysis
 B.asking a panel of experts
 C.(asking customers)
 D.asking the Board of Directors
17.This is a method of comparing the way a company performs a specific
activity with a competitor, potential competitor, or company doing the
same thing.
 A.(Benchmarking)
 B.Imitating
 C.Value chain analysis
 D.Vertical integration

5. 18.Companies committed to this process attempt to isolate and identify where
their costs or outcomes are out of line with what they identify as the best
practices of competitors or other companies or organizations that
undertake similar tasks.
 A.Imitating
 B.Vertical integration
 C.(Benchmarking)
 D.Disaggregating
Week 3 KnowledgeCheck 100%