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BU470 Online Exam 8 SCORE 100 PERCENT
Question 1 5 / 5 points
Which of the following is not one of the unique strategies that have been developed for not-for-profit organizations in order to cope with changing environmental conditions?
Question options:
Cause-related marketing
Not-for-profit marketing alliances
Licensing
Direct investment
Question 2 5 / 5 points
Research on community arts organizations has indicated that Porter's strategies of ________ are utilized.
Question options:
cost leadership, innovation, and focus
differentiation and focus
innovation and focus
cost leadership, differentiation, and focus
Question 3 5 / 5 points
The not-for-profit marketing alliance is an extension of:
Question options:
mergers and acquisitions.
divestment.
cause-related marketing.
licensing.
Question 4 5 / 5 points
Which of these is NOT a characteristic of entrepreneurial ventures?
Question options:
Little impact on industry
Innovative practices
Pursue opportunities
Have growth and profitability as main goals
Question 5 5 / 5 points
Charles Hanson just opened Chuck's Bikes and Trikes, a motorcycle repair facility. Charles has 25 employees even though the repair facility is located in a small rural town. Chuck's Bikes and Trikes is an example of:
Question options:
an entrepreneurial venture.
a small business.
an innovative business.
All of the answer choices are correct.
Question 6 5 / 5 points
Small businesses are independent businesses that have fewer than ________ employees.
Question options:
100
200
300
500
Question 7 5 / 5 points
An example of a cause-related NFP is:
Question options:
Camp Fire.
the University of Minnesota.
Save the Whales.
Bill and Melinda Gates Foundation.
Question 8 5 / 5 points
A strategic advantage of entrepreneurial ventures/small businesses over large businesses is:
Question options:
economics of scale.
flexibility.
marketing options.
distribution.
Question 9 5 / 5 points
An alliance in which the not-for-profit organization proposes and initiates the partnership is referred to as:
Question options:
a not-for-profit marketing alliance.
cause-related marketing.
effect-related marketing.
licensing.
Question 10 5 / 5 points
To evaluate strategy, there must be a connection between the evaluation and the ________ of the not-for-profit organization.
Question options:
revenues
goals
objectives (moderate)
goals and objectives
Question 11 5 / 5 points
Small businesses and entrepreneurial ventures are the driving force of change in the process of:
Question options:
market positioning.
strategic positioning.
creative destruction.
competitor interrelationships.
Question 12 5 / 5 points
According to the Global Entrepreneurship Monitor (GEM) 2011 report, there are more than ________ million entrepreneurs in the 54 countries covered.
Question options:
25
36
400
250
Question 13 5 / 5 points
All of the following are part of the strategic management process for small businesses except:
Question options:
strategy analysis.
strategy formation.
strategy evaluation.
strategy implementation.
Question 14 5 / 5 points
Small businesses account for ________ percent of the private sector output.
Question options:
10
20
25
50
Question 15 5 / 5 points
The strategic management process differs for small businesses and entrepreneurial ventures when compared to larger organizations because small businesses and entrepreneurial ventures have:
Question options:
inexperienced managers.
limited resources.
smaller organizational objectives.
low growth potential.
Question 16 5 / 5 points
A business that is characterized by innovative strategic practices and which has as its main goals profitability and growth is called:
Question options:
a small business.
an entrepreneurial venture.
strategically positioned.
a cash cow.
Question 17 5 / 5 points
Both public sector and not-for-profit organizations must develop a ________ to ensure their continued existence.
Question options:
competitive advantage
strong management pool
lobbying group
link with companies
Question 18 5 / 5 points
Chuck Hanson encourages his employees to come with new ideas and ways to do business to replace existing practices. This process is called:
Question options:
destructive creativity.
innovation.
creative destruction.
applied creativity.
Question 19 5 / 5 points
A strategic partnership between a not-for-profit organization and a corporate partner is referred to as:
Question options:
licensing.
strategic piggybacking.
a not-for-profit marketing alliance.
cause-related marketing.
Question 20 5 / 5 points
All of the following organizations are examples of social service NFPs except:
Question options:
Junior League.
American Red Cross.
Mothers Against Drunk Drivers.
Academy of Management.
ANSWER WILL BE SENT ON EMAIL.
Which of the following is not one of the unique strategies that have been developed for not-for-profit organizations in order to cope with changing environmental conditions?
Question options:
Cause-related marketing
Not-for-profit marketing alliances
Licensing
Direct investment
Question 2 5 / 5 points
Research on community arts organizations has indicated that Porter's strategies of ________ are utilized.
Question options:
cost leadership, innovation, and focus
differentiation and focus
innovation and focus
cost leadership, differentiation, and focus
Question 3 5 / 5 points
The not-for-profit marketing alliance is an extension of:
Question options:
mergers and acquisitions.
divestment.
cause-related marketing.
licensing.
Question 4 5 / 5 points
Which of these is NOT a characteristic of entrepreneurial ventures?
Question options:
Little impact on industry
Innovative practices
Pursue opportunities
Have growth and profitability as main goals
Question 5 5 / 5 points
Charles Hanson just opened Chuck's Bikes and Trikes, a motorcycle repair facility. Charles has 25 employees even though the repair facility is located in a small rural town. Chuck's Bikes and Trikes is an example of:
Question options:
an entrepreneurial venture.
a small business.
an innovative business.
All of the answer choices are correct.
Question 6 5 / 5 points
Small businesses are independent businesses that have fewer than ________ employees.
Question options:
100
200
300
500
Question 7 5 / 5 points
An example of a cause-related NFP is:
Question options:
Camp Fire.
the University of Minnesota.
Save the Whales.
Bill and Melinda Gates Foundation.
Question 8 5 / 5 points
A strategic advantage of entrepreneurial ventures/small businesses over large businesses is:
Question options:
economics of scale.
flexibility.
marketing options.
distribution.
Question 9 5 / 5 points
An alliance in which the not-for-profit organization proposes and initiates the partnership is referred to as:
Question options:
a not-for-profit marketing alliance.
cause-related marketing.
effect-related marketing.
licensing.
Question 10 5 / 5 points
To evaluate strategy, there must be a connection between the evaluation and the ________ of the not-for-profit organization.
Question options:
revenues
goals
objectives (moderate)
goals and objectives
Question 11 5 / 5 points
Small businesses and entrepreneurial ventures are the driving force of change in the process of:
Question options:
market positioning.
strategic positioning.
creative destruction.
competitor interrelationships.
Question 12 5 / 5 points
According to the Global Entrepreneurship Monitor (GEM) 2011 report, there are more than ________ million entrepreneurs in the 54 countries covered.
Question options:
25
36
400
250
Question 13 5 / 5 points
All of the following are part of the strategic management process for small businesses except:
Question options:
strategy analysis.
strategy formation.
strategy evaluation.
strategy implementation.
Question 14 5 / 5 points
Small businesses account for ________ percent of the private sector output.
Question options:
10
20
25
50
Question 15 5 / 5 points
The strategic management process differs for small businesses and entrepreneurial ventures when compared to larger organizations because small businesses and entrepreneurial ventures have:
Question options:
inexperienced managers.
limited resources.
smaller organizational objectives.
low growth potential.
Question 16 5 / 5 points
A business that is characterized by innovative strategic practices and which has as its main goals profitability and growth is called:
Question options:
a small business.
an entrepreneurial venture.
strategically positioned.
a cash cow.
Question 17 5 / 5 points
Both public sector and not-for-profit organizations must develop a ________ to ensure their continued existence.
Question options:
competitive advantage
strong management pool
lobbying group
link with companies
Question 18 5 / 5 points
Chuck Hanson encourages his employees to come with new ideas and ways to do business to replace existing practices. This process is called:
Question options:
destructive creativity.
innovation.
creative destruction.
applied creativity.
Question 19 5 / 5 points
A strategic partnership between a not-for-profit organization and a corporate partner is referred to as:
Question options:
licensing.
strategic piggybacking.
a not-for-profit marketing alliance.
cause-related marketing.
Question 20 5 / 5 points
All of the following organizations are examples of social service NFPs except:
Question options:
Junior League.
American Red Cross.
Mothers Against Drunk Drivers.
Academy of Management.
ANSWER WILL BE SENT ON EMAIL.
