1. Heavy investment in dogs (BCG Matrix) will help take advantage of the market's growth and help maintain high market share. True False Question 2 1. An SBU is distict from something that can be categorized as a corporation. True False Question 3 1. "In BCG matrix, a business unit that has a low anticipated growth rate but a high market share is known as a cash cow." True False Question 4 1. "In the BCG matrix, a business unit that has a high anticipated growth rate but a low market share is known as a star." True False Question 5 1. A company that competes by offering unique products that are widely valued by customers is following a differentiation strategy. True False Question 6 1. "When a totally new product, such as laser discs years ago, is introduced, it would be considered a dog according to the BCG matrix." True False Question 7 1. It is good for the firm if the bargaining power of supplier is high. True False Question 8 1. "In the BCG matrix, a cash cow has a low anticipated growth rate and a low market share." True False Question 9 1. "When a company combines with firms in different and dissimilar industries, it indulges in unrelated diversification." True False Question 10 1. Star is the worst condition for a frm as per the BCG Matrix. True False Question 11 1. A cost leadership strategy requires a firm to maintain lowest cost structure. True False Question 12 1. Renewal strategies address declining performance through retrenchment and turnaround strategies. True False Question 13 1. A company that competes by offering unique products that are widely valued by customers is following a cost leadership strategy. True False Question 14 1. An organization that initially brings a product innovation to the market is known as the first mover. True False Question 15 1. "In an organization, the single independent businesses which formulate their own competitive strategies are known as ________." Strategic Business Unit Functional Unit Corporation Question 16 1. Which of the following strategies involves a cost advantage or a differentiation advantage in a narrow segment? niche strategy focus strategy functional strategy leadership strategy Question 17 1. "In an organization, the single independent businesses which formulate their own competitive strategies are known as function." True False Question 18 1. Heavy investment in ________ will help take advantage of the market's growth and help maintain high market share. cash cows stars question marks dogs Question 19 1. SBU Stands for ___________. Strategic Business Unit Short Business Unit Standard Business Unit Question 20 1. Strategy should always be flexible in nature. True False