Strategically plan to maintain low market share

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Reference no: EM132180042

1. For successful smaller businesses, market share may serve as a strategic control barometer, as some businesses may strategically plan to maintain a low market share.

True

False

2. Which of the following is not true about market share?

Some firms seek a high market share.

Some firms seek a low market share.

Increases in market share can enhance firm profitability.

Increases in market share limit the expansion of scale economies.

3. The informal organization

is static.

is flexible.

requires a mandate from top management in order to change.

All of the above.

4. Strategic control may be exerted by all of the following except

the firm’s vice presidents.

top managers of close competitors.

individuals outside of the top management team.

the CEO.

Reference no: EM132180042

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