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Test Bank Strategic Management 6th Edition ( Frank
Rothaermel) All Chapter 1-12| Latest Edition
2025/2026 A+
Page 1 of 420
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Tableof Contents
1. Chap ter 1 What Is Strategy?
2. Chap ter 2 Strategic Leadership : Managing The Strategy Process
3. Chapter 3 External Analysis: Industry Structure, Comp etitive
Forces, And Strategic Group s
4. Chap ter 4 Internal Analysis: Resources, Cap abilities, And Core
Comp etencies
5. Chapter 5 Comp etitive Advantage, Firm Performance, And Business
Models
6. Chapter 6 Business Strategy: Differentiation, Cost Leadership ,
And Blue Oceans
7. Chapter 7 Business Strategy: Innovation, Entrepreneurship , And Platforms
8. Chapter 8 Corporate Strategy: Vertical Integration And Diversification
9. Chapter 9 Corporate Strategy: Strategic Alliances, Mergers And Acquisitions
10. Chap ter 10 Global Strategy: Comp eting Around The World
11. Chap ter 11 Organizational Design: Structure, Culture, And
12. Chap ter 12 Corp orate Governance And Business Ethics
Page 2 of 420
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Chapter1-12
Answers Are At The End Of Each Chapter
Chap ter 1
Student Name:
1) A Good Strategy Allows A Firmto Achieve Superior Perf ormance And
Sustainable Competitive Ad vantage Without Regard To The External
Environment.
⊚ True
⊚ False
2) The Following Statement Bythe Chief Executive Of Megaf ilms Movie Stud io
Should Not Be Used As A Strategy: “We Will Prod uce The Greatest Films Of
The 21st Century.”
⊚ True
⊚ False
3) The Three Tasks Of The Af i Strategy Framework Are Toassemble A Prototype,
Find A Buyer, And I ncorporate Feed back.
⊚ True
⊚ False
4) Questions Asked During The Strategy Analysis Stage Of The Af i Framework
Should I nclud e “What Ef f ects Dof orces I n The External Environment Have On
The Firm’s Potential To Gain And Sustain A Competitive Ad vantage?”
⊚ True
⊚ False
Page 3 of 420
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5) Once A Strategy Has Been Formulated And I mplemented , I t I s I mportant That
Thef irmsticks To I t No Matter What Happens.
⊚ True
⊚ False
6) Because They Are A Crucial Component Of A Firm’s Success, Customers
Are Consid ered I nternal Stakehold ers.
⊚ True
⊚ False
7) A Firmis Required Bysocietyand I ts Sharehold ers Tomeet I ts Ethical And
Philanthropic Responsibilities.
⊚ True
⊚ False
8) Stakeholder I mpact Analysis Providesadecision Tool That Helps Strategiclead ers
Recognize The Need s Of Dif f erent Stakehold ers.
⊚ True
⊚ False
9) Juan Wants Toopen His Own Hot Dog Restaurant But Doesn’t Know Anything
About Business. He Need s Help Determining Who His Competition I s, How He
Should Craf t His Strategy To Compete And How He’ll I mplement His Strategy To
Achieve A Competitive Ad vantage. He’ S Hired You To Help Him Get Started. As
A Result, You Will Probably Use Which Of The Following?
A) Af i Strategy Framework
B) Red Queen Ef f ect
C) Competitive Benchmarking
D) Stakehold er I mpact Analysis
Page 4 of 420
Test Bank Strategic Management 6th Edition ( Frank
Rothaermel) All Chapter 1-12| Latest Edition
2025/2026 A+
Page 1 of 420
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
Tableof Contents
1. Chap ter 1 What Is Strategy?
2. Chap ter 2 Strategic Leadership : Managing The Strategy Process
3. Chapter 3 External Analysis: Industry Structure, Comp etitive
Forces, And Strategic Group s
4. Chap ter 4 Internal Analysis: Resources, Cap abilities, And Core
Comp etencies
5. Chapter 5 Comp etitive Advantage, Firm Performance, And Business
Models
6. Chapter 6 Business Strategy: Differentiation, Cost Leadership ,
And Blue Oceans
7. Chapter 7 Business Strategy: Innovation, Entrepreneurship , And Platforms
8. Chapter 8 Corporate Strategy: Vertical Integration And Diversification
9. Chapter 9 Corporate Strategy: Strategic Alliances, Mergers And Acquisitions
10. Chap ter 10 Global Strategy: Comp eting Around The World
11. Chap ter 11 Organizational Design: Structure, Culture, And
12. Chap ter 12 Corp orate Governance And Business Ethics
Page 2 of 420
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
Chapter1-12
Answers Are At The End Of Each Chapter
Chap ter 1
Student Name:
1) A Good Strategy Allows A Firmto Achieve Superior Perf ormance And
Sustainable Competitive Ad vantage Without Regard To The External
Environment.
⊚ True
⊚ False
2) The Following Statement Bythe Chief Executive Of Megaf ilms Movie Stud io
Should Not Be Used As A Strategy: “We Will Prod uce The Greatest Films Of
The 21st Century.”
⊚ True
⊚ False
3) The Three Tasks Of The Af i Strategy Framework Are Toassemble A Prototype,
Find A Buyer, And I ncorporate Feed back.
⊚ True
⊚ False
4) Questions Asked During The Strategy Analysis Stage Of The Af i Framework
Should I nclud e “What Ef f ects Dof orces I n The External Environment Have On
The Firm’s Potential To Gain And Sustain A Competitive Ad vantage?”
⊚ True
⊚ False
Page 3 of 420
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
5) Once A Strategy Has Been Formulated And I mplemented , I t I s I mportant That
Thef irmsticks To I t No Matter What Happens.
⊚ True
⊚ False
6) Because They Are A Crucial Component Of A Firm’s Success, Customers
Are Consid ered I nternal Stakehold ers.
⊚ True
⊚ False
7) A Firmis Required Bysocietyand I ts Sharehold ers Tomeet I ts Ethical And
Philanthropic Responsibilities.
⊚ True
⊚ False
8) Stakeholder I mpact Analysis Providesadecision Tool That Helps Strategiclead ers
Recognize The Need s Of Dif f erent Stakehold ers.
⊚ True
⊚ False
9) Juan Wants Toopen His Own Hot Dog Restaurant But Doesn’t Know Anything
About Business. He Need s Help Determining Who His Competition I s, How He
Should Craf t His Strategy To Compete And How He’ll I mplement His Strategy To
Achieve A Competitive Ad vantage. He’ S Hired You To Help Him Get Started. As
A Result, You Will Probably Use Which Of The Following?
A) Af i Strategy Framework
B) Red Queen Ef f ect
C) Competitive Benchmarking
D) Stakehold er I mpact Analysis
Page 4 of 420
