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According to Figure 1.1, which of the following is not something to
look for in identifying a company's strategy? - ANSWER-Actions to
boost the company credit rating and stock price
Among all the things managers do, nothing affects a company's
ultimate success or failure more fundamentally than - ANSWER-How
well its management team charts the company's direction, develops
competitively effective strategic moves and business approaches, and
pursues what needs to be done internally to produce good day-to-day
strategy execution and operating excellence
, Which of the following is not something a company's strategy is
concerned with? - ANSWER-Management's choice of which of several
alternative business models to employ in delivering value to
customers and to shareholders
Which one of the following does not account for why a company's
strategy evolves over time, as shown in Figure 1.2 and explained in the
accompanying text discussion? - ANSWER-Managerial preferences for
keeping the life-cycle of any given strategy short
Which one of the following statements about whether a company's
strategy can be considered ethical is true? - ANSWER-Just keeping a
company's strategic actions within the bounds of what is legal does
not mean the strategy is ethical
A company's strategy can be considered "ethical" - ANSWER-If it does
not entail actions or behaviors that cross the moral line from "can do"
to "should not do"
(Because such actions are unsavory, unconscionable, injurious to
others, or unnecessarily harmful to
the environment).
A company's business model - ANSWER-Is management's blueprint for
delivering a valuable product or service to customers in a manner that
will generate revenues sufficient to cover costs and yield an attractive
profit
Which one of the following is not a reason that a company's strategy
evolves over time? - ANSWER-The ongoing need to frequently pursue
entirely new ways to cut costs and boost profitability