BSG TEST EXAM QUESTIONS AND ANSWERS 2025

Which of the following is not among the choices and decisions a company makes in crafting its strategy - ANSWERHow to boost the company's credit rating and stock price A company's strategy evolves from one version to the next - ANSWERas managers abandon obsolete or ineffective strategy elements, settle upon a set of proactive strategy elements, and then as new circumstance unfold-- make adaptive strategic adjustments, which gives rise to reactive strategy elements A winning strategy is one that - ANSWERfits the company's internal and external situation, improves company performance, and helps achieve sustainable competitive advantage Crafting and executing strategy are top-priority managerial task because - ANSWERhow well a company performs and the degree of market success it achieves are directly attributable to the caliber of its strategy and the proficiency with which strategy is executed the heart and soul of any strategy - ANSWERis the actions and moves in the marketplace that managers are taking to gain a competitive advantage over rivals Which of the following is not one of the reasons that a company's strategy evolves over time - ANSWERthe need on the part of company mangers to make regular strategy adjustments so as to keep rivals off balance and always guessing about what moves it will make next