TEST BANK FOR:
For Strategic Management 5th Edition
By Frank T. Rothaermel Latest Update Graded A+
, STRATEGIC MANAGEMENT
5TH EDITION BY FRANK
T. ROTHAERMEL
Student:
• Teach For America Has An Inspiring Mission But It Also Pays Above-Average
Salaries To Attract Nearly 50,000 Applicants Each Year.
True False
• The Strategic Management Process Describes The Method By Which Managers
Conceive Of And Implement A Strategy That Can Lead To A Sustainable Competitive
Advantage.
True False
• Strategic Intent Is Used By Firms To Help Define
Their Short-Term Objectives.
True False
• A Mission Describes What An Organization Actually Does, What Its
Business Is, And Why It Does It.
True False
• A Company's Mission Should Be Customer-Oriented Because This Helps
The Firm Retain Flexibility In Changing Environments.
True False
• Top-Down Strategic Planning Works Best In More Uncertain Situations Because
The Firm Hand Of Senior Leadership Is Best At Seeing The Future.
True False
• In The Implementation Stage Of Scenario Planning, Managers Will Activate
The Dominant Strategic Plan.
True False
• Organizational Learning And Flexibility Are Enhanced By The Circular
Nature Of Scenario Planning.
True False
• Realized Strategy Is A Top-Down Process By Which Executives Design A
,Rational And Structured Strategic Plan.
True False
, • Intended Strategy Is The Combination Of Emergent
And Realized Strategies
. True False
• A Situation When Part Or All Of A Firm's Strategic Plan Falls By The Wayside
Due To Unexpected Events Is Called An Unrealized Strategy.
For Strategic Management 5th Edition
By Frank T. Rothaermel Latest Update Graded A+
, STRATEGIC MANAGEMENT
5TH EDITION BY FRANK
T. ROTHAERMEL
Student:
• Teach For America Has An Inspiring Mission But It Also Pays Above-Average
Salaries To Attract Nearly 50,000 Applicants Each Year.
True False
• The Strategic Management Process Describes The Method By Which Managers
Conceive Of And Implement A Strategy That Can Lead To A Sustainable Competitive
Advantage.
True False
• Strategic Intent Is Used By Firms To Help Define
Their Short-Term Objectives.
True False
• A Mission Describes What An Organization Actually Does, What Its
Business Is, And Why It Does It.
True False
• A Company's Mission Should Be Customer-Oriented Because This Helps
The Firm Retain Flexibility In Changing Environments.
True False
• Top-Down Strategic Planning Works Best In More Uncertain Situations Because
The Firm Hand Of Senior Leadership Is Best At Seeing The Future.
True False
• In The Implementation Stage Of Scenario Planning, Managers Will Activate
The Dominant Strategic Plan.
True False
• Organizational Learning And Flexibility Are Enhanced By The Circular
Nature Of Scenario Planning.
True False
• Realized Strategy Is A Top-Down Process By Which Executives Design A
,Rational And Structured Strategic Plan.
True False
, • Intended Strategy Is The Combination Of Emergent
And Realized Strategies
. True False
• A Situation When Part Or All Of A Firm's Strategic Plan Falls By The Wayside
Due To Unexpected Events Is Called An Unrealized Strategy.
