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Test Bank for Strategic Management Concepts and Cases, 14th Edition by Michael A. Hitt.pdf

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Test Bank for Strategic Management Concepts and Cases, 14th Edition by Michael A. H

Institution
Strategic Management Concepts And Ca
Course
Strategic Management Concepts and Ca











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Written for

Institution
Strategic Management Concepts and Ca
Course
Strategic Management Concepts and Ca

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Uploaded on
November 17, 2025
Number of pages
500
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers

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TESTBANKForStrategic ManagementConceptsandCases
Competitiveness and Globalization 14th Edition by Hitt,
Ireland, Hoskisson, Harrison
All Chapters

, TABLEOF CONTENTS J J




Part I: STRATEGIC MANAGEMENT INPUTS.
J J J J




1. Strategic Management and Strategic Competitiveness.
J J J J




2. The External Environment: Opportunities, Threats, Industry Competition, and C
J J J J J J J J



ompetitor Analysis. J




3. The Internal Organization: Resources, Capabilities, Core Competencies, and C
J J J J J J J J



ompetitiveAdvantages. J




Part II: STRATEGIC ACTIONS: STRATEGY FORMULATION.
J J J J J




4. Business-Level Strategy. J




5. Competitive Rivalry and Competitive Dynamics. J J J J




6. Corporate-Level Strategy. J




7. Merger and Acquisition Strategies and Restructuring.
J J J J J




8. International Strategy. J




9. Cooperative Strategy. J




Part III: STRATEGIC ACTIONS: STRATEGY IMPLEMENTATION.
J J J J J




10. Corporate Governance. J




11. Organizational Structure and Controls. J J J




12. Strategic Leadership. J




13. StrategicEntrepreneurship. J J




Part IV: CASE STUDIES.
J J J




C1 -J




Preparing an Effective Case Analysis. 20 Lea
J J J J J J J




ding Business Cases.
J J

,Chapter 01 - Strategic Management and Strategic Competitiveness
J J J J J J J



TrueJ/JFalse

1. TheJdifferenceJbetweenJaverageJandJabove-
averageJreturnsJisJthatJaverageJreturnsJareJreturnsJthatJanJinvestorJexpectsJtoJearnJfromJanJinvestmentJasJcomparedJtoJot
herJinvestmentsJwithJsimilarJstockJprices,JwhileJabove-
averageJreturnsJareJinJexcessJofJexpectationsJforJsimilarlyJpricedJstocks.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: 1-1JAnJOverviewJofJStrategyJandJStrategicJCompetitiveness
QUESTIONJTYPE: TrueJ/JFalse
HASJVARIABLES: False
LEARNINGJOBJECTIVES:JSM.HITT.24.01.01J-
JDefineJstrategicJcompetitiveness,Jstrategy,JcompetitiveJadvantage,Jabove-

averageJreturns,JandJtheJstrategicJmanagementJprocess.
NATIONALJSTANDARDS:J UnitedJStatesJ-JBUSPROG:JAnalyticJ|JTechnologyJ-JBUSPROG:JAnalytic
KEYWORDS: Bloom's:JAnalyze
DATEJCREATED: 4/19/2023J5:02JPM
DATEJMODIFIED: 4/19/2023J5:02JPM

2. ParticularlyJwhenJassessingJinvestmentsJinJnewJventureJfirms,JtheJmostJeffective,JandJoftenJtheJonly,JwayJtoJmeasu
reJtheJperformanceJofJtheJfirmsJandJdetermineJtheirJviabilityJasJanJinvestmentJoptionJisJtoJexamineJfinancialJmetricsJsuc
hJasJreturnsJonJassets,JandJsales.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: 1-1JAnJOverviewJofJStrategyJandJStrategicJCompetitiveness
QUESTIONJTYPE: TrueJ/JFalse
HASJVARIABLES: False
LEARNINGJOBJECTIVES:JSM.HITT.24.01.01J-
JDefineJstrategicJcompetitiveness,Jstrategy,JcompetitiveJadvantage,Jabove-

averageJreturns,JandJtheJstrategicJmanagementJprocess.
NATIONALJSTANDARDS:J UnitedJStatesJ-JBUSPROG:JAnalyticJ|JTechnologyJ-JBUSPROG:JAnalytic
KEYWORDS: Bloom's:JAnalyze
DATEJCREATED: 4/19/2023J5:02JPM
DATEJMODIFIED: 4/19/2023J5:02JPM

3. ExamplesJofJincrementalJinnovationsJincludeJiPads,JWi-Fi,JandJtheJwebJbrowser.
a. True
b. False
ANSWER: False
POINTS: 1

, DIFFICULTY: Moderate
REFERENCES: 1-2JTheJCompetitiveJLandscape

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