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Strategic Mgmt EXAM Questions and
Answers
According to the external control view of leadership, which of the
following factors would not be considered an external factor that
might positively or negatively affect a firm's success?
A) economic downturns
B) governmental legislation
C) outbreak of war
D) company employee morale Ans: D) company employee morale
An executive states that HR must be a true partner of the business,
with a deep and up-to-date understanding of business realities and
objectives, and must ensure HR initiatives fully support them at all
points of the values chain. This is an example of?
A)interrelationships among firms
B)relationships among activities within the firm and with other
stakeholders
C)relationships between firms
D)interrelationships among activities within the firm Ans:
D)interrelationships among activities within the firm
Ambidextrous behaviors in individuals illustrate how a dual
capacity for _______ can be woven into the fabric of an
organization at the individual level.
A. alignment and adaptability
B. alignment and transparency
© 2025 All rights reserved
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C. alignment and internal linkages
D. alignment and efficiency Ans: D. alignment and efficiency
Indochino is a retailer of male clothing that sells custom-made
suits online and in brick-and-mortar stores. They use ________
operations to outcompete traditional retailers.
A)Traditional
B)Unscaled
C)Scaled
D)Reverse Ans: C)Scaled
A resource is valuable and rare but neither difficult to imitate not
without substitutes. This should enable the firm to attain Ans: A
temporary competitive advantage
IP is characterized by __________ development costs and very
______ marginal costs.
A. insignificant; low
B. expensive; high
C. significant; low
D. insignificant; high Ans: C. significant; low
Firms that use AI to produce improved predictions and evaluations
with the direct intervention of a human programmer or statistician
have a high degree of sustainability because the combine aspects
of ________ and ________ that make it difficult to imitate their
resource bases.
A) path dependence, efficient procedures
B) casual ambiguity, efficient procedures
© 2025 All rights reserved
Strategic Mgmt EXAM Questions and
Answers
According to the external control view of leadership, which of the
following factors would not be considered an external factor that
might positively or negatively affect a firm's success?
A) economic downturns
B) governmental legislation
C) outbreak of war
D) company employee morale Ans: D) company employee morale
An executive states that HR must be a true partner of the business,
with a deep and up-to-date understanding of business realities and
objectives, and must ensure HR initiatives fully support them at all
points of the values chain. This is an example of?
A)interrelationships among firms
B)relationships among activities within the firm and with other
stakeholders
C)relationships between firms
D)interrelationships among activities within the firm Ans:
D)interrelationships among activities within the firm
Ambidextrous behaviors in individuals illustrate how a dual
capacity for _______ can be woven into the fabric of an
organization at the individual level.
A. alignment and adaptability
B. alignment and transparency
© 2025 All rights reserved
, 2 | Page
C. alignment and internal linkages
D. alignment and efficiency Ans: D. alignment and efficiency
Indochino is a retailer of male clothing that sells custom-made
suits online and in brick-and-mortar stores. They use ________
operations to outcompete traditional retailers.
A)Traditional
B)Unscaled
C)Scaled
D)Reverse Ans: C)Scaled
A resource is valuable and rare but neither difficult to imitate not
without substitutes. This should enable the firm to attain Ans: A
temporary competitive advantage
IP is characterized by __________ development costs and very
______ marginal costs.
A. insignificant; low
B. expensive; high
C. significant; low
D. insignificant; high Ans: C. significant; low
Firms that use AI to produce improved predictions and evaluations
with the direct intervention of a human programmer or statistician
have a high degree of sustainability because the combine aspects
of ________ and ________ that make it difficult to imitate their
resource bases.
A) path dependence, efficient procedures
B) casual ambiguity, efficient procedures
© 2025 All rights reserved
