[Test Bank] Strategic Management,, Text and Cases 9th Edition by Dess, McNamara, Eisner. Updated !!!!!!

Test Bank for Strategic Management Text and Cases 9th Edition Dess / All
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Chapters 1 - 12 / Full Complete And Updated!!!!
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,TESTBANKSTRATEGIC
MANAGEMENT,TESTANDCASES9TH
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EDITIONBYDESS
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Strategic Management: Text and Cases, 9e (Dess)
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Chapter 1 Strategic Management: Creating Competitive Advantages
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1) Lands' End's failure under the leadership of Ms. Frederica Marchionni was said to be a direct
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uresult of the quality of her leadership. According to the text, this would be an example of the
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u"romantic" perspective of leadership.
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Answer: TRUE u


Explanation: In the romantic view of leadership, the implicit assumption is that the leader is the
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ukey force in determining an organization's success or lack thereof. Under Ms. Marchionni's
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uleadership, the company reported a 19.5-million-dollar loss for 2016 after having reported a
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u73.8-million-dollar profit for the previous year under its previous CEO.
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Difficulty: 2 Medium u u


Topic: Strategy and the Strategic Management Process
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Learning Objective: 01-01 The definition of strategic management and its four key attributes.
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uBloom's: Understand u


AACSB: Analytical Thinking
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uAccessibility: Keyboard Navigation u u




2) Strategic management consists of the analyses, decisions, and actions an organization
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uundertakes in order to create and sustain competitive advantages.
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Answer: TRUE u


Explanation: According to the textbook, this is the definition of strategic management.
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uDifficulty: 1 Easy u u


Topic: Strategy and the Strategic Management Process
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Learning Objective: 01-01 The definition of strategic management and its four key attributes.
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uBloom's: Remember u


AACSB: Knowledge Application
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uAccessibility: Keyboard Navigation u u




3) Management innovations such as total quality, just-in-time, benchmarking, business process
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ureengineering, and outsourcing are important but not enough for building sustainable competitive
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uadvantage.

Answer: TRUE u


Explanation: Sustainable competitive advantage cannot be achieved through operational
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ueffectiveness alone. Popular management innovations of the last two decades like total quality,
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ujust-in-time, benchmarking, business process reengineering, and outsourcing are concerned with
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uoperational effectiveness. u


Difficulty: 2 Medium u u

,Topic: Strategy and the Strategic Management Process
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Learning Objective: 01-01 The definition of strategic management and its four key attributes.
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uBloom's: Understand
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AACSB: Analytical Thinking
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uAccessibility: Keyboard Navigation
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4) Trade-off decisions between effectiveness and efficiency are important in the practice of
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, strategic management.
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Answer: TRUE u


Explanation: The fourth attribute of strategic management is that it involves the recognition of
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utrade-offs between effectiveness and efficiency. Some authors have referred to this as the
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udifference between doing the right thing (effectiveness) and doing things right (efficiency).
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Difficulty: 2 Medium u u


Topic: Strategy and the Strategic Management Process
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Learning Objective: 01-01 The definition of strategic management and its four key attributes.
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uBloom's: Understand u


AACSB: Analytical Thinking
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uAccessibility: Keyboard Navigation u u




5) According to Henry Mintzberg, a management scholar, most firms do not realize their original
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uintended strategy. u




Answer: TRUE u


Explanation: Henry Mintzberg states that the intended strategy rarely survives in its original
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uform. Unforeseen environmental developments, unanticipated resource constraints, or changes in
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umanagerial preferences may result in at least some parts of the intended strategy remaining
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uunrealized. On the other hand, good managers will want to take advantage of a new opportunity
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upresented by the environment, even if it was not part of the original set of intentions.
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Difficulty: 2 Medium u u


Topic: Strategy and the Strategic Management Process
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Learning Objective: 01-02 The strategic management process and its three interrelated and
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uprincipal activities. u


Bloom's: Understand u


uAACSB: Analytical Thinkingu u


Accessibility: Keyboard Navigation u u




6) The final realized strategy of a firm is a combination of deliberate and time-tested strategies
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uonly.

Answer: FALSE u


Explanation: Realized strategy is that strategy of a firm in which organizational decisions are
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udetermined byboth analysis and unforeseen environmental developments, unanticipated resource
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uconstraints, and/or changes in managerial preferences.
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Difficulty: 2 Medium u u


Topic: Strategy and the Strategic Management Process
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Learning Objective: 01-02 The strategic management process and its three interrelated and
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uprincipal activities. u


Bloom's: Understand u


AACSB: Knowledge Application
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uAccessibility: Keyboard Navigation u u