Testbank For
STRATEGIC MANAGEMENT
6THEDITION Rothaer Melfrank
J
,Table Of Contents
Part One: Analysis
Chapter 1: What Is Strategy?
Chapter 2: Strategic Leadership: Managing The Strategy Process
Chapter 3: External Analysis: Industry Structure, Competitive Forces, And Strategic
Groups
Chapter 4: Internal Analysis: Resources, Capabilities, And Core Competencies
Chapter 5: Shared Value And Competitive Advantage
Part Two: Formulation
Chapter 6: Business Strategy: Differentiation, Cost Leadership, And Blue Oceans
Chapter 7: Business Strategy: Innovation, Entrepreneurship, And Platforms
Chapter 8: Corporate Strategy: Vertical Integration And Diversification
Chapter 9: Corporate Strategy: Strategic Alliances, Mergers And Acquisitions
Chapter 10: Global Strategy: Competing Around The World
Part Three: Implementation
Chapter 11: Organizational Design: Structure, Culture, And Control
Chapter 12: Corporate Governance, Business Ethics, And Business Models
,Chapter 1-12 Answersareattheendofeachchapter
Chapter 1
Studentname:
1) A Good Strategy Allows A Firm To Achievesuperior Performance And Sustainable
Competitive Ad Vantage Without Regardjto Thejexternal Environment.
⊚ True
⊚ False
2) Thejfollowing Statement By The Chief Executive Of Megafilms Movie Studio Should Not
Be Us Ed As A Strategy: “Wejwill Producejthe Greatestjfilms Of The 21st Century.”
⊚ True
⊚ False
3) Thejthree Tasks Of The Afi Strategy Framework Arejto Assemble A Prototype,Jfindja Buyer,
And Inc Orporate Feedback.
⊚ True
⊚ False
4) Questions Asked During The Strategy Analysisjstage Of The Afi Frameworkjshouldjinclude
“Wh At Effects Do Forces In The External Environment Havejon The Firm’s Potential To
Gain And Sustainj A Competitive Advantage?”
⊚ True
⊚ False
, 5) Once A Strategy Has Been Formulated And Implemented, It Is Important Thatjthe Firm Sticks
To Itjnoj Matter What Happens.
⊚ True
⊚ False
6) Because They Are A Crucial Component Of A Firm’s Success, Customers Are Considered
Internal Sta Keholders.
⊚ True
⊚ False
7) A Firm Isjrequired By Society And Its Shareholders To Meet Its Ethical And
Philanthropic Res Ponsibilities.
⊚ True
⊚ False
8) Stakeholder Impact Analysisjprovidesjadecision Tool That Helps Strategic Leaders
Recognizejthe Ne Eds Of Different Stakeholders.
⊚ True
⊚ False
9) Juan Wants Tojopen His Own Hot Dogjrestaurant But Doesn’t Know Anything About Business.
He Ne Eds Help Determiningjwho His Competitionjis, How He Should Craft His Strategy To
Compete And H Ow He’ll Implement His Strategy To Achieve A Competitivejadvantage. He’s
Hired You Tojhelp Him Get Started. As A Result, You Will Probably Use Which Of The
Following?
A) Afi Strategy Framework
B) Red Queen Effect
C) Competitivejbenchmarking
D) Stakeholder Impact Analysis
STRATEGIC MANAGEMENT
6THEDITION Rothaer Melfrank
J
,Table Of Contents
Part One: Analysis
Chapter 1: What Is Strategy?
Chapter 2: Strategic Leadership: Managing The Strategy Process
Chapter 3: External Analysis: Industry Structure, Competitive Forces, And Strategic
Groups
Chapter 4: Internal Analysis: Resources, Capabilities, And Core Competencies
Chapter 5: Shared Value And Competitive Advantage
Part Two: Formulation
Chapter 6: Business Strategy: Differentiation, Cost Leadership, And Blue Oceans
Chapter 7: Business Strategy: Innovation, Entrepreneurship, And Platforms
Chapter 8: Corporate Strategy: Vertical Integration And Diversification
Chapter 9: Corporate Strategy: Strategic Alliances, Mergers And Acquisitions
Chapter 10: Global Strategy: Competing Around The World
Part Three: Implementation
Chapter 11: Organizational Design: Structure, Culture, And Control
Chapter 12: Corporate Governance, Business Ethics, And Business Models
,Chapter 1-12 Answersareattheendofeachchapter
Chapter 1
Studentname:
1) A Good Strategy Allows A Firm To Achievesuperior Performance And Sustainable
Competitive Ad Vantage Without Regardjto Thejexternal Environment.
⊚ True
⊚ False
2) Thejfollowing Statement By The Chief Executive Of Megafilms Movie Studio Should Not
Be Us Ed As A Strategy: “Wejwill Producejthe Greatestjfilms Of The 21st Century.”
⊚ True
⊚ False
3) Thejthree Tasks Of The Afi Strategy Framework Arejto Assemble A Prototype,Jfindja Buyer,
And Inc Orporate Feedback.
⊚ True
⊚ False
4) Questions Asked During The Strategy Analysisjstage Of The Afi Frameworkjshouldjinclude
“Wh At Effects Do Forces In The External Environment Havejon The Firm’s Potential To
Gain And Sustainj A Competitive Advantage?”
⊚ True
⊚ False
, 5) Once A Strategy Has Been Formulated And Implemented, It Is Important Thatjthe Firm Sticks
To Itjnoj Matter What Happens.
⊚ True
⊚ False
6) Because They Are A Crucial Component Of A Firm’s Success, Customers Are Considered
Internal Sta Keholders.
⊚ True
⊚ False
7) A Firm Isjrequired By Society And Its Shareholders To Meet Its Ethical And
Philanthropic Res Ponsibilities.
⊚ True
⊚ False
8) Stakeholder Impact Analysisjprovidesjadecision Tool That Helps Strategic Leaders
Recognizejthe Ne Eds Of Different Stakeholders.
⊚ True
⊚ False
9) Juan Wants Tojopen His Own Hot Dogjrestaurant But Doesn’t Know Anything About Business.
He Ne Eds Help Determiningjwho His Competitionjis, How He Should Craft His Strategy To
Compete And H Ow He’ll Implement His Strategy To Achieve A Competitivejadvantage. He’s
Hired You Tojhelp Him Get Started. As A Result, You Will Probably Use Which Of The
Following?
A) Afi Strategy Framework
B) Red Queen Effect
C) Competitivejbenchmarking
D) Stakeholder Impact Analysis
