STRAMA TESTBANK FOR PRELIMS CH1-4 BSA BA 15
Chapter 01: Creating Competitive Advantages True / False Questions 1. Hewlett-Packard's failure and success under the leadership first of Carly Fiorina and then of Mark Hurd was said to be a direct result of the quality of leadership of each of these CEOs. According to the text, this would be an example of the "romantic" perspective of leadership. 2. Strategic management consists of the analyses, decisions, and actions an organization undertakes in order to create and sustain competitive advantages. 3. Strategic management is concerned with the analysis of strategic goals as stated in the vision, mission, and strategic objectives of a firm. 4. The three interrelated and principal activities of strategic management are: strategy analysis, strategy formulation, and strategy implementation. Strategic management is not concerned with how to create competitive advantage
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chapter 01 creating competitive advantages true false questions 1 hewlett packards failure and success under the leadership first of carly fiorina and then of mark hurd was said to be a dire