STRATEGIC MANAGEMENT AND BUSINESS
POLICY GLOBALIZATION INNOVATION
AND SUSTAINABILITY 15TH EDITION
THOMAS L WHEELEN TEST BANK
PRACTICE TEST BANK 2026 TESTED
QUESTIONS WITH ANSWERS GRADED A+
⩥ The act of strengthening employees' sense of effectiveness by
encouraging and rewarding them to participate in decision-making and
exercise initiative and imagination is referred to as:
Authoritarianism
Proaction
Empowerment
Transformation
Delegation. Answer: c) Empowerment
,⩥ What step in the strategic development process involves mobilizing
employees and managers to put strategies into action?
Formulating strategy
Strategy evaluation
Implementing strategy
Strategic advantage
Competitive advantage. Answer: c) Implementing Strategy
⩥ What can be created by ethics training and an ethics culture?
Competitive responsibility
Competitive advantage
Strategic advantage
Employee cooperation
,Comparative advantage. Answer: c) Strategic advantage
⩥ A(n) __________ refers to a firm investing in international operations,
while the _________ is the country where that business is conducted.
parent company; host country
home country; parent company
parent country; host company
host company; home country
exporting company; importing company. Answer: c) parent country; host
company
⩥ All of these are potential disadvantages of an international operation
except:
overestimated weaknesses and underestimated strengths of competitors.
differing languages, cultures and value systems.
, reduced tariffs and taxes.
complexity due to a multiple monetary system.
all of these are potential disadvantages.. Answer: c) reduced tariffs and
taxes
⩥ The purpose of a mission statement is to declare all of these except:
a reason for being.
an annual financial plan.
a statement of purpose.
a statement of beliefs.
whom it wants to serve.. Answer: b) an annual financial plan
⩥ It is recommended that organizations carefully develop a written
mission statement for all of the following reasons except:
POLICY GLOBALIZATION INNOVATION
AND SUSTAINABILITY 15TH EDITION
THOMAS L WHEELEN TEST BANK
PRACTICE TEST BANK 2026 TESTED
QUESTIONS WITH ANSWERS GRADED A+
⩥ The act of strengthening employees' sense of effectiveness by
encouraging and rewarding them to participate in decision-making and
exercise initiative and imagination is referred to as:
Authoritarianism
Proaction
Empowerment
Transformation
Delegation. Answer: c) Empowerment
,⩥ What step in the strategic development process involves mobilizing
employees and managers to put strategies into action?
Formulating strategy
Strategy evaluation
Implementing strategy
Strategic advantage
Competitive advantage. Answer: c) Implementing Strategy
⩥ What can be created by ethics training and an ethics culture?
Competitive responsibility
Competitive advantage
Strategic advantage
Employee cooperation
,Comparative advantage. Answer: c) Strategic advantage
⩥ A(n) __________ refers to a firm investing in international operations,
while the _________ is the country where that business is conducted.
parent company; host country
home country; parent company
parent country; host company
host company; home country
exporting company; importing company. Answer: c) parent country; host
company
⩥ All of these are potential disadvantages of an international operation
except:
overestimated weaknesses and underestimated strengths of competitors.
differing languages, cultures and value systems.
, reduced tariffs and taxes.
complexity due to a multiple monetary system.
all of these are potential disadvantages.. Answer: c) reduced tariffs and
taxes
⩥ The purpose of a mission statement is to declare all of these except:
a reason for being.
an annual financial plan.
a statement of purpose.
a statement of beliefs.
whom it wants to serve.. Answer: b) an annual financial plan
⩥ It is recommended that organizations carefully develop a written
mission statement for all of the following reasons except:
