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MGMT 352 Final Exam Question and answers rated A+ 2025/2026

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MGMT 352 Final Exam Question and answers rated A+ 2025/2026 Strategy - correct answer strategy is the quest to gain and sustain a competitive advantage. a theory about how to compete successfully A good strategy depends on: - correct answer -the external environment within which it operates -the internal resources and capabilities -economic logic of how firms create and capture value What IS NOT strategy? - correct answer Tactics or maneuvers -Marketing campaign -Pricing changes -Replacing old equipment Operational effectiveness -Having efficient processes -Good morale/ teambuilding An easily reversible action What is counterfactual thinking? - correct answer The counterfactual is the other outcome: what would have happened if you made the other choice

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MGMT 352 Final Exam Question and
answers rated A+ 2025/2026
Strategy - correct answer ✔strategy is the quest to gain and sustain a competitive advantage.

a theory about how to compete successfully



A good strategy depends on: - correct answer ✔-the external environment within which it operates

-the internal resources and capabilities

-economic logic of how firms create and capture value



What IS NOT strategy? - correct answer ✔Tactics or maneuvers

-Marketing campaign

-Pricing changes

-Replacing old equipment

Operational effectiveness

-Having efficient processes

-Good morale/ teambuilding

An easily reversible action



What is counterfactual thinking? - correct answer ✔The counterfactual is the other outcome: what
would have happened if you made the other choice.



CAUSAL RELATONSHIPS/ DIagrams SESSION3 - correct answer ✔



What is a node? - correct answer ✔a box

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