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Exam (elaborations)

MHA 709 Test 3: PowerPoints Chapters 5, 6, & 7 Exam Questions and Answers with Verified Solutions | Latest Updated 2026

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MHA 709 Test 3: PowerPoints Chapters 5, 6, & 7 Exam Questions and Answers with Verified Solutions | Latest Updated 2026

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MHA 709 Test 3: PowerPoints Chapters 5, 6,
& 7 Exam Questions and Answers with
Verified Solutions | Latest Updated 2026



What is the difference between Strategic thinking involves intuition and
strategic thinking and strategic creativity,
planning? while strategic planning focuses on
analysis and
how to achieve future goals.


Who distinguished between Mintzberg (1994) and Robert (1998)
strategic highlighted the
thinking and strategic planning? differences.


What is the outcome of strategic An integrated perspective of the
thinking? enterprise.


What are the four types of 1. Strong strategic vision and manage
companies in strategic thinking? operations; 2.
Successful through good operational
management
but unclear of future direction; 3. Excellent
strategic thinkers with low implementation;
4. Poor
in both dimensions.


What does strategic planning lead Incremental change, small gains in market
to share,
according to Hamel and Prahalad and modest profitable niches.
(1995)?

, What are Hamel's five ways to 1. Involve new voices; 2. Create new
develop better strategy? conversations;
3. Ignite new passions; 4. Develop new
perspectives; 5. Encourage new
experiments.


What does Hamel (1998) suggest Creating innovative conditions rather than
senior staff should focus on? developing the perfect strategy.


What are the two goals of the new To build prepared minds and creative
process for effective strategy minds.
proposed by Beinhocker and
Kapal
(2002)?


What is scenario planning A method to capture a range of
according possibilities and
to Schoemaker (1995)? simulate decision-making.


When should scenario planning be In conditions of high uncertainty, costly
used? surprises,
low quality of strategic thinking, and
significant
industry changes.


What techniques do Jennings, Decision analysis and game theory.
Clay,
and Carr (2000) promote for
addressing future uncertainties?

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