STRATEGICMANAGEMENT6THEDITION
ROTHAERMELFRANK
ISBN978-1266191862
,
,Chapter 1-12 AnswersareattheEndof̣EachChapter
J J
Chapter 1 J
Student name:
J
1)AJgoodJstrategyJallowsJaJf̣irmJtoJachieveJsuperiorJperf̣ormanceJandJsustainableJcompetitiveJad
vantageJwithoutJregardJtoJtheJexternalJenvironment.
⊚J true
⊚J f̣alse
2)TheJf̣ollowingJstatementJbyJtheJchief̣JexecutiveJof̣JMegaFilmsJmovieJstudioJshouldJnotJbeJus
edJasJaJstrategy:J“WeJwillJproduceJtheJgreatestJf̣ilmsJof̣JtheJ21stJcentury.”
⊚J true
⊚J f̣alse
3)TheJthreeJtasksJof̣JtheJAFIJstrategyJf̣rameworkJareJtoJAssembleJaJprototype,JFindJaJbuyer,JandJInc
orporateJf̣eedback.
⊚J true
⊚J f̣alse
4)QuestionsJaskedJduringJtheJstrategyJanalysisJstageJof̣JtheJAFIJf̣rameworkJshouldJincludeJ“Wh
atJef̣f̣ectsJdoJf̣orcesJinJtheJexternalJenvironmentJhaveJonJtheJf̣irm’sJpotentialJtoJgainJandJsustainJ
aJcompetitiveJadvantage?”
⊚J true
⊚J f̣alse
, 5)OnceJaJstrategyJhasJbeenJf̣ormulatedJandJimplemented,JitJisJimportantJthatJtheJf̣irmJsticksJtoJitJnoJ
matterJwhatJhappens.
⊚J true
⊚J f̣alse
6)BecauseJtheyJareJaJcrucialJcomponentJof̣JaJf̣irm’sJsuccess,JcustomersJareJconsideredJinternalJsta
keholders.
⊚J true
⊚J f̣alse
7)AJf̣irmJisJrequiredJbyJsocietyJandJitsJshareholdersJtoJmeetJitsJethicalJandJphilanthropicJres
ponsibilities.
⊚J true
⊚J f̣alse
8)StakeholderJimpactJanalysisJprovidesJaJdecisionJtoolJthatJhelpsJstrategicJleadersJrecognizeJtheJne
edsJof̣Jdif̣f̣erentJstakeholders.
⊚J true
⊚J f̣alse
9)JuanJwantsJtoJopenJhisJownJhotJdogJrestaurantJbutJdoesn’tJknowJanythingJaboutJbusiness.JHeJne
edsJhelpJdeterminingJwhoJhisJcompetitionJis,JhowJheJshouldJcraf̣tJhisJstrategyJtoJcompeteJandJh
owJhe’llJimplementJhisJstrategyJtoJachieveJaJcompetitiveJadvantage.JHe’sJhiredJyouJtoJhelpJhimJ
getJstarted.JAsJaJresult,JyouJwillJprobablyJuseJwhichJof̣JtheJf̣ollowing?
A)AFIJstrategyJf̣ramework
B)RedJQueenJef̣f̣ect
C)competitiveJbenchmarking
D)StakeholderJImpactJanalysis