Test Bank
Strategic Management,
By Rothaermel Frank,
6th Edition
,Table Of Contents:
Part One: Analysis
Chapter 1: What Is Strategy?
Chapter 2: Strategic Leadership: Managing The Strategy Process
Chapter 3: External Analysis: Industry Structure, Competitive Forces, And Strategic Groups Chapter 4:
Internal Analysis: Resources, Capabilities, And Core Competencies
Chapter 5: Shared Value And Competitive Advantage
Part Two: Formulation
Chapter 6: Business Strategy: Differentiation, Cost Leadership, And Blue Oceans
Chapter 7: Business Strategy: Innovation, Entrepreneurship, And Platforms Chapter
8: Corporate Strategy: Vertical Integration And Diversification
Chapter 9: Corporate Strategy: Strategic Alliances, Mergers And Acquisitions Chapter
10: Global Strategy: Competing Around The World
Part Three: Implementation
Chapter 11: Organizational Design: Structure, Culture, And Control
Chapter 12: Corporate Governanance, Business Ethics And Business Models
,Test Bank For
Strategic Management 6th Edition Rothaermel Frank
Isbn 9781265954574
Chapter 1-12 Answers Are At The End Of Each Chapter
Chapter 1
Student Name:
1) A Good Strategy Allows A Firm To Achieve Superior Performance And
Sustainable Competitive Advantage Without Regard To The External
Environment.
⊚ True
⊚ False
2) The Following Statement By The Chief Executive Of Megafilms Movie Studio
Should Not Be Used As A Strategy: “We Will Produce The Greatest Films Of The
21st Century.”
⊚ True
⊚ False
3) The Three Tasks Of The Afi Strategy Framework Are To Assemble A Prototype, Find
A Buyer, And Incorporate Feedback.
⊚ True
⊚ False
4) Questions Asked During The Strategy Analysis Stage Of The Afi Framework
Should Include “What Effects Do Forces In The External Environment Have On
The Firm’s Potential To Gain And Sustain A Competitive Advantage?”
⊚ True
⊚ False
, 5) Once A Strategy Has Been Formulated And Implemented, It Is Important That The
Firm Sticks To It No Matter What Happens.
⊚ True
⊚ False
6) Because They Are A Crucial Component Of A Firm’s Success, Customers Are
Considered Internal Stakeholders.
⊚ True
⊚ False
7) A Firm Is Required By Society And Its Shareholders To Meet Its Ethical
And Philanthropic Responsibilities.
⊚ True
⊚ False
8) Stakeholder Impact Analysis Provides A Decision Tool That Helps Strategic
Leaders Recognize The Needs Of Different Stakeholders.
⊚ True
⊚ False
9) Juan Wants To Open His Own Hot Dog Restaurant But Doesn’t Know Anything About
Business. He Needs Help Determining Who His Competition Is, How He Should Craft
His Strategy To Compete And How He’ll Implement His Strategy To Achieve A
Competitive Advantage. He’s Hired You To Help Him Get Started. As A Result, You Will
Probably Use Which Of The Following?
A) Afi Strategy Framework
B) Red Queen Effect
C) Competitive Benchmarking
D) Stakeholder Impact Analysis
Strategic Management,
By Rothaermel Frank,
6th Edition
,Table Of Contents:
Part One: Analysis
Chapter 1: What Is Strategy?
Chapter 2: Strategic Leadership: Managing The Strategy Process
Chapter 3: External Analysis: Industry Structure, Competitive Forces, And Strategic Groups Chapter 4:
Internal Analysis: Resources, Capabilities, And Core Competencies
Chapter 5: Shared Value And Competitive Advantage
Part Two: Formulation
Chapter 6: Business Strategy: Differentiation, Cost Leadership, And Blue Oceans
Chapter 7: Business Strategy: Innovation, Entrepreneurship, And Platforms Chapter
8: Corporate Strategy: Vertical Integration And Diversification
Chapter 9: Corporate Strategy: Strategic Alliances, Mergers And Acquisitions Chapter
10: Global Strategy: Competing Around The World
Part Three: Implementation
Chapter 11: Organizational Design: Structure, Culture, And Control
Chapter 12: Corporate Governanance, Business Ethics And Business Models
,Test Bank For
Strategic Management 6th Edition Rothaermel Frank
Isbn 9781265954574
Chapter 1-12 Answers Are At The End Of Each Chapter
Chapter 1
Student Name:
1) A Good Strategy Allows A Firm To Achieve Superior Performance And
Sustainable Competitive Advantage Without Regard To The External
Environment.
⊚ True
⊚ False
2) The Following Statement By The Chief Executive Of Megafilms Movie Studio
Should Not Be Used As A Strategy: “We Will Produce The Greatest Films Of The
21st Century.”
⊚ True
⊚ False
3) The Three Tasks Of The Afi Strategy Framework Are To Assemble A Prototype, Find
A Buyer, And Incorporate Feedback.
⊚ True
⊚ False
4) Questions Asked During The Strategy Analysis Stage Of The Afi Framework
Should Include “What Effects Do Forces In The External Environment Have On
The Firm’s Potential To Gain And Sustain A Competitive Advantage?”
⊚ True
⊚ False
, 5) Once A Strategy Has Been Formulated And Implemented, It Is Important That The
Firm Sticks To It No Matter What Happens.
⊚ True
⊚ False
6) Because They Are A Crucial Component Of A Firm’s Success, Customers Are
Considered Internal Stakeholders.
⊚ True
⊚ False
7) A Firm Is Required By Society And Its Shareholders To Meet Its Ethical
And Philanthropic Responsibilities.
⊚ True
⊚ False
8) Stakeholder Impact Analysis Provides A Decision Tool That Helps Strategic
Leaders Recognize The Needs Of Different Stakeholders.
⊚ True
⊚ False
9) Juan Wants To Open His Own Hot Dog Restaurant But Doesn’t Know Anything About
Business. He Needs Help Determining Who His Competition Is, How He Should Craft
His Strategy To Compete And How He’ll Implement His Strategy To Achieve A
Competitive Advantage. He’s Hired You To Help Him Get Started. As A Result, You Will
Probably Use Which Of The Following?
A) Afi Strategy Framework
B) Red Queen Effect
C) Competitive Benchmarking
D) Stakeholder Impact Analysis
