COMPLETE TEST BAK:
Contemporary Strategy Analysis 10th Edition
By Robert M. Grant Latest Update.
,Table Of Contents
Chapter 1 ......................................................................................................................................................................1
The Concept Of Strategy ...............................................................................................................................................1
Chapter 2 ......................................................................................................................................................................8
Goals, Values And Performance....................................................................................................................................8
Chapter 3 ....................................................................................................................................................................16
Industry Analysis: The Fundamentals ..........................................................................................................................16
Chapter 04 ..................................................................................................................................................................23
Further Topics In Industry And Competitive Analysis ...................................................................................................23
Chapter 5 ....................................................................................................................................................................32
Analyzing Resources And Capabilities ........................................................................................................................32
Chapter 6 ....................................................................................................................................................................39
Organization Structure And Management Systems:The Fundamentals Of Strategy Implementation............................39
Chapter 7 ....................................................................................................................................................................45
The Sources And Dimensions Of Competitive Advantage............................................................................................45
Chapter 8 ....................................................................................................................................................................53
Industry Evolution And Strategic Change ....................................................................................................................53
Chapter 9 ....................................................................................................................................................................61
Technology-Based Industries Andthe Management Of Innovation ...............................................................................61
Chapter 10 ..................................................................................................................................................................69
Vertical Integration And The Scope Of The Firm ..........................................................................................................69
Chapter 11 ..................................................................................................................................................................75
Global Strategy And The Multinational Corporation......................................................................................................75
Chapter 12 ..................................................................................................................................................................82
Diversification Strategy ...............................................................................................................................................82
Chapter 13 ..................................................................................................................................................................90
Implementing Corporate Strategy:Managing The Multibusiness Firm ..........................................................................90
Chapter 14 ..................................................................................................................................................................98
External Growth Strategies: Mergers, Acquisitions, And Alliances................................................................................98
Chapter 15 ................................................................................................................................................................ 104
Current Trends In Strategic Management .................................................................................................................. 104
, Contemporary Strategy Analysis 10e
Chapter 1
The Concept Of Strategy
True Or False Questions
1. Strategy Is A Unifying Theme That Gives Coherence And Direction To The Actions And
Decisions Of AnOrganization.
[See P.4]
a. Tans ---
b. F
2. The Successful Careers Of Both Queen Elizabeth Ii And Lady Gaga May Be Attributed To
TheirCommitment To Systematic Strategic Planning
[See P.5]
a. T
b. Fans ---
3. A Key Component Of An Effective Strategy Is Clear, Consistent, Long-Term
Goals.[See Pp.5-6]
Ans ---A. T
B. F
4. If A Firm Can Devise A Brilliant Strategy, It Will Be Successful Irrespective Of How
Effectively It IsImplemented.
[See P.5]
a. T
Ans ---B. F
5. A Major Problem Of Using Swot Analyses In Distinguishing Strengths From Weaknesses
AndOpportunities From Threats.
[See P.10]
Ans ---A. T
B. F
6. “Strategic Fit” Refers To The Consistency Between A Firm’s Strategy And, On One Hand, Its
ExternalEnvironment And, On The Other, Its Internal Resources And Capabilities.
[See P.10]
Ans ---A. T
B. F
7. Contingency Theory Postulates That A Firm’s Strategy Must To Flexible In Order To Meet Any
PossibleContingency.
[See Pp.10-11]
a. T
Ans ---B. F
8. Strategy Denotes An Overall Plan Whereas A Tactic Is A Scheme For A Specific
Action.[See P.11]
Ans ---A. T
B. F
9. The Principles Of Military Strategy Are Rarely Applicable To Business
Situations.[See Pp.11-12]
, a. T
Ans ---B. F
10. Strategic Decisions Are Important, Involve A Significant Commitment Of Resources, And Should Be
EasilyReversible.
[See P.11]
A. T
Ans ---B. F
11. Game Theory Is A Useful For Studying Competitive Behavior In Politics, Military Campaigns
AndInternational Relations, But It Cannot Be Used To Analyze Business Strategies.
[See P.12]
a. T
Ans ---B. F
12. The Main Factor Causing The Transition From Corporate Planning To Strategic Management
Was TheIncreasing Inability Of Companies To Forecast Economic Conditions Four Or Five Years
Into The Future. [See P.12]
Ans ---A. T
b. F
13. Strategy Is A Detailed Plan That Programs The Actions Of An Organization Or An
Individual.[See Pp.14-15]
a. T
Ans ---B. F
14. Strategic Choices Involve Two Basic Questions: Where And How To
Compete?[See P.18]
Ans ---A. T
b. F
15. In The Large, Complex Firm, Two Main Levels Of Strategy Can Be Distinguished: Corporate
Strategy AndBusiness (Or Competitive) Strategy.
[See Pp.18-19]
Ans ---A. T
B. F
16. When Describing The Strategy Of A Firm, It Is Best To Ignore The Current Positioning Of The Firm In
Order ToConcentrate Upon The Direction In Which The Firm Will Develop In The Future.
[See Pp.19-20]
a. T
Ans ---B. F
17. The Reason That A Firm’s Realized Strategy Diverges From Its Intended Strategy Is Because
StrategyMaking Is, To A Great Extent, An Emergent Process.
[See Pp.20-21]
Ans ---A. T
b. F
18. According To Henry Mintzberg, Firm Strategy Should Be Formulated By Top Management Through
RationalDeliberation Utilizing All Available Data.
[See P.21]
a. T
Ans ---B. F
19. The Dynamic, Future-Oriented Dimension Of A Firm’s Strategy Is Described
By ItsMission And Vision Statements And Its Performance Targets.
Contemporary Strategy Analysis 10th Edition
By Robert M. Grant Latest Update.
,Table Of Contents
Chapter 1 ......................................................................................................................................................................1
The Concept Of Strategy ...............................................................................................................................................1
Chapter 2 ......................................................................................................................................................................8
Goals, Values And Performance....................................................................................................................................8
Chapter 3 ....................................................................................................................................................................16
Industry Analysis: The Fundamentals ..........................................................................................................................16
Chapter 04 ..................................................................................................................................................................23
Further Topics In Industry And Competitive Analysis ...................................................................................................23
Chapter 5 ....................................................................................................................................................................32
Analyzing Resources And Capabilities ........................................................................................................................32
Chapter 6 ....................................................................................................................................................................39
Organization Structure And Management Systems:The Fundamentals Of Strategy Implementation............................39
Chapter 7 ....................................................................................................................................................................45
The Sources And Dimensions Of Competitive Advantage............................................................................................45
Chapter 8 ....................................................................................................................................................................53
Industry Evolution And Strategic Change ....................................................................................................................53
Chapter 9 ....................................................................................................................................................................61
Technology-Based Industries Andthe Management Of Innovation ...............................................................................61
Chapter 10 ..................................................................................................................................................................69
Vertical Integration And The Scope Of The Firm ..........................................................................................................69
Chapter 11 ..................................................................................................................................................................75
Global Strategy And The Multinational Corporation......................................................................................................75
Chapter 12 ..................................................................................................................................................................82
Diversification Strategy ...............................................................................................................................................82
Chapter 13 ..................................................................................................................................................................90
Implementing Corporate Strategy:Managing The Multibusiness Firm ..........................................................................90
Chapter 14 ..................................................................................................................................................................98
External Growth Strategies: Mergers, Acquisitions, And Alliances................................................................................98
Chapter 15 ................................................................................................................................................................ 104
Current Trends In Strategic Management .................................................................................................................. 104
, Contemporary Strategy Analysis 10e
Chapter 1
The Concept Of Strategy
True Or False Questions
1. Strategy Is A Unifying Theme That Gives Coherence And Direction To The Actions And
Decisions Of AnOrganization.
[See P.4]
a. Tans ---
b. F
2. The Successful Careers Of Both Queen Elizabeth Ii And Lady Gaga May Be Attributed To
TheirCommitment To Systematic Strategic Planning
[See P.5]
a. T
b. Fans ---
3. A Key Component Of An Effective Strategy Is Clear, Consistent, Long-Term
Goals.[See Pp.5-6]
Ans ---A. T
B. F
4. If A Firm Can Devise A Brilliant Strategy, It Will Be Successful Irrespective Of How
Effectively It IsImplemented.
[See P.5]
a. T
Ans ---B. F
5. A Major Problem Of Using Swot Analyses In Distinguishing Strengths From Weaknesses
AndOpportunities From Threats.
[See P.10]
Ans ---A. T
B. F
6. “Strategic Fit” Refers To The Consistency Between A Firm’s Strategy And, On One Hand, Its
ExternalEnvironment And, On The Other, Its Internal Resources And Capabilities.
[See P.10]
Ans ---A. T
B. F
7. Contingency Theory Postulates That A Firm’s Strategy Must To Flexible In Order To Meet Any
PossibleContingency.
[See Pp.10-11]
a. T
Ans ---B. F
8. Strategy Denotes An Overall Plan Whereas A Tactic Is A Scheme For A Specific
Action.[See P.11]
Ans ---A. T
B. F
9. The Principles Of Military Strategy Are Rarely Applicable To Business
Situations.[See Pp.11-12]
, a. T
Ans ---B. F
10. Strategic Decisions Are Important, Involve A Significant Commitment Of Resources, And Should Be
EasilyReversible.
[See P.11]
A. T
Ans ---B. F
11. Game Theory Is A Useful For Studying Competitive Behavior In Politics, Military Campaigns
AndInternational Relations, But It Cannot Be Used To Analyze Business Strategies.
[See P.12]
a. T
Ans ---B. F
12. The Main Factor Causing The Transition From Corporate Planning To Strategic Management
Was TheIncreasing Inability Of Companies To Forecast Economic Conditions Four Or Five Years
Into The Future. [See P.12]
Ans ---A. T
b. F
13. Strategy Is A Detailed Plan That Programs The Actions Of An Organization Or An
Individual.[See Pp.14-15]
a. T
Ans ---B. F
14. Strategic Choices Involve Two Basic Questions: Where And How To
Compete?[See P.18]
Ans ---A. T
b. F
15. In The Large, Complex Firm, Two Main Levels Of Strategy Can Be Distinguished: Corporate
Strategy AndBusiness (Or Competitive) Strategy.
[See Pp.18-19]
Ans ---A. T
B. F
16. When Describing The Strategy Of A Firm, It Is Best To Ignore The Current Positioning Of The Firm In
Order ToConcentrate Upon The Direction In Which The Firm Will Develop In The Future.
[See Pp.19-20]
a. T
Ans ---B. F
17. The Reason That A Firm’s Realized Strategy Diverges From Its Intended Strategy Is Because
StrategyMaking Is, To A Great Extent, An Emergent Process.
[See Pp.20-21]
Ans ---A. T
b. F
18. According To Henry Mintzberg, Firm Strategy Should Be Formulated By Top Management Through
RationalDeliberation Utilizing All Available Data.
[See P.21]
a. T
Ans ---B. F
19. The Dynamic, Future-Oriented Dimension Of A Firm’s Strategy Is Described
By ItsMission And Vision Statements And Its Performance Targets.
