BA 453 LATEST UPDATED 2025 EXAM WITH
COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS ALREADY GRADED A+
First step in analyzing a case
ANSWER -skim it for the basic facts
Steps in the Strategic Management Process
ANSWER 1. perform an external environmental
analysis (PESTEL)
2. perform an internal analysis (VRIO)
3. analyze the firm's current business-level and
corporate-level strategies
4. analyze the firms performance
profitability ratio
,AMSWER how efficiently a company utilizes its
resources
activity ratios
ANSWER how effectively a firm manages its assets
leverage ratios
ANSWER the degree to which a firm relies on debt
vs equity (capital structure)
liquidity ratios
ANSWER- a firm's ability to pay off its short-term
obligations
Market Ratios
ANSWER -returns earned by shareholders who hold
company stock
,PESTEL Analysis
ANSWER -A firm's macroenvironment analysis
Political
Economic
Social
Technological
Environmental
Legal
Political Factors
ANSER-the influence government bodies have on
firms
economic factors
ANSWER -growth rates, interest rates, levels of
employment, price stability, currency exchange rates
, sociocultural factors
ANSWER -a society's cultures, norms, and values
technological factors
ANSWER -capture the application of knowledge to
create new processes and products
ecological factors
ANSWER -concern a firm's regard for
environmental issues such as the natural
environment, global warming, and sustainable
economic growth.
legal factors
ANSWER -captures the official outcomes of
political processes as manifested in laws, mandates,
regulations, and court decisions
COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS ALREADY GRADED A+
First step in analyzing a case
ANSWER -skim it for the basic facts
Steps in the Strategic Management Process
ANSWER 1. perform an external environmental
analysis (PESTEL)
2. perform an internal analysis (VRIO)
3. analyze the firm's current business-level and
corporate-level strategies
4. analyze the firms performance
profitability ratio
,AMSWER how efficiently a company utilizes its
resources
activity ratios
ANSWER how effectively a firm manages its assets
leverage ratios
ANSWER the degree to which a firm relies on debt
vs equity (capital structure)
liquidity ratios
ANSWER- a firm's ability to pay off its short-term
obligations
Market Ratios
ANSWER -returns earned by shareholders who hold
company stock
,PESTEL Analysis
ANSWER -A firm's macroenvironment analysis
Political
Economic
Social
Technological
Environmental
Legal
Political Factors
ANSER-the influence government bodies have on
firms
economic factors
ANSWER -growth rates, interest rates, levels of
employment, price stability, currency exchange rates
, sociocultural factors
ANSWER -a society's cultures, norms, and values
technological factors
ANSWER -capture the application of knowledge to
create new processes and products
ecological factors
ANSWER -concern a firm's regard for
environmental issues such as the natural
environment, global warming, and sustainable
economic growth.
legal factors
ANSWER -captures the official outcomes of
political processes as manifested in laws, mandates,
regulations, and court decisions
