MAN 4720 STRATEGIC PLANNING & MGMT EXAM 2025 |100
QUESTIONS WITH ACCURATE SOLUTIONS
1 of 100
Term
The emphasis of strategic management is on
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an investigation of competitor
first line managers.
actions.
,MAN 4720 Strategic Planning & Mgmt
monitoring and
b. determining how the
evaluating external
firm will maximize
opportunities and
profitability in a single
threats in light of a
market or line of business.
corporation's strengths
Don't and weaknesses.
know?
2 of 100
Definition
"How do I make my business the only store on the island?"
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Which of the following is not one of the benefits of outsourcing value
chain activities presently performed in-house?
Which of the following is NOT a purpose of a defensive strategy?
To increase the risk of having to defend an
attack. To decrease the risk of being
attacked.
To weaken the impact of any attack that
occurs. To help protect a competitive
advantage.
To pressure challengers to aim their efforts at other rivals.
Which of the following best summarizes the goals of strategic
management?
,MAN 4720 Strategic Planning & Mgmt
"How do I become the only fish in the
pond?" "How do I swim with the sharks?"
, MAN 4720 Strategic Planning & Mgmt
"How do we make it to shore?"
"How do I make my business the only store on the
island?" All of the above.
Which of the following is NOT descriptive of a high level of
bargaining power of suppliers?
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3 of 100
Term
Which of the following outcomes is most likely to be the
goal of a firm pursuing horizontal merger and acquisition
strategies?
Gaining quick access to new technologies or
complementary resources and capabilities.
Expanding a company's geographic coverage.
Extending the company's business into new product
categories. Rapidly overcoming barriers to entry.
All of the above
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All of these
Substitutes are readily available.