COBA CORE MGT 4300 (STRAT POL)
EXAM 2025 QUESTIONS AND ANSWERS
1) What can be defined as the art and science of formulating, implementing and evaluating
cross-functional decisions that enable an organization to achieve its objectives?
A) Strategy formulation
B) Strategy evaluation
C) Strategy implementation
D) Strategic management
E) Strategic leading - ANS *D) Strategic management
2) During what stage of strategic management are a firm's specific internal strengths and
weaknesses determined?
A) Formulation
B) Implementation
C) Evaluation
D) Feedback
E) Goal-setting - ANS *A) Formulation
3) An important activity in ________ is taking corrective action.
A) strategy evaluation
B) strategy implementation
C) strategy formulation
D) strategy leadership
E) all of the above - ANS *A) strategy evaluation
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,4) Which phase of strategic management is called the action phase?
A) Strategy formulation
B) Strategy implementation
C) Strategy evaluation
D) Allocating resources
E) Measuring performance - ANS *B) Strategy implementation
5) Anything that a firm does especially well compared to rival firms is referred to as
A) competitive advantage.
B) comparative advantage.
C) opportunity cost.
D) sustainable advantage.
E) an external opportunity. - ANS *A) competitive advantage.
6) The fact that Apple has no manufacturing facilities of its own
A) has caused it to build up massive debt on its balance sheet.
B) has enabled it to remain financially lean with virtually no long-term debt.
C) has been problematic for Apple in terms of debt.
D) illustrates that having more fixed assets than rival firms can provide major competitive
advantages in a global recession.
E) means that it is in the same position as Sony. - ANS *B) has enabled it to remain financially
lean with virtually no long-term debt.
7) Which individuals are most responsible for the success and failure of an organization?
A) Strategists
B) Financial planners
C) Personnel directors
D) Stakeholders
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, E) Human resource managers - ANS *A) Strategists
8) An organization's vision statement
A) is a constant reminder to its employees of why the organization exists.
B) broadly charts the future direction of an organization.
C) addresses the basic question: "What is our business?"
D) answers the question: "What do we want to become?"
E) none of the above - ANS *D) answers the question: "What do we want to become?"
9) Specific results an organization seeks to achieve in pursuing its basic mission are
A) strategies.
B) rules.
C) objectives.
D) policies.
E) tenets. - ANS *C) objectives.
10) Long-term objectives should be all of the following except
A) measurable.
B) continually changing.
C) reasonable.
D) challenging.
E) consistent. - ANS *B) continually changing.
11) Which of the following is not included in the strategic management model?
A) Measure and evaluate performance
B) Perform internal research to identify customers
C) Establish long-term objectives
D) Implement strategies
3 Copyright ©2025 BRAINBARTER ALL RIGHTS RESERVED
EXAM 2025 QUESTIONS AND ANSWERS
1) What can be defined as the art and science of formulating, implementing and evaluating
cross-functional decisions that enable an organization to achieve its objectives?
A) Strategy formulation
B) Strategy evaluation
C) Strategy implementation
D) Strategic management
E) Strategic leading - ANS *D) Strategic management
2) During what stage of strategic management are a firm's specific internal strengths and
weaknesses determined?
A) Formulation
B) Implementation
C) Evaluation
D) Feedback
E) Goal-setting - ANS *A) Formulation
3) An important activity in ________ is taking corrective action.
A) strategy evaluation
B) strategy implementation
C) strategy formulation
D) strategy leadership
E) all of the above - ANS *A) strategy evaluation
1 Copyright ©2025 BRAINBARTER ALL RIGHTS RESERVED
,4) Which phase of strategic management is called the action phase?
A) Strategy formulation
B) Strategy implementation
C) Strategy evaluation
D) Allocating resources
E) Measuring performance - ANS *B) Strategy implementation
5) Anything that a firm does especially well compared to rival firms is referred to as
A) competitive advantage.
B) comparative advantage.
C) opportunity cost.
D) sustainable advantage.
E) an external opportunity. - ANS *A) competitive advantage.
6) The fact that Apple has no manufacturing facilities of its own
A) has caused it to build up massive debt on its balance sheet.
B) has enabled it to remain financially lean with virtually no long-term debt.
C) has been problematic for Apple in terms of debt.
D) illustrates that having more fixed assets than rival firms can provide major competitive
advantages in a global recession.
E) means that it is in the same position as Sony. - ANS *B) has enabled it to remain financially
lean with virtually no long-term debt.
7) Which individuals are most responsible for the success and failure of an organization?
A) Strategists
B) Financial planners
C) Personnel directors
D) Stakeholders
2 Copyright ©2025 BRAINBARTER ALL RIGHTS RESERVED
, E) Human resource managers - ANS *A) Strategists
8) An organization's vision statement
A) is a constant reminder to its employees of why the organization exists.
B) broadly charts the future direction of an organization.
C) addresses the basic question: "What is our business?"
D) answers the question: "What do we want to become?"
E) none of the above - ANS *D) answers the question: "What do we want to become?"
9) Specific results an organization seeks to achieve in pursuing its basic mission are
A) strategies.
B) rules.
C) objectives.
D) policies.
E) tenets. - ANS *C) objectives.
10) Long-term objectives should be all of the following except
A) measurable.
B) continually changing.
C) reasonable.
D) challenging.
E) consistent. - ANS *B) continually changing.
11) Which of the following is not included in the strategic management model?
A) Measure and evaluate performance
B) Perform internal research to identify customers
C) Establish long-term objectives
D) Implement strategies
3 Copyright ©2025 BRAINBARTER ALL RIGHTS RESERVED
