Strategic Management: Concepts and Cases | Complete Test Bank with Answers

TESTBANKForStrategic ManagementConceptsandCases
Competitiveness and Globalization 14th Edition by Hitt,
Ireland, Hoskisson, Harrison
All Chapters




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, TABLEOF CONTENTS J J




Part I: STRATEGIC MANAGEMENT INPUTS.
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1. Strategic Management and Strategic Competitiveness.
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2. The External Environment: Opportunities, Threats, Industry Competition, and C
J J J J J J J J



ompetitor Analysis. J




3. The Internal Organization: Resources, Capabilities, Core Competencies, and C
J J J J J J J J



ompetitiveAdvantages. J




Part II: STRATEGIC ACTIONS: STRATEGY FORMULATION.
J J J J J




4. Business-Level Strategy. J




5. Competitive Rivalry and Competitive Dynamics. J J J
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6. Corporate-Level Strategy. J n
7. Merger and Acquisition Strategies and Restructuring.
J J J J J




8. International Strategy.
9. Cooperative Strategy. J
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Part III: STRATEGIC ACTIONS: STRATEGY IMPLEMENTATION.
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10. Corporate Governance.
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J
J J J
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11. Organizational Structure and Controls. J J J




12. Strategic Leadership. J




13. StrategicEntrepreneurship. J J




Part IV: CASE STUDIES.
J J J




C1 -J




Preparing an Effective Case Analysis. 20 Lea
J J J J J J J




ding Business Cases.
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,Chapter 01 - Strategic Management and Strategic Competitiveness
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TrueJ/JFalse

1. TheJdifferenceJbetweenJaverageJandJabove-
averageJreturnsJisJthatJaverageJreturnsJareJreturnsJthatJanJinvestorJexpectsJtoJearnJfromJanJinvestmentJasJcomparedJtoJot
herJinvestmentsJwithJsimilarJstockJprices,JwhileJabove-
averageJreturnsJareJinJexcessJofJexpectationsJforJsimilarlyJpricedJstocks.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: 1-1JAnJOverviewJofJStrategyJandJStrategicJCompetitiveness
QUESTIONJTYPE: TrueJ/JFalse
HASJVARIABLES: False
LEARNINGJOBJECTIVES:JSM.HITT.24.01.01J-
JDefineJstrategicJcompetitiveness,Jstrategy,JcompetitiveJadvantage,Jabove-

averageJreturns,JandJtheJstrategicJmanagementJprocess.
NATIONALJSTANDARDS:J UnitedJStatesJ-JBUSPROG:JAnalyticJ|JTechnologyJ-JBUSPROG:JAnalytic
KEYWORDS:
DATEJCREATED:
k
Bloom's:JAnalyze
4/19/2023J5:02JPM
n
DATEJMODIFIED: 4/19/2023J5:02JPM

2. ParticularlyJwhenJassessingJinvestmentsJinJnewJventureJfirms,JtheJmostJeffective,JandJoftenJtheJonly,JwayJtoJmeasu
a
reJtheJperformanceJofJtheJfirmsJandJdetermineJtheirJviabilityJasJanJinvestmentJoptionJisJtoJexamineJfinancialJmetricsJsuc
hJasJreturnsJonJassets,JandJsales.
a. True
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b. False
ANSWER:
POINTS:
False
1
F
DIFFICULTY: Moderate
REFERENCES: 1-1JAnJOverviewJofJStrategyJandJStrategicJCompetitiveness
QUESTIONJTYPE: TrueJ/JFalse
HASJVARIABLES: False
LEARNINGJOBJECTIVES:JSM.HITT.24.01.01J-
JDefineJstrategicJcompetitiveness,Jstrategy,JcompetitiveJadvantage,Jabove-

averageJreturns,JandJtheJstrategicJmanagementJprocess.
NATIONALJSTANDARDS:J UnitedJStatesJ-JBUSPROG:JAnalyticJ|JTechnologyJ-JBUSPROG:JAnalytic
KEYWORDS: Bloom's:JAnalyze
DATEJCREATED: 4/19/2023J5:02JPM
DATEJMODIFIED: 4/19/2023J5:02JPM

3. ExamplesJofJincrementalJinnovationsJincludeJiPads,JWi-Fi,JandJtheJwebJbrowser.
a. True
b. False
ANSWER: False
POINTS: 1

, DIFFICULTY: Moderate
REFERENCES: 1-2JTheJCompetitiveJLandscape




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