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TEST BANK STRATEGIC MANAGEMENT 6TH
EDITION ( FRANK ROTHAERMEL) ALL CHAPTER 1-
12| LATEST EDITION 2025/2026 A+
Page 1 of 420
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TABLEOF CONTENTS
1. Chap ter 1 What Is Strategy?
2. Chap ter 2 Strategic Leadership : Managing The Strategy Process
3. Chapter 3 External Analysis: Industry Structure, Comp etitive
Forces, And Strategic Group s
4. Chap ter 4 Internal Analysis: Resources, Cap abilities, And Core
Comp etencies
5. Chapter 5 Comp etitive Advantage, Firm Performance, And Business
Models
6. Chapter 6 Business Strategy: Differentiation, Cost Leadership ,
And Blue Oceans
7. Chapter 7 Business Strategy: Innovation, Entrepreneurship , And Platforms
8. Chapter 8 Corporate Strategy: Vertical Integration And Diversification
9. Chapter 9 Corporate Strategy: Strategic Alliances, Mergers And Acquisitions
10. Chap ter 10 Global Strategy: Comp eting Around The World
11. Chap ter 11 Organizational Design: Structure, Culture, And
12. Chap ter 12 Corp orate Governance And Business Ethics
Page 2 of 420
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chapter1-12
ANSWERS ARE AT THE END OF EACH CHAPTER
chap ter 1
student name:
1) a good strategy allows a f irmto achieve superior perf ormance and
sustainable competitive ad vantage without regard to the external
environment.
⊚ true
⊚ f alse
2) the f ollowing statement bythe chief executive of megaf ilms movie stud io
should not be used as a strategy: “we will prod uce the greatest f ilms of the
21st century.”
⊚ true
⊚ f alse
3) the three tasks of the af i strategy f ramework are toassemble a prototype, f ind a
buyer, and incorporate f eed back.
⊚ true
⊚ f alse
4) questions asked d uring the strategy analysis stage of the af i f ramework should
includ e “what ef f ects d of orces in the external environment have on the f irm’s
potential to gain and sustain a competitive ad vantage?”
⊚ true
⊚ f alse
Page 3 of 420
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5) once a strategy has been f ormulated and implemented , it is important that
thef irmsticks to it no matter what happens.
⊚ true
⊚ f alse
6) because they are a crucial component of a f irm’s success, customers are
consid ered internal stakehold ers.
⊚ true
⊚ f alse
7) a f irmis required bysocietyand its sharehold ers tomeet its ethical and
philanthropic responsibilities.
⊚ true
⊚ f alse
8) stakehold er impact analysis provid esad ecision tool that helps strategiclead ers
recognize the need s of d if f erent stakehold ers.
⊚ true
⊚ f alse
9) juan wants toopen his own hot d og restaurant but d oesn’t know anything about
business. he need s help d etermining who his competition is, how he should craf t
his strategy to compete and how he’ll implement his strategy to achieve a
competitive ad vantage. he’ s hired you to help him get started . as a result, you will
probably use which of the f ollowing?
A) af i strategy f ramework
B) red queen ef f ect
C) competitive benchmarking
D) stakehold er impact analysis
Page 4 of 420
TEST BANK STRATEGIC MANAGEMENT 6TH
EDITION ( FRANK ROTHAERMEL) ALL CHAPTER 1-
12| LATEST EDITION 2025/2026 A+
Page 1 of 420
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
TABLEOF CONTENTS
1. Chap ter 1 What Is Strategy?
2. Chap ter 2 Strategic Leadership : Managing The Strategy Process
3. Chapter 3 External Analysis: Industry Structure, Comp etitive
Forces, And Strategic Group s
4. Chap ter 4 Internal Analysis: Resources, Cap abilities, And Core
Comp etencies
5. Chapter 5 Comp etitive Advantage, Firm Performance, And Business
Models
6. Chapter 6 Business Strategy: Differentiation, Cost Leadership ,
And Blue Oceans
7. Chapter 7 Business Strategy: Innovation, Entrepreneurship , And Platforms
8. Chapter 8 Corporate Strategy: Vertical Integration And Diversification
9. Chapter 9 Corporate Strategy: Strategic Alliances, Mergers And Acquisitions
10. Chap ter 10 Global Strategy: Comp eting Around The World
11. Chap ter 11 Organizational Design: Structure, Culture, And
12. Chap ter 12 Corp orate Governance And Business Ethics
Page 2 of 420
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
chapter1-12
ANSWERS ARE AT THE END OF EACH CHAPTER
chap ter 1
student name:
1) a good strategy allows a f irmto achieve superior perf ormance and
sustainable competitive ad vantage without regard to the external
environment.
⊚ true
⊚ f alse
2) the f ollowing statement bythe chief executive of megaf ilms movie stud io
should not be used as a strategy: “we will prod uce the greatest f ilms of the
21st century.”
⊚ true
⊚ f alse
3) the three tasks of the af i strategy f ramework are toassemble a prototype, f ind a
buyer, and incorporate f eed back.
⊚ true
⊚ f alse
4) questions asked d uring the strategy analysis stage of the af i f ramework should
includ e “what ef f ects d of orces in the external environment have on the f irm’s
potential to gain and sustain a competitive ad vantage?”
⊚ true
⊚ f alse
Page 3 of 420
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
5) once a strategy has been f ormulated and implemented , it is important that
thef irmsticks to it no matter what happens.
⊚ true
⊚ f alse
6) because they are a crucial component of a f irm’s success, customers are
consid ered internal stakehold ers.
⊚ true
⊚ f alse
7) a f irmis required bysocietyand its sharehold ers tomeet its ethical and
philanthropic responsibilities.
⊚ true
⊚ f alse
8) stakehold er impact analysis provid esad ecision tool that helps strategiclead ers
recognize the need s of d if f erent stakehold ers.
⊚ true
⊚ f alse
9) juan wants toopen his own hot d og restaurant but d oesn’t know anything about
business. he need s help d etermining who his competition is, how he should craf t
his strategy to compete and how he’ll implement his strategy to achieve a
competitive ad vantage. he’ s hired you to help him get started . as a result, you will
probably use which of the f ollowing?
A) af i strategy f ramework
B) red queen ef f ect
C) competitive benchmarking
D) stakehold er impact analysis
Page 4 of 420
