BSG Quiz 1 | QUESTIONS AND
VERIFIED ANSWERS RATED A+ | 100%
CORRECT | 2025/2026 GUIDE
The two crucial elements of a company's business model are...
- Correct Answer - its customers value proposition and its profit formula
a company's strategy is defined by...
- Correct Answer - the specific market positioning, competitive moves,
and business approaches that form mgts answer to "What's our plan for
running the company and producing good results?"
Which of the following questions helps distinguishing a winning strategy
from a mediocre or losing one?
- Correct Answer - Is the strategy helping the company achieve a
sustainable CA and is it resulting in good company performance?
A company's strategy evolves from one version to the next...
- Correct Answer - as managers abandon obsolete or ineffective strategy
elements, settle upon a set of proactive strategy elements, and then, -as
new circumstances unfold- make adaptive strategic adjustments, which
gives rise to reactive strategy elements.
, Crafting an ethical strategy requires that managers
- Correct Answer - carefully and conscientiously consider whether the
proposed strategy element can pass the test of moral scrutiny in the
sense of not being shady, unconscionable, or injurious to others.
Which of the following is not something a company's strategy is
concerned with?
- Correct Answer - Mgt's choice of which of several alternative business
models to employ in delivering value to customers and to shareholders.
In choosing among strategy alternatives, company managers
- Correct Answer - are well-advised to embrace strategic actions that can
pass the test of moral scrutiny, it is not enough to just stay within the
bound of legal and acceptable to regulators.
A winning strategy is one that...
- Correct Answer - helps the company achieve a sustainable CA, results
in better company perf, and fits internal and external situation.
Which of the following is NOT one of the reasons that a company's
strategy evolves over time?
VERIFIED ANSWERS RATED A+ | 100%
CORRECT | 2025/2026 GUIDE
The two crucial elements of a company's business model are...
- Correct Answer - its customers value proposition and its profit formula
a company's strategy is defined by...
- Correct Answer - the specific market positioning, competitive moves,
and business approaches that form mgts answer to "What's our plan for
running the company and producing good results?"
Which of the following questions helps distinguishing a winning strategy
from a mediocre or losing one?
- Correct Answer - Is the strategy helping the company achieve a
sustainable CA and is it resulting in good company performance?
A company's strategy evolves from one version to the next...
- Correct Answer - as managers abandon obsolete or ineffective strategy
elements, settle upon a set of proactive strategy elements, and then, -as
new circumstances unfold- make adaptive strategic adjustments, which
gives rise to reactive strategy elements.
, Crafting an ethical strategy requires that managers
- Correct Answer - carefully and conscientiously consider whether the
proposed strategy element can pass the test of moral scrutiny in the
sense of not being shady, unconscionable, or injurious to others.
Which of the following is not something a company's strategy is
concerned with?
- Correct Answer - Mgt's choice of which of several alternative business
models to employ in delivering value to customers and to shareholders.
In choosing among strategy alternatives, company managers
- Correct Answer - are well-advised to embrace strategic actions that can
pass the test of moral scrutiny, it is not enough to just stay within the
bound of legal and acceptable to regulators.
A winning strategy is one that...
- Correct Answer - helps the company achieve a sustainable CA, results
in better company perf, and fits internal and external situation.
Which of the following is NOT one of the reasons that a company's
strategy evolves over time?
