Test Bank for Strategic Management by Frank T. Rothaermel 2nd Edition | Updated/Latest 2025–2026

, 01
1. Keepingji inji mindjiApple'sj i competitiveji advantage,ji whichji ofji theji followingji productsji w
asjii ntroducedjibyjiApplejiinji2007?


A. iPaji
d
B. iPhon
e
C. iPoji
d
D. iTuneji
s

2. ji

isj i bestj i describedj i asji anj i integrativej i managementj i fieldj i thatj i combinesj i analysi
s,fji ormulation,jiandjiimplementationjiinjithejiquestjiforjicompetitivejiadvantage.


A. Supplyjichainji
management
B. Integratedj i technolog
yjm
i anagement
C. Strategicjima
nagement
D. Inventoryjim
anagement

3. ji isjibestjidescribedjiasjiajisetjiofjigoal-
directedjiactionsji ajifirmjitakesjitojigainjiandsji ustainjisuperiorjiperformancejirelativeji
tojicompetitors.


A. Behaviorjimo
dification
B. Strategji
y
C. Credji
o
D. Competencyji
management

,4. Whichjiofjithejifollowingjistagesjiofjithejistrategicjimanagementjiprocess jiinvolves jiane
ji

valuationjiofjiajifirm'sjiexternal jiand jiinternaljienvironments?


A. Strategyji
analysis
B. Strategyjiimple
mentation
C. Strategyjifo
rmulation
D. Strategyji
control

5. In ,jiajifirmjiframesjiajiguidingjipolicyjitojiaddressjithejicompetitivejichallenge.


A. strategyji
control
B. strategyjiimple
mentation
C. strategyjifo
rmulation
D. strategyji
analysis

6. Through
,jiajifirmjiputsjiitsjiguidingjipolicyjiintojipracticejibyjiemployingjiajisetjio
fc
ji oherent jiactions.




A. strategyji
control
B. strategyjiimple
mentation
C. strategyjifo
rmulation
D. strategyji
analysis

, 7. Ajifirmjithatjiachievesjisuperiorjiperformancejirelativejitojiotherjifirmsjiinjithejisamejiindustr
yjo
i rj i thej i industryj i averageji hasji a(n) .


A. competitiveji
advantage
B. balancedji
scorecard
C. powerji
position
D. equityjil
everage

8. Cadiaji Foodsj i Inc.ji wasji theji firstji companyjitoji startji sellingji energyji drinksji inji itsji country
—
ajp
i roduct j i thatj i gained j i popularityj i amongj i diversej i groups.j i Soon,j i otherj i companiesj i star

tedjti ojiselljitheirjiownjibrandsjiofjienergyjidrinks,jitherebyjigivingjiCadiajiFoodsjiamplejicomp
etition.jiInjiresponse,jiCadiajiFoodsjidecidedjitojilimitjiitsjivarietyjiofjienergyjidrinksjitojionlyji
two.jiHowever,jiitjiensuredjithatjithesejitwojiflavorsjiwerejifreejiofjicaloriesjiandjilowjiinjicost
.jiWithjithisjiinnovation,jiCadiajiFoodsjiInc.jiconsistentlyjioutperformedjiitsjicompetitorsjfi orji
tenjiyears.jiInjithisjiscenario,jiCadiajiFoodsjiInc.jihasjimaintainedjia
throughjiitsjiinn
ovativejistrategy.


A. balancedji
scorecard
B. fiduciaryjires
ponsibility
C. consistentj i powe
rjp
i osition

D. sustainablej i competitiv
ejai dvantage



9. Whichjiofjithejifollowingjiscenariosjiillustratesjiajifirmjithatjihasjiajisustainablejicompetitiv
eja
i dvantage?




A. NewonjiInc.ji generatedjiaji revenuejiofji $300,000jithisji financialjiyear,jiwhichjiisji closejit
ojti hejiindustrial jirevenuejiaveragejiofji$320,000.
B. SMjiInc.jialmost jidoubledjiitsjisalesjitoji8500 jiunitsjithisjiyearjicompared jito jiitsjipreviousjiy
ear'sjisalesjiofji5000jiunits, jithoughjithejiindustryjiaveragejiisji10,000jiunits.
C. TrueLinkjiCorp.jiwasjiablejitojiholdjiitsjimarketjisharejiofji68jipercentjiinjithejisocia
ljn
i etworkingjiindustryjiforjimorejithanjithree jiyears.

D. MaxjiElectrovajiInc.jiwasjiablejitojioutperformjiitsjicompetitorsjiwithjiitsjinewjiproductio
njsi ystem,jiinjitermsjiofjirevenue,jiforjiajibriefjiperiodjiofjifourjimonths.