BA 453 EXAM QUESTIONS AND ANSWERS
100% SOLVED (Newest 2025)
Strategic managers may believe that they have to choose
between what is best for the shareholders vs. what is best for
its customers and employees to achieve a competitive
advantage. However, there is good evidence to suggest that
the best way to maximize the return to shareholders is to
focus on the customers and employees. Which of these
scenarios is an illustration of that evidence? - Correct
Answers ✅c. A tech company determines that it should pay
its top-performing employees above-market wages,
decreasing shareholder returns in the short-term. But the
employee longevity pays off through sustained research &
development and breakthrough products that result in sales
growth and lower recruitment costs.
Lisa is the vice president of sales and marketing for a
software development company. She's been working with her
sales force in recent months to develop a promotion strategy
to sell obsolete software quickly at a reduced price, rather
than the original suggested price. Which strategic manager
role is Lisa fulfilling with this approach? - Correct Answers
✅Functional-level manage
Which of these could be a definition of a competitive
advantage? - Correct Answers ✅. The ability of a firm to
outperform its rivals by achieving greater profitability and
growth than others in the industry
"Robert is the manager of sales and marketing for one of the
products offered by his organization. He was invited to
,BA 453 EXAM QUESTIONS AND ANSWERS
100% SOLVED (Newest 2025)
participate in the strategic planning process for launching a
new type of sunglasses to the millennial market. Robert, age
25, was excited to be able to contribute to this product
because he liked these new sunglasses and, when he showed
them to his three best buddies, they also liked them. During
the planning session, Robert convinced the team that they
did not need to conduct expensive focus groups to test the
viability of the sunglasses. He was convinced the glasses
would sell because every time he wore a pilot pair of the
sunglasses, he got lots of compliments on them. Ultimately,
the management team decided to go with his strategy and
they did not do focus groups and launched the new product.
Which cognitive bias was at work in this situation?" - Correct
Answers ✅c. Representativeness
Which of these is characteristic of a well-constructed goal? -
Correct Answers ✅. My company has set a goal of
launching five new products each year for the next five years
through at least a 10% annual investment in research &
development.
Compare these four companies. Which of these companies
has achieved a sustained competitive advantage? - Correct
Answers ✅a. A company in the airline industry with an ROIC
recorded above 25% in each of the last five years
An HVAC contractor is considering expanding into a new
business line, offering commercial facility maintenance and
service in addition to construction contracting services. As
,BA 453 EXAM QUESTIONS AND ANSWERS
100% SOLVED (Newest 2025)
they consider this potential strategy, they are conducting a
strategic planning process for this business unit, analyzing
external and internal factors. Which of these can be classified
as a part of the external operating environment of the
company? - Correct Answers ✅. Local commercial
properties are most often served by one of three big national
HVAC service firms and a handful of local smaller firms.
Which of these is a definition for an Emergent Strategy
Making process? - Correct Answers ✅b. Strategies that
evolve as the unplanned responses to unforeseen
circumstances, arising from autonomous action by individual
managers, serendipitous events and changed circumstances
Michael is the CEO of a multidivisional company who has
determined that it is time for his company to revisit its
Strategic Plan. He is working on the agenda for the meeting
and is beginning with a review of the company's mission,
vision and values. On day 2, he plans to conduct an analysis
of internal and external forces affecting the company. His
invitee list for the strategic planning session includes the
CFO, the COO, the Vice President of Human Resources and
the Vice President of Sales. He believes this smaller team will
be able to reach a greater consensus and be efficient in
developing the Strategic Plan for the next five years. Which
potential pitfall could impact the strategic plan for this
company? - Correct Answers ✅a. An "ivory tower"
approach could lead the executive team to a plan created in
a vacuum without an understanding of current operating
realities.
, BA 453 EXAM QUESTIONS AND ANSWERS
100% SOLVED (Newest 2025)
The idea that the strategy-making process is constantly
ongoing and adapting over time with the input of additional
information is: - Correct Answers ✅the feedback loop
Bhascar was recently named general manager of a newly
created business unit of a multidivisional company. His first
order of business will be to implement the new division's
strategic plan. Which of these statements about Bhascar's
responsibilities for the company is true? - Correct Answers
✅c. Bhascar should spend the majority of his time concerned
with the human resources operations of his business unit,
focusing on the employee team.
Which of these is not a cognitive bias that can lead to poor
strategic decisions: - Correct Answers ✅Willingness to
delegate
In a SWOT Analysis, the primary objective of managers
participating in this exercise is to: - Correct Answers ✅.
identify strategies that exploit external opportunities, counter
threats, build on strengths and eradicate weaknesses
Why should strategic managers pay attention to cognitive
biases and be able to recognize them in their strategic
planning process? - Correct Answers ✅c. So that they can
identify them when they are having an impact on the
planning process and analyze whether the decision is being
100% SOLVED (Newest 2025)
Strategic managers may believe that they have to choose
between what is best for the shareholders vs. what is best for
its customers and employees to achieve a competitive
advantage. However, there is good evidence to suggest that
the best way to maximize the return to shareholders is to
focus on the customers and employees. Which of these
scenarios is an illustration of that evidence? - Correct
Answers ✅c. A tech company determines that it should pay
its top-performing employees above-market wages,
decreasing shareholder returns in the short-term. But the
employee longevity pays off through sustained research &
development and breakthrough products that result in sales
growth and lower recruitment costs.
Lisa is the vice president of sales and marketing for a
software development company. She's been working with her
sales force in recent months to develop a promotion strategy
to sell obsolete software quickly at a reduced price, rather
than the original suggested price. Which strategic manager
role is Lisa fulfilling with this approach? - Correct Answers
✅Functional-level manage
Which of these could be a definition of a competitive
advantage? - Correct Answers ✅. The ability of a firm to
outperform its rivals by achieving greater profitability and
growth than others in the industry
"Robert is the manager of sales and marketing for one of the
products offered by his organization. He was invited to
,BA 453 EXAM QUESTIONS AND ANSWERS
100% SOLVED (Newest 2025)
participate in the strategic planning process for launching a
new type of sunglasses to the millennial market. Robert, age
25, was excited to be able to contribute to this product
because he liked these new sunglasses and, when he showed
them to his three best buddies, they also liked them. During
the planning session, Robert convinced the team that they
did not need to conduct expensive focus groups to test the
viability of the sunglasses. He was convinced the glasses
would sell because every time he wore a pilot pair of the
sunglasses, he got lots of compliments on them. Ultimately,
the management team decided to go with his strategy and
they did not do focus groups and launched the new product.
Which cognitive bias was at work in this situation?" - Correct
Answers ✅c. Representativeness
Which of these is characteristic of a well-constructed goal? -
Correct Answers ✅. My company has set a goal of
launching five new products each year for the next five years
through at least a 10% annual investment in research &
development.
Compare these four companies. Which of these companies
has achieved a sustained competitive advantage? - Correct
Answers ✅a. A company in the airline industry with an ROIC
recorded above 25% in each of the last five years
An HVAC contractor is considering expanding into a new
business line, offering commercial facility maintenance and
service in addition to construction contracting services. As
,BA 453 EXAM QUESTIONS AND ANSWERS
100% SOLVED (Newest 2025)
they consider this potential strategy, they are conducting a
strategic planning process for this business unit, analyzing
external and internal factors. Which of these can be classified
as a part of the external operating environment of the
company? - Correct Answers ✅. Local commercial
properties are most often served by one of three big national
HVAC service firms and a handful of local smaller firms.
Which of these is a definition for an Emergent Strategy
Making process? - Correct Answers ✅b. Strategies that
evolve as the unplanned responses to unforeseen
circumstances, arising from autonomous action by individual
managers, serendipitous events and changed circumstances
Michael is the CEO of a multidivisional company who has
determined that it is time for his company to revisit its
Strategic Plan. He is working on the agenda for the meeting
and is beginning with a review of the company's mission,
vision and values. On day 2, he plans to conduct an analysis
of internal and external forces affecting the company. His
invitee list for the strategic planning session includes the
CFO, the COO, the Vice President of Human Resources and
the Vice President of Sales. He believes this smaller team will
be able to reach a greater consensus and be efficient in
developing the Strategic Plan for the next five years. Which
potential pitfall could impact the strategic plan for this
company? - Correct Answers ✅a. An "ivory tower"
approach could lead the executive team to a plan created in
a vacuum without an understanding of current operating
realities.
, BA 453 EXAM QUESTIONS AND ANSWERS
100% SOLVED (Newest 2025)
The idea that the strategy-making process is constantly
ongoing and adapting over time with the input of additional
information is: - Correct Answers ✅the feedback loop
Bhascar was recently named general manager of a newly
created business unit of a multidivisional company. His first
order of business will be to implement the new division's
strategic plan. Which of these statements about Bhascar's
responsibilities for the company is true? - Correct Answers
✅c. Bhascar should spend the majority of his time concerned
with the human resources operations of his business unit,
focusing on the employee team.
Which of these is not a cognitive bias that can lead to poor
strategic decisions: - Correct Answers ✅Willingness to
delegate
In a SWOT Analysis, the primary objective of managers
participating in this exercise is to: - Correct Answers ✅.
identify strategies that exploit external opportunities, counter
threats, build on strengths and eradicate weaknesses
Why should strategic managers pay attention to cognitive
biases and be able to recognize them in their strategic
planning process? - Correct Answers ✅c. So that they can
identify them when they are having an impact on the
planning process and analyze whether the decision is being
