1. Award:
A ggood gstrategy gis ga gset gof gactions gthat genables ga gfirm gto gachieve gits gown ginternal ggoals gwithout
gregard gto g the gexternal genvironment.
O g
True
➜O g False
The gsuccess gof ga gstrategy gheavily gdepends gon gthe gexternal genvironment. gA ggood gstrategy gis ga
gset gof g actions gthat genables ga gfirm gto gachieve gsuperior gperformance grelative gto gits gcompetitors.
gIn gthis glight, ga g strategy gwhich gproduces gonly ga gminor gloss gof grevenues gwhile gcompetitors gsuffer
gheavy glosses gcan gbe g seen gas gsuccessful.
Difficulty: g2 gMedium Learning gObjective: g01-01 gExplain gthe grole
of gstrategy gin ga gfirm's gquest gfor
gcompetitive g advantage.
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, 6/1/2020 Assignment g Print g View
For gAll gChapters g-->
2. Award:
The gfollowing gstatement gby gthe gchief gexecutive gof gGoFlix gmovie gstudio gis gan geffective gstrategy: g“We
gwill g produce gthe ggreatest gfilms gof gthe g21st gcentury.”
O g True
➜O g
False
Grandiose gstatements gare gnot gstrategy. gAlthough gGoFlix’s gvision gof gproducing gthe ghighest-quality
gfilms g among gall gstudios gmay glay gthe gfoundation gfor gan geffective gstrategy, git gmust gbe gbacked
gup gby ga gclear gset g of gactions gthat gwill gallow gthe gfirm gto gaddress gthe gcompetitive gchallenge gwith
gclear gconsideration gof gvalue g creation gand gcosts.
Difficulty: g2 gMedium Learning gObjective: g01-02 g Define
competitive gadvantage, gsustainable
g competitive gadvantage, gcompetitive
g disadvantage, gand gcompetitive gparity.
3. Award:
The gthree gtasks gof gthe gAFI gstrategy gframework gare gto gAssemble ga gprototype, gFind ga gbuyer, gand
g Incorporate gfeedback.
O g True
➜O g False
The gthree gtasks gof gthe gAFI gstrategy gframework gare gto gAnalyze, gFormulate, gand gImplement. gThis
g framework g(1) gexplains gand gpredicts gdifferences gin gfirm gperformance, gand g(2) ghelps gmanagers
gformulate g and gimplement ga gstrategy ggrounded gin ginternal gand gexternal ganalysis gthat gcan gresult
gin gsuperior g performance.
Difficulty: g2 gMedium Learning g Objective: g 01-05 g Explain g the
Analysis, gFormulation, gImplementation g(AFI)
g Strategy gFramework.
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, This is a preview
g g g
Do g you g want g full g access? gGo g Premium g and g unlock gall g95 gpages
Access gto gall gdocuments
g Get gUnlimited gDownloads
gImprove gyour ggrades
Free Trial
g
Get g30 gdays gof gfree gPremium
Upload
Share gyour gdocuments gto gunlock
about:blank 3/176
, 6/1/2020 Assignment g Print g View
For gAll gChapters g-->
4. Award:
Questions gasked gduring gthe gstrategy ganalysis gstage gof gthe gAFI gframework ginclude g“How gdoes
gthe gfirm g make gmoney?” gand g“What geffects gdo gforces gin gthe gexternal genvironment ghave gon gthe
gfirm’s gpotential gto g gain gand gsustain ga gcompetitive gadvantage?”
➜O g True
O g
False
Strategy ganalysis ginvolves gconsideration gof gboth gthe gfirm’s ginternal gand gexternal genvironments, gand
gthe g role gthat gstrategic gmanagers gplay gin gestablishing gand gmaintaining ga gcompetitive gadvantage.
Difficulty: g3 gHard Learning g Objective: g 01-05 g Explain g the
Analysis, gFormulation, gImplementation g(AFI)
g Strategy gFramework.
5. Award:
Once ga gstrategy ghas gbeen gformulated gand gimplemented, git gis gimportant gthat gthe gfirm gsticks gto git gno
gmatter g what ghappens.
O g True
➜O g False
Strategic gleaders gmake gdecisions gunder gconditions gof guncertainty gand gcomplexity. gThey gmust
gcarefully g monitor gand gevaluate gthe gprogress gtoward gkey gstrategic gobjectives gand gmake
gadjustments gby gfine- g tuning gany gstrategy gas gnecessary.
Difficulty: g2 gMedium Learning g Objective: g 01-05 g Explain g the
Analysis, gFormulation, gImplementation g(AFI)
g Strategy gFramework.
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about:blank 4/176
A ggood gstrategy gis ga gset gof gactions gthat genables ga gfirm gto gachieve gits gown ginternal ggoals gwithout
gregard gto g the gexternal genvironment.
O g
True
➜O g False
The gsuccess gof ga gstrategy gheavily gdepends gon gthe gexternal genvironment. gA ggood gstrategy gis ga
gset gof g actions gthat genables ga gfirm gto gachieve gsuperior gperformance grelative gto gits gcompetitors.
gIn gthis glight, ga g strategy gwhich gproduces gonly ga gminor gloss gof grevenues gwhile gcompetitors gsuffer
gheavy glosses gcan gbe g seen gas gsuccessful.
Difficulty: g2 gMedium Learning gObjective: g01-01 gExplain gthe grole
of gstrategy gin ga gfirm's gquest gfor
gcompetitive g advantage.
https://ezto.mheducation.com/hm_management.tpx 1/95
about:blank 1/176
, 6/1/2020 Assignment g Print g View
For gAll gChapters g-->
2. Award:
The gfollowing gstatement gby gthe gchief gexecutive gof gGoFlix gmovie gstudio gis gan geffective gstrategy: g“We
gwill g produce gthe ggreatest gfilms gof gthe g21st gcentury.”
O g True
➜O g
False
Grandiose gstatements gare gnot gstrategy. gAlthough gGoFlix’s gvision gof gproducing gthe ghighest-quality
gfilms g among gall gstudios gmay glay gthe gfoundation gfor gan geffective gstrategy, git gmust gbe gbacked
gup gby ga gclear gset g of gactions gthat gwill gallow gthe gfirm gto gaddress gthe gcompetitive gchallenge gwith
gclear gconsideration gof gvalue g creation gand gcosts.
Difficulty: g2 gMedium Learning gObjective: g01-02 g Define
competitive gadvantage, gsustainable
g competitive gadvantage, gcompetitive
g disadvantage, gand gcompetitive gparity.
3. Award:
The gthree gtasks gof gthe gAFI gstrategy gframework gare gto gAssemble ga gprototype, gFind ga gbuyer, gand
g Incorporate gfeedback.
O g True
➜O g False
The gthree gtasks gof gthe gAFI gstrategy gframework gare gto gAnalyze, gFormulate, gand gImplement. gThis
g framework g(1) gexplains gand gpredicts gdifferences gin gfirm gperformance, gand g(2) ghelps gmanagers
gformulate g and gimplement ga gstrategy ggrounded gin ginternal gand gexternal ganalysis gthat gcan gresult
gin gsuperior g performance.
Difficulty: g2 gMedium Learning g Objective: g 01-05 g Explain g the
Analysis, gFormulation, gImplementation g(AFI)
g Strategy gFramework.
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about:blank 2/176
, This is a preview
g g g
Do g you g want g full g access? gGo g Premium g and g unlock gall g95 gpages
Access gto gall gdocuments
g Get gUnlimited gDownloads
gImprove gyour ggrades
Free Trial
g
Get g30 gdays gof gfree gPremium
Upload
Share gyour gdocuments gto gunlock
about:blank 3/176
, 6/1/2020 Assignment g Print g View
For gAll gChapters g-->
4. Award:
Questions gasked gduring gthe gstrategy ganalysis gstage gof gthe gAFI gframework ginclude g“How gdoes
gthe gfirm g make gmoney?” gand g“What geffects gdo gforces gin gthe gexternal genvironment ghave gon gthe
gfirm’s gpotential gto g gain gand gsustain ga gcompetitive gadvantage?”
➜O g True
O g
False
Strategy ganalysis ginvolves gconsideration gof gboth gthe gfirm’s ginternal gand gexternal genvironments, gand
gthe g role gthat gstrategic gmanagers gplay gin gestablishing gand gmaintaining ga gcompetitive gadvantage.
Difficulty: g3 gHard Learning g Objective: g 01-05 g Explain g the
Analysis, gFormulation, gImplementation g(AFI)
g Strategy gFramework.
5. Award:
Once ga gstrategy ghas gbeen gformulated gand gimplemented, git gis gimportant gthat gthe gfirm gsticks gto git gno
gmatter g what ghappens.
O g True
➜O g False
Strategic gleaders gmake gdecisions gunder gconditions gof guncertainty gand gcomplexity. gThey gmust
gcarefully g monitor gand gevaluate gthe gprogress gtoward gkey gstrategic gobjectives gand gmake
gadjustments gby gfine- g tuning gany gstrategy gas gnecessary.
Difficulty: g2 gMedium Learning g Objective: g 01-05 g Explain g the
Analysis, gFormulation, gImplementation g(AFI)
g Strategy gFramework.
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about:blank 4/176
