STRATEGY EXAM -1 QUESTIONS WITH CORRECT ANSWERS .pdf

STRATEGY EXAM #1 QUESTIONS
WITH CORRECT ANSWERS 2025-2026
StrategicSmanagementS________.S-
SCORRECTSANSWERSExaminesShowSactionsSandSeventsSinvolvingStopSexecutives,Sfirms,SandSindustr


iesSinfluenceSaSfirm'sSsuccessSorSfailure



MasteringSstrategicSmanagementSisSbothS________.S-SCORRECTSANSWERSPartSartSandSscience



FormalStoolsSexistSforSexaminingStheseSrelationships,ShoweverScreativitySisSjustSasSimportant



WhatSareSDr.SHarrySMintzberg'sSFiveSP's?S-SCORRECTSANSWERS1.SPlan

2.SPloy

3.SPatter

4.SPosition

5.SPerspective



StrategicSplansSareS________.S-SCORRECTSANSWERS-STheSessenceSofSstrategy

-STheySareScarefullyScraftedSstepsSthatSaScompanySintendsStoSfollow



WhatSisSaSbusinessSmodel?S-SCORRECTSANSWERS-SAScentralSelementSofSaSstrategicSplan

-SStatesStheSprocessSthroughSwhichSaScompanyShopesStoSearnSprofits



WhatSareSeconomiesSofSscale?S-
SCORRECTSANSWERSAScostSadvantageScreatedSwhenSaScompanyScanSproduceSaSgoodSorSserviceSatS


aSlowerSperSunitSpriceSdueStoSproducingStheSgoodSorSserviceSinSlargeSquantitiesS

,Ex.SPapaSJohn'sSpurchasingSpowerSandSabilityStoSprovideSfast,SbetterStastingSpizzaSthanSmostSconsu
mersScanSmake



StrategySasSaSploySisS________.S-
SCORRECTSANSWERSASspecificSmoveSusedStoSoutwitSorStrickScompetitors;StheySinvolveSusingScreati


vityStoSenhanceSsuccess



Ex.SPostSsayingScoffeeSwasSbadSforSchildrenStoSsupportSsalesSofStheirSbreakfastSdrink



StrategySasSaSpatternS________.S-
SCORRECTSANSWERSFocusesSonSextentStoSwhichSfirm'sSactionsSareSconsistentSoverStime




WhySareSconsistentSpatternsSrisky?S-
SCORRECTSANSWERSTheySareSriskySbecauseSaSfirmSbecomesStoSpredictable




StrategySasSaSpositionS________.S-
SCORRECTSANSWERSExaminesSaScompany'sSplaceSinSanSindustrySrelativeStoSitsScompetitors




StrategySasSperspectiveSisS________.S-
SCORRECTSANSWERSHowSexecutivesSinterpretStheScompetitiveSlandscapeSaroundSthem




ASrealizedSstrategySisS________.S-
SCORRECTSANSWERSTheSplanSofSactionSthanSanSorganizationSactuallySfollowsSandSareSaSproductSofS


aScompany'sSintendedSstrategy



ASdeliberateSstrategySisS________.S-
SCORRECTSANSWERSPartsSofStheSintendedSplanSthatSanSorganizationScontinuesStoSpursueSoverStim


e

, AnSemergentSstrategySisS________.S-
SCORRECTSANSWERSWhatStheScompanySwillSdoSinSreactionStoSunexpectedSopportunitiesSandSchall


enges



WhereSisStheSearliestSknowSdiscussionSofSstrategySfound?S-
SCORRECTSANSWERSTheSOldSTestamentSofStheSBible




WhatSstrategySapproachSdidSMosesSuseSduringStheSHebrews'SexodusSfromSEgypt?S-
SCORRECTSANSWERS-SMosesSusedSaShierarchicalSapproachS-


SheSdelegatedSauthorityStoSotherSleaders,SeachSofSwhomSoversawSaSgroupSofSpeople



-
SThisShierarchicalSdelegationSofSauthorityScreatedSaScommandSstructureSthatSfreedSMosesStoSconce


ntrateSonStheSbiggestSdecisionsSandShelpedShimSimplementShisSstrategies



WhoSisSSunSTzu?S-SCORRECTSANSWERS-SASChineseSstrategistSandSphilosopher

-SAuthorSofSTheSArtSofSWar



WhatSisStheSArtSofSWar?S-
SCORRECTSANSWERSIt'sSanSancientSChineseSmilitaryStreatiseSwrittenSbySSunSTzuSandSitSemphasizesS


theScreativeSandSdeceptiveSaspectsSofSstrategy



WhatSisSoneSofSSunSTzu'sSbestSideas?S-
SCORRECTSANSWERSWinningSaSbattleSwithoutSfightingSisStheSbestSwayStoSwin




Ex.SRatherSthanSfightingSaSbattleSwithSotherSfirms,SAppleSwinsSwithinStheScomputerSbusinessSbyScre
atingSitsSownSuniqueSmarketSandSbySattractingSaSsetSofSloyalScustomers



WhatSisStheSmostSfamousSexampleSofSstrategySinSancientStimes?S-
SCORRECTSANSWERSTheSTrojanShorseSstrategyS-


SgesturesSthatSappearSonStheSsurfaceStoSbeSbeneficialStoStheSrecipientSbutSmasksSaSsinisterSintent