STRATEGIC MANAGEMENT CONCEPTS
AND CASES COMPETITIVENESS
GLOBALIZATION 14TH EDITION HITT
IRELAND HOSKISSON HARRISON TEST
BANK ALL CHAPTERS CERTIFICATION
REVIEW SET 2026 ANSWERS GUARANTEED
PASS
⫸ Five years ago, my company's market share was at 5%. Today it is at
10%. In carrying out my strategic planning for next five years, I will
forecast my market share at the end of that period will be 15%. This
common form of predicting the future is called. Answer: trend
extrapolation (Ch 4)
⫸ An appropriate substitute for a Coke would be _____________.
Answer: a candy bar (Ch 4)
⫸ Which of the following products/services would BEST suggests a
global industry approach?. Answer: soccer ball (Ch 4)
⫸ Environmental uncertainty is a combination of. Answer: Degree of
complexity and degree of change (Ch 4)
,⫸ When using the Delphi Technique, the job of the experts is to
_____________:. Answer: provide as accurate a picture of the future as
possible. (Ch 4)
⫸ The aging of the U.S. population would represent a(n)
_______________________ for a business seeking to understand their
business environment. Answer: sociocultural force (Ch 4)
⫸ In preparing an EFAS, the analyst looks at _________________..
Answer: opportunities and threats (Ch 4)
⫸ A company that tends to operate in at least two industries, with one or
more industries being stable and one or more being variable would be
considered a(n):. Answer: analyzer (Ch 4)
⫸ Having economies of scale as a key success factor in an industry
usually represents _____________.. Answer: A barrier to entry for a
small start-up hoping to break into the industry (Ch 4)
⫸ If Wal-Mart were to decide to enter the automobile distributor
business, this would represent a monumental shift in that industry and
over time would fundamentally change its competitive landscape. Wal-
Mart's entry into this market would represent a ____________________
originating from the ________________ environment for the automobile
distributor's industry. Answer: driving force, task (Ch 4)
, ⫸ Gillette puts a great deal of emphasis on developing new products
with an eye toward making sure its current product is replaced as
industry leader by its new product. As such, Gillette would be classified
as a(n):. Answer: prospector (Ch 4)
⫸ The primary protection offered by cost leadership against the relative
powers of both suppliers and buyers is. Answer: It keeps cost down.?
(Ch 4)
⫸ 5. Congress passed the Clean Air Act in response to the public's
newfound environmental concerns and outrage over what it (the public)
perceived to be unrestrained corporate pollution. In response, a number
of industries such as utilities and automobile manufacturers have had to
make dramatic changes in the technology used in the creation and
operation of their products. These industries are responding to a change
in the ________________ environment that was brought about by
changes in the ________________ environment. Answer: e. political-
legal, sociocultural (Ch 4)
⫸ 6. With the "graying of America," a number of industries such as
travel (i.e.), golf, and assisted living communities have experienced
tremendous growth. These companies are capitalizing on the aging of
the American population by closely monitoring the changes in the
________________ environment.. Answer: d. sociocultural (Ch 4)
⫸ 7. When the pressure for coordination is strong and the pressure for
local responsiveness is weak for multinational corporations within a
particular industry, the industry will tend to become. Answer: a. global.
(Ch 4)
AND CASES COMPETITIVENESS
GLOBALIZATION 14TH EDITION HITT
IRELAND HOSKISSON HARRISON TEST
BANK ALL CHAPTERS CERTIFICATION
REVIEW SET 2026 ANSWERS GUARANTEED
PASS
⫸ Five years ago, my company's market share was at 5%. Today it is at
10%. In carrying out my strategic planning for next five years, I will
forecast my market share at the end of that period will be 15%. This
common form of predicting the future is called. Answer: trend
extrapolation (Ch 4)
⫸ An appropriate substitute for a Coke would be _____________.
Answer: a candy bar (Ch 4)
⫸ Which of the following products/services would BEST suggests a
global industry approach?. Answer: soccer ball (Ch 4)
⫸ Environmental uncertainty is a combination of. Answer: Degree of
complexity and degree of change (Ch 4)
,⫸ When using the Delphi Technique, the job of the experts is to
_____________:. Answer: provide as accurate a picture of the future as
possible. (Ch 4)
⫸ The aging of the U.S. population would represent a(n)
_______________________ for a business seeking to understand their
business environment. Answer: sociocultural force (Ch 4)
⫸ In preparing an EFAS, the analyst looks at _________________..
Answer: opportunities and threats (Ch 4)
⫸ A company that tends to operate in at least two industries, with one or
more industries being stable and one or more being variable would be
considered a(n):. Answer: analyzer (Ch 4)
⫸ Having economies of scale as a key success factor in an industry
usually represents _____________.. Answer: A barrier to entry for a
small start-up hoping to break into the industry (Ch 4)
⫸ If Wal-Mart were to decide to enter the automobile distributor
business, this would represent a monumental shift in that industry and
over time would fundamentally change its competitive landscape. Wal-
Mart's entry into this market would represent a ____________________
originating from the ________________ environment for the automobile
distributor's industry. Answer: driving force, task (Ch 4)
, ⫸ Gillette puts a great deal of emphasis on developing new products
with an eye toward making sure its current product is replaced as
industry leader by its new product. As such, Gillette would be classified
as a(n):. Answer: prospector (Ch 4)
⫸ The primary protection offered by cost leadership against the relative
powers of both suppliers and buyers is. Answer: It keeps cost down.?
(Ch 4)
⫸ 5. Congress passed the Clean Air Act in response to the public's
newfound environmental concerns and outrage over what it (the public)
perceived to be unrestrained corporate pollution. In response, a number
of industries such as utilities and automobile manufacturers have had to
make dramatic changes in the technology used in the creation and
operation of their products. These industries are responding to a change
in the ________________ environment that was brought about by
changes in the ________________ environment. Answer: e. political-
legal, sociocultural (Ch 4)
⫸ 6. With the "graying of America," a number of industries such as
travel (i.e.), golf, and assisted living communities have experienced
tremendous growth. These companies are capitalizing on the aging of
the American population by closely monitoring the changes in the
________________ environment.. Answer: d. sociocultural (Ch 4)
⫸ 7. When the pressure for coordination is strong and the pressure for
local responsiveness is weak for multinational corporations within a
particular industry, the industry will tend to become. Answer: a. global.
(Ch 4)
