STRATEGIC MANAGEMENT CONCEPTS
AND CASES COMPETITIVENESS
GLOBALIZATION 14TH EDITION HITT
IRELAND HOSKISSON HARRISON TEST
BANK ALL CHAPTERS ACTUAL
EXAMINATION 2026 QUESTIONS WITH
SOLUTIONS GRADED A+
⫸ 2. During the strategy execution phase, operational goals are defined.
a. True
b. False Answer: False
⫸ 3. Operational plans and goals focus on the outcomes that major
divisions and departments must achieve in order for the organization to
reach its overall goals.
a. True
b. False Answer: False
⫸ 4. A business plan is a broad definition of the organization's values,
aspirations, and reason for being, along with a recognition of the scope
and operations that distinguishes the organization.
a. True
b. False Answer: False
,⫸ 5. When possible, operational goals should be expressed in
quantitative terms.
a. True
b. False Answer: True
⫸ 6. Goals are most effective when they are specific, measurable,
challenging, and linked to rewards.
a. True
b. False Answer: True
⫸ 7. Goals should be easy for employees to achieve in order to keep
morale and motivation high.
a. True
b. False Answer: False
⫸ 8. One of the biggest benefits of planning is that plans create greater
organizational flexibility in turbulent environments.
a. True
b. False Answer: False
⫸ 9. If Renee, manager at Leak-Free Roofing, wanted to develop a
contingency plan for Leak-Free, she would need to look at factors such
as new equipment, the economy, and the company workers'
compensation cases.
a. True
, b. False Answer: True
⫸ 10. The two stages of crisis planning are crisis prevention and crisis
preparation.
a. True
b. False Answer: True
⫸ 11. In today's business environment, it is expected that CEOs will do
the large majority of their corporation's strategic planning.
a. True
b. False Answer: False
⫸ 12. Trend management is looking at trends and discontinuities and
imagining possible alternative futures.
a. True
b. False Answer: False
⫸ 13. Research has shown that strategic thinking and planning
positively affect a firm's performance and financial success.
a. True
b. False Answer: True
⫸ 14. Front-line managers have the final responsibility for strategic
planning.
AND CASES COMPETITIVENESS
GLOBALIZATION 14TH EDITION HITT
IRELAND HOSKISSON HARRISON TEST
BANK ALL CHAPTERS ACTUAL
EXAMINATION 2026 QUESTIONS WITH
SOLUTIONS GRADED A+
⫸ 2. During the strategy execution phase, operational goals are defined.
a. True
b. False Answer: False
⫸ 3. Operational plans and goals focus on the outcomes that major
divisions and departments must achieve in order for the organization to
reach its overall goals.
a. True
b. False Answer: False
⫸ 4. A business plan is a broad definition of the organization's values,
aspirations, and reason for being, along with a recognition of the scope
and operations that distinguishes the organization.
a. True
b. False Answer: False
,⫸ 5. When possible, operational goals should be expressed in
quantitative terms.
a. True
b. False Answer: True
⫸ 6. Goals are most effective when they are specific, measurable,
challenging, and linked to rewards.
a. True
b. False Answer: True
⫸ 7. Goals should be easy for employees to achieve in order to keep
morale and motivation high.
a. True
b. False Answer: False
⫸ 8. One of the biggest benefits of planning is that plans create greater
organizational flexibility in turbulent environments.
a. True
b. False Answer: False
⫸ 9. If Renee, manager at Leak-Free Roofing, wanted to develop a
contingency plan for Leak-Free, she would need to look at factors such
as new equipment, the economy, and the company workers'
compensation cases.
a. True
, b. False Answer: True
⫸ 10. The two stages of crisis planning are crisis prevention and crisis
preparation.
a. True
b. False Answer: True
⫸ 11. In today's business environment, it is expected that CEOs will do
the large majority of their corporation's strategic planning.
a. True
b. False Answer: False
⫸ 12. Trend management is looking at trends and discontinuities and
imagining possible alternative futures.
a. True
b. False Answer: False
⫸ 13. Research has shown that strategic thinking and planning
positively affect a firm's performance and financial success.
a. True
b. False Answer: True
⫸ 14. Front-line managers have the final responsibility for strategic
planning.
