Strategic Management Final
Exam Review 2026 Exam
Questions with 100% Correct
Answers | Latest Update
what are the most fundamental questions in strategy - 🧠 ANSWER ✔✔why
do firms succeed or fail and why do firms have varying levels of
performance
How is Zyngas strategy different from that of more traditional video games
companies ? - 🧠 ANSWER ✔✔it offers free games, analyzes the playing
,data to see what aspects of the games people find most attractive and then
charges for those aspects
which of the following is true of the strategic management process? - 🧠
ANSWER ✔✔A structured, systematic approach appears to work best
which of the following is an important characteristic of strategic
management? - 🧠 ANSWER ✔✔Its interdisciplinary - it encompasses all the
functional areas of the organization
what are the main types of strategies - 🧠 ANSWER ✔✔corporate,
competitive and functional
which of the following is true of the way strategic management is actually
done - 🧠 ANSWER ✔✔its a continual cycle that may not always follow a
normal sequence
which of the following best describes the role of todays boards of directors
(BODs) in strategic management? - 🧠 ANSWER ✔✔initiates strategies and
oversees their implementation
World trade center (WTO) ? - 🧠 ANSWER ✔✔helps organizations conduct
business by enacting agreements
, which of the following is a result of the Sarbanes Oxley Act ? - 🧠 ANSWER
✔✔senior managers must now sign off on the financial statements of
publicly held corporations
Board of Directors - primary duty - 🧠 ANSWER ✔✔select a CEO and to
oversee the CEO and senior management
what was the "knockout punch" that damaged Kodak's business irreparably
? - 🧠 ANSWER ✔✔the appearance of the first cell phone camera in 1994
which of the following is true of the industrial organization (I/O) view of
competitive advantage ? - 🧠 ANSWER ✔✔its focus is external
which of the following is true of the guerilla view of competitive advantage -
🧠 ANSWER ✔✔it concludes all competitive advantage is temporary
which of the following is true of resource-based view of competitive
advantage ? - 🧠 ANSWER ✔✔its major recommendation is to develop
unique resources and distinctive capabilities
driving force in the new business environment - 🧠 ANSWER
✔✔globalization
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
3
Exam Review 2026 Exam
Questions with 100% Correct
Answers | Latest Update
what are the most fundamental questions in strategy - 🧠 ANSWER ✔✔why
do firms succeed or fail and why do firms have varying levels of
performance
How is Zyngas strategy different from that of more traditional video games
companies ? - 🧠 ANSWER ✔✔it offers free games, analyzes the playing
,data to see what aspects of the games people find most attractive and then
charges for those aspects
which of the following is true of the strategic management process? - 🧠
ANSWER ✔✔A structured, systematic approach appears to work best
which of the following is an important characteristic of strategic
management? - 🧠 ANSWER ✔✔Its interdisciplinary - it encompasses all the
functional areas of the organization
what are the main types of strategies - 🧠 ANSWER ✔✔corporate,
competitive and functional
which of the following is true of the way strategic management is actually
done - 🧠 ANSWER ✔✔its a continual cycle that may not always follow a
normal sequence
which of the following best describes the role of todays boards of directors
(BODs) in strategic management? - 🧠 ANSWER ✔✔initiates strategies and
oversees their implementation
World trade center (WTO) ? - 🧠 ANSWER ✔✔helps organizations conduct
business by enacting agreements
, which of the following is a result of the Sarbanes Oxley Act ? - 🧠 ANSWER
✔✔senior managers must now sign off on the financial statements of
publicly held corporations
Board of Directors - primary duty - 🧠 ANSWER ✔✔select a CEO and to
oversee the CEO and senior management
what was the "knockout punch" that damaged Kodak's business irreparably
? - 🧠 ANSWER ✔✔the appearance of the first cell phone camera in 1994
which of the following is true of the industrial organization (I/O) view of
competitive advantage ? - 🧠 ANSWER ✔✔its focus is external
which of the following is true of the guerilla view of competitive advantage -
🧠 ANSWER ✔✔it concludes all competitive advantage is temporary
which of the following is true of resource-based view of competitive
advantage ? - 🧠 ANSWER ✔✔its major recommendation is to develop
unique resources and distinctive capabilities
driving force in the new business environment - 🧠 ANSWER
✔✔globalization
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
3
