BSG Test 1 Questions with Complete
Solutions4
According to Figure 1.1, which of the following is not something to look for in identifying a
company's strategy? - ANSWERS-Actions to boost the company credit rating and stock price
Among all the things managers do, nothing affects a company's ultimate success or failure more
fundamentally than - ANSWERS-How well its management team charts the company's direction,
develops competitively effective strategic moves and business approaches, and pursues what
needs to be done internally to produce good day-to-day strategy execution and operating
excellence
Which of the following is not something a company's strategy is concerned with? - ANSWERS-
Management's choice of which of several alternative business models to employ in delivering
value to customers and to shareholders
Which one of the following does not account for why a company's strategy evolves over time, as
shown in Figure 1.2 and explained in the accompanying text discussion? - ANSWERS-Managerial
preferences for keeping the life-cycle of any given strategy short
Which one of the following statements about whether a company's strategy can be considered
ethical is true? - ANSWERS-Just keeping a company's strategic actions within the bounds of
what is legal does not mean the strategy is ethical
A company's strategy can be considered "ethical" - ANSWERS-If it does not entail actions or
behaviors that cross the moral line from "can do" to "should not do"
(because such actions are unsavory, unconscionable, injurious to others, or unnecessarily
harmful to
the environment).
Solutions4
According to Figure 1.1, which of the following is not something to look for in identifying a
company's strategy? - ANSWERS-Actions to boost the company credit rating and stock price
Among all the things managers do, nothing affects a company's ultimate success or failure more
fundamentally than - ANSWERS-How well its management team charts the company's direction,
develops competitively effective strategic moves and business approaches, and pursues what
needs to be done internally to produce good day-to-day strategy execution and operating
excellence
Which of the following is not something a company's strategy is concerned with? - ANSWERS-
Management's choice of which of several alternative business models to employ in delivering
value to customers and to shareholders
Which one of the following does not account for why a company's strategy evolves over time, as
shown in Figure 1.2 and explained in the accompanying text discussion? - ANSWERS-Managerial
preferences for keeping the life-cycle of any given strategy short
Which one of the following statements about whether a company's strategy can be considered
ethical is true? - ANSWERS-Just keeping a company's strategic actions within the bounds of
what is legal does not mean the strategy is ethical
A company's strategy can be considered "ethical" - ANSWERS-If it does not entail actions or
behaviors that cross the moral line from "can do" to "should not do"
(because such actions are unsavory, unconscionable, injurious to others, or unnecessarily
harmful to
the environment).
