9/9/23,O12:57OP TestOBankOSolutionsOForOStrategicOManagement:OTextOandOCasesO10thOEdi
M tio…
6/1/2020 AssignmentOPrintOView
ForO AllO ChaptersO -->O
1. Award:
Apple’sO successO underO itsO formerO CEO,O SteveO Jobs,O wasO largelyO attributedO toO theO qualityO ofO it
sO leader. OAccordingO toOtheOtext,OthisO wouldO beO anOexampleO ofO theO"romantic"O perspectiveO ofO
leadership.
➜ OTrue
O False
InOtheOromantic OviewOofOleadership,O theOimplicitOassumptionO isOthatO theOleader OisO theOkeyOfor
ceOinOdeterminingOanO organization'sO successO orO lackO thereof. OConsider,O forOexample,O theO credit
OthatO hasO beenObestowedO onO leadersO suchO asO BillO Gates,O AndrewO Grove,O andO JeffO BezosO forO
theO tremendousOaccomplishmentsOwhenOtheyOledOtheirO firms:OMicrosoft,OIntel,OandOAmazon,Ore
spectively.
Similarly,OtheO emergenceO ofO AppleOasO oneOofO theOmostO valuableO firmsO inOtheO worldO hasO been
OattributedOalmost OentirelyOtoOtheO lateOSteveOJobs,O itsO formerOCEO,O whoO diedO onO October O 5,O
2011.
Difficulty:O 1O Easy LearningO Objective:O 01-01O DefineO strategic
managementOandOitsOfourOkeyOattributes.
2. Award:
StrategicO managementO consistsO ofO theO analyses,O decisions,O andO actionsO anO organizationO undert
akesO inOorderOtoOcreateOandO sustainOcompetitive Oadvantages.
➜ OTrue
O False
AccordingOtoO theOtextbook,O thisO isOtheO definitionO ofO strategicO management.
Difficulty:O 1O Easy LearningO Objective:O 01-01O DefineO strategic
managementOandOitsOfourOkeyOattributes.
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,9/9/23,O12:57OP TestOBankOSolutionsOForOStrategicOManagement:OTextOandOCasesO10thOEdi
M tio…
6/1/2020 AssignmentOPrintOView
ForO AllO ChaptersO -->O
3. Award:
ManagementO innovations O suchOasO totalO quality,Ojust-in-
time,Obenchmarking,ObusinessO processOreengineering,O andO outsourcingOareOimportantO butO notO e
noughOforO buildingOsustainableOcompetitiveOadvantage.
➜ OTrue
O False
SustainableO competitiveO advantageO cannotO beO achievedO throughO operationalO effectivenessO alon
e.OPopularOmanagementOinnovationsOofOtheOlastOtwoOdecadesOlikeOtotalOquality,Ojust-in-
time,Obenchmarking,ObusinessO processO reengineering,O andO outsourcingO areO concernedO withO oper
ationalO effectiveness.
Difficulty:O2OMedium LearningOObjective:O 01-01O DefineOstrategic
managementOandOitsOfourOkeyOattributes.
4. Award:
Trade-
offO decisionsO betweenO effectivenessO andO efficiencyO areO importantO inO theO practiceO ofO strategicOmanag
ement.
➜ OTrue
O False
TheOfourthOattribute OofOstrategicOmanagementOisOthatOitOinvolvesOtheOrecognitionOofOtrade-
offsObetweenOeffectivenessOandOefficiency. OSomeOauthorsOhaveOreferredOtoOthisOasOtheOdiffere
nceObetweenOdoingOtheOrightOthingO(effectiveness)O andOdoingO thingsOrightO (efficiency).
Difficulty:O2OMedium LearningOObjective:O 01-01O DefineOstrategic
managementOandOitsOfourOkeyOattributes.
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This is a preview
O O O
DoO youO wantO fullO access?O GoO PremiumO andO unlockOallO87Opages
AccessOtoOallOdocumentsO
GetOUnlimitedODownload
sOImproveOyourOgrades
FreeOTrial
GetO30OdaysOofOfreeOPremium
Upload
ShareOyourOdocumentsOtoOunlock
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, 9/9/23,O12:57OP TestOBankOSolutionsOForOStrategicOManagement:OTextOandOCasesO10thOEdi
M tio…
6/1/2020 AssignmentOPrintOView
ForO AllO ChaptersO -->O
5. Award:
AccordingOtoOHenryOMintzberg,OaOmanagementOscholar,OmostOfirmsOdoOnotOrealize OtheirOorigina
lOintendedOstrategy.
➜ OTrue
O False
HenryO MintzbergOstatesO thatOtheO intendedOstrategyOrarelyO survivesO inO itsO originalO form.O Unfore
seenOenvironmentalO developments,O unanticipatedO resourceO constraints,O orO changesO inO manageri
alOpreferencesO mayOresultO inO atOleastO someO partsO ofOtheO intendedOstrategyOremainingO unrealiz
ed. OOnOtheOother O hand,O goodO managersO willO wantO toO takeOadvantageO ofOaO newO opportunityO
presentedO byOtheOenvironment,OevenO ifOitOwasOnotO partO ofOtheO originalOsetO ofO intentions.
Difficulty:O2OMedium LearningO Objective:O 01-02O UnderstandO the
strategicO managementO processO andO it
sOthree OinterrelatedOandOprincipalOacti
vities.
6. Award:
TheO finalOrealizedO strategyO ofO aO firmO isOaOcombinationO ofO deliberateOandO time-
testedO strategiesO only.
O True
➜ OFalse
RealizedOstrategyO isOthatOstrategyO ofOaO firmOinO whichO organizationalO decisionsOareO determined
ObyO bothOanalysisO andO unforeseenO environmentalO developments,O unanticipatedO resourceO constra
ints,O and/orOchangesOinO managerialO preferences.
Difficulty:O2OMedium LearningO Objective:O 01-02O UnderstandO the
strategicO managementO processO andO it
sOthree OinterrelatedOandOprincipalOacti
vities.
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M tio…
6/1/2020 AssignmentOPrintOView
ForO AllO ChaptersO -->O
1. Award:
Apple’sO successO underO itsO formerO CEO,O SteveO Jobs,O wasO largelyO attributedO toO theO qualityO ofO it
sO leader. OAccordingO toOtheOtext,OthisO wouldO beO anOexampleO ofO theO"romantic"O perspectiveO ofO
leadership.
➜ OTrue
O False
InOtheOromantic OviewOofOleadership,O theOimplicitOassumptionO isOthatO theOleader OisO theOkeyOfor
ceOinOdeterminingOanO organization'sO successO orO lackO thereof. OConsider,O forOexample,O theO credit
OthatO hasO beenObestowedO onO leadersO suchO asO BillO Gates,O AndrewO Grove,O andO JeffO BezosO forO
theO tremendousOaccomplishmentsOwhenOtheyOledOtheirO firms:OMicrosoft,OIntel,OandOAmazon,Ore
spectively.
Similarly,OtheO emergenceO ofO AppleOasO oneOofO theOmostO valuableO firmsO inOtheO worldO hasO been
OattributedOalmost OentirelyOtoOtheO lateOSteveOJobs,O itsO formerOCEO,O whoO diedO onO October O 5,O
2011.
Difficulty:O 1O Easy LearningO Objective:O 01-01O DefineO strategic
managementOandOitsOfourOkeyOattributes.
2. Award:
StrategicO managementO consistsO ofO theO analyses,O decisions,O andO actionsO anO organizationO undert
akesO inOorderOtoOcreateOandO sustainOcompetitive Oadvantages.
➜ OTrue
O False
AccordingOtoO theOtextbook,O thisO isOtheO definitionO ofO strategicO management.
Difficulty:O 1O Easy LearningO Objective:O 01-01O DefineO strategic
managementOandOitsOfourOkeyOattributes.
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,9/9/23,O12:57OP TestOBankOSolutionsOForOStrategicOManagement:OTextOandOCasesO10thOEdi
M tio…
6/1/2020 AssignmentOPrintOView
ForO AllO ChaptersO -->O
3. Award:
ManagementO innovations O suchOasO totalO quality,Ojust-in-
time,Obenchmarking,ObusinessO processOreengineering,O andO outsourcingOareOimportantO butO notO e
noughOforO buildingOsustainableOcompetitiveOadvantage.
➜ OTrue
O False
SustainableO competitiveO advantageO cannotO beO achievedO throughO operationalO effectivenessO alon
e.OPopularOmanagementOinnovationsOofOtheOlastOtwoOdecadesOlikeOtotalOquality,Ojust-in-
time,Obenchmarking,ObusinessO processO reengineering,O andO outsourcingO areO concernedO withO oper
ationalO effectiveness.
Difficulty:O2OMedium LearningOObjective:O 01-01O DefineOstrategic
managementOandOitsOfourOkeyOattributes.
4. Award:
Trade-
offO decisionsO betweenO effectivenessO andO efficiencyO areO importantO inO theO practiceO ofO strategicOmanag
ement.
➜ OTrue
O False
TheOfourthOattribute OofOstrategicOmanagementOisOthatOitOinvolvesOtheOrecognitionOofOtrade-
offsObetweenOeffectivenessOandOefficiency. OSomeOauthorsOhaveOreferredOtoOthisOasOtheOdiffere
nceObetweenOdoingOtheOrightOthingO(effectiveness)O andOdoingO thingsOrightO (efficiency).
Difficulty:O2OMedium LearningOObjective:O 01-01O DefineOstrategic
managementOandOitsOfourOkeyOattributes.
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,9/9/23,O12:57OP TestOBankOSolutionsOForOStrategicOManagement:OTextOandOCasesO10thOEdi
M tio…
This is a preview
O O O
DoO youO wantO fullO access?O GoO PremiumO andO unlockOallO87Opages
AccessOtoOallOdocumentsO
GetOUnlimitedODownload
sOImproveOyourOgrades
FreeOTrial
GetO30OdaysOofOfreeOPremium
Upload
ShareOyourOdocumentsOtoOunlock
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, 9/9/23,O12:57OP TestOBankOSolutionsOForOStrategicOManagement:OTextOandOCasesO10thOEdi
M tio…
6/1/2020 AssignmentOPrintOView
ForO AllO ChaptersO -->O
5. Award:
AccordingOtoOHenryOMintzberg,OaOmanagementOscholar,OmostOfirmsOdoOnotOrealize OtheirOorigina
lOintendedOstrategy.
➜ OTrue
O False
HenryO MintzbergOstatesO thatOtheO intendedOstrategyOrarelyO survivesO inO itsO originalO form.O Unfore
seenOenvironmentalO developments,O unanticipatedO resourceO constraints,O orO changesO inO manageri
alOpreferencesO mayOresultO inO atOleastO someO partsO ofOtheO intendedOstrategyOremainingO unrealiz
ed. OOnOtheOother O hand,O goodO managersO willO wantO toO takeOadvantageO ofOaO newO opportunityO
presentedO byOtheOenvironment,OevenO ifOitOwasOnotO partO ofOtheO originalOsetO ofO intentions.
Difficulty:O2OMedium LearningO Objective:O 01-02O UnderstandO the
strategicO managementO processO andO it
sOthree OinterrelatedOandOprincipalOacti
vities.
6. Award:
TheO finalOrealizedO strategyO ofO aO firmO isOaOcombinationO ofO deliberateOandO time-
testedO strategiesO only.
O True
➜ OFalse
RealizedOstrategyO isOthatOstrategyO ofOaO firmOinO whichO organizationalO decisionsOareO determined
ObyO bothOanalysisO andO unforeseenO environmentalO developments,O unanticipatedO resourceO constra
ints,O and/orOchangesOinO managerialO preferences.
Difficulty:O2OMedium LearningO Objective:O 01-02O UnderstandO the
strategicO managementO processO andO it
sOthree OinterrelatedOandOprincipalOacti
vities.
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