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BA 7080 Midterm Exam Questions And
Answers |Latest 2025 | Guaranteed Pass.
The primary purpose of strategy is:
A. To achieve success
B. To be a responsible corporate citizen
C. To create value for all stakeholders
D. To maximize shareholder value - Answer✔A. To achieve success
The successful careers of both Queen Elizabeth II and Lady Gaga may be attributed to the fact
that both:
A. Have built a loyal fan base based on astute use of the media
B. Have a consistency of direction based on clear goals
C. Have a knack for being in the right place at the right time
D. Have used dressing up as a means of attracting attention and establishing identity. -
Answer✔B. Have a consistency of direction based on clear goals
For both individuals and businesses, successful strategies are characterized by:
A. Unrelenting commitment to ambitious goals
B. Clear goals, understanding their competitive environment, awareness of internal strengths
and weaknesses, and effective implementation
C. Meticulous planning
1
, ©THESTAR 2024/2025 ALL RIGHTS RESERVED 3:09PM.
D. Possessing superior abilities and resources that are then deployed to build competitive
advantage - Answer✔B. Clear goals, understanding their competitive environment, awareness
of internal strengths and weaknesses, and effective implementation
Strategic goals should be:
A. Consistent
B. Long Term
C. All of the above
D. Simple - Answer✔C. All of the above
The main problem of SWOT as a framework for strategy analysis is that:
A. It has now been superseded by more sophisticated analytical frameworks
B. Distinguishing opportunities from threats and strengths from weaknesses is often difficult
C. It is so widely used that it no longer has any novelty
D. It is focused on strategy formulation and fails to take account of strategy implementation -
Answer✔B. Distinguishing opportunities from threats and strengths from weaknesses is often
difficult
Strategic fit refers to:
A. The need for a firm's strategy to fit the needs of all its stakeholders, not just shareholders
B. The need for a firm's strategy to be consistent with its vision, mission, and culture
C. The need for a firm's strategy to be unique
D. The consistency of a firm's strategy with its external and internal environments - Answer✔D.
The consistency of a firm's strategy with its external and internal environments
A conceptualization the firm as an "activity system" is a means of depicting:
A. The extent to which a management is motivated to implement a firm's strategy
B. The extent to which a firm's resources and capabilities are aligned with its strategic goals
C. The extent to which a firm's strategic goals are aligned with its industry environment
D. Consistency among a firm's activities - Answer✔D. Consistency among a firm's activities
2
, ©THESTAR 2024/2025 ALL RIGHTS RESERVED 3:09PM.
The principal similarity between business and military strategy is that:
A. The nature of leadership is much the same whether in a military or business context
B. They are both concerned with tactical maneuvers that can establish positions of advantage
C. They share the same objective: to annihilate rivals
D. They share common concepts and principles - Answer✔D. They share common concepts and
principles
In the military field, we generally make the following distinction between strategy and tactics:
A. Tactics form the overall plan whereas strategy is concerned with the maneuvers to win
battles
B. Tactics comprise the overall plan whereas strategy focuses on specific actions
C. Tactics relate to specific actions whereas strategy relates to the overall plan
D. Tactics encompass specific political actions within the firm whereas strategy is the overall
plan for deploying resources to establish a favorable position - Answer✔C. Tactics relate to
specific actions whereas strategy relates to the overall plan
The main reason for the transition from corporate planning to strategic management during the
latter half of the 1970s was:
A. Disappointing outcomes of corporate diversification.
B. The increasing costs of corporate planning departments.
C. Growing disillusionment with central planning
D. A more turbulent business environment that became increasingly difficult to predict -
Answer✔D. A more turbulent business environment that became increasingly difficult to
predict
The primary distinction between corporate strategy and business strategy is:
A. Corporate strategy is concerned with where the firm competes; business strategy with how it
competes
B. Corporate strategy is concerned with the long-term performance of the firm; business
strategy with resource deployment.
3
BA 7080 Midterm Exam Questions And
Answers |Latest 2025 | Guaranteed Pass.
The primary purpose of strategy is:
A. To achieve success
B. To be a responsible corporate citizen
C. To create value for all stakeholders
D. To maximize shareholder value - Answer✔A. To achieve success
The successful careers of both Queen Elizabeth II and Lady Gaga may be attributed to the fact
that both:
A. Have built a loyal fan base based on astute use of the media
B. Have a consistency of direction based on clear goals
C. Have a knack for being in the right place at the right time
D. Have used dressing up as a means of attracting attention and establishing identity. -
Answer✔B. Have a consistency of direction based on clear goals
For both individuals and businesses, successful strategies are characterized by:
A. Unrelenting commitment to ambitious goals
B. Clear goals, understanding their competitive environment, awareness of internal strengths
and weaknesses, and effective implementation
C. Meticulous planning
1
, ©THESTAR 2024/2025 ALL RIGHTS RESERVED 3:09PM.
D. Possessing superior abilities and resources that are then deployed to build competitive
advantage - Answer✔B. Clear goals, understanding their competitive environment, awareness
of internal strengths and weaknesses, and effective implementation
Strategic goals should be:
A. Consistent
B. Long Term
C. All of the above
D. Simple - Answer✔C. All of the above
The main problem of SWOT as a framework for strategy analysis is that:
A. It has now been superseded by more sophisticated analytical frameworks
B. Distinguishing opportunities from threats and strengths from weaknesses is often difficult
C. It is so widely used that it no longer has any novelty
D. It is focused on strategy formulation and fails to take account of strategy implementation -
Answer✔B. Distinguishing opportunities from threats and strengths from weaknesses is often
difficult
Strategic fit refers to:
A. The need for a firm's strategy to fit the needs of all its stakeholders, not just shareholders
B. The need for a firm's strategy to be consistent with its vision, mission, and culture
C. The need for a firm's strategy to be unique
D. The consistency of a firm's strategy with its external and internal environments - Answer✔D.
The consistency of a firm's strategy with its external and internal environments
A conceptualization the firm as an "activity system" is a means of depicting:
A. The extent to which a management is motivated to implement a firm's strategy
B. The extent to which a firm's resources and capabilities are aligned with its strategic goals
C. The extent to which a firm's strategic goals are aligned with its industry environment
D. Consistency among a firm's activities - Answer✔D. Consistency among a firm's activities
2
, ©THESTAR 2024/2025 ALL RIGHTS RESERVED 3:09PM.
The principal similarity between business and military strategy is that:
A. The nature of leadership is much the same whether in a military or business context
B. They are both concerned with tactical maneuvers that can establish positions of advantage
C. They share the same objective: to annihilate rivals
D. They share common concepts and principles - Answer✔D. They share common concepts and
principles
In the military field, we generally make the following distinction between strategy and tactics:
A. Tactics form the overall plan whereas strategy is concerned with the maneuvers to win
battles
B. Tactics comprise the overall plan whereas strategy focuses on specific actions
C. Tactics relate to specific actions whereas strategy relates to the overall plan
D. Tactics encompass specific political actions within the firm whereas strategy is the overall
plan for deploying resources to establish a favorable position - Answer✔C. Tactics relate to
specific actions whereas strategy relates to the overall plan
The main reason for the transition from corporate planning to strategic management during the
latter half of the 1970s was:
A. Disappointing outcomes of corporate diversification.
B. The increasing costs of corporate planning departments.
C. Growing disillusionment with central planning
D. A more turbulent business environment that became increasingly difficult to predict -
Answer✔D. A more turbulent business environment that became increasingly difficult to
predict
The primary distinction between corporate strategy and business strategy is:
A. Corporate strategy is concerned with where the firm competes; business strategy with how it
competes
B. Corporate strategy is concerned with the long-term performance of the firm; business
strategy with resource deployment.
3
