Test Bank for Strategic Management: Text and Cases, 9e
vf
(Dess) All Chapters Fully Covered 1-38 With Questions
And 100% Verified Solutions
•
, TABLE OF CONTENT
PART 1: STRATEGIC ANALYSIS
1. Strategic Management: Creating Competitive Advantages
2. Analyzing the External Environment of the Firm 3. Assessing the Internal Environment
of the Firm 4. Recognizing a Firm’s Intellectual Assets: Moving beyond a Firm’s Tangible
Resources
PART 2: STRATEGIC FORMULATION
5. Business-Level Strategy: Creating and Sustaining Competitive Advantages
6. Corporate-Level Strategy: Creating Value through Diversification
7. International Strategy: Creating Value in Global Markets
8. Entrepreneurial Strategy and Competitive Dynamics
PART 3: STRATEGIC IMPLEMENTATION
9. Strategic Control and Corporate Governance 10. Creating Effective Organizational
Designs 11. Strategic Leadership: Creating a Learning Organization and an Ethical
Organization
12. Managing Innovation and Fostering Corporate Entrepreneurship
PART 4: CASE ANALYSIS
13. Analyzing Strategic Management Cases
Cases:
1. Robin Hood
2. The Global Casino Industry: Emerging from the Pandemic
3. Theorybridge.com: Making Academic Research Relevant to Practitioners
4. Dirty Laundry in the Fast Fashion Industry: H&M's Dilemma
5. Pocket Radar: The Disruptive Innovator in the Sports Radar Gun Market 6. Haribo and
the Gummi Bear Business: A Sticky Situation
7. Coinbase Global Inc.
8. Moet Hennessey Louis Vuitton
9. Southwest Airlines: Can “Luv” Be a Competitive Advantage? 10. JetBlue in 2022
11. Emirates Airline
12. Ford: Traveling Two Roads
13. General Motors: Plugging In?
14. Lime: Is E-Bike Sharing the Next Uber? 15. WW in 2022: Can Weight Watchers Shape
Up?
16. The Boston Beer Company: Competition is Brewing
17. Heineken
18. Tata Starbucks: A New Brew for India?
19. Nintendo: Could the Switch Turn on Gamers? 20. Apple Inc.: Limits to Growth?
21. Samsung Electronics 22. Zynga: Is the Game Over?
23. Flipkart in the Indian E-Commerce Market
24. eBay: Still Misunderstood
25. Alibaba Group: Rivals at the Gate?
26. Venmo: Better than Cash?
27. Johnson & Johnson 28. Procter & Gamble
29. McDonald's in 2022 30. United Way Worldwide
31. Campbell: How to Keep the Soup Simmering
32. World Wrestling Entertainment in 2022
33. Microfinance: Going Global . . . and Going Public?
34. Greenwood Resources: A Global Sustainable Venture in the Making
35. Kickstarter and Crowdfunding 2022
36. QVC in 2022
37. Cirque du Soleil in 2022
38. Walt Disney Company
,Chapter 1 Strategic Management: Creating Competitive Advantages
1) Lands' End's failure under the leadership of Ms. Frederica Marchionni was said to be a direct
result of the quality of her leadership. According to the text, this would be an example of the
"romantic" perspective of leadership.
Answer: TRUE
Explanation: In the romantic view of leadership, the implicit assumption is that the leader is the
key force in determining an organization's success or lack thereof. Under Ms. Marchionni's
leadership, the company reported a 19.5-million-dollar loss for 2016 after having reported a
73.8-million-dollar profit for the previous year under its previous CEO.
Difficulty: 2 Medium
Topic: Strategy and the Strategic Management Process
Learning Objective: 01-01 The definition of strategic management and its four key attributes.
Bloom's: Understand
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
2) Strategic management consists of the analyses, decisions, and actions an organization
undertakes in order to create and sustain competitive advantages.
Answer: TRUE
Explanation: According to the textbook, this is the definition of strategic management.
Difficulty: 1 Easy
Topic: Strategy and the Strategic Management Process
Learning Objective: 01-01 The definition of strategic management and its four key attributes.
Bloom's: Remember
AACSB: Knowledge Application
Accessibility: Keyboard Navigation
3) Management innovations such as total quality, just-in-time, benchmarking, business process
reengineering, and outsourcing are important but not enough for building sustainable competitive
advantage.
Answer: TRUE
Explanation: Sustainable competitive advantage cannot be achieved through operational
effectiveness alone. Popular management innovations of the last two decades like total quality,
just-in-time, benchmarking, business process reengineering, and outsourcing are concerned with
operational effectiveness.
Difficulty: 2 Medium
Topic: Strategy and the Strategic Management Process
Learning Objective: 01-01 The definition of strategic management and its four key attributes.
Bloom's: Understand
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
4) Trade-off decisions between effectiveness and efficiency are important in the practice of
, strategic management.
Answer: TRUE
Explanation: The fourth attribute of strategic management is that it involves the recognition of
trade-offs between effectiveness and efficiency. Some authors have referred to this as the
difference between doing the right thing (effectiveness) and doing things right (efficiency).
Difficulty: 2 Medium
Topic: Strategy and the Strategic Management Process
Learning Objective: 01-01 The definition of strategic management and its four key attributes.
Bloom's: Understand
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
5) According to Henry Mintzberg, a management scholar, most firms do not realize their original
intended strategy.
Answer: TRUE
Explanation: Henry Mintzberg states that the intended strategy rarely survives in its original
form. Unforeseen environmental developments, unanticipated resource constraints, or changes in
managerial preferences may result in at least some parts of the intended strategy remaining
unrealized. On the other hand, good managers will want to take advantage of a new opportunity
presented by the environment, even if it was not part of the original set of intentions.
Difficulty: 2 Medium
Topic: Strategy and the Strategic Management Process
Learning Objective: 01-02 The strategic management process and its three interrelated and
principal activities.
Bloom's: Understand
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
6) The final realized strategy of a firm is a combination of deliberate and time-tested strategies
only.
Answer: FALSE
Explanation: Realized strategy is that strategy of a firm in which organizational decisions are
determined by both analysis and unforeseen environmental developments, unanticipated resource
constraints, and/or changes in managerial preferences.
Difficulty: 2 Medium
Topic: Strategy and the Strategic Management Process
Learning Objective: 01-02 The strategic management process and its three interrelated and
principal activities.
Bloom's: Understand
AACSB: Knowledge Application
Accessibility: Keyboard Navigation
vf
(Dess) All Chapters Fully Covered 1-38 With Questions
And 100% Verified Solutions
•
, TABLE OF CONTENT
PART 1: STRATEGIC ANALYSIS
1. Strategic Management: Creating Competitive Advantages
2. Analyzing the External Environment of the Firm 3. Assessing the Internal Environment
of the Firm 4. Recognizing a Firm’s Intellectual Assets: Moving beyond a Firm’s Tangible
Resources
PART 2: STRATEGIC FORMULATION
5. Business-Level Strategy: Creating and Sustaining Competitive Advantages
6. Corporate-Level Strategy: Creating Value through Diversification
7. International Strategy: Creating Value in Global Markets
8. Entrepreneurial Strategy and Competitive Dynamics
PART 3: STRATEGIC IMPLEMENTATION
9. Strategic Control and Corporate Governance 10. Creating Effective Organizational
Designs 11. Strategic Leadership: Creating a Learning Organization and an Ethical
Organization
12. Managing Innovation and Fostering Corporate Entrepreneurship
PART 4: CASE ANALYSIS
13. Analyzing Strategic Management Cases
Cases:
1. Robin Hood
2. The Global Casino Industry: Emerging from the Pandemic
3. Theorybridge.com: Making Academic Research Relevant to Practitioners
4. Dirty Laundry in the Fast Fashion Industry: H&M's Dilemma
5. Pocket Radar: The Disruptive Innovator in the Sports Radar Gun Market 6. Haribo and
the Gummi Bear Business: A Sticky Situation
7. Coinbase Global Inc.
8. Moet Hennessey Louis Vuitton
9. Southwest Airlines: Can “Luv” Be a Competitive Advantage? 10. JetBlue in 2022
11. Emirates Airline
12. Ford: Traveling Two Roads
13. General Motors: Plugging In?
14. Lime: Is E-Bike Sharing the Next Uber? 15. WW in 2022: Can Weight Watchers Shape
Up?
16. The Boston Beer Company: Competition is Brewing
17. Heineken
18. Tata Starbucks: A New Brew for India?
19. Nintendo: Could the Switch Turn on Gamers? 20. Apple Inc.: Limits to Growth?
21. Samsung Electronics 22. Zynga: Is the Game Over?
23. Flipkart in the Indian E-Commerce Market
24. eBay: Still Misunderstood
25. Alibaba Group: Rivals at the Gate?
26. Venmo: Better than Cash?
27. Johnson & Johnson 28. Procter & Gamble
29. McDonald's in 2022 30. United Way Worldwide
31. Campbell: How to Keep the Soup Simmering
32. World Wrestling Entertainment in 2022
33. Microfinance: Going Global . . . and Going Public?
34. Greenwood Resources: A Global Sustainable Venture in the Making
35. Kickstarter and Crowdfunding 2022
36. QVC in 2022
37. Cirque du Soleil in 2022
38. Walt Disney Company
,Chapter 1 Strategic Management: Creating Competitive Advantages
1) Lands' End's failure under the leadership of Ms. Frederica Marchionni was said to be a direct
result of the quality of her leadership. According to the text, this would be an example of the
"romantic" perspective of leadership.
Answer: TRUE
Explanation: In the romantic view of leadership, the implicit assumption is that the leader is the
key force in determining an organization's success or lack thereof. Under Ms. Marchionni's
leadership, the company reported a 19.5-million-dollar loss for 2016 after having reported a
73.8-million-dollar profit for the previous year under its previous CEO.
Difficulty: 2 Medium
Topic: Strategy and the Strategic Management Process
Learning Objective: 01-01 The definition of strategic management and its four key attributes.
Bloom's: Understand
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
2) Strategic management consists of the analyses, decisions, and actions an organization
undertakes in order to create and sustain competitive advantages.
Answer: TRUE
Explanation: According to the textbook, this is the definition of strategic management.
Difficulty: 1 Easy
Topic: Strategy and the Strategic Management Process
Learning Objective: 01-01 The definition of strategic management and its four key attributes.
Bloom's: Remember
AACSB: Knowledge Application
Accessibility: Keyboard Navigation
3) Management innovations such as total quality, just-in-time, benchmarking, business process
reengineering, and outsourcing are important but not enough for building sustainable competitive
advantage.
Answer: TRUE
Explanation: Sustainable competitive advantage cannot be achieved through operational
effectiveness alone. Popular management innovations of the last two decades like total quality,
just-in-time, benchmarking, business process reengineering, and outsourcing are concerned with
operational effectiveness.
Difficulty: 2 Medium
Topic: Strategy and the Strategic Management Process
Learning Objective: 01-01 The definition of strategic management and its four key attributes.
Bloom's: Understand
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
4) Trade-off decisions between effectiveness and efficiency are important in the practice of
, strategic management.
Answer: TRUE
Explanation: The fourth attribute of strategic management is that it involves the recognition of
trade-offs between effectiveness and efficiency. Some authors have referred to this as the
difference between doing the right thing (effectiveness) and doing things right (efficiency).
Difficulty: 2 Medium
Topic: Strategy and the Strategic Management Process
Learning Objective: 01-01 The definition of strategic management and its four key attributes.
Bloom's: Understand
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
5) According to Henry Mintzberg, a management scholar, most firms do not realize their original
intended strategy.
Answer: TRUE
Explanation: Henry Mintzberg states that the intended strategy rarely survives in its original
form. Unforeseen environmental developments, unanticipated resource constraints, or changes in
managerial preferences may result in at least some parts of the intended strategy remaining
unrealized. On the other hand, good managers will want to take advantage of a new opportunity
presented by the environment, even if it was not part of the original set of intentions.
Difficulty: 2 Medium
Topic: Strategy and the Strategic Management Process
Learning Objective: 01-02 The strategic management process and its three interrelated and
principal activities.
Bloom's: Understand
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
6) The final realized strategy of a firm is a combination of deliberate and time-tested strategies
only.
Answer: FALSE
Explanation: Realized strategy is that strategy of a firm in which organizational decisions are
determined by both analysis and unforeseen environmental developments, unanticipated resource
constraints, and/or changes in managerial preferences.
Difficulty: 2 Medium
Topic: Strategy and the Strategic Management Process
Learning Objective: 01-02 The strategic management process and its three interrelated and
principal activities.
Bloom's: Understand
AACSB: Knowledge Application
Accessibility: Keyboard Navigation
