Test Bank — Strategic Management: Text and Cases, 11th Edition (Dess, McNamara, Eisner & Sauerwald, 2023) | All Chapters and Cases Covered

TEST BANK
Strategic Management: Text and Cases
Gregory Dess, Gerry McNamara, Alan Eisner, Steve Sauerwald
ST

────────────────────────────────────────────────────
SUT

11th Edition
VUI
VAI?
A_?
A_P
MP
GROE
EVK
E?D
??
?

, TABLE OF CONTENTS
Test Bank: Strategic Management Text and Cases, 11th Edition
By Gregory Dess, Gerry McNamara, Alan Eisner, and Steve Sauerwald

PART 1: STRATEGIC ANALYSIS
ST

CHAPTER 1 Strategic Management: Creating Competitive Advantages

CHAPTER 2 Analyzing the External Environment of the Firm
SUT

CHAPTER 3 Assessing the Internal Environment of the Firm

CHAPTER 4 Recognizing a Firm's Intellectual Assets: Moving beyond a Firm's Tangible
VUI

Resources

PART 2: STRATEGIC FORMULATION
VAI?

CHAPTER 5 Business-Level Strategy: Creating and Sustaining Competitive Advantages

CHAPTER 6 Corporate-Level Strategy: Creating Value through Diversification

CHAPTER 7 International Strategy: Creating Value in Global Markets
A_?

CHAPTER 8 Entrepreneurial Strategy and Competitive Dynamics

PART 3: STRATEGIC IMPLEMENTATION
A_P

CHAPTER 9 Strategic Control and Corporate Governance

CHAPTER 10 Creating Effective Organizational Designs
MP

CHAPTER 11 Strategic Leadership: Creating a Learning Organization and an Ethical
Organization
GROE

CHAPTER 12 Managing Innovation and Fostering Corporate Entrepreneurship

PART 4: CASE ANALYSIS

CHAPTER 13 Analyzing Strategic Management Cases
EVK
E?D
??
?

, Chapter 1. Strategic Management: Creating Competitive Advantages


Student name:
1) The success of Apple under its former CEO, Steve Jobs, was largely attributed to the quality
of its leader. According to the text, this would be an example of the “romantic” perspective
of leadership.
⊚ true
ST
⊚ false
SUT
2) Strategic management consists of the analyses, decisions, and actions an organization
undertakes in order to create and sustain competitive advantages.
⊚ true
VUI
⊚ false
VAI?
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.
A_?
⊚ true
⊚ false
A_P

4) Trade-off decisions between effectiveness and efficiency are important in the practice of
MP
strategic management.
⊚ true
⊚ false
GROE

5) According to the textbook, digitizing existing business processes rarely improves efficiency.
⊚ true
EVK
⊚ false
E?D
6) A company that digitizes existing processes may achieve operational excellence on an
outdated value proposition. Airbnb is an example of a company that entered the market with
a superior digital offering, competing against hotels that had only digitized processes.
??
⊚ true
⊚ false
?

, Chapter 1. Strategic Management: Creating Competitive Advantages


7) According to Henry Mintzberg, a management scholar, most firms do not realize their
original intended strategy.
⊚ true
⊚ false
ST

8) The final realized strategy of a firm is a combination of deliberate and time-tested strategies
only.
SUT
⊚ true
⊚ false
VUI

9) Strategy analysis is the study of only the big picture external environments of the firm.
⊚ true
VAI?
⊚ false
A_?
10) All successful firms compete and outperform their rivals by developing bases for competitive
advantage, which can be achieved only through cost leadership.
⊚ true
A_P
⊚ false
MP
11) The three primary participants in corporate governance are:
1. (1) the shareholders,
2. (2) the management (led by the chief executive officer),
GROE
3. and (3) the employees.
⊚ true
⊚ false
EVK

12) Decisions by boards of directors are always consistent with shareholder interests.
E?D
⊚ true
⊚ false
??
?