STRATEGICMANAGEMENT6THEDITION
ROTHAERMELFRANK
ISBN978-1266191862
,
,Chapter 1-12 AnswersareattheEndofEachChapter
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Chapter 1 J
Student name:
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1)AJgoodJstrategyJallowsJaJfirmJtoJachieveJsuperiorJperformanceJandJsustainableJcompetitiveJad
vantageJwithoutJregardJtoJtheJexternalJenvironment.
⊚J true
⊚J false
2)TheJfollowingJstatementJbyJtheJchiefJexecutiveJofJMegaFilmsJmovieJstudioJshouldJnotJbeJus
edJasJaJstrategy:J“WeJwillJproduceJtheJgreatestJfilmsJofJtheJ21stJcentury.”
⊚J true
⊚J false
3)TheJthreeJtasksJofJtheJAFIJstrategyJframeworkJareJtoJAssembleJaJprototype,JFindJaJbuyer,JandJInc
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⊚J true
⊚J false
4)QuestionsJaskedJduringJtheJstrategyJanalysisJstageJofJtheJAFIJframeworkJshouldJincludeJ“Wh
atJeffectsJdoJforcesJinJtheJexternalJenvironmentJhaveJonJtheJfirm’sJpotentialJtoJgainJandJsustai
nJ aJcompetitiveJadvantage?”
⊚J true
⊚J false
, 5)OnceJaJstrategyJhasJbeenJformulatedJandJimplemented,JitJisJimportantJthatJtheJfirmJsticksJtoJitJnoJ
matterJwhatJhappens.
⊚J true
⊚J false
6)BecauseJtheyJareJaJcrucialJcomponentJofJaJfirm’sJsuccess,JcustomersJareJconsideredJinternalJsta
keholders.
⊚J true
⊚J false
7)AJfirmJisJrequiredJbyJsocietyJandJitsJshareholdersJtoJmeetJitsJethicalJandJphilanthropicJres t
ponsibilities. t
⊚J true
t t
⊚J false
t t
8)StakeholderJimpactJanalysisJprovidesJaJdecisionJtoolJthatJhelpsJstrategicJleadersJrecognizeJtheJne t
edsJofJdifferentJstakeholders. t
⊚J true
t t
⊚J false
t t
9)JuanJwantsJtoJopenJhisJownJhotJdogJrestaurantJbutJdoesn’tJknowJanythingJaboutJbusiness.JHeJne e t
dsJhelpJdeterminingJwhoJhisJcompetitionJis,JhowJheJshouldJcraftJhisJstrategyJtoJcompeteJandJh o t
wJhe’llJimplementJhisJstrategyJtoJachieveJaJcompetitiveJadvantage.JHe’sJhiredJyouJtoJhelpJhimJ t
getJstarted.JAsJaJresult,JyouJwillJprobablyJuseJwhichJofJtheJfollowing?t
A)AFIJstrategyJframework t
B)RedJQueenJeffect t
C)competitiveJbenchmarking t
D)StakeholderJImpactJanalysis t