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Exam (elaborations)
MNGT 681 EXAM 1 ACTUAL 2026 QUESTIONS AND 100% CORRECT ANSWERS
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---9January 20262025/2026A+
- MNGT 681 EXAM 1 ACTUAL 
2025/2026 QUESTIONS AND 100% 
CORRECT ANSWERS 
True or False: According to Michael Porter, "fit" is a concept that can be 
applied to the system of an organizations activities and has three types 
or orders, which are consistency between activity and the strategy, 
reinforcing activities, and optimization efforts. 
- Answer -True 
True or False: Mike Tyson's statement that "Everyone has a plan until I 
punch them in the face" captures the limitations of the...
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AdelineJean
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Exam (elaborations)
MNGT 681 Exam 2 questions well answered already passed
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---2September 20252025/2026A+
- MNGT 681 Exam 2 questions well answered already passed 
When Delta purchased an oil refinery, they engaged in forward vertical integration. - correct answer False 
 
Which is the following is a reason that corporate diversification strategies frequently fail, according to Porter? - correct answer All of the above. 
(They distract from business-level strategy. 
They add overhead and additional managerial costs. 
Business units may end up competing against each other instead of cooperating.) 
 
Wh...
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7Eleven
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Exam (elaborations)
MNGT 681 Exam 1 well answered already passed
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--17September 20252025/2026A+
- MNGT 681 Exam 1 well answered already passedT/F: A firm's realized strategy is the strategy it actually follows, regardless of whether the strategy was intended or emergent - correct answer True 
 
According to the textbook, the strategic management process occurs in which order? - correct answer Understanding strategy and performance, environmental and internal scanning, strategy formulation, strategy implementation 
 
________ focuses on the extent that a firm's actions over time are con...
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7Eleven