TEST BANK For Strategic Management, 6th Edition 2024 By Rothaermel Frank, Verified Chapters 1 - 12, Complete Newest Version
TEST BANK For Strategic Management, 6th Edition 2024 By Rothaermel Frank, Verified Chapters 1 - 12, Complete Newest Version
TEST BANK For Strategic Management, 6th Edition 2...
TEST I BANK I FOR
Strategic IManagement I6th IEdition IRothaermel IFrank
ISBN I9781265954574
Chapter I1-12 I Answers Iare Iat Ithe IEnd Iof IEach IChapter
Chapter I1
Student Iname:
1) A Igood Istrategy Iallows Ia Ifirm Ito Iachieve Isuperior Iperformance Iand Isustainable
Icompetitive Iadvantage Iwithout Iregard Ito Ithe Iexternal Ienvironment.
⊚ I true
⊚ I false
3) The Ithree Itasks Iof Ithe IAFI Istrategy Iframework Iare Ito IAssemble Ia Iprototype, IFind Ia Ibuyer,
Iand IIncorporate Ifeedback.
⊚ I true
⊚ I false
Ipotential Ito Igain Iand Isustain Ia Icompetitive Iadvantage?”
⊚ I true
⊚ I false
,5) Once Ia Istrategy Ihas Ibeen Iformulated Iand Iimplemented, Iit Iis Iimportant Ithat Ithe Ifirm Isticks
Ito Iit Ino Imatter Iwhat Ihappens.
⊚ I true
⊚ I false
6) Because Ithey Iare Ia Icrucial Icomponent Iof Ia Ifirm’s Isuccess, Icustomers Iare Iconsidered
Iinternal Istakeholders.
⊚ I true
⊚ I false
7) A Ifirm Iis Irequired Iby Isociety Iand Iits Ishareholders Ito Imeet Iits Iethical Iand
Iphilanthropic Iresponsibilities.
⊚ I true
⊚ I false
8) Stakeholder Iimpact Ianalysis Iprovides Ia Idecision Itool Ithat Ihelps Istrategic Ileaders Irecognize
Ithe Ineeds Iof Idifferent Istakeholders.
⊚ I true
⊚ I false
9) Juan Iwants Ito Iopen Ihis Iown Ihot Idog Irestaurant Ibut Idoesn’t Iknow Ianything Iabout
Ibusiness. IHe Ineeds Ihelp Idetermining Iwho Ihis Icompetition Iis, Ihow Ihe Ishould Icraft Ihis
Istrategy Ito Icompete Iand Ihow Ihe’ll Iimplement Ihis Istrategy Ito Iachieve Ia Icompetitive
Iadvantage. IHe’s Ihired Iyou Ito Ihelp Ihim Iget Istarted. IAs Ia Iresult, Iyou Iwill Iprobably Iuse
Iwhich Iof Ithe Ifollowing?
A) AFI Istrategy Iframework
B) Red IQueen Ieffect
C) competitive Ibenchmarking
D) Stakeholder IImpact Ianalysis
,10) Roberta Iis Iinterested Iin Ithe Iconcept Iof Istrategy Iand Idecides Ito Icreate Iher Iown. IAs Ia
Iresult, IRoberta Isays Ithat Iher Istrategy Iis Ito Ifocus Ion Icompetitive Ibenchmarking Ito
, 13) To Ibetter Iachieve Ia Icompetitive Iadvantage, Ifirms Imust Inow Iadopt Ia Iholistic Iapproach
Itowards Isatisfying Imultiple Istakeholders Iopposed Ito Ifocusing Ion Ithe Ineeds Iof Itheir
Ishareholders. IWhat Iterm Iis Iused Ifor Ithis Iapproach?
A) stakeholder Istrategy
B) internal Ishareholder Istrategy
C) value Icreation Istrategy
D) shareholder Irelationship Istrategy
14) All Iof Ithe Ifollowing Iare Iexternal Istakeholders Iexcept Iwhich Iof Ithe Ifollowing?
A) customers
B) creditors
C) alliance Ipartners
D) competitors
15) John Iis Ia Ibit Iconfused Iabout Ithe Idifference Ibetween Istakeholders Iand Istockholders. IYou
Imeet Iwith IJohn Iand Iinform Ihim Ithat Ithe Imain Idifference Iis Ithat
A) stakeholders Iare Iboth Iinternal Iand Iexternal Ito Ithe Ifirm Iwhile Istockholders
Iare Iconsidered Iexternal Ito Ithe Ifirm.
B) stakeholders Iare Iconsidered Iinternal Ito Ithe Ifirm Iwhile Istockholders Iare Iexternal Ito
Ithe Ifirm.
C) stakeholders Ican Ibe Iboth Iinternal Iand Iexternal Iwhile Istockholders Iown Ishares
Iof Ia Ifirm Iand Iare Iclassified Ias Iinternal Ito Ithe Ifirm.
D) stakeholders Iare Iexternal Ito Ithe Ifirm Iwhile Istockholders Iare Iconsidered Iinternal Ito
Ithe Ifirm.
16) Which Iof Ithe Ifollowing Ithree Iimportant Istakeholder Iattributes Ishould Imanagers Ipay
Ispecial Iclose Iattention Ito Iin Iorder Ito Ibetter Iunderstand Istakeholder Iimpact Ianalysis?
A) competitive Iadvantage, Ieconomic Ivalue, Iand Itime
B) power, Ilegitimacy, Iand Iurgency
C) grace Iunder Ipressure, Ifinancial Icontrol, Iand Ireward Ipower
D) shareholder Irights Iplan, Iboard Irepresentation Iand ICEO Iinfluence
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