100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
[Test Bank] Strategic Management,, Text and Cases 9th Edition by Dess, McNamara, Eisner. All Chapters || Grade A+. $16.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. Alabama State University
  4.  
  5. Strategic Management,, Text and Cases

Exam (elaborations)

[Test Bank] Strategic Management,, Text and Cases 9th Edition by Dess, McNamara, Eisner. All Chapters || Grade A+.
 1 view  0 purchase

[Test Bank] Strategic Management,, Text and Cases 9th Edition by Dess, McNamara, Eisner. All Chapters || Grade A+.[Test Bank] Strategic Management,, Text and Cases 9th Edition by Dess, McNamara, Eisner. All Chapters || Grade A+.[Test Bank] Strategic Management,, Text and Cases 9th Edition by Dess, ...

[Show more]

Preview 4 out of 675  pages

Document information

  • November 2, 2024
  • 675
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • test bank strategic management text and cases

Written for

All documents for this subject (2)

Seller

avatar-seller
Wisdoms

Reviews received

Content preview

https://www.stuvia.com/




[Test Bank] Strategic Management,,
Text and Cases 9th Edition by Dess,
McNamara, Eisner.




Page 2 of 649
IO IO IO

,https://www.stuvia.com/




Strategic Management: Text and Cases, 9e (Dess)
IO IO IO IO



Chapter 1 Strategic Management: Creating Competitive Advantages
IO I O IO IO IO IO




1) Lands' End's failure under the leadership of Ms. Frederica Marchionni was said to be a
IO IO IO IO IO IO IO IO IO IO IO IO IO IO



directresult of the quality of her leadership. According to the text, this would be an example
IO IO IO IO IO IO IO IO IO IO IO IO IO IO IO IO IO



of the "romantic" perspective of leadership.
IO IO IO IO IO IO




Answer: TRUE I O



Explanation: In the romantic view of leadership, the implicit assumption is that the leader is
IO IO IO IO IO IO IO IO IO IO IO IO IO IO



thekey force in determining an organization's success or lack thereof. Under Ms.
IO IO IO IO IO IO IO IO IO IO IO IO IO



Marchionni's leadership, the company reported a 19.5-million-dollar loss for 2016 after
IO IO IO IO IO IO IO IO IO IO IO



having reported a 73.8-million-dollar profit for the previous year under its previous CEO.
IO IO IO IO IO IO IO IO IO IO IO IO IO



Difficulty: 2 Medium IO IO



Topic: Strategy and the Strategic Management Process
I O IO IO IO IO IO



Learning Objective: 01-01 The definition of strategic management and its four key
IO IO IO IO IO IO IO IO IO IO IO



attributes.Bloom's: Understand
IO IO I O



AACSB: Analytical Thinking IO IO



Accessibility: Keyboard
IO I O



Navigation
IO




2) Strategic management consists of the analyses, decisions, and actions an
IO IO IO IO IO IO IO IO IO



organizationundertakes in order to create and sustain competitive advantages.
IO IO IO IO IO IO IO IO IO IO




Answer: TRUE I O



Explanation: According to the textbook, this is the definition of strategic
IO IO IO IO IO IO IO IO IO IO



management.Difficulty: 1 Easy
IO IO IO IO



Topic: Strategy and the Strategic Management Process
I O IO IO IO IO IO



Learning Objective: 01-01 The definition of strategic management and its four key
IO IO IO IO IO IO IO IO IO IO IO



attributes.Bloom's: Remember
IO IO I O



AACSB: Knowledge Application IO IO



Accessibility: Keyboard
IO I O



Navigation
IO




3) Management innovations such as total quality, just-in-time, benchmarking, business process
IO IO IO IO IO IO IO IO IO



reengineering, and outsourcing are important but not enough for building sustainable
IO IO IO IO IO IO IO IO IO IO IO



competitiveadvantage.
IO IO




Answer: TRUE I O



Explanation: Sustainable competitive advantage cannot be achieved through operational
IO IO IO IO IO IO IO IO



effectiveness alone. Popular management innovations of the last two decades like total
IO IO IO IO IO IO IO IO IO IO IO IO



quality, just-in-time, benchmarking, business process reengineering, and outsourcing are
IO IO IO IO IO IO IO IO IO



concerned withoperational effectiveness.
IO IO IO IO



Difficulty: 2 Medium IO IO



Topic: Strategy and the Strategic Management Process
I O IO IO IO IO IO



Learning Objective: 01-01 The definition of strategic management and its four key
IO IO IO IO IO IO IO IO IO IO IO



attributes.Bloom's: Understand
IO IO I O



AACSB: Analytical Thinking IO IO



Accessibility: Keyboard
IO I O



Navigation
IO




Page 3 of 649 IO IO IO

,https://www.stuvia.com/




4) Trade-off decisions between effectiveness and efficiency are important in the practice of
IO IO IO IO IO IO IO IO IO IO IO




Page 4 of 649
IO IO IO

,https://www.stuvia.com/




strategic management. IO




Answer: TRUE I O



Explanation: The fourth attribute of strategic management is that it involves the recognition
IO IO IO IO IO IO IO IO IO IO IO IO



oftrade-offs between effectiveness and efficiency. Some authors have referred to this as the
IO IO IO IO IO IO IO IO IO IO IO IO IO IO



difference between doing the right thing (effectiveness) and doing things right (efficiency).
IO IO IO IO IO IO IO IO IO IO IO IO



Difficulty: 2 Medium IO IO



Topic: Strategy and the Strategic Management Process
I O IO IO IO IO IO



Learning Objective: 01-01 The definition of strategic management and its four key
IO IO IO IO IO IO IO IO IO IO IO



attributes.Bloom's: Understand
IO IO I O



AACSB: Analytical Thinking IO IO



Accessibility: Keyboard
IO I O



Navigation
IO




5) According to Henry Mintzberg, a management scholar, most firms do not realize their
IO IO IO IO IO IO IO IO IO IO IO IO



originalintended strategy.
IO IO IO




Answer: TRUE I O



Explanation: Henry Mintzberg states that the intended strategy rarely survives in its original
IO IO IO IO IO IO IO IO IO IO IO IO



form. Unforeseen environmental developments, unanticipated resource constraints, or changes
IO IO IO IO IO IO IO IO IO



inmanagerial preferences may result in at least some parts of the intended strategy remaining
IO IO IO IO IO IO IO IO IO IO IO IO IO IO IO



unrealized. On the other hand, good managers will want to take advantage of a new
IO IO IO IO IO IO IO IO IO IO IO IO IO IO IO



opportunity presented by the environment, even if it was not part of the original set of
IO IO IO IO IO IO IO IO IO IO IO IO IO IO IO IO



intentions.
IO



Difficulty: 2 Medium IO IO



Topic: Strategy and the Strategic Management Process
I O IO IO IO IO IO



Learning Objective: 01-02 The strategic management process and its three interrelated
IO IO IO IO IO IO IO IO IO IO



andprincipal activities.
IO IO IO



Bloom's: Understand I O



AACSB: Analytical
IO I O



Thinking
IO



Accessibility: Keyboard Navigation I O IO




6) The final realized strategy of a firm is a combination of deliberate and time-tested
IO IO IO IO IO IO IO IO IO IO IO IO IO



strategiesonly.
IO IO




Answer: FALSE I O



Explanation: Realized strategy is that strategy of a firm in which organizational decisions are
IO IO IO IO IO IO IO IO IO IO IO IO IO



determined by both analysis and unforeseen environmental developments, unanticipated
IO IO IO IO IO IO IO IO IO



resourceconstraints, and/or changes in managerial preferences.
IO IO IO IO IO IO IO



Difficulty: 2 Medium IO IO



Topic: Strategy and the Strategic Management Process
I O IO IO IO IO IO



Learning Objective: 01-02 The strategic management process and its three interrelated
IO IO IO IO IO IO IO IO IO IO



andprincipal activities.
IO IO IO



Bloom's: Understand I O



AACSB: Knowledge Application IO IO



Accessibility: Keyboard
IO I O



Navigation
IO




Page 5 of 649 IO IO IO

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Wisdoms. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $16.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67096 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$16.99
  • (0)
  Add to cart