Question 1Question Show
A key characteristic of strategic decisions is that: Answer
Question 2Question Identification of what 'helps managers to focus on the environmental factors that are most important and which must be addressed most urgently'? Answer
Question 3Question What is meant by the term 'SBU'? Answer
Question 4Question The term ’corporate strategy' concerns strategy and strategic decisions: Answer
Question 5Question Which type of lens encourages a detached approach to planning and analysis, valuing hard facts and objectivity? Answer
Question 6Question Which of the following is NOT a way of overcoming bases of competitive advantage? Answer
Question 7Question Which of the following is not one of the alternative directions shown on the Ansoff product/market growth matrix? Answer
Question 8Question It is possible to identify different levels of strategy in an organisation; these are: Answer
Question 9Question What term is used for the 'long-term direction of an organisation'?
Answer
Question 10Question Which of the following statements accurately relates to the stakeholder model of governance? Answer
Question 11Question What term is used for a situation where early events and decisions establish policy paths that have lasting effects on subsequent events and decisions? Answer
Question 12Question What term is used for M&A integration in which it is implied that both the acquired firm and the acquiring firm learn the best qualities from the other? Answer
Question 13Question In the context of strategic alliances, what is meant by the term 'collaborative advantage'? Answer
Question 14Question When using PESTEL it is easy to get overwhelmed by a multitude of details. Instead, it is important to step back and identify the: Answer
Question 15Question Which of the following is likely to be a cost of corporate parenting? Answer
Question 16Question Strategic choices require an understanding of: Answer
Question 17Question A film company and a music recording company may choose to combine, believing that the result will be more effective than the sum of the two component parts. What term is used for the benefits? Answer
Question 18Question Best-in-class benchmarking seeks to assess organisational performance against: Answer
Question 19Question Which of the following definitions explains what is meant by the corporate parent? Answer
Question 20Question Core competences are the skills and abilities by which resources are deployed through anorganisation’s activities and processes such as to: Answer
Question 21Question Which of the following terms is used for'an organisation that is loosely coordinatedinternationally, but involves dispersion overseas of variousactivities, with goods and services produced locally in each national market’? Answer
Question 22Question Who shapes and communicates strategy? Answer
Question 23Question What is defined as 'a group of customers who have similar needs that are different from customer needs in other parts of the market'? Answer
Question 24Question Which of the following are the correct axes for stakeholder mapping? Answer
Question 25Question Which of the following is not a method of strategy development? Answer
Question 26Question What term is used for two or more organisations sharing resources and activities to pursue a strategy? Answer
Question 27Question What term is used for something that 'creates substantial growth by offering a new performance trajectory that, even if initially inferior to the performance of existing technologies, has the potential to become markedly superior'? Answer
Question 28Question Which of the following is least likely to be a contextual factor that might swing the balance between moving first to moving second? Answer
Question 29Question The four major players in a particular industry have all recently spent large sums reducing the environmental impact of their factories. What is the probable result of this on the competitive attractiveness of the industry for the players within it? Answer
Question 30Question The primary aim of Porter's Five Forces framework is to answer which of the following questions? Answer
Question 31Question In recent decades, technologies in the aerospace industry have become more difficult to master and the products have become more complex. Which of the following best describes how a competitive force has changed as a result in this industry? Answer
Question 32Question What term is used for an organisation's abilities to renew and recreate its strategic capabilities to meet the needs of a changing environment? Answer
Question 33Question What name is given to the purchase of components and services from the most appropriate suppliers around the world regardless of location? Answer
Question 34Question A competitor finds it difficult to identify the basis for an organisation's competitive advantage. What term is used for this situation? Answer
Question 35Question The Royal Bank of Scotland's consortium competed with Barclays Bank to acquire the Dutch bank ABN AMRO: the Royal Bank of Scotland won, but the excessive price of '70bn (~$98bn) soon drove the victor into financial collapse and government ownership. What term is used for this situation? Answer
Question 36Question Which of the following best describes a 'deliberate' strategy? Answer
Question 37Question Which of the following is not a category in the BCG matrix? Answer
Question 38Question The QWERTY typewriter layout is an example of which of the following? Answer
Question 39Question What name is given to the process of divulging information to outside bodies when a person believes that their organisation is failing in its corporate social responsibility Answer
Question 40Question What term is used for the process by which innovations spread among users? Answer
Question 41Question In the Exploring Strategy Model, what heading is used to cover environment, capability, goals and culture? Answer
Question 42Question The experience lens suggests that strategies develop: Answer
Question 43
Question Identification of what 'helps managers to focus on the environmental factors that are most important and which must be addressed most urgently'? Answer
Question 44Question What is defined as ’a group of customers who have similar needs that are different from customer needs in other parts of the market'? Answer
Question 45Question Which of the following is NOT part of Rumelt’s tests of Business Strategy? Answer
Question 46Question Which of the following is NOT an outcome of Hrebiniak & Joyce (1985) environmental determinism framework? Answer
Question 47Question Which one of the following is not part of Bourgeois & Brodwin (1983) strategic implementation perspective on Leadership? Answer
Question 48Question One of the following is NOT a condition for achieving Cost Leadership AND Differentiation Answer
Question 49Question Which of the following is NOT a cost driver? Answer
Question 50Question Which of the following is NOT a differentiation driver? Answer
Question 51Question Which of the following is NOT An outcome of Dunphy & Stace (1993) contingency based model change management? Answer
Question 52Question Which of the following is NOT one of Bourgeois and Brodwin’s (1983) approaches to strategy implementation? Answer
Question 53Question Managerial attempt to link emergent and deliberate is often referred to as: Answer
Question 54Question Which of the following is NOT a critique of the linear model of strategy? Answer
Question 55Question Which of the following is an outcome of the rationality, frictions and inertia associated with the linear model of strategy? Answer
Question 56Question The linear model of strategy’s Emphasis on rationalization can lead to all the following except: Answer
Question 57Question Which of the following school of strategy is NOT a prescriptive perspective on strategy? Answer
Question 58Question Which of the following school of strategy is NOT classified as a descriptive perspective on strategy? Answer
Question 59Question Which of the following is NOT one of the 5Ps of strategy? Answer
Question 60Question According to Barney (1991) resources are likely to provide a competitive advantage when they are Organized, valuable, inimitable and…. Answer
Question 61Question Machines, buildings, raw materials, databases, computer systems are examples of… Answer
Question 62Question Which of the following is NOT a key criteria by which capabilities can be assessed in terms of providing a basis for achieving sustainable competitive advantage? Answer
Question 63Question Which of the following might lead to the inimitability of a strategic capability? Answer
Question 64Question Which of the following is NOT a characteristic of a core competence? Answer
Question 65Question The section marked XXXXXXXXXX in the figure below represents: ( figure is shown cba to try and put it here) Answer
Question 66Question Which of the following as argued by Leonard-Barton(1992) inhibit a firm’s ability to access and develop new capabilities? Answer
Question 67Question The more highly developed an organizations capabilities,….. Answer
Question 68Question Which of the following is an approach to developing capabilities? Answer
Question 69Question Which of the following is NOT a step in the framework for analysing resources and capabilities? Answer
Question 70Question In 2016, it emerged that previous research into emissions from diesel engines was flawed and that they were much worse for the environment than other types of engines. For firms associated with the production of diesel engines, this revelation is best described as an …. Answer
Question 71Question Due to uncertainty relating to Brexit, the pound is currently quite weak against many other currencies. Which element of PESTEL would this most relate to? Answer
Question 72Question The advent of comparison websites for products such as car insurance has had the biggest impact on which element of Porter’s Five Forces framework Answer
Question 73Question In the “Strategic Capabilities” element of strategic positioning, a good example of causal ambiguity might be …. Answer
Question 74Question Resources differ from competences in that …. Answer
Question 75Question One of the primary activities in Porter’s Value Chain is outbound logistics, which involves …. Answer
Question 76Question KFC’s special mix of eleven herbs and spices may be thought of as being most closely associated with which element of Barney’s VRIO model? Question 77Question 1Aldi is a German discount supermarket chains with over 10,000 stores in 20 countries, & an estimated combined turnover of more than €50 billion. Which of Bowman’s routes best describes Aldi’s business approach? Answer
Question 78Question Which Generic Strategy best describes Sainsbury’s business approach? Answer
Question 79Question Using the case study, “The IKEA Approach”, which of the following best describes Ikea’s Generic Strategy …. Answer
Question 80Question Which of the following is NOT likely to be a benefit of corporate parenting? Answer
Question 81Question Using the “Virgin – is the brand more than Richard Branson?” case study, which type of corporate parenting role best describes the Virgin Group? Answer
Question 82Question The concept of a “born global” firm is where …. Answer
Question 83Question Which of the four international strategies is most likely to be difficult to implement in practice? Answer
Question 84Question The Japanese camera industry grew to be world-renowned due to the high expectations of consumers in the home market. Which element of Porter’s Diamond would this relate to? Answer
Question 85Question What is the global/local dilemma? Answer
Question 86Question Apple Inc. is an American technology company that designs & sells consumer electronics, software, & online services, employing 123,000 staff & earning $229 billion in worldwide revenue in 2017. The approach taken by Apple to product development focuses primarily on …. Answer
Question 87Question Garmin & TomTom are well-known brands of stand-alone satellite navigation units for cars. However, the rapid development of equivalent smartphone apps has had a huge impact on their sales. The term given for this type of innovation is …. Answer
Question 88Question Trial and error in strategy development is most associated with which of the following approaches …. Answer
Question 89Question The common approaches to capability-building exclude Answer
Question 90Question Accessing capabilities from an external source is to access them via collaborative partnership with suppliers, competitors or other companies having the cutting edge expertise. Which of the following is NOT one of the basic ways to pursue this course of action? Answer
Question 91Question An organization becomes a prime candidate for diversifying under one of the following circumstances Answer
Question 92Question Which of the following is NOT one of Porter’s three tests for buying or selling off an SBU to improve shareholders value? Answer
Question 93Question Which of the following is NOT a benefit of the M-Form Answer
Question 94Question All the following is a key indicator of industry attractiveness EXCEPT: Answer
Question 95Question Which of the following is NOT a strategic option for internationalization, diversification or innovation? Answer
Question 96Question Which of the following is NOT a true about a strategic alliance? Answer
Question 97Question Strategic alliances have become more popular in recent years because of Answer
Which of the following is not the feature of strategic decisionFor a company to be successful, the continuous implementation of strategic decisions is not a prerequisite.
Which of the following is not an operations strategic decision?The correct answer is A.
Marketing is not one of the ten strategic operation management decisions that a business has to make.
What are the 5 key characteristics of a strategic decision?Strategic decision making (SOM) is of great and growing importance because of five characteristics of strategic decisions (SOs): (a) they are usually big, risky, and hard-to- reverse, with significant long-term effects, (b) they are the bridge between deliberate and emergent strategy, (c) they can be a major source of ...
Which of the following is not a characteristic of Strategic planning?Which of the following is NOT a characteristic of the strategic planning process? Characteristics which are not for Strategic planning process: Strategic planning process involves long term goals of the organization and not on short term aspects. Hence, the correct option is a.
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