Study Guide
Chapter 01 - Strategic Management: Creating Competitive Advantages
Multiple Choice Questions
32. (p. 5 - 6) The text addresses two perspectives of leadership as well as their implications. These two perspectives are A. romantic and unromantic. B. romantic and internal control. C. external control and unromantic. D. romantic and external control.
AACSB: Analytic Bloom's: Knowledge Difficulty: Easy Learning Objective: 01-1
33. (p. 5) A CEO made a lot of mistakes such as committing errors in assessing the market and competitive conditions and improperly redesigning the organization into numerous business units. Such errors led to significant performance declines. According to the text, this example illustrates the __________ perspective of leadership. A. external control B. romantic C. internal mechanism D. operational
AACSB: Analytic Bloom's: Comprehension Difficulty: Medium Learning Objective: 01-1
34. (p. 9) According to the text, the strategic management process entails three ongoing processes: A. analysis, actions, and synthesis. B. analysis, decisions, and actions. C. analysis, evaluation, and critique. D. analysis, synthesis, and antithesis.
AACSB: Analytic Bloom's: Knowledge Difficulty: Easy Learning Objective: 01-1
1-1
Chapter 01 - Strategic Management: Creating Competitive Advantages
35. (p. 9) Management innovations such as total quality, benchmarking, and business process reengineering cannot lead to sustainable competitive advantage because A. companies that have implemented these techniques have lost money. B. there is no proof that these techniques work. C. they cost too much money and effort to implement. D. every company is trying to implement them and hence it does not make a company different from others.
AACSB: Analytic Bloom's: Comprehension Difficulty: Medium Learning Objective: 01-1
36. (p. 10) The "organizational versus individual rationality" perspective suggests that A. what is good for a functional area is
Multiple Choice Questions
32. (p. 5 - 6) The text addresses two perspectives of leadership as well as their implications. These two perspectives are A. romantic and unromantic. B. romantic and internal control. C. external control and unromantic. D. romantic and external control.
AACSB: Analytic Bloom's: Knowledge Difficulty: Easy Learning Objective: 01-1
33. (p. 5) A CEO made a lot of mistakes such as committing errors in assessing the market and competitive conditions and improperly redesigning the organization into numerous business units. Such errors led to significant performance declines. According to the text, this example illustrates the __________ perspective of leadership. A. external control B. romantic C. internal mechanism D. operational
AACSB: Analytic Bloom's: Comprehension Difficulty: Medium Learning Objective: 01-1
34. (p. 9) According to the text, the strategic management process entails three ongoing processes: A. analysis, actions, and synthesis. B. analysis, decisions, and actions. C. analysis, evaluation, and critique. D. analysis, synthesis, and antithesis.
AACSB: Analytic Bloom's: Knowledge Difficulty: Easy Learning Objective: 01-1
1-1
Chapter 01 - Strategic Management: Creating Competitive Advantages
35. (p. 9) Management innovations such as total quality, benchmarking, and business process reengineering cannot lead to sustainable competitive advantage because A. companies that have implemented these techniques have lost money. B. there is no proof that these techniques work. C. they cost too much money and effort to implement. D. every company is trying to implement them and hence it does not make a company different from others.
AACSB: Analytic Bloom's: Comprehension Difficulty: Medium Learning Objective: 01-1
36. (p. 10) The "organizational versus individual rationality" perspective suggests that A. what is good for a functional area is