100% de satisfacción garantizada Inmediatamente disponible después del pago Tanto en línea como en PDF No estas atado a nada
logo-home
Strategic Management Theory An Integrated Approach, Hill - Exam Preparation Test Bank (Downloadable Doc) $28.48
Añadir al carrito

Examen

Strategic Management Theory An Integrated Approach, Hill - Exam Preparation Test Bank (Downloadable Doc)

 0 veces vendidas

Description: Test Bank for Strategic Management Theory An Integrated Approach, Hill, 11e prepares you efficiently for your upcoming exams. It contains practice test questions tailored for your textbook. Strategic Management Theory An Integrated Approach, Hill, 11e Test bank allow you to access q...

[Mostrar más]

Vista previa 4 fuera de 406  páginas

  • 31 de julio de 2022
  • 406
  • 2021/2022
  • Examen
  • Preguntas y respuestas
book image

Título del libro:

Autor(es):

  • Edición:
  • ISBN:
  • Edición:
Todos documentos para esta materia (2)
avatar-seller
tb4u
1. A strategy can be defined as a set of related actions that managers take to increase their company's performance. a. True b. False ANSWER: True POINTS: I DIFFICULTY: Easy LEARNING OBJECTIVES: SMIA.HILL.l5.01.01 - Explain what is meant by "competitive advantage" NATIONAL STANDARDS: United States - BUSPROG: Reflective Thin - BUSPROG: Analytic KEYWORDS: Bloom's: Knowledge 2. Strategic leadership is concerned with how to most effectively manage a company's strategy -making process to create competitive advantage. a. True b. False ANSWER: True POINTS: I DIFFICULTY: Easy LEARNING OBJECTIVES: SMIA.HILL.l5.01.01 - Explain what is meant by "competitive advantage" NATIONAL STANDARDS: United States - BUSPROG: Reflective Thin - BUSPROG: Analytic KEYWORDS: Bloom's: Knowledge 3. To increase shareholder value, managers must try to venture into new markets whether the results are profitable or not. a. True b. False ANSWER: False POINTS: I DIFFICULTY: Moderate LEARNING OBJECTIVES: SMIA.HILL.l5.01.01 - Explain what is meant by "competitive advantage" NATIONAL STANDARDS: United States - BUSPROG: Reflective Thin - BUSPROG: Analytic KEYWORDS: Bloom's: Knowledge 4. A firm obtains competitive advantage when its strategy results in superior performance compared to its competitors. a. True b. False ANSWER: True POINTS: I DIFFICULTY: Easy LEARNING OBJECTIVES: SMIA.HILL.l5.01.01 - Explain what is meant by "competitive advantage" NATIONAL STANDARDS: United States - BUSPROG: Reflective Thin - BUSPROG: Analytic KEYWORDS: Bloom's: Comprehension 5. ROIC is a measure of how efficiently and effectively managers use the capital at their disposal to produce profitability. a. True b. False ANSWER: True POINTS: I DIFFICULTY: Moderate LEARNING OBJECTIVES: SMIA.HILL.l5.01.01 - Explain what is meant by "competitive advantage" NATIONAL STANDARDS: United States - BUSPROG: Reflective Thin - BUSPROG: Analytic KEYWORDS: Bloom's: Knowledge 6. The profit growth of a company can be measured by the increase in net profit over time. a. True b. False ANSWER: True POINTS: I DIFFICULTY: Easy LEARNING OBJECTIVES: SMIA.HILL.l5.01.01 - Explain what is meant by "competitive advantage" NATIONAL STANDARDS: United States - BUSPROG: Reflective Thin - BUSPROG: Analytic KEYWORDS: Bloom's: Knowledge 7. A business model is managers' conception of how the set of strategies their company pursues should mesh together into a congruent whole, thus enabling the company to gain a competitive advantage and achieve superior profitability and profit growth. a. True b. False ANSWER: True POINTS: I DIFFICULTY: Easy LEARNING OBJECTIVES: SMIA.HILL.l5.01.01 - Explain what is meant by "competitive advantage" NATIONAL STANDARDS: United States - BUSPROG: Reflective Thin - BUSPROG: Analytic KEYWORDS: Bloom's: Knowledge 8. One of the factors that distinguishes organizations in the nonprofit sector from profit -making businesses is the lack of a need for strategic management. a. True b. False ANSWER: False POINTS: I DIFFICULTY: Easy LEARNING OBJECTIVES: SMIA.HILL.l5.01.01 - Explain what is meant by "competitive advantage" NATIONAL STANDARDS: United States - BUSPROG: Reflective Thin - BUSPROG: Analytic KEYWORDS: Bloom's: Knowledge 9. General managers bear responsibility for the overall performance of the company or for one of its major self contained subunits or divisions. a. True b. False ANSWER: POINTS: DIFFICULTY: True 1 Easy LEARNING OBJECTIVES: SMIA.HILL.15.01.02 - Discuss the strategic role of managers at different levels within an organization NATIONAL STANDARDS: United States - BUSPROG: Reflective Thin - BUSPROG: Analytic KEYWORDS: Bloom's: Knowledge 10. The CEO is a company's principal general manager. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Easy LEARNING OBJECTIVES: SMIA.HILL.15.01.02 - Discuss the strategic role of managers at different levels within an organization NATIONAL STANDARDS: United States - BUSPROG: Reflective Thin - BUSPROG: Analytic KEYWORDS: Bloom's: Knowledge 11. The final component of the strategic management process is crafting the organization's mission statement, which provides the framework or context within which strategies are formulated. a. True b. False ANSWER: False POINTS: 1 DIFFICULTY: Easy LEARNING OBJECTIVES: SMIA.HILL.15.01.03 -Identify the primary steps in a strategic planning process NATIONAL STANDARDS: United States - BUSPROG: Analytic KEYWORDS: Bloom's: Comprehension 12. The concepts vision and mission can be used interchangeably. a. True b. False ANSWER: False POINTS: 1 DIFFICULTY: Easy LEARNING OBJECTIVES: SMIA.HILL.15.01.03 -Identify the primary steps in a strategic planning process NATIONAL STANDARDS: United States - BUSPROG: Analytic KEYWORDS: Bloom's: Knowledge

Los beneficios de comprar resúmenes en Stuvia estan en línea:

Garantiza la calidad de los comentarios

Garantiza la calidad de los comentarios

Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!

Compra fácil y rápido

Compra fácil y rápido

Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.

Enfócate en lo más importante

Enfócate en lo más importante

Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!

Preguntas frecuentes

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.

100% de satisfacción garantizada: ¿Cómo funciona?

Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller tb4u. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for $28.48. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

45,681 summaries were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 15 years now

Empieza a vender
$28.48
  • (0)
Añadir al carrito
Añadido