STRATEGIC MANAGEMENTEXAM PACKAGE DEAL (BUNDLE) || WITH COMPLETE QUESTIONS & ALL VERIFIED SOLUTIONS!!

Chapter 9 - ANSWERCorporate Strategy: Acquisitions, Alliances and Networks Merger - ANSWERTwo independent companies form a combined entity (tend to be friendly) Ex) Disney merged with Pixar Acquisition - ANSWERPurchase or takeover of one company by another Hostile takeover (when a firm...

corporate strategy - ANSWERthe decisions that senior management makes and the goal-directed actions it takes to gain and sustain competitive advantage in several industries and markets simultaneously transaction cost economics - ANSWERa theoretical framework to explain and predict the boundaries ...

Structural stability affects the organization's ability to: a. resist organizational inertia. b. cope with uncertainty about cause-and-effect relationships in the global economy. c. develop new competitive advantages. d. consistently and predictably manage its daily work routines. - ANSWERD ...

Understand the Build-Borrow-Buy framework and be able to discuss its implications for decisions on acquiring resources and capabilities - ANSWER- Corporate strategy = growth strategy - Three options for growth: Internal development: BUILD Strategic alliance: BORROW (Contract, Licensing, Equity...

Chapter 5 - ANSWER... When Frank sells a pie to Jean instead of Sarah, the economic value created in society is lower because of the difference in - ANSWERconsumer surplus Frank the baker has been growing the number of pies he has been selling so much that he is now able to negotiate more favo...

Strategists can grow their firms by growing organically through internal development or externally through alliances and ______. Multiple choice question. divesting businesses PESTEL analysis capabilities acquisitions - ANSWERacquisitions A conceptual model that helps strategists choose betw...

Appropriability - ANSWERa firm's ability to capture returns(i.e., profit) from its own innovation • Achieved via strategic competition barriers first-mover advantages - ANSWERCan quickly get brand loyalty (retain customers) • Can secure monopolies via intellectual property rights (e.g....

differentiation - ANSWERHorizontal integration through mergers and acquisitions can help firms strengthen their competitive positions by increasing (of product and service offerings) Promised synergies never take place. - ANSWERWhat is the main reason that most mergers and acquisitions negatively...

Which of the following is NOT a component of a thorough strategic management process? Select one: a. Strategy dissembling b. Strategic analysis c. Strategic choice d. Strategy implementation - ANSWERa. Strategy dissembling A comprehensive definition of strategy encompasses which of the follo...

Which of the following best exemplifies the use of input controls? Zappos' use of monitoring-free customer service calls GM's use of the multidivisional strategy McDonald's use of standard operating procedures Southwest Airlines' use of employee friendliness - ANSWERStandard operat...

Diversification merits strong consideration whenever a single-business company: a. Has integrated backward and forward as far as it can. b. Is faced with diminishing market opportunities and stagnating sales. c. Has achieved industry leadership in its main line of business. d. Encounters dec...

strategy - ANSWERA set of goal-directed actions a firm takes to gain and sustain superior performance relative to competitors; to achieve superior performance, companies compete for resources. 3 elements that make up strategy - ANSWER1. A Clear and Critical diagnosis of the competitive challenge:...

(CH 10) Building an Organization Capable of Good Strategy Execution: Three Key Actions: Staffing the organization - ANSWERputting together a strong management team, and recruiting and retaining employees with the needed experience, technical skills, and intellectual capital -putting together a stro...

Strategy has a more important influence on strategy, although once in place, structures influence strategy. - ANSWERT Over time, large and complex organizations must customize their structure to fit their unique strategic needs. - ANSWERT Organizational structures must be both stable and flexi...