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BMAL 590 Business Integration & Strategic Management Exam Questions and Answers 100% Pass
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  • BMAL 590
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  • BMAL 590

BMAL 590 Business Integration & Strategic Management Exam Questions and Answers 100% Pass The principal driver(s) of shareholder value is (are) - profitability and profit growth A competitive advantage is considered to be a sustained competitive advantage when the - advantage endures for a lon...

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  • January 8, 2025
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • bmal 590 business integration strategic manageme

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  • BMAL 590
  • BMAL 590

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EmilyCharlene

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BMAL 590 Business Integration &
Strategic Management Exam Questions
and Answers 100% Pass

The principal driver(s) of shareholder value is (are) - ✔✔profitability and profit growth


A competitive advantage is considered to be a sustained competitive advantage when the - ✔✔advantage

endures for a long time


Functional managers - ✔✔are responsible for the specific business functions or operations that constitute

a company or one of its divisions


The first step in the strategic management process is - ✔✔defining the mission and major goals of the

organization


Aaron planned to cut prices at his bicycle shop, but when a competing shop began to offer free repairs,

Aaron decided to copy them. Aaron's new strategy-- offer free repairs -- is an example of a(n) -

✔✔emergent strategy


The scenario approach to strategic planning involves - ✔✔devising plans for coping with a number of

different possible future states of the world


Which of the following cognitive biases occurs when decision makers commit even more resources when

they receive feedback that the project is failing? - ✔✔Escalating commitment


Edward Wrapp's ideas about the astuteness of political power suggest that successful strategic managers

- ✔✔are skilled organizational politicians who can build consensus and get their ideas pushed through


Author. Emily Charlene, ©2025 All Rights Reserved.

, 2|Page


Devil's advocacy - ✔✔involves one group member being responsible for questioning the assumptions of a

plan


Which of the following is NOT a characteristic of well-constructed goals? - ✔✔They are the result of a

group decision process


The primary goal of a SWOT analysis is to - ✔✔create, affirm, or fine-tune a company-specific business

model


Systematic errors in the decision-making process are caused by - ✔✔cognitive biases on the part of

decision makers


Which of the following is NOT a characteristic of emotional intelligence? - ✔✔Self-esteem


Economies of scale may be found - ✔✔in several of a company's departments


The experience curve refers to the - ✔✔systematic lowering of the cost structure and unit cost reductions


Managers should not become complacent about efficiency-based cost advantages because - ✔✔all of these

choices


The marketing strategy that a company adopts - ✔✔can have a major impact on efficiency and cost

structure


The use of self-managing teams - ✔✔requires members to coordinate their own activities and make

decisions


A company's infrastructure includes the company's - ✔✔organization structure, culture, and style of

leadership


Flexible manufacturing technologies allow companies to - ✔✔produce small batches of customized

products at a relatively low cost




Author. Emily Charlene, ©2025 All Rights Reserved.

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