100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
FULL TEST BANK For Strategic Management: Theory & Cases: An Integrated Approach 14th Edition by Charles W. L. Hill (Author) latest Update Graded A+. $17.99
Add to cart
Quickly navigate to
Preview
  2.  
  3. Strategic Management
  4.  
  5. Strategic Management

Exam (elaborations)

FULL TEST BANK For Strategic Management: Theory & Cases: An Integrated Approach 14th Edition by Charles W. L. Hill (Author) latest Update Graded A+.

 6 purchases
  • Course
  • Strategic Management
  • Institution
  • Strategic Management

68. What is a limit price strategy? a. A strategy to deter entry by making sure that every niche or segment in the marketplace is well served b. A strategy to limit pricing to signal to a potential entrant that the incumbent could price the new entrant out of the market c. A strategy to upgrade ...

[Show more]

Preview 4 out of 447  pages

Document information

  • February 24, 2024
  • 447
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • full test bank for strategic management
  • theory cases an integrated approach 14th editio

Connected book

book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:

More summaries for

All for this textbook (6)

Written for

  • Strategic Management
  • Strategic Management

Seller

avatar-seller
Testbankprofessor

Reviews received

Content preview

For Strategic Management: Theory & Cases: An Integrated Approach 14th Edition
by Charles W. L. Hill (Author) latest Update Graded A+.
PRINTEND PDF|ORIGINAL DIRECT FROM PUBLISHER|100% VERIFIED
ANSWERS|DOWLOAD IMMEDIATELY AFTER THE ORDER

14TH EDITION




Complete Test Bank, All Chapter Are Included
For More Documents Search (Testbankproferssor.Stuvia)

,Table of Contents
chpt 01 - Strategic Leadership: Managing the Strategy-Making Process for Competitive Advantage ............................................ 3
chpt 02 - External Analysis: The Identification of Opportunities and Threats .............................................................................. 39
chpt 03 - Internal Analysis: Resources and Competitive Advantage ............................................................................................. 72
chpt 04 - Business-Level Strategy ............................................................................................................................................... 106
chpt 05 - Building Competitive Advantage and Executing Business-Level Strategy ThroughFunctional Strategy ................... 139
chpt 06 - Business-Level Strategy and the Industry Environment ............................................................................................... 174
chpt 07 - Strategy and Technology .............................................................................................................................................. 214
chpt 08 - Strategy in the Global Environment ............................................................................................................................. 258
chpt 09 - Corporate-Level Strategy: Horizontal Integration, Vertical Integration, and StrategicOutsourcing ............................ 292
chpt 10 - Corporate-Level Strategy: Related and Unrelated Diversification ............................................................................... 325
chpt 11 - Corporate Governance, Social Responsibility, and Ethics ........................................................................................... 361
chpt 12 - Implementing Strategy Through OrganizationTrue / False .......................................................................................... 397

,chpt 01 - Strategic Leadership: Managing the Strategy-Making Process for Competitive Advantage
True / False

1. Determining the technological and legal factors surrounding a company’s possible international expansion into India is
an example of an internal analysis.
a. True
b. False
ANS:: False
OPINIONS: 1
TROUBLE: Moderate
ORIENTATIONS: 1-5 The Strategic Planning Process
QUELY TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: SM.HILL.24.01.05 - Identify the primary steps in a strategic planning process.
NATIONAL STANDARDS: United States - BUS PROG: Reflective Thinking
KEYWORDS: Bloom's: Apply
DATE CREATED: 4/19/2023 4:45 PM
DATE MODIFIED: 4/21/2023 11:36 AM

2. A customer comment on an online forum about changing a company’s product placement in stores stimulates a change
in an existing business plan, which results in increased profits and positive outcomes and is an example of serendipity.
a. True
b. False
ANS:: True
OPINIONS: 1
TROUBLE: Moderate
ORIENTATIONS: 1-6 Strategy as an Emergent Process
QUELY TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: SM.HILL.24.01.06 - Examine the criticisms of strategic planning.
NATIONAL STANDARDS: United States - BUSPROG: Analytic | Technology - BUSPROG: Analytic
KEYWORDS: Bloom's: Apply
DATE CREATED: 4/19/2023 4:45 PM
DATE MODIFIED: 4/21/2023 11:36 AM

3. Using customer surveys, focus sets, and field research to drive business decisions is an example of the ivory tower
concept of planning.
a. True
b. False
ANS:: False
OPINIONS: 1
TROUBLE: Moderate
ORIENTATIONS: 1-7 Strategic Planning in Practice
QUELY TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: SM.HILL.24.01.07 - Review the practice of strategic planning.
. Page 1

, NATIONAL STANDARDS: United States - BUSPROG: Analytic | Technology - BUSPROG: Analytic
KEYWORDS: Bloom's: Apply
DATE CREATED: 4/19/2023 4:45 PM
DATE MODIFIED: 4/21/2023 11:36 AM

4. Making a general business decision about where to manufacture a product based on the result of a single survey of one
small focus group is a cognitive bias known as illusion of control.
a. True
b. False
ANS:: False
OPINIONS: 1
TROUBLE: Moderate
ORIENTATIONS: 1-8 Strategic Decision Making
QUELY TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: SM.HILL.24.01.08 - Explain strategic decision making and the cognitive biases that might
lead to poor strategic decisions.
NATIONAL STANDARDS: United States - BUSPROG: Analytic | Technology - BUSPROG: Analytic
KEYWORDS: Bloom's: Apply
DATE CREATED: 4/19/2023 4:45 PM
DATE MODIFIED: 4/21/2023 11:36 AM

Multiple Choice

5. Which of the following statements about sustained competitive advantage is true?
a. It is unaffected by the strategies taken by the company.
b. Sustainability is achieved when it lasts for three months.
c. It exists only when the company's profitability is greater than the 10 highest grossing firms in the world.
d. It exists only when the company's profitability is greater than the average profitability and profit growth of its
rivals.
e. It is seldom affected by the business model of the company.
ANS:: d
OPINIONS: 1
TROUBLE: Easy
ORIENTATIONS: 1-3 Competitive Advantage and a Company’s Business Model
QUELY TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: SM.HILL.24.01.03 - Explain what is meant by “competitive advantage.”
NATIONAL STANDARDS: United States - BUSPROG: Analytic | Technology - BUSPROG: Analytic
KEYWORDS: Bloom's: Understand
DATE CREATED: 4/19/2023 4:45 PM
DATE MODIFIED: 4/21/2023 11:36 AM

6. Daryl works for Delta Corp. He is involved in the important decision-making processes of the company and is also
responsible for the overall performance of the company. In the context of strategic management, Daryl is most likely a:
a. line manager.
.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

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.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

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

Will I be stuck with a subscription?

No, you only buy these notes for $17.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

64302 documents were sold in the last 30 days

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

Start selling

Recently viewed by you

Exam (elaborations) ·

(0)

AQA AS HISTORY 7041/1H Tsarist and Communist Russia, 1855–1964 Component 1H JUNE 2023 MARK SCHEME: Autocracy, Reform and Revolution: Russia, 1855–1917

Exam (elaborations) ·

(0)

Gynecologic Health Care with an Introduction to Prenatal and Postpartum Care 4th Edition Test Bank Contain answer key at the end of each chapter

Exam (elaborations) ·

(1)

Test Bank For Principles of Development 6th Edition By Lewis Wolpert; Cheryll Tickle; Alfonso Martinez Arias 9780198800569 Chapter 1-14 Complete Guide .

Exam (elaborations) ·

(0)

Test Bank Nutritional Foundations and Clinical Applications A Nursing Approach 8th Edition by Michele Grodner, Sylvia Escott-Stump, Suzanne Dorner

Exam (elaborations) ·

(1)

PCA EXAM;INSECT,MITES,AND INVERTEBRATES NEWEST VERSION 2024-2025 COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+.

Exam (elaborations) ·

(0)

Disorders of Childhood: Development and Psychopathology 3rd Edition By Robin Hornik Parritz; Michael F. Troy 9781337098113 Chapter 1-14 Complete Guide .

Exam (elaborations) ·

(2)

Test Bank For Maternity and Pediatric Nursing 4th Edition By Susan Scott Ricci, Susan Ricci, Terri Kyle, Susan Carman |All Chapters, Complete Q & A, Latest|

Exam (elaborations) ·

(0)

Test Bank For Pharmacology A Patient-Centered Nursing Process Approach, 11th Edition by McCuistion, Consists Of 58 Complete Chapters, ISBN: 978-0323793155

Exam (elaborations) ·

(0)

Test Bank for Foundations of Maternal-Newborn and Women’s Health Nursing, 8th Edition by Murray, 9780323827386, Covering Chapters 1-28 | Includes Rationales
$17.99  6x  sold
  • (0)
Add to cart
Added