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Test Bank for Essentials of Strategic Management, 8th Edition Gamble | Complete test bank with well elaborated answers | LATEST

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  • Essentials of Strategic Management
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  • Essentials Of Strategic Management

Test Bank for Essentials of Strategic Management, 8th Edition Gamble | Complete test bank with well elaborated answers | LATEST

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  • December 20, 2024
  • 137
  • 2024/2025
  • Exam (elaborations)
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  • Essentials of Strategic Management
  • Essentials of Strategic Management
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CAMILASOLUTIONS
,ACCESS Test Bank for Essentials of Strategic Management 8th Edition Gamble
u u u u u u u u u u



Essentials of Strategic Management Edition 8 by Gamble
u u u u u u u




CORRECT ANSWERS ARE LOCAT
u u u 2) Aucompany’sustrategyuconsistsuof
ED IN THE 2ND HALF OF THIS DO
u u u u u u u
A) actionsutoudevelopuaumoreuappe
alingubusinessumodeluthanurival
C.
s.
MULTIPLEuCHOICEu-
B) plansuinvolvingualignmentuofu
uChooseutheuoneualternativeuthatubestucom
organizationaluactivitiesuandu
pletesutheustatementuoruanswersutheuquesti
strategicuobjectives.
on.
C) offensiveuandudefensiveumovesutou
1) Managersuinuallutypesuofubusinessesumustu
generateurevenuesuanduincreaseupr
developuauclearuansweruforuwhichuofutheuf
ofitumargins.
ollowinguquestions?
D) competitiveumovesuanduapproac
A) Whereuareuweunow?
hesuthatumanagersuhaveudevelop
B) Whereudouweuwantutougoufromu
edutougrowutheubusiness,uattractua
here?
ndupleaseucustomers,uconductuop
C) Whatuisutheusetuofuactionsuthatuweu
erations,uanduachieveutargeteduo
needutoutakeutououtperformutheuco
bjectives.
mpany’sucompetitorsuanduachieve
E) itsustrategicuvision,uitsustrategicu
usuperioruprofitability?
objectives,uanduitsustrategicuint
D) Whenuwilluweuknowuweuareu
ent.
there?
E) Whatumovesuanduapproachesudou
3) Theucompetitiveumovesuandubusinessuap
weuneedutougainuadvantageuinutheu
proachesuaucompany’sumanagementuisuus
marketplace?
ingutougrowutheubusiness,ucompeteusucce
ssfully,uattractuandupleaseucustomers,uco
nductuoperations,urespondutouchangingue
conomicuandumarketuconditions,uanduach
ieveuorganizationaluobjectivesuisureferre
dutouasuits
A) strategy.
B) movesutouimitateukeyurivals.
C) strategicumission.
D) businessumodel.
E) strategicuvision.




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,ACCESS Test Bank for Essentials of Strategic Management 8th Edition Gamble
u u u u u u u u u u



Essentials of Strategic Management Edition 8 by Gamble
u u u u u u u




4) Theuessenceuofustrategyuis 6) UnderuArmour,uaumultinationalusportsuap
A) developingulastingusuccessuthatu parelucompany,uplansuentryuintouaunewuge
canusupportugrowthuandusecureu ographicalulocation,uVietnam,uconsidere
theucompany’sufutureuoverutheul duanuemergingumarket,uwithuitsuestablishe
onguterm. duandubest-
B) re- sellinguproductuline:uwomen’surunningush
creatinguaubusinessumodeluwithure orts.uHowushoulduUnderuArmourunotucraf
gularity. tuaustrategyutouenhanceufutureuprofitsuinuV
C) matchingurivalubusinesses’uprodu ietnam?
ctsuanduqualityudimensionsuinutheu A) createuausalesuplanuthatuaimsutouen
marketplace. hanceuinitialusalesuandumarketupen
D) buildinguprofitsuforushort- etrationuwithulowupricesubaseduonu
termusuccess. highuoperationalucosts
E) realigningutheumarketutouprovokeu B) deviseuaumarketinguplanuthatuaimsu
changeuinurivalucompanies. atumassucustomerusegmentsuwithua
ttractiveuadvertisementsuanduoffer
5) Aucompany’sustrategyuhasuauchanceuofusu suonuproducts
cceedinguonlyuwhenuituisupredicateduon C) implementuaudiversificationuplanu
A) buildingurevenues,ucontrollingu thatuaimsuatuaddinguhealthuandufit
costs,uandugeneratinguanuattrac nessucentersutouitsuexistingulineuofu
tiveuprofit. products
B) actions,ubusinessuapproaches,uandu D) chartuanuacquisitionuplanuthatuai
competitiveumovesuaimeduatuappe msuatuacquiringulocalusmaller-
alingutoubuyersuandusettingutheuco uscaleusportsuapparelumanufactur


mpanyuapartufromurivals. ersuthatuseekufundinguanduofferuau
C) management’suconceptsuofu“wh complementaryuproductulineup
ereuweuhaveubeen,”u“whereuweua E) establishuaudistributionuplanutousetu
reuheaded,”uandu“whereuweuneed upumoreusupplyuoutletsuthanuanyuo
utougo.”
therurivalsuinutheulocation
D) theuapprovaluofuaubusinessumodelu
byuaucompany’suboarduofudirector
suthatuspellsuoutuhowutououtcompe
teuwithurivalsuandumakeutheucomp
anyuprofitable.
E) educateduchoicesuthatumanageme
ntuhasumadeuregardinguwhichufina
ncialuanduoperatinguplansutoupurs
ue.




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, ACCESS Test Bank for Essentials of Strategic Management 8th Edition Gamble
u u u u u u u u u u



Essentials of Strategic Management Edition 8 by Gamble
u u u u u u u




7) Whichuofutheufollowinguisunotuanuelementu 8) PizzauPort,uaucraftubrewinguandupizzauchai
ofuaucompany’subusinessustrategy? nuinusouthernuCalifornia,umanufacturesuthi
A) actionsutourespondutouchangingu n-
marketuconditionsuoruotheruext crustupizzasuanduoffersuoneufreeupintuofubee
ernalufactors ruwithutheupurchaseuofufourulargeupizzas.u
B) actionsutoustrengthenucompet Whichuofutheu followinguactionsuwoulduyo
itivenessuviaustrategicuallianc uubeumostuunlikelyutouadviseuPizzauPort’su
esuanducollaborativeupartners ownersuinuformulatinguaustrategyuinuorderu
hips touenhanceuitsufutureuprofits?
C) actionsutoustrengthenuinternalu A) Createuausalesuplanuthatuaimsutouen
capabilitiesuanducompetitivelyu hanceuinitialusalesuandumarketupen
valuableuresources etrationuwithulowupricesubaseduonu
D) actionsutoumanageutheufunctionalu highuoperationalucosts.
areasuofutheubusiness B) Deviseuausocialumediaumarketingu
E) actionsutoureviseutheucompany’su planuthatuaimsuatumassucustomeru
financialuandustrategicuperform segments,uprovidinguthemuwithuu
anceutargets pdatesuonunewureleasesuofubeer,ua
ttractiveuadvertisements,uanduoff
ersuonuproducts.
C) Implementuaudiversificationuplanu
thatuaimsuatueventuallyuaddingure
gionsuoutsideuofusouthernuCalifor
niautouitsuexistingulineuofuproduct
s.
D) Chartuanuacquisitionuplanuthatuai
msuaturebrandinguanducreatingufr
anchisesuwithulocalusmaller-
uscaleupizzaurestaurantsuanducraft


ubeerutaproomsuthatuseekufunding


uanduofferuattractiveulocations.


E) Establishuaudistributionuplanutous
etuupumoreurapidupizzauandubeerud
eliveryuthanuanyuotherurivalsuinut
heuregion.




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