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Test Bank for Strategic Management: Theory & Cases, 14th Edition by Hill R554,34   Add to cart

Exam (elaborations)

Test Bank for Strategic Management: Theory & Cases, 14th Edition by Hill

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  • Course
  • Strategic Management
  • Institution
  • Strategic Management

Test Bank for Strategic Management: Theory & Cases: An Integrated Approach 14e 14th Edition by Charles W. L. Hill, Melissa A. Schilling, Gareth R. Jones. ISBN-13: 6625 Full Chapters test bank are included - Chap 1 to 12 (Complete chapters) 1. Strategic Leadership: Managing the Strategy-Making...

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  • August 4, 2023
  • 421
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • Strategic Management
  • Strategic Management

2  reviews

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By: eladams03 • 8 months ago

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By: omegdady • 10 months ago

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Chapter 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
ANSWER: False
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: 1-5 The Strategic Planning Process
QUESTION 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
ANSWER: True
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: 1-6 Strategy as an Emergent Process
QUESTION 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 groups, and field research to drive business decisions is an example of the ivory tower
concept of planning.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: 1-7 Strategic Planning in Practice
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: SM.HILL.24.01.07 - Review the practice of strategic planning.
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