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Strategic Management: Concepts and Cases: Competitiveness and Globalization, 11th Edition Test Bank

Ace your test with Strategic Management: Concepts and Cases: Competitiveness and Globalization, 11th Edition Test Bank, offering exam-focused study material, expert guidance, and practice questions.

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True/False1.Strategiccompetitivenessisachievedwhenafirmsuccessfullyformulatesandimplementsavalue-creatingstrategy.a.Trueb.FalseANSWER:TruePOINTS:1DIFFICULTY:EasyREFERENCES:4LEARNINGOBJECTIVES:STMA.HITT.15.01.01-01.01NATIONALSTANDARDS:UnitedStates-BUSPROGReflectiveSTATESTANDARDS:UnitedStates-AK-DISC:StrategyKEYWORDS:Bloom's:KnowledgeNOTES:AACSB:Analytic|DISC:Strategy|Bloom:Knowledge2.AlligatorEnterpriseshasearnedabove-averagereturnssinceitsfoundingfiveyearsago.SincenootherfirmhaschallengedAlligatorinitsparticularmarketniche,thefirm'sownerscanfeelsecurethatAlligatorhasestablishedacompetitiveadvantage.a.Trueb.FalseANSWER:FalsePOINTS:1DIFFICULTY:HardREFERENCES:5LEARNINGOBJECTIVES:STMA.HITT.13.-1.4NATIONALSTANDARDS:UnitedStates-BUSPROGReflectiveSTATESTANDARDS:UnitedStates-AK-DISC:StrategyKEYWORDS:Bloom's:ApplicationNOTES:AACSB:Analytic|DISC:Strategy|Bloom:Application3.Thegoalofstrategicmanagementistodevelopacompetitiveadvantagethatispermanent.a.Trueb.FalseANSWER:FalsePOINTS:1DIFFICULTY:MediumREFERENCES:5LEARNINGOBJECTIVES:STMA.HITT.13.-1.4NATIONALSTANDARDS:UnitedStates-BUSPROGReflectiveSTATESTANDARDS:UnitedStates-AK-DISC:StrategyKEYWORDS:Bloom's:KnowledgeNOTES:AACSB:ReflectiveThinking|DISC:Strategy|Bloom:Comprehension

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Strategic Management: Concepts And ...

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