Strategic Management in Action, 6th Edition Test Bank

Need to sharpen your exam skills? Strategic Management in Action, 6th Edition Test Bank provides answers to tough questions, helping you excel.

Leo Campbell
Contributor
4.3
49
6 months ago
Preview (16 of 143 Pages)
100%
Purchase to unlock

Page 1

Strategic Management in Action, 6th Edition Test Bank - Page 1 preview image

Loading page ...

1Strategic Management in Action, 6e(Coulter)Chapter 1 Introducing the Concepts1) Companies that use strategic management tend to have higher levels of performance.Answer: TRUEDiff: 2Page Ref:2Topic: Explain Why Strategic Management Is ImportantAACSB: Reflective ThinkingObjective: Define strategic management and identify its basic components2) Strategy should be developed from a number of approaches rather than a single approach.Answer: TRUEDiff: 2Page Ref:3Topic: Explain Why Strategic Management Is ImportantAACSB: Reflective ThinkingObjective: Define strategic management and identify its basic components3) An organization's simple action can be considered a strategy.Answer: FALSEDiff: 2Page Ref:5Topic: Explain What Strategic Management IsAACSB: Analytical SkillsObjective: Define strategic management and identify its basic components4) Strategy involves only the examination of an organization's goals.Answer: FALSEDiff: 2Page Ref:5Topic: Explain What Strategic Management IsAACSB: Analytical SkillsObjective: Define strategic management and identify its basic components5) An organization's strategy is its goal-directed decisions and actions in which its capabilitiesand resources are matched with the opportunities and threats in its environment.Answer: TRUEDiff: 2Page Ref:5Topic: Explain What Strategic Management IsAACSB: Analytical SkillsObjective: Define strategic management and identify its basic components6) A situation analysis is the first step in the sequential strategic management process.Answer: TRUEDiff: 1Page Ref:6Topic: Explain What Strategic Management IsAACSB: Analytical SkillsObjective: Define strategic management and identify its basic components

Page 2

Page 3

Page 4

Page 5

Page 6

Page 7

Page 8

Page 9

Page 10

Page 11

Page 12

Page 13

Page 14

Page 15

Page 16

Preview Mode

This document has 143 pages. Sign in to access the full document!

Study Now!

XY-Copilot AI
Unlimited Access
Secure Payment
Instant Access
24/7 Support
Document Chat

Related Documents

View all