Question 1

Briefly describe some limitations of risk analysis techniques.

Accepted Answer

They can provide false certainty because

Question 2

Which of the following issues could be categorized as 'predictable uncertainty'?

Accepted Answer

A)  Technological 
B)  Demographic 
C)  Economic 
D)  Scientific 
A)  Technological 
B)  Demographic 
C)  Economic 
D)  Scientific

Question 3

Managers sometimes become overconfident and make high-risk decisions because they mistakenly believe that a past success was due to their decision, when it may have been because of 'luck' such as a competitor making an error. The manager in this case is making

Accepted Answer

A)  An intuition error 
B)  An attribution error 
C)  A trade-off error 
D)  An aspiration error 
A)  An intuition error 
B)  An attribution error 
C)  A trade-off error 
D)  An aspiration error

Question 4

Briefly explain the purpose of a gap analysis.

Accepted Answer

A gap analysis is where a firm evaluates

Briefly describe some limitations of risk analysis techniques.

Which of the following issues could be categorized as 'predictable uncertainty'?

Managers sometimes become overconfident and make high-risk decisions because they mistakenly believe that a past success was due to their decision, when it may have been because of 'luck' such as a competitor making an error. The manager in this case is making

Briefly explain the purpose of a gap analysis.

Introduction to Strategy

Systems Model and Strategy Map

The Microeconomics of Strategy

The Macroeconomics of Strategy

Competitive Strategy: The Analysis of Strategic Position

Competitive Strategy: The Analysis of Strategic Capability

The Competitive Environment

Corporate Strategy: Adding Value in Multi-Business Firms

Global Strategies and International Advantage

Organisational Models and Approaches to Strategy

Strategic Decision Making: Process Analysis

Strategic Decision Making: Managing Strategic Change

Strategy As Knowledge: Innovation and Learning

Strategy and Corporate Governance

Analyzing and Measuring Strategic Performance

Filters

Exam 11: Risk, Uncertainty and Strategy

Briefly describe some limitations of risk analysis techniques.

Which of the following issues could be categorized as 'predictable uncertainty'?

Managers sometimes become overconfident and make high-risk decisions because they mistakenly believe that a past success was due to their decision, when it may have been because of 'luck' such as a competitor making an error. The manager in this case is making

Briefly explain the purpose of a gap analysis.

Introduction to Strategy

Systems Model and Strategy Map

The Microeconomics of Strategy

The Macroeconomics of Strategy

Competitive Strategy: The Analysis of Strategic Position

Competitive Strategy: The Analysis of Strategic Capability

The Competitive Environment

Corporate Strategy: Adding Value in Multi-Business Firms

Global Strategies and International Advantage

Organisational Models and Approaches to Strategy

Strategic Decision Making: Process Analysis

Strategic Decision Making: Managing Strategic Change

Strategy As Knowledge: Innovation and Learning

Strategy and Corporate Governance

Analyzing and Measuring Strategic Performance

Filters