Exam 2: Analyzing the External Environment of the Firm Creating Competitive Advantages

Executives must be careful to avoid spending so much time and effort tracking the actions of that they ignore .

(Multiple Choice)

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Question 81

Perceptual acuity, according to Ram Charan, is the ability to know for certain what will happen in the future.

(True/False)

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Question 82

The strategic groups concept is valuable for charting the ________ directions of firm strategies.

(Multiple Choice)

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Question 83

Although changes in the general environment may often adversely or favorably impact a firm, they seldom alter an entire industry.

(True/False)

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Question 84

Classifying an industry into strategic groups involves judgment. If it is useful as an analytical tool, we must exercise caution in deciding what dimensions to use to map these firms.Dimensions include all of the following except

(Multiple Choice)

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Question 85

Scanning the general environment would identify information on

(Multiple Choice)

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Question 86

Strategic groups consist of a group of

(Multiple Choice)

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Question 87

Elements of the five forces can be quantified. This is important for analyzing industry structure. Which of the following is not an example of an element that can be quantified?

(Multiple Choice)

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Question 88

Which one of the following statements is an example of how to improve perceptual acuity?

(Multiple Choice)

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Question 89

An automobile manufacturer acquires a rental car company. This is an example of

(Multiple Choice)

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Question 90

Boards of directors use outsiders to critique their strategy. This is necessary mostly to improve

(Multiple Choice)

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Question 91

In the general environment, which of the following is not a demographic trend?

(Multiple Choice)

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Question 92

Incumbent firms may enjoy increased bargaining power because the Internet

(Multiple Choice)

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Question 93

Corporate retreats do not

(Multiple Choice)

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Question 94

Steve Jobs, former chairman of Apple, demonstrated that ________ also are important in forecasting.

(Multiple Choice)

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Question 95

Strategic groups consist of firms that are more ________ to each other than firms that are not.

(Multiple Choice)

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Question 96

In some industries, low switching costs can act as an important barrier to entry.

(True/False)

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Question 97

Referring to the textbook Exhibit 2.7 The World Automobile Industry: Strategic Groups, which strategic group consists of firms high in product pricing/quality and average in their product#NAME?

(Multiple Choice)

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Question 98

Which of the following is notan example of corporate competitive intelligence?

(Multiple Choice)

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Question 99

Why must successful managers recognize opportunities and threats in their company external environment?

(Multiple Choice)

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Question 100

Showing 81 - 100 of 109

Executives must be careful to avoid spending so much time and effort tracking the actions of that they ignore .

Perceptual acuity, according to Ram Charan, is the ability to know for certain what will happen in the future.

The strategic groups concept is valuable for charting the ________ directions of firm strategies.

Although changes in the general environment may often adversely or favorably impact a firm, they seldom alter an entire industry.

Classifying an industry into strategic groups involves judgment. If it is useful as an analytical tool, we must exercise caution in deciding what dimensions to use to map these firms.Dimensions include all of the following except

Scanning the general environment would identify information on

Strategic groups consist of a group of

Elements of the five forces can be quantified. This is important for analyzing industry structure. Which of the following is not an example of an element that can be quantified?

Which one of the following statements is an example of how to improve perceptual acuity?

An automobile manufacturer acquires a rental car company. This is an example of

Boards of directors use outsiders to critique their strategy. This is necessary mostly to improve

In the general environment, which of the following is not a demographic trend?

Incumbent firms may enjoy increased bargaining power because the Internet

Corporate retreats do not

Steve Jobs, former chairman of Apple, demonstrated that ________ also are important in forecasting.

Strategic groups consist of firms that are more ________ to each other than firms that are not.

In some industries, low switching costs can act as an important barrier to entry.

Referring to the textbook Exhibit 2.7 The World Automobile Industry: Strategic Groups, which strategic group consists of firms high in product pricing/quality and average in their product#NAME?

Which of the following is notan example of corporate competitive intelligence?

Why must successful managers recognize opportunities and threats in their company external environment?

Strategic Management Creating Competitive Advantages

Assessing the Internal Environment of the Firm

Recognizing a Firm's Intellectual Assets Moving beyond a Firm's Tangible Resources

Business-Level Strategy Creating and Sustaining Competitive Advantages

Corporate-Level Strategy Creating Value through Diversification

International Strategy Creating Value in Global Markets

Entrepreneurial Strategy and Competitive Dynamics

Strategic Control and Corporate Governance

Creating Effective Organizational Designs

Strategic Leadership Creating a Learning Organization and an Ethical Organization

Managing Innovation and Fostering Corporate Entrepreneurship

Filters

Exam 2: Analyzing the External Environment of the Firm Creating Competitive Advantages

Executives must be careful to avoid spending so much time and effort tracking the actions of ________ that they ignore ________.

Perceptual acuity, according to Ram Charan, is the ability to know for certain what will happen in the future.

The strategic groups concept is valuable for charting the ________ directions of firm strategies.

Although changes in the general environment may often adversely or favorably impact a firm, they seldom alter an entire industry.

Classifying an industry into strategic groups involves judgment. If it is useful as an analytical tool, we must exercise caution in deciding what dimensions to use to map these firms.Dimensions include all of the following except

Scanning the general environment would identify information on

Strategic groups consist of a group of

Elements of the five forces can be quantified. This is important for analyzing industry structure. Which of the following is not an example of an element that can be quantified?

Which one of the following statements is an example of how to improve perceptual acuity?

An automobile manufacturer acquires a rental car company. This is an example of

Boards of directors use outsiders to critique their strategy. This is necessary mostly to improve

In the general environment, which of the following is not a demographic trend?

Incumbent firms may enjoy increased bargaining power because the Internet

Corporate retreats do not

Steve Jobs, former chairman of Apple, demonstrated that ________ also are important in forecasting.

Strategic groups consist of firms that are more ________ to each other than firms that are not.

In some industries, low switching costs can act as an important barrier to entry.

Referring to the textbook Exhibit 2.7 The World Automobile Industry: Strategic Groups, which strategic group consists of firms high in product pricing/quality and average in their product#NAME?

Which of the following is notan example of corporate competitive intelligence?

Why must successful managers recognize opportunities and threats in their company external environment?

Strategic Management Creating Competitive Advantages

Assessing the Internal Environment of the Firm

Recognizing a Firm's Intellectual Assets Moving beyond a Firm's Tangible Resources

Business-Level Strategy Creating and Sustaining Competitive Advantages

Corporate-Level Strategy Creating Value through Diversification

International Strategy Creating Value in Global Markets

Entrepreneurial Strategy and Competitive Dynamics

Strategic Control and Corporate Governance

Creating Effective Organizational Designs

Strategic Leadership Creating a Learning Organization and an Ethical Organization

Managing Innovation and Fostering Corporate Entrepreneurship

Filters

Executives must be careful to avoid spending so much time and effort tracking the actions of that they ignore .