Exam 1: What Is Strategy and Why Is It Important

Troopline Inc.,an online laptop retailer,sells laptops of similar range and features as other online laptop retailers.Which of the value propositions would NOT benefit the company?

(Multiple Choice)

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Question 61

Good strategy + good strategy execution = good management.True or false? Justify and explain your answer.

(Essay)

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Question 62

Which one of the following does NOT account for WHY a company's strategy evolves from one version to another?

(Multiple Choice)

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Question 63

A company with strong competition in a saturated market decides to wipe out all its products and introduce a fresh line of products in reaction to its falling shares during recession.Would this type of a reactive strategy revive its position? Why or why not?

(Essay)

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Question 64

Why does a company's strategy tend to evolve over time?

(Essay)

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Question 65

Changing circumstances and ongoing managerial efforts to improve the strategy:

(Multiple Choice)

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Question 66

Every strategy needs:

(Multiple Choice)

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Question 67

Identify and briefly describe the four most frequently used strategic approaches to achieving a sustainable competitive advantage.Provide examples.

(Essay)

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Question 68

Different companies across different industries adopt any one of the five generic strategies to gain competitive advantage.Which of the following is most likely to use a low-cost provider strategy?

(Multiple Choice)

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Question 69

A company's business model:

(Multiple Choice)

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Question 70

Which of the following is true of a company's business model?

(Multiple Choice)

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Question 71

Management's blueprint for how and why the company's business approaches will generate revenues sufficient to cover costs and produce attractive profits and returns on investment:

(Multiple Choice)

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Question 72

What is the connection between a company's strategy and its quest for sustainable competitive advantage?

(Essay)

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Question 73

Should a company's strategy be tightly connected to its quest for competitive advantage? Why or why not? What difference does it make whether a company has a sustainable competitive advantage or not?

(Essay)

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Question 74

Why is sustainable competitive advantage so important to a winning business strategy?

(Essay)

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Question 75

A company's strategy stands a better chance of succeeding when:

(Multiple Choice)

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Question 76

Is it more accurate to think of strategy as being "proactive" or as being "reactive"? Why?

(Essay)

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Question 77

A regional electric scooter manufacturer sells its scooter at a lower price than other two-wheeler manufacturers.What will make the product most attractive for customers?

(Multiple Choice)

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Question 78

Excellent execution of an excellent strategy is:

(Multiple Choice)

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Question 79

The customer value proposition lays out the company's approach to:

(Multiple Choice)

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Question 80

Showing 61 - 80 of 101

Troopline Inc.,an online laptop retailer,sells laptops of similar range and features as other online laptop retailers.Which of the value propositions would NOT benefit the company?

Good strategy + good strategy execution = good management.True or false? Justify and explain your answer.

Which one of the following does NOT account for WHY a company's strategy evolves from one version to another?

A company with strong competition in a saturated market decides to wipe out all its products and introduce a fresh line of products in reaction to its falling shares during recession.Would this type of a reactive strategy revive its position? Why or why not?

Why does a company's strategy tend to evolve over time?

Changing circumstances and ongoing managerial efforts to improve the strategy:

Every strategy needs:

Identify and briefly describe the four most frequently used strategic approaches to achieving a sustainable competitive advantage.Provide examples.

Different companies across different industries adopt any one of the five generic strategies to gain competitive advantage.Which of the following is most likely to use a low-cost provider strategy?

A company's business model:

Which of the following is true of a company's business model?

Management's blueprint for how and why the company's business approaches will generate revenues sufficient to cover costs and produce attractive profits and returns on investment:

What is the connection between a company's strategy and its quest for sustainable competitive advantage?

Should a company's strategy be tightly connected to its quest for competitive advantage? Why or why not? What difference does it make whether a company has a sustainable competitive advantage or not?

Why is sustainable competitive advantage so important to a winning business strategy?

A company's strategy stands a better chance of succeeding when:

Is it more accurate to think of strategy as being "proactive" or as being "reactive"? Why?

A regional electric scooter manufacturer sells its scooter at a lower price than other two-wheeler manufacturers.What will make the product most attractive for customers?

Excellent execution of an excellent strategy is:

The customer value proposition lays out the company's approach to:

Charting a Companys Direction: Its Vision, Mission, Objectives, Andstrategy

Evaluating a Companys External Environment

Evaluating a Companys Resources, Capabilities,and Competitiveness

The Five Generic Competitive Strategies

Strengthening a Companys Competitive Position

Strategies for Competing in International Markets

Corporate Strategy

Ethics, Corporate Social Responsibility, Environmental-Sustainability, and Strategy

Building an Organization Capable of Good Strategy Execution

Managing Internal Operations

Corporate Culture and Leadership

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