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Strategic Management in Action, 6e (Coulter)
Chapter 1 Introducing the Concepts
1) Companies that use strategic management tend to have higher levels of performance.
Diff: 2 Page Re
Chapter 1 The Concepts
1. Why is strategic management important?
It appears to make a difference as to how well organizations perform
2. Which of the following is an important part of a definition of strategy?
Matching internal strengths to external oppor
Quiz Chapter 7 International Strategies
1. According to our text:
a. international trade is a relatively new activity, originating in the 19605.
/ organizations are considered international if they exchange
goods and services with cons
5/ Quiz Chapter 4
,x / hich of the following is true of organizational resources?
i i a. Eey include nancial, physical, human, intangible and structural-cultural resources.
. rganizational with similar resources will realize similar performances.
/ Quiz Chapter 6 Corporate Strategies
V 1. Which of the following is the best description of corporate strategy?
Kb a Its about developing and rening relationships between divisions and departments.
95 about deciding what businesses to be in and what to d
Quiz Chapter 5
1. This chapter begins with a review of functional strategies, including
those that focus on products, which can be either goods or services.
What are the three main tasks associated with the product?
. gn, production and marketing.
/6. Which of the following is true of the way strategic management is actually done?
e most successful companies regularly and meticulously perform the steps
in the proper order.
. s a continual cycle that may not always follow a normal sequence.
Quiz e Chapter 3 t
1. All organizations are open systems. But what does that mean?
mat they must regularly reveal nancial information in a format prescribed by the FASB.
(:bjiat they interact with and respond to their environments.
, they must be open t
Chapter 1 the Concepts
1. Why isstrategic management important?
fwajlfreduces or eliminates the need to collect and analyze information about the environment.
; reduces or eliminates the need to coordinate the activities of an organizations