Executive Strategy Seminar
Exam Bank
Course Introduction
The Executive Strategy Seminar is designed for advanced students and professionals aiming to enhance their strategic thinking and leadership skills in dynamic business environments. Through case studies, interactive discussions, and real-world projects, participants explore frameworks and tools used by successful executives to analyze competitive landscapes, formulate effective strategies, and align organizational resources for sustainable growth. Emphasis is placed on decision-making under uncertainty, stakeholder management, and the implementation of strategic initiatives. By the end of the course, students will be equipped to translate strategic vision into actionable plans, drive innovation, and lead organizations toward long-term success.
Recommended Textbook
Strategic Management Creating Competitive Advantages 9th Edition by Gregory G Dess Dr
Available Study Resources on Quizplus
12 Chapters
1223 Verified Questions
1223 Flashcards
Source URL: https://quizplus.com/study-set/423 Page 2
Chapter 1: Strategic Management: Creating Competitive Advantages
Available Study Resources on Quizplus for this Chatper
106 Verified Questions
106 Flashcards
Source URL: https://quizplus.com/quiz/7454
Sample Questions
Q1) The innovation paradox implies that consistency in products and services provokes a tension with the need for new products.This results in a conflict between
A) stability and change.
B) structure and culture.
C) rewards and metrics.
D) stability and metrics.
Answer: A
Q2) Internal networks generate their power through the ________ of their ideas. A) validity and correctness
B) conviction and clarity
C) validation and recognition
D) approval and awareness
Answer: B
Q3) Strategic management requires managers at all levels of the organization to take a segregated view of the organization.
A)True
B)False
Answer: False
To view all questions and flashcards with answers, click on the resource link above. Page 3
Chapter 2: Analyzing the External Environment of the Firm:
Creating Competitive Advantages
Available Study Resources on Quizplus for this Chatper
114 Verified Questions
114 Flashcards
Source URL: https://quizplus.com/quiz/7455
Sample Questions
Q1) The aging of the population,changes in ethnic composition,and effects of the millennial generation are ________ changes.
A) macroeconomic
B) global
C) sociocultural
D) demographic
Answer: D
Q2) In the general environment,many relationships exist among the various elements.General environmental trends can have positive and negative impacts on various industries.For example,the aging population might have a ________ impact on the health care industry and a ________ impact on the baby product industry.These are called ________ impacts.
A) negative; positive; demographic
B) positive; negative; technological
C) negative; positive; sociocultural
D) positive; negative; demographic
Answer: D
To view all questions and flashcards with answers, click on the resource link above. Page 4
Chapter 3: Assessing the Internal Environment of the Firm
Available Study Resources on Quizplus for this Chatper
109 Verified Questions
109 Flashcards
Source URL: https://quizplus.com/quiz/7456
Sample Questions
Q1) According to value-chain analysis,which of the following would be considered part of the general administration in a firm?
A) information systems
B) technology development
C) human resource management
D) procurement
Answer: A
Q2) The balanced scorecard enables managers to consider their business from all the following perspectives except
A) customer perspective.
B) internal perspective.
C) innovation and learning perspective.
D) ethical perspective.
Answer: D
Q3) Some leading-edge companies are applying the prosumer concept.Here,firms team up with their suppliers and alliance partners to satisfy their customer needs.
A)True
B)False
Answer: False
To view all questions and flashcards with answers, click on the resource link above.
Page 5
Chapter 4: Recognizing a Firm's Intellectual Assets: Moving
Beyond a Firm's Tangible Resources
Available Study Resources on Quizplus for this Chatper
112 Verified Questions
112 Flashcards
Source URL: https://quizplus.com/quiz/7457
Sample Questions
Q1) The least effective way to retain human capital is to
A) encourage employee identification with organizational mission and goals.
B) provide employees with a challenging and stimulating work environment.
C) require employees to sign agreements that prevent them from working for competitors in the future.
D) provide employees with financial and nonfinancial rewards and incentives.
Q2) In a 360-degree evaluation and feedback system,which of these does not rate the skills and performance of an individual?
A) superiors
B) family
C) direct reports
D) colleagues
Q3) Tacit knowledge
A) is the same as explicit knowledge.
B) can be accessed only with the consent of the employees.
C) is found mostly at the lower levels of the organization.
D) can be codified but not reproduced.
Q4) Why does employee turnover matter to a company? What are some of the reasons why employees leave and what might entice the desirable potential boomerang employee to return?
To view all questions and flashcards with answers, click on the resource link above. Page 6
Chapter 5: Business-level Strategy: Creating and Sustaining Competitive Advantages
Available Study Resources on Quizplus for this Chatper
105 Verified Questions
105 Flashcards
Source URL: https://quizplus.com/quiz/7458
Sample Questions
Q1) A platform business such as Airbnb leverages data analytics to differentiate its offer from that of competitors such as VRBO.
A)True
B)False
Q2) Barnes and Noble lost its market share in book retailing to Amazon.It tried to regain market share by offering a similar electronic reader,the Nook,to the Amazon Kindle series.This demonstrates that Barnes and Noble lacked
A) a short-term strategy.
B) a company-wide strategy.
C) a sustainable competitive advantage.
D) good suppliers.
Q3) Piecemeal productivity improvements can be used by a mature business in need of a turnaround.
A)True
B)False
Q4) Once established,competitive advantages last forever whether the firm is in a high technology environment or not.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above. Page 7
Chapter 6: Corporate-level Strategy: Creating Value Through Diversification
Available Study Resources on Quizplus for this Chatper
102 Verified Questions
102 Flashcards
Source URL: https://quizplus.com/quiz/7459
Sample Questions
Q1) ________ is when the corporate office helps subsidiaries make wise choices in their own acquisitions,divestures,and new ventures,thereby creating value within business units.
A) Parenting
B) Restructuring
C) Leveraging core competencies
D) Increasing market power
Q2) One of the reasons it is said that only the investment banker wins when a company is acquired is that they
A) assure the newly acquired company will be successful.
B) continue to work with the two companies involved.
C) collect huge up-front fees regardless of the outcome afterwards.
D) monitor the progress of both companies for long term growth.
Q3) A disadvantage of mergers and acquisitions is that they can enable a firm to rapidly enter new product markets.
A)True
B)False
Q4) Many acquisitions ultimately result in divestiture.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above. Page 8
Chapter 7: International Strategy: Creating Value in Global Markets
Available Study Resources on Quizplus for this Chatper
107 Verified Questions
107 Flashcards
Source URL: https://quizplus.com/quiz/7460
Sample Questions
Q1) Regionalization is most important because it permits companies to organize their activities based upon
A) physical distance between the home country and the foreign country.
B) the extrinsic distance between the home country and the foreign country.
C) the true distance between the home country office and the foreign country.
D) shareholder expectations.
Q2) When the U.S.dollar appreciates against other currencies,U.S.goods can be ________ to consumers in foreign countries but can have ________ implications for American companies with branch operations overseas.
A) less expensive, positive
B) more expensive, negative
C) less expensive, negative
D) more expensive, positive
Q3) A multidomestic strategy is the most appropriate strategy for international operations because it drives economies of scale as far as possible and provides a middle-of-the-road product that appeals to the largest number of consumers in every market.
A)True
B)False
Page 9
To view all questions and flashcards with answers, click on the resource link above.
Chapter 8: Entrepreneurial Strategy and Competitive Dynamics
Available Study Resources on Quizplus for this Chatper
94 Verified Questions
94 Flashcards
Source URL: https://quizplus.com/quiz/7461
Sample Questions
Q1) When an industry is mature,a(n)________ strategy is considered one of the most effective approaches for a new entrant.
A) focus
B) differentiation
C) overall low-cost
D) small business
Q2) When any two firms have both a high degree of market commonality and highly similar resources,a ________ threat is present.
A) weaker competitive
B) successful marketing
C) stronger competitive
D) stronger marketing
Q3) The majority of entrepreneurial start-ups are financed with angel financing.
A)True
B)False
Q4) Entrepreneurial firms are often in a strong position to use combination strategies,because they have the flexibility to approach situations uniquely.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above. Page 10
Chapter 9: Strategic Control and Corporate Governance
Available Study Resources on Quizplus for this Chatper
91 Verified Questions
91 Flashcards
Source URL: https://quizplus.com/quiz/7462
Sample Questions
Q1) Brent Beshore,CEO of adventur.es,a private investment firm,walks around the office every day thanking people for their contributions.What purpose does this serve in terms of attaining behavioral control?
A) It reminds employees of adventur.es rules and regulations.
B) It helps reinforce and sustain the adventur.es culture.
C) It demonstrates to employees the importance of articulating explicit goals and objectives.
D) It makes the adventur.es reward system very explicit.
Q2) Tesco was forced to restate its earnings for the first half of 2014 to 431 million USD because senior managers in the U.K.food business had booked income early and delayed the booking of costs in order to improve appearances of financial performance.This scandal results from ________ and ________.
A) poor environment; management systems
B) poor governance; control
C) external environmental factors; internal environmental factors
D) leadership; financial systems
Q3) Discuss several actions that can have a positive influence on board of director dynamics as the board works to both oversee and advise management.
To view all questions and flashcards with answers, click on the resource link above. Page 11
Chapter 10: Creating Effective Organizational Designs
Available Study Resources on Quizplus for this Chatper
86 Verified Questions
86 Flashcards
Source URL: https://quizplus.com/quiz/7463
Sample Questions
Q1) Which of the following is an advantage of a functional type of organizational structure?
A) Decentralized decision-making enhances an organization-wide perspective across functions.
B) It facilitates the development of general management talent.
C) Pooling of specialists enhances coordination and control.
D) It is easy to establish uniform performance standards.
Q2) A global start-up faces many management challenges including A) communication and coordination across time zones.
B) pressure to perform internally all primary activities of the value chain.
C) assuring financing from home country only.
D) hiring only from home country.
Q3) Discuss the advantages and disadvantages of a simple organizational structure.
Q4) According to author Jeffrey Pfeffer,the advantages of teams are that employees control themselves,develop more creative solutions to problems,and permit the absorption of administrative tasks previously performed by specialists.
A)True
B)False
Q5) What is organizational structure and why is it important?
To view all questions and flashcards with answers, click on the resource link above. Page 12
Chapter 11: Strategic Leadership: Creating a Learning
Organization and an Ethical Organization
Available Study Resources on Quizplus for this Chatper
104 Verified Questions
104 Flashcards
Source URL: https://quizplus.com/quiz/7464
Sample Questions
Q1) If leaders do not believe in the ethical standards that they are trying to inspire,they will not be effective as good role models.
A)True
B)False
Q2) Ethical crises are bad for organization reputation,but they rarely have any financial consequences.
A)True
B)False
Q3) The medical products company,Medtronic,works to restore patients to full life.They have a holiday party that includes patients,their families,and their doctors who share their survival and recovery stories.What purpose does this holiday party serve for the learning organization?
A) It offers patients a break from their problems.
B) It inspires and motivates employees with a real mission and purpose.
C) It empowers the patients.
D) It discourages employees from participating in office gatherings.
Q4) What is the difference between individual ethics and organizational ethics?
Q5) What are the five key elements of a learning organization and why are they important?
To view all questions and flashcards with answers, click on the resource link above. Page 13
Chapter 12: Managing Innovation and Fostering Corporate
Entrepreneurship
Available Study Resources on Quizplus for this Chatper
93 Verified Questions
93 Flashcards
Source URL: https://quizplus.com/quiz/7465
Sample Questions
Q1) Strategic reasons for undertaking a corporate venture do not include
A) entering into new markets.
B) expanding capabilities by acquiring new knowledge.
C) building the base of corporation resources.
D) reinforcing stakeholder commitment.
Q2) Which habit is most directly related to the innovative process that managers should acquire as they start to build the innovative DNA needed to be more successful innovators in the future?
A) writing down product goals regularly
B) never sleeping over five hours at a time
C) networking across functions and organizations
D) motivating the team to work longer hours
Q3) Incremental innovations
A) are usually highly disruptive.
B) usually represent technological transitions.
C) are usually small improvements in products and processes.
D) nearly always can be patented.
Q4) What is real options analysis (ROA)as it applies to entrepreneurship and when is it appropriate to be used in this context?
Q5) Explain why the seeds versus weeds dilemma is important.
To view all questions and flashcards with answers, click on the resource link above. Page 14