Strategic Management Exam Solutions
Course Introduction
Strategic Management explores the formulation, implementation, and evaluation of cross-functional decisions that enable organizations to achieve long-term objectives. The course examines key concepts such as competitive advantage, industry analysis, strategic positioning, resource allocation, and organizational capabilities. Through case studies and analytical frameworks, students learn how to assess business environments, craft effective strategies, and respond to dynamic market forces. Emphasis is placed on leadership, decision-making, and the integration of various business functions to create sustainable value, preparing students to handle complex managerial challenges in diverse organizational settings.
Recommended Textbook
Creative Approaches to Problem Solving 3rd Edition by Scott
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11 Chapters
130 Verified Questions
130 Flashcards
Source URL: https://quizplus.com/study-set/3040
Page 2
G. Isaksen
Chapter 1: Creative Approaches to Problem Solving
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10 Verified Questions
10 Flashcards
Source URL: https://quizplus.com/quiz/60438
Sample Questions
Q1) The authors' definition of creative thinking emphasizes:
A)the strange and unpredictable nature of the creative experience.
B)inventing novel ideas that no one else ever considered before.
C)generating many, varied, unusual, and detailed options.
D)using the imagination to produce artistic or musical works.
Answer: C
Q2) Creative and critical thinking are:
A)opposites that are incompatible.
B)two different terms to describe the same cognitive process.
C)A tool to use to generate many options.
D) two separate stages of problem solving.
Answer: C
Q3) When generating ideas, "originality" refers to:
A)Generating different categories or themes of ideas.
B)Generating novel or unusual ideas.
C)The quantity or total number of ideas generated.
D)Generating ideas that are practical and immediately useful.
Answer: B
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3
Chapter 2: Creative Problem Solving
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12 Verified Questions
12 Flashcards
Source URL: https://quizplus.com/quiz/60437
Sample Questions
Q1) CPS is a framework that was created and developed
A)In the mid-1990's by an eccentric computer geek.
B)Through more than five decades of work.
C)By the military during World War II for officer training.
D)By a university-based team of engineers and psychologists.
Answer: B
Q2) One major distinction between the CPS management component and the three process components is:
A)The management component assesses whether CPS is appropriate to use for a task; the process components guide you in applying CPS to a task.
B)You must always use all the process components, but often you may not need the management component.
C)You will use the process components first and the management component later.
D)Only the management component involves metacognition.
Answer: A
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4
Chapter 3: Understanding the Challenge
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17 Verified Questions
17 Flashcards
Source URL: https://quizplus.com/quiz/60436
Sample Questions
Q1) Which is the best worded problem statement?
A)Wouldn't it be nice if I got accepted by a college that's not too expensive?
B)How should I decide what college to attend?
C)In what ways might I extend my education?
D)The problem is that I can't afford to go to a really good college.
Answer: C
Q2) Which of these (perhaps more than one!) might be parts of a good problem statement?
A)Stem which invites ideas.
B)Specific evaluation criteria.
C)An action verb.
D)Locating the ownership.
E)a Plan of Action.
Answer: A,C,D
Q3) Which of these is important to remember in developing a good problem statement?
A)Contains criteria to limit ideas that would not be appropriate.
B)Worded so it invites many ideas.
C)Always begins, "What's the best way to...."
D)Never uses broad, general verbs.
Answer: B
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Chapter 4: Generating Ideas
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15 Verified Questions
15 Flashcards
Source URL: https://quizplus.com/quiz/60435
Sample Questions
Q1) Which stem is most appropriate for stimulating idea generation:
A)Identify the options that really stand out
B)The options we should consider further are
C)How many good ideas do you think we can produce to
D)List as many ideas as you can imagine for
Q2) Visually Identifying Relationships (VIR) is a generating tool that is likely to produce:
A)Fewer but more exploratory ideas.
B)Moderately exploratory and many developmental ideas.
C)High-quality ideas for all situations.
D)Many developmental ideas.
Q3) When Generating Ideas, effective problem solvers are those who:
A)Think of and state at least 100 ideas.
B)Find the really good ideas by discussing each one as it is given.
C)Let ideas flow naturally and make new connections.
D)Focus on a few good ideas, not lots of ordinary ones.
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Chapter 5: Preparing for Action
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19 Verified Questions
19 Flashcards
Source URL: https://quizplus.com/quiz/60434
Sample Questions
Q1) Which of the following groups includes only Focusing Tools:
A)ALoU, PCA, Sequencing.
B)Deferred judgment, Evaluation Matrix, Hits and Hot Spots.
C)Evaluation Matrix, Morphological Matrix, Attribute Listing.
D)Reflection, Analysis, Synthesis.
Q2) The major purpose of Building Acceptance is:
A)Planning to carry out promising solutions.
B)Eliminate other peoples' objections.
C)Convince others your first idea was best.
D)Find new problem-solving opportunities.
Q3) The 24 hour step is important because:
A)You're more likely to finish plans you start.
B)You verify your understanding of the solution.
C)It shows other people whether or not you really liked their idea.
D)It represents the most creative part of the solution.
Q4) How is an Evaluation Matrix best used?
A)To select your one best idea.
B)To rank order or prioritize a small group of promising options.
C)To sort a number of options and compare them on several criteria.
D)To find the weaknesses of your favorite idea.
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Chapter 6: Planning Your Approach to CPS
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10 Verified Questions
10 Flashcards
Source URL: https://quizplus.com/quiz/60433
Sample Questions
Q1) The four elements of Appraising Tasks are:
A)People, places, time, cost.
B)Resources, space, materials, deadlines.
C)People, content, context, method.
D)Process, content, style, methods.
Q2) When does effective planning of your approach to CPS take place?
A)Prior to starting to work on the task and throughout the working time.
B)Prior to the first CPS working session.
C)Only if things aren't going well and you need to change your process.
D)At the end of each component or stage if it is necessary.
Q3) We describe Planning Your Approach as a "management" component because:
A)It is intended for use primarily by middle and upper level managers.
B)It defines the CPS steps in a precise and orderly sequence.
C)It guides you in overseeing, directing, and monitoring your CPS efforts.
D)It tells you how to manage personnel and budget decisions for a project.
Q4) Why is the Planning Your Approach component important in CPS?
A)Prevents people from doing the CPS steps in the wrong sequence.
B)Enables you to structure any task so CPS can be used for it.
C)Helps prevent your CPS work from taking up too much time.
D)Enables you to assess the appropriateness of CPS and to use it effectively.
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Chapter 7: People As Creative Problem Solvers
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10 Verified Questions
10 Flashcards
Source URL: https://quizplus.com/quiz/60432
Sample Questions
Q1) Explorers differ from Developers when defining creative products in that:
A)Explorers use vague, general standards, while Developers are very specific.
B)Explorers use different criteria for every task, but Developers use the same criteria for all tasks.
C)Developers aren't really concerned with creativity in their products.
D)Developers emphasize usefulness more than novelty, and Explorers place more emphasis on novelty.
Q2) Structure, novelty, and authority are factors that contribute to which problem-solving style dimension?
A)Divergent Thinking.
B)Orientation to Change.
C)Ways of Deciding.
D)Manner of Processing.
Q3) The terms "Person" and "Task" are associated in what way with problem-solving style:
A)The principal styles in the Orientation to Change dimension.
B)The principal styles that differentiate higher from less creative people.
C)The principal styles in the Manner of Processing dimension.
D)The principal styles in the Ways of Deciding dimension.
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9
Chapter 8: The Context for CPS
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10 Verified Questions
10 Flashcards
Source URL: https://quizplus.com/quiz/60431
Sample Questions
Q1) Which statement is true about organizational culture and climate?
A)Climate involves the feelings and attitudes of people in local offices, and culture describes the country in which an organization's headquarters are located.
B)Culture involves organizational values, and climate describes what an organization's members experience.
C)Both organizational climate and culture are very difficult to change.
D)Culture changes more easily and quickly than climate in today's conditions.
Q2) The environment for creativity involves:
A)Avoiding all conflict and competition to build cooperation among group members.
B)Letting people do whatever they want as long as they explain their choices.
C)Creating competition that will allow creative ideas to prevail over mediocre ideas.
D)Examining nine specific factors that can encourage or inhibit creativity.
Q3) Playfulness and humor, risk taking, and idea support are:
A)Factors that are commonly found in unsuccessful organizations.
B)Personal characteristics of effective middle-managers.
C)Elements contributing to organizational climate for creativity.
D)Widely held myths about traits of creative organizations.
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Chapter 9: The Role of Content
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8 Verified Questions
8 Flashcards
Source URL: https://quizplus.com/quiz/60430
Sample Questions
Q1) Which are important variables to consider when examining the Content dimension:
A)Facts, hypotheses, and research questions.
B)Novelty needed; breadth and depth of impact; key leverage points.
C)Novelty, amount of structure, and manner of processing.
D)Leverage points, informed supporters, and sources of authority.
Q2) Why are breadth (how wide an impact across areas) and depth (the extent of impact within an area) important in planned for CPS?
A)They determine the degree of novelty of solutions to a problem.
B)They guide you in determining the people who should participate in CPS.
C)Guide you in determining whether CPS is an appropriate method to use.
D)Help you to assess the likely sources of resistance to new ideas and solutions.
Q3) Overemphasis on Content rather than Process in the CPS system can lead to:
A)Greater buy-in by people to the idea of using CPS.
B)Discouraging risk-taking, buy-in, and attention to quality questions.
C)Deeper understanding of the most important background information.
D)Less need to deal explicitly with relationships among group members.
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11
Chapter 10: CPS As a Change Method
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7 Verified Questions
7 Flashcards
Source URL: https://quizplus.com/quiz/60429
Sample Questions
Q1) When considering CPS as a Method for any task, the optimum application range for "need for novelty" and for "openness of the task" is:
A)Low to moderate.
B)Moderate.
C)High.
D)Moderate to high.
Q2) Being deliberate and explicit in choosing a change Method has which benefit:
A)Helps you to avoid using the wrong approach or placing too much emphasis on process rather than content.
B)Supports intentional, purposeful decision making that balances content and process.
C)Ensures value consistency among people you select to work on the task.
D)Supports both qualitative and quantitative analysis methods.
Q3) When considering CPS as a Method for any task, the optimum application range for "level of complexity" and for "amount of ambiguity" is:
A)From the lower range of Moderate through High.
B)From Low through the upper range of Moderate.
C)Only for tasks that are High on these dimensions.
D)From the upper range of Moderate through High.
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12
Chapter 11: Designing Your Way Through CPS
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12 Verified Questions
12 Flashcards
Source URL: https://quizplus.com/quiz/60428
Sample Questions
Q1) Which CPS process component focuses primarily on production of many, varied, or unusual options for solving a problem?
A)Understanding the Challenge.
B)Preparing For Action.
C)Generating Ideas.
D)Brainstorming.
Q2) Which three of the following are probable assets of using a group when applying CPS?
A)Prevents individual "power plays."
B)Increased likelihood of building on and improving others' ideas.
C)Leads to increased commitment to decisions.
D)Draws on a wide range of experiences and perspectives.
E)Enables work on several problems simultaneously.
F)Overcomes pressures for conformity.
Q3) The major role of the resource group when Exploring Data is:
A)Sit quietly and listen to the data presented by the client.
B)Tell the client which data are really important.
C)Understand the situation and help the client look at the task in many ways.
D)To bring their own related data into the task.
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