Crafting and Executing Strategy, 22e (Thompson)
Chapter 4 Evaluating a Company's Resources, Capabilities, and Competitiveness
1) In evaluating how well a company's strategy is working, the best place to start is with a
A) SWOT analysis.
B) clear view of what that strategy entails.
C) value chain analysis.
D) competitive strength analysis.
E) financial ratio analysis.
Answer: B
Explanation: In evaluating how well a company's strategy is working, the best place to start is
with a clear view of what that strategy entails. The first thing to examine is the company's
competitive approach.
Difficulty: 1 Easy
Topic: Strategy Analysis
Learning Objective: 04-01 How to evaluate how well a company's strategy is working.
Bloom's: Remember
AACSB: Knowledge Application
Accessibility: Keyboard Navigation
2) When SunPower's managers engage in the process of developing a list of questions to evaluate
their company's internal situation, which question does not address the task of evaluating
SunPower's resources and competitive position?
A) What strategic issues and problems merit front-burner managerial attention at SunPower?
B) How well is SunPower's present strategy working?
C) Which are SunPower's least and most profitable geographic market segments?
D) Is SunPower competitively stronger or weaker than key rivals?
E) How do SunPower's value chain activities impact its cost structure and customer value
proposition?
Answer: C
Explanation: Evaluating a company's resources and competitive position does not involve the
following question: What are the company's most profitable geographic market segments?
Difficulty: 3 Hard
Topic: Strategy Analysis
Learning Objective: 04-01 How to evaluate how well a company's strategy is working.
Bloom's: Apply
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
1
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three good indicators of just how well a company's present strategy is working arewhether the company is gaining customers...Not part of conducting a swot analysisdetermining whether the company's competitively important strengths...In Table 4.2, which one of the following is not an example of a potential weakness orcompetitive deficiency that a company may have?In Table 4.2, which one of the following is not an example of a potential market
opportunity that a company may have?In Table 4.2, which of the following is not an example of a potential external threat to a
company's future profitability?
Which of the following statements about company value chains is false?
Which one of the following provides the most accurate picture of whether a company iscost competitive with its rivals?Which of the following is not one of the objectives of benchmarking?
Which of the following is not a means of lowering the otherwise high costs of internallyperformed value chain activities?
Which one of the following is not an action....to do a better job than rivals of performingvalue chain activities...outsourcing all production related activitiesA strategy to be the industry's overall low-cost provider tends to be more appealing thana differentiation or best-cost or focus/market niche strategy when:Which of the following is not one of the pitfalls of a low-cost provider strategy?
Which one of the following does not qualify as a value driver that can function as a
Which of the following is not one of the principal offensive strategy options?