Bsbwor501 Final Exam
Dear student,
Below are the questions for your exam. There are in total 40 multiple choice questions and 2 open ended questions. You have to answer all questions. Make sure that when you have finished the exam, this document is returned!
I wish you all the best and thank you very much for participating on this course.
Good luck!
1. According to De Wit and Meyer (2010); there are three processes that enable strategies to be developed. Which of the underlying processes is not a process as specified by De Wit and Meyer?
A. Strategic planning
B. Strategic thinking
C. Strategy formation
D. Strategic change
2. When managers develop a strategy, what are the four stages according De Wit and Meyer (2010) that shape a firm’s strategy? Remember …show more content…
Outside-in processes
B. Inside-out processes
C. Spanning processes
D. Organization Processes
15. Which statement is not true about the inside-out perspective according de Wit and Meyer (2010)?
A. Successful companies build up a strong resource base over an extended period of time that offers them access to unfolding market opportunities in the medium and short term.
B. The fundamental strategic issue is which difficult-to-imitate competences and exclusive assets should be acquired and/ or further refined according the inside-out perspective.
C. Positioning of an organization is not related to short term opportunistic behavior, but requires a inside-out strategic perspective because superior market positions are difficult to attain.
D. It is important that an organization commits itself to the long-term development of only a limited set of competences of which it can stay ahead of rivals. This is particularly suggested by proponents of the dynamic capabilities argument.
16. Which of the following statements are true?
I. Strategic development, pricing and purchasing are types of inside-out processes.
II. Market sensing can be a distinctive capability
A. Statement I is true, statement II is
Below are the questions for your exam. There are in total 40 multiple choice questions and 2 open ended questions. You have to answer all questions. Make sure that when you have finished the exam, this document is returned!
I wish you all the best and thank you very much for participating on this course.
Good luck!
1. According to De Wit and Meyer (2010); there are three processes that enable strategies to be developed. Which of the underlying processes is not a process as specified by De Wit and Meyer?
A. Strategic planning
B. Strategic thinking
C. Strategy formation
D. Strategic change
2. When managers develop a strategy, what are the four stages according De Wit and Meyer (2010) that shape a firm’s strategy? Remember …show more content…
Outside-in processes
B. Inside-out processes
C. Spanning processes
D. Organization Processes
15. Which statement is not true about the inside-out perspective according de Wit and Meyer (2010)?
A. Successful companies build up a strong resource base over an extended period of time that offers them access to unfolding market opportunities in the medium and short term.
B. The fundamental strategic issue is which difficult-to-imitate competences and exclusive assets should be acquired and/ or further refined according the inside-out perspective.
C. Positioning of an organization is not related to short term opportunistic behavior, but requires a inside-out strategic perspective because superior market positions are difficult to attain.
D. It is important that an organization commits itself to the long-term development of only a limited set of competences of which it can stay ahead of rivals. This is particularly suggested by proponents of the dynamic capabilities argument.
16. Which of the following statements are true?
I. Strategic development, pricing and purchasing are types of inside-out processes.
II. Market sensing can be a distinctive capability
A. Statement I is true, statement II is