Questions from Strategic Management


Q: If your Competitive Profile Matrix has three firms and they all end

If your Competitive Profile Matrix has three firms and they all end up with the same Total Weighted Score, would the analysis still be useful? Why.

See Answer

Q: Describe the “process of performing an external audit” in an

Describe the “process of performing an external audit” in an organization doing strategic planning for the first time.

See Answer

Q: Explain why it is best not to have more than 30 percent

Explain why it is best not to have more than 30 percent of the factors in an IFE Matrix be financial ratios.

See Answer

Q: The global recession forced thousands of firms into bankruptcy. Does this

The global recession forced thousands of firms into bankruptcy. Does this fact alone confirm that “external factors are more important than internal factors” in strategic planning? Discuss.

See Answer

Q: Do the advantages of a low value of the dollar offset the

Do the advantages of a low value of the dollar offset the disadvantages for (1) a firm that derives 60 percent of its revenues from foreign countries and (2) a firm that derives 10 percent of its re...

See Answer

Q: Draw a breakeven chart to illustrate lowering price.

Draw a breakeven chart to illustrate lowering price.

See Answer

Q: Give some key reasons why prioritizing strengths and weaknesses is essential.

Give some key reasons why prioritizing strengths and weaknesses is essential.

See Answer

Q: The migration of people has slowed from (1) region

The migration of people has slowed from (1) region to region across the United States, from (2) city to suburb worldwide, and from (3) country to country across the globe. What are the strategic i...

See Answer

Q: Why may it be easier in performing an internal assessment to develop

Why may it be easier in performing an internal assessment to develop a list of 80 strengths/weaknesses than to decide on the top 20 to use in formulating strategies.

See Answer

Q: Governments worldwide are turning to “nationalization of companies” to cope

Governments worldwide are turning to “nationalization of companies” to cope with economic recession. What are the strategic implications of this trend for firms that compete with these nationalized fi...

See Answer