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Introduction to Strategy MCQ

In Cummings and Daellenbach’s study, reviewing papers in Long Range Planning, what are the recurring themes that constitute the baseline of strategy research in the last 40 years?

Corporate

Technology

Mergers and acquisitions

All of the above

Answer

Correct Answer: All of the above

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Which of the following was a crucible of early strategy thinking?

Marks & Spencer’s

Zara

West Point

Ancient Greece

Answer

Correct Answer: West Point

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Modern conceptions of strategy as planning played a major role in:

The First World War

The Peloponnesian Wars

The Second World War

The Vietnam War

Answer

Correct Answer: The Second World War

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The establishment of modern-day strategy as a discipline can be traced back to:

The 1960–70s, drawn from economics

The industrial revolution in north-west England

The 1980s, with the advent of large US multinational corporations

The 1930s, drawn from social psychology

Answer

Correct Answer: The 1960–70s, drawn from economics

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Based on Clausewitz’s arguments, we can infer that:

Strategy is based on a pre-determined wisdom and rational thinking

Strategy unfolds sequentially yet rationally

Strategy has a non-rationalistic element in it induced by passions and feelings

A and b above

Answer

Correct Answer: Strategy has a non-rationalistic element in it induced by passions and feelings

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Machiavelli’s contribution to strategy suggests that:

To remain powerful is the highest priority

To listen to your employee’s needs is of utmost importance

Delegation of authority enhances team performance

None of the above

Answer

Correct Answer: To remain powerful is the highest priority

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. How do modern conceptions of strategy relate to classical conceptions?

They are the same

There is no relation

As legitimations for current views

None of the above

Answer

Correct Answer: As legitimations for current views

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Which of the following was a strategist?

Machiavelli

Sun-Tzu

Herodotus

All of them

Answer

Correct Answer: All of them

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What makes strategizing necessary?

Rapid changes in the business landscape

More sophisticated organizational structures

Pressure to innovate

All of the above

Answer

Correct Answer: All of the above

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Strategy is all about:

Foresight and a holistic view of the firm

The short-term objectives of the firm and ways of meeting them

Defining marketing goals and targets

Enhancing sales performance

Answer

Correct Answer: Foresight and a holistic view of the firm

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