1) Most strategists believe that an organization’s well being depends on evaluation of the
strategic-management process.
Answer: TRUE
Diff: 1 Page Ref: 286
Topic: The Nature of Strategy Evaluation
Objective: 9.02 Explain why strategy evaluation is complex, sensitive, and yet essential for
organizational success.
2) Adequate, timely feedback is important to effective strategy evaluation.
Answer: TRUE
Diff: 1 Page Ref: 287
Topic: The Nature of Strategy Evaluation
Objective: 9.02 Explain why strategy evaluation is complex, sensitive, and yet essential for
organizational success.
3) Too much emphasis on evaluating strategies may be expensive and counterproductive.
Answer: TRUE
Diff: 2 Page Ref: 287
Topic: The Nature of Strategy Evaluation
Objective: 9.02 Explain why strategy evaluation is complex, sensitive, and yet essential for
organizational success.
4) Strategy evaluation should have a long-run focus and avoid a short-run focus.
Answer: FALSE
Diff: 2 Page Ref: 287
Topic: The Nature of Strategy Evaluation
Objective: 9.02 Explain why strategy evaluation is complex, sensitive, and yet essential for
organizational success.
5) According to Richard Rumelt, consonance and consistency are mostly based on a firm’s
external assessment.
Answer: FALSE
Diff: 2 Page Ref: 288
Topic: The Nature of Strategy Evaluation
Objective: 9.02 Explain why strategy evaluation is complex, sensitive, and yet essential for
organizational success.
6) According to Rumelt, consistency and feasibility are largely based on a firm’s internal
assessment.
Answer: TRUE
Diff: 2 Page Ref: 288
Topic: The Nature of Strategy Evaluation
Objective: 9.02 Explain why strategy evaluation is complex, sensitive, and yet essential for
organizational success.
7) Consistency, distinctiveness, advantage and feasibility are Richard Rumelt’s four criteria
for evaluating a strategy.
Answer: FALSE
Diff: 2 Page Ref: 288
Topic: The Nature of Strategy Evaluation
Objective: 9.02 Explain why strategy evaluation is complex, sensitive, and yet essential for
organizational success.
8) Strategy evaluation is becoming increasingly easier with the passage of time, given
technological advances.
Answer: FALSE
Diff: 3 Page Ref: 289
Topic: The Nature of Strategy Evaluation
Objective: 9.02 Explain why strategy evaluation is complex, sensitive, and yet essential for
organizational success.
9) The decreasing time span for which planning can be done with any degree of certainty is
a reason strategy evaluation is more difficult today.
Answer: TRUE
Diff: 2 Page Ref: 289
Topic: The Nature of Strategy Evaluation
Objective: 9.02 Explain why strategy evaluation is complex, sensitive, and yet essential for
organizational success.
10) Strategies may be inconsistent if policy problems and issues continue to be brought to
the top for resolution.
Answer: TRUE
Diff: 1 Page Ref: 288
Topic: The Nature of Strategy Evaluation
Objective: 9.02 Explain why strategy evaluation is complex, sensitive, and yet essential for
organizational success.
11) Competitive advantages normally are the result of superiority in one of three areas:
feasibility, consistency, or consonance.
Answer: FALSE
Diff: 2 Page Ref: 288
Topic: The Nature of Strategy Evaluation