Chapter 06 Strengthening a Company’s Competitive Position: Strategic
Moves, Timing, and Scope of Operations Answer Key
Multiple Choice Questions
1.
Once a company has decided to employ one of the five basic competitive strategies, then it
must also consider such additional strategic choices as
2.
A company’s menu of strategic choices to supplement its decision to employ one of the five
basic competitive strategies does
not
include
3.
Which of the following is
not
among the principal offensive strategy options that a company
can employ?
4.
Which one of the following is an example of an offensive strategy?
5.
A hit-and-run or guerrilla warfare type offensive strategy
6.
Launching a preemptive strike type of offensive strategy entails
7.
Which one of the following is
not
an offensive strategy option?
8.
Which one of the following is
not
a good type of rival for an offensive–minded company to
target?
9.
A blue ocean type of offensive strategy
10.
A blue ocean strategy
11.
The purposes of defensive strategies include
12.
Which one of the following is
not
a good example of a defensive strategy to protect a
company’s market share and competitive position?
13.
Which of the following is
not
an example of a defensive move to protect a company’s market
position and restrict a challenger’s options for initiating competitive attack?
14.
Which of the following is a potential defensive move to ward off challenger firms?
15.
Being first to initiate a strategic move can have a high payoff in all but which one of the
following instances?
16.
First-mover advantages are unlikely to be present in which one of the following instances?
17.
In which of the following instances are first-mover disadvantages not likely to arise?
18.
When the race among rivals for industry leadership is a marathon rather than a sprint,
19.
Market conditions and factors that tend
not
to favor first movers include
20.
The difference between a merger and an acquisition is
21.
Which of the following is
not
a typical strategic objective or benefit that drives mergers and
acquisitions?