Strategic Management Authors Quiz

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Questions and Answers

What is a primary focus of the research mentioned in the content?

Digital transformation strategies

International M&A and strategy practices (correct)

Corporate Social Responsibility

Leadership development in organizations

Which journal is NOT mentioned as a publication venue for the author's articles?

Academy of Management Learning & Education

MIT Sloan Management Review

California Management Review

Harvard Business Review (correct)

What role do the individuals described hold in the academic community?

Active researchers without teaching responsibilities

Junior lecturers focused on undergraduate education

Emeritus Professors with teaching experience (correct)

Consultants with no academic affiliations

What kind of teams do the professors collaborate with according to the content?

Senior management teams on strategy issues Signup and view all the answers

Which area does Kevan Scholes specialize in?

Strategic management Signup and view all the answers

Who are primarily responsible for developing strategies at the highest level within an organization?

Top managers and directors Signup and view all the answers

Which function is critical for aligning various strategic initiatives within an organization?

Communicating strategy Signup and view all the answers

What approach is utilized to ensure that strategies are validated and adjusted based on empirical evidence?

Hypothesis testing Signup and view all the answers

What is the main purpose of strategic planners within an organization?

To develop and design strategic initiatives Signup and view all the answers

Which methodology focuses on collective discussions and inputs from various stakeholders to form strategies?

Strategy workshops Signup and view all the answers

What is often a key factor in the participation of different individuals in the strategy development process?

Open communications Signup and view all the answers

Which answer best describes the role of middle managers in the strategy implementation process?

They translate strategy into operational actions. Signup and view all the answers

Which of the following is NOT a recognized method for strategizing?

Data mining Signup and view all the answers

Who collaborated as authors on this edition of the book?

Richard Whittington and Kevin Scholes Signup and view all the answers

In what year was the first edition of the book published?

1984 Signup and view all the answers

Which institution is NOT mentioned as associated with one of the authors?

Newcastle University Signup and view all the answers

How many editions of the book have been published up to 2020?

12 Signup and view all the answers

Which of the following years marks the publication of the eighth edition?

2008 Signup and view all the answers

Which edition of the book was published first in both print and electronic formats?

Tenth edition Signup and view all the answers

Which of the following entities is primarily associated with the publication of this book?

Pearson Education Limited Signup and view all the answers

What is the primary focus of the book based on its title?

Exploring strategy Signup and view all the answers

Which horizon focuses on extending and defending the core business?

Horizon 1 Signup and view all the answers

What is the primary goal of Horizon 3 in strategic planning?

Create viable options Signup and view all the answers

The element of performance potential is most closely associated with which horizon?

Horizon 2 Signup and view all the answers

What characteristic of Tesla's Model S is highlighted regarding its environmental impact?

Zero tailpipe emissions Signup and view all the answers

What type of car does Tesla's Model S represent in the context of its strategic position?

High-end sports car Signup and view all the answers

What role do external stakeholders like investors play in an organisation?

They can significantly influence the organisation's strategy. Signup and view all the answers

What is a key responsibility of middle managers regarding organisational strategy?

They need to align their initiatives with the strategic direction. Signup and view all the answers

What should candidates for management-track jobs be prepared to discuss?

The viability of the employer's strategy. Signup and view all the answers

Which career opportunities are highlighted in the context of strategy?

Strategy consultant and in-house strategic planner. Signup and view all the answers

Which types of organisations are mentioned as relevant for the study of strategy?

Start-ups and non-profits. Signup and view all the answers

What is the primary purpose of the Exploring Strategy Framework?

To analyze an organisation's strategy. Signup and view all the answers

What does the book aim to increase awareness of concerning strategy?

Working with strategy in different contexts. Signup and view all the answers

Why might someone choose the book titled 'Exploring Strategy' over other textbooks?

It offers practical insights into strategy application. Signup and view all the answers

What is the primary focus of Horizon 1 businesses?

Currently core activities that need defending and extending Signup and view all the answers

Which of the following best describes Horizon 2 businesses?

Emerging activities that are expected to yield future profits Signup and view all the answers

What does the 'three horizons' framework emphasize for organizations?

Long-term perspective while addressing current activities Signup and view all the answers

Which of the following activities for Tesla would fall under Horizon 3?

Research into solar electric initiatives Signup and view all the answers

Why do managers need to avoid focusing only on short-term issues?

It might limit potential growth and innovation Signup and view all the answers

What is a characteristic of Horizon 3 possibilities?

They involve activities with uncertain outcomes Signup and view all the answers

What is the risk associated with Horizon 1 businesses?

They face the potential of declining profits over time Signup and view all the answers

Which element is essential for an organization like Tesla to consider for long-term strategy?

Pushing Horizon 1 as far out as possible while exploring Horizons 2 and 3 Signup and view all the answers

Study Notes

Authors and Their Affiliations

Duncan Angwin: Nottingham University Business School, author of twelve books and over forty articles in academic journals, editorial board member of several journals, teaches internationally to executives, research grants exceeding €10 million, focusing on international M&A and strategy.
Gerry Johnson: Emeritus Professor of Strategic Management at Lancaster University School of Management, also taught at other institutions (Strathclyde Business School, Cranfield School of Management, Manchester Business School, Aston University), author of numerous books, published research in leading management journals, works with senior management on strategy development and change.
Kevan Scholes: Principal Partner of Scholes Associates, specializing in strategic management, Emeritus Professor of Strategic Management, formerly Director of Sheffield Business School, UK, extensive teaching experience (undergraduate and postgraduate), management development in private and public sectors, advisor on management development to national bodies, Chartered Management Institute Companion.
Richard Whittington: Saïd Business School, University of Oxford.
Patrick Regnér: Stockholm School of Economics.
Jason Evans and Clive Kerridge: assisted in the writing of the book.

Book Details

Exploring Strategy, Twelfth Edition, by Whittington, Regnér, Angwin, Johnson, and Scholes
Published by Pearson Education
First edition published 1984 (print)
Twelfth edition published 2020 (print and electronic)
Contains case studies: Glastonbury festival, global pharmaceutical industry, and Siemens.

Book Content Overview

Discusses strategizing, strategy analysis, issue-selling, decision-making, and communication.
Explains strategy methodologies, workshops, projects, hypothesis testing, business cases, and strategic plans.
The book covers strategy in various organizational contexts (large multinationals, small startups, public-sector, not-for-profits.)
Presents the "three horizons" framework for strategy, considering long-term perspectives on business activities (Horizon 1: core activities, 2: emerging activities, 3: risky research, start-up projects).
Addresses various roles involved in strategy development, including top managers, strategic planners, middle managers, strategy consultants, and stakeholder involvement.
Discusses the influence of stakeholders (investors, banks, venture capitalists, analysts).
Explores how middle managers need to understand strategy to gain top management support and communicate it to team members.
Highlighting strategy as a crucial skill for management roles.

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Description

Test your knowledge on influential authors in strategic management, including their affiliations and contributions to the field. This quiz covers notable figures like Duncan Angwin, Gerry Johnson, and Kevan Scholes, and their impact on international business strategies.