Strategic Management Perspectives Quiz

To make profits, increase turnover, increase market share, be highly regarded (correct)

To meet the needs of service group within resource constraints

To maximize the shareholders’ wealth

To develop strategies for accumulating invisible assets

Easily attainable with money, quick to develop, capable of single use, yield single benefit

Unattainable with money alone, time-consuming to develop, capable of multiple simultaneous use, yield multiple simultaneous benefits (correct)

Unattainable with money alone, quick to develop, capable of multiple simultaneous use, yield single benefit

Attainable with money alone, time-consuming to develop, capable of single use, yield multiple simultaneous benefits

Minimizing resource utilization for cost reduction

Outsourcing all resources and knowledge

Leveraging internal resources and knowledge for competitive advantage (correct)

Maximizing profits through external acquisitions

<p>Focus on external industry structure vs. focus on internal organizational factors</p> Signup and view all the answers

<p>Meet the needs of service group within resource constraints</p> Signup and view all the answers