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Test Bank For Strategic Management and Business Policy Globalization, Innovation and Sustainability, 15 th Edition By Thomas Wheelen, David Hunger, Alan Hoffman, Charles Bamford (All Chapters 1-13, 100% Original Verified, A+ Grade)
All Chapters Arranged Reverse:
13-1 This is The Original Test Bank For 15 th Edition, All other Files in The Market are Fake/Old/Wrong Edition. 1 / 4
1 Copyright © 2018 Pearson Education, Inc.
Strategic Management and Business Policy, 15e (Wheelen et al.) Chapter 13 Suggestions for Case Analysis
1) What has been the most popular method of teaching strategy and policy for years?
- lecture
- case analysis
- team teaching
- group presentations
- student teaching
Answer: B
Difficulty: Easy
Learning Obj.: 13.1: Explain the issues involved in researching a case situation
AACSB: Application of knowledge
2) The case method offers the opportunity to move from a narrow, specialized view that emphasizes functional techniques to a broader, less precise analysis of the overall corporation.
Answer: TRUE
Difficulty: Moderate
Learning Obj.: 13.1: Explain the issues involved in researching a case situation
AACSB: Analytical thinking
3) Case analysis is the most popular method of teaching strategy.
Answer: TRUE
Difficulty: Moderate
Learning Obj.: 13.1: Explain the issues involved in researching a case situation
AACSB: Application of knowledge
4) The case method provides the opportunity to move from a broader, less precise analysis of the overall corporation to a narrow, specialized view that emphasizes functional techniques.
Answer: FALSE
Difficulty: Easy
Learning Obj.: 13.1: Explain the issues involved in researching a case situation
5) The case analysis approach provides students with what it is like to make and implement strategic decisions.
Answer: TRUE
Difficulty: Moderate
Learning Obj.: 13.1: Explain the issues involved in researching a case situation
AACSB: Analytical thinking
6) In case analysis, you might be asked to critically analyze a situation in which a manager had to make a decision of long-term corporate importance.
Answer: TRUE
Difficulty: Easy
Learning Obj.: 13.1: Explain the issues involved in researching a case situation
AACSB: Analytical thinking 2 / 4
2 Copyright © 2018 Pearson Education, Inc.
7) When preparing a case analysis, you should always undertake outside research and go beyond the decision date of the case.
Answer: FALSE
Difficulty: Easy
Learning Obj.: 13.1: Explain the issues involved in researching a case situation 8) Cases present actual business situations and enable you to examine only successful corporations.
Answer: FALSE
Difficulty: Easy
Learning Obj.: 13.1: Explain the issues involved in researching a case situation
AACSB: Analytical thinking
9) SEC 10- K forms include detailed information not usually available in an annual report.
Answer: TRUE
Difficulty: Moderate
Learning Obj.: 13.1: Explain the issues involved in researching a case situation
AACSB: Application of knowledge
10) What is the main purpose of conducting outside research into the environmental setting of the case?
- It allows students to identify how the company addressed the problem.
- It provides a learning experience on library usage, which is helpful in all courses.
- It gives a realistic background of the industry during a specified period.
- It gives you clues as to what the organization should be doing in the future.
- It furnishes large amounts of data—both pertinent and extraneous.
Answer: C
Difficulty: Moderate
Learning Obj.: 13.2: Analyze financial statements using ratio analysis, common-size statements, Z-values and economic measures
AACSB: Application of knowledge
11) According to the text, what information can be obtained by accessing the SEC website?
- corporate annual reports and 10-K forms
- press releases
- product specifications
- research and development trends
- information about graduate school
Answer: A
Difficulty: Easy
Learning Obj.: 13.2: Analyze financial statements using ratio analysis, common-size statements, Z-values and economic measures
AACSB: Application of knowledge
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3 Copyright © 2018 Pearson Education, Inc.
12) Among the most useful and important documents that can be used to understand why actions were taken are
- news releases.
- product specification reports.
- its corporate history.
- annual reports.
- 10-K forms.
Answer: D
Difficulty: Moderate
Learning Obj.: 13.2: Analyze financial statements using ratio analysis, common-size statements, Z-values and economic measures
AACSB: Application of knowledge
13) All of the following are true of annual reports EXCEPT
- 80% of portfolio managers use annual reports when making decisions.
- annual reports contain income statements and balance sheets.
- annual reports contain cash flow statements.
- annual reports contain all the information found in the 10-K form.
- annual reports contain notes to the financial statements indicating why certain actions were
taken.
Answer: D
Difficulty: Easy
Learning Obj.: 13.2: Analyze financial statements using ratio analysis, common-size statements, Z-values and economic measures
AACSB: Application of knowledge
14) According to the text, what percentage of portfolio managers uses annual reports when making decisions?
A) 20%
B) 35%
C) 50%
D) 60%
E) 80%
Answer: E
Difficulty: Moderate
Learning Obj.: 13.2: Analyze financial statements using ratio analysis, common-size statements, Z-values and economic measures
AACSB: Application of knowledge
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