Question: 1 . The Thompson et . al . Strategy text suggests that strategy is: a . A one - time decision with great importance b
The Thompson et al Strategy text suggests that strategy is:
a A onetime decision with great importance
b A pattern of actions and decisions over time
c The plan that describes a response to competitors
d A source of differentiation
A summer class that penguins should enjoy when it is hot
Porter might suggest that a restaurant that tries to be all things to all people and has trouble making choices might be guilty of:
a Building a D puzzle
b Having a third order fit
c Not recognizing tradeoffs
d Being too needsbased
e Dancing on Pandora
A health system that decides to create small standalone Emergency Departments in various parts of the suburbs might be rely on:
a Needsbased positioning
b Accessbased positioning
c Varietybased positioning
d A "fit" organization
e The HealthDonald's strategy
Thompson et al argue that good strategy:
a Reacts to competitor actions and market change
b Anticipates and proactively addresses market change
c Combines proactive and reactive elements
d Does not exist in disruptive markets, because things change too much
e Is like a chess match between otters
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