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Test Bank Strategic Management A Competitive Advantage Approach, 16th Edition Fred R David A+

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1) The goal of strategic management is to

 

A) achieve competitive advantage.

 

B) maintain competitive advantage.

 

C) achieve and maintain competitive advantage.

 

D) eliminate competitive advantage.

 

E) eliminate and abolish competitive advantage.

 

Answer: C

 

Diff: 2

 

LO: 1.1: Describe the strategic-management process.

 

AACSB: Analytical thinking

 

 

 

2) Strategic management focuses on integrating management, ________, and information systems to achieve organizational success.

 

A) marketing

 

B) finance and accounting

 

C) production and operations

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