Which is NOT one of the 3 Tests of a Winning Strategy? A) Is the strategy well matched to external conditions? B) Is the strategy modified regularly to keep it fresh and consistent? C) Does the strategy fit with internal company resources and capabilities? D) Does the strategy result in strong financial performance? E) Does the strategy result in a sustainable competitve advantage?

The tools presented in the strategy formulation framework are applicable to all sizes and types of organizations and can help strategists identify, evaluate, and select strategies. Which of the below tools, used in the process,  allows strategists to evaluate alternative strategies objectively based on previously identified external and internal critical success factors? a. SPACE Matrix b. Internal-External (IE) Matrix c. SWOT Analysis d. Quantitative Strategic Planning Matrix

For the worst company, what is extraordinarily bad about the company?  Does the company appear to have a clear strategy, and if so, what is it?  What do you think they could do, if anything, to turn the company around?    For the best company, what does the company do extraordinarily well?  What do you think is the company's "positioning" strategy? What makes it different from the others in its industry?

30. Market strategies are SELECTED based on which of the following Group of answer choices Costs and benefits of the strategy Probabilities of success of the strategy Competitive structure, marketing dynamics and opportunity costs The offering itself All of the above 31. Successfully implementing a marketing mix is both an art and science that requires an understanding of markets, competitor reactions, and environmental forces among other things. Group of answer choices   True False

3. In the hierarchy of strategy, what purpose do corporate and business level strategies serve? Why should firms have a business strategy? What information is needed for the proper formulation of strategy? Why?

The below question is about contemporary strategy analysis and I need help with it (thank you):  Gisela Schmidt was the founder of Gisela’s Grout, a leading firm in the bathroom tile caulk and grout industry.  She had a very profitable operation, with profits of $40 million on sales of $85 million.  She had maintained this level of profitability for the past ten years.  She was recently interviewed by the Financial Times and attributed her continued success to four factors. First, her manufacturing facility was located right next to the world’s only source of clatribdium, a key ingredient in most of the firm’s products.  Because clatribdium is a very unstable substance before it is combined with other ingredients to form products like caulk and grout, transporting it long distances is costly for Gisela’s competitors.  Gisela purchased the site roughly 20 years ago before the value of clatribdium was widely known.   Second, Gisela hired new managers only from Purdue’s MBA program.…