team 1

team 1

Assessment

Flashcard

Other

University

Practice Problem

Hard

Created by

Wayground Content

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20 questions

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1.

FLASHCARD QUESTION

Front

Which of the following is a Porter's Generic Strategy? Growth Strategy, Stability Strategy, Retrenchment Strategy

Back

Cost Leadership

2.

FLASHCARD QUESTION

Front

What is the primary goal of a Cost Leadership Strategy?

Back

To be the lowest-cost producer in the industry

3.

FLASHCARD QUESTION

Front

Which company is an example of Cost Leadership Strategy?

Back

Walmart

4.

FLASHCARD QUESTION

Front

What does the Differentiation Strategy involve?

Back

Making your product or service distinct from others

5.

FLASHCARD QUESTION

Front

Which company uses an Integrated Strategy?

Back

Southwest Airlines

6.

FLASHCARD QUESTION

Front

What is the first step in the Strategic Analysis & Choice Process?

Back

Environmental Analysis

7.

FLASHCARD QUESTION

Front

Which company is an example of using a Growth Strategy? Options: Coca-Cola, General Motors, Amazon, Disney

Back

Amazon

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