Strategic Planning Analysis Tools and Techniques

Strategic Planning Analysis Tools and Techniques

University - Professional Development

10 Qs

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Strategic Planning Analysis Tools and Techniques

Strategic Planning Analysis Tools and Techniques

Assessment

Quiz

Education, Instructional Technology, Computers

University - Professional Development

Practice Problem

Hard

Created by

Desi Reyes

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What can lead to a crowded industry where many new competitive rivals start appearing regularly?

Intensity of Competitive Rivalry

Threat of New Entrants

Bargaining Power of Suppliers

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the type of benchmarking where in you observe the best practices of other teams and organizations within your company?

Internal Benchmarking

Competitive Benchmarking

Strategic Benchmarking

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most important section of your industry analysis? This is where you explain who your ideal customer is.

Competitor

Pricing and Forecast

Target market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process where you measure your company’s success against other similar companies?

Strategic Benchmarking

Balanced Scorecard

Benchmarking

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What anticipates future events to recognize risks and opportunities - Prior to forming any strategic plans?

Forecasting

Scanning

Monitoring

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a strategic analysis tool designed to help organizations uncover and protect the resources and capabilities that give them a long-term competitive advantage?

Value Analysis

VRIO Framework Analysis

PEST/PESTLE Analysis

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a useful tool for understanding the “big picture” of the environment in which you are operating?

PEST/PESTLE Analysis

Resource Analysis

Environment Analysis

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