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Strategic Management

Authored by Ritima Malhotra

Business

University - Professional Development

Used 22+ times

Strategic Management
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7 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A strategy is

same as a plan

a process of mapping out objectives & methods of achieve those objectives

is above the organizational goals

all of these

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

FedEx closing retail stores means the company is down-sizing.

True

False

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Realized strategy is the implemented plan of action and includes

some parts of the intented as well as emergent strategy

some bits of the discarded strategy

Both the above

None of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Strategic planning is a simplistic, linear process

True

False

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Business Strategies

are company-wide and focus on the overall strategy of the company

identify how a business unit will compete in products & services

guide activities within one specific functional area of operation

All of the above

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Growth strategies entail

Mergers & Acquisitions

Expanding in terms of product/services

Expanding the client base

All the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cash Cows in Boston Consulting Group (BCG) Matrix signify a lucrative product/service with a high market share

True

False

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