
M103-3-B
Quiz
•
Science
•
1st Grade
•
Medium
(FPTU Ly
Used 3+ times
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39 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
_____ are skills and capabilities that enable an organization to create and implement its strategies.
Choose at least one correct answer
1. Answer 1
Market opportunities
2. Answer 2
Organizational opportunities
3. Answer 3
Market strengths
4. Answer 4
Organizational strengths
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4
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following is an organizational strength?
Choose at least one correct answer
1. Answer 1
High employee turnover
2. Answer 2
High production costs
3. Answer 3
Well-established distribution channels
4. Answer 4
High purchasing power of customers
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4
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A(n) _____ is an internal skill or capability that does not enable a company to choose and implement strategies that support its mission.
Choose at least one correct answer
1. Answer 1
organizational weakness
2. Answer 2
organizational threat
3. Answer 3
market threat
4. Answer 4
process gain
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4
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A(n) _____ is an area in an organization's environment that, if exploited, may generate higher performance.
Choose at least one correct answer
1. Answer 1
organizational opportunity
2. Answer 2
economic downswing
3. Answer 3
organizational strength
4. Answer 4
process gain
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3
4
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
An organization that pursues a(n) _____ strategy seeks to stand out among competitors through the quality (broadly defined) of its products or services.
Choose at least one correct answer
1. Answer 1
differentiation
2. Answer 2
divesting
3. Answer 3
anti-competitive
4. Answer 4
focus
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6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following statements is true about the differentiation strategy?
Choose at least one correct answer
1. Answer 1
It enables a firm to sell products at lower prices and still make profits.
2. Answer 2
It enables a firm to charge more for its products.
3. Answer 3
It is aimed at reducing production costs by using inexpensive raw materials.
4. Answer 4
It involves making simple, low-priced products for the mass market.
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7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following is most closely associated with an overall cost leadership strategy?
Choose at least one correct answer
1. Answer 1
Manufacturing highly-customized products
2. Answer 2
Manufacturing products in bulk
3. Answer 3
Providing highly efficient customer service that is better than any other competitor
4. Answer 4
Selling products at high prices
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