
Checkpoint Session 7
Authored by Alina Mansor
Business
University
Used 2+ times

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the strategy formulation framework, the matching stage focuses on:
generating the advantages & disadvantages of stage 1
generating the relationships between internal and external factors
generating feasible alternative strategies
generating maximum revenues and profits
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
IE matrix and BCG matrix are known as:
Portfolio analysis
External analysis
Divisional analysis
Business analysis
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A vision statement answers the question:
What is our business?
How do we do our business?
How do we achieve our vision?
What do we want to become?
4.
OPEN ENDED QUESTION
1 min • 1 pt
TWO benefits to a firm that does strategic planning:
Evaluate responses using AI:
OFF
5.
OPEN ENDED QUESTION
45 sec • 1 pt
An External Factor Evaluation (EFE) Matrix allows firms to respond either ___ or ___ to external factors.
Evaluate responses using AI:
OFF
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