Project Management Study

Project Management Study

University

18 Qs

quiz-placeholder

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Project Management Study

Project Management Study

Assessment

Quiz

Business

University

Practice Problem

Easy

Created by

Max Gil

Used 3+ times

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18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Industry and market analysis, competitor analysis, and social analysis are examples of which step in the strategic planning process?

Analysis of mission, vision, and goals

Analysis of management implementation

Analysis of external opportunities and threats

Analysis of internal strengths and weaknesses

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Skilled management, positive cash flow, and well-known brands are examples of which component of the SWOT analysis?

Threats

Strengths

Weaknesses

Opportunities

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What denotes skills or expertise in an activity that constitutes the roots of competitiveness in an organization?

Strategic values

Core capabilities

Products and services

Opportunities and threats

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Michael Porter's competitive environment model, how can suppliers influence strategic planning?

Suppliers can reduce the threat from substitute products.

Suppliers can reduce the numbers of new entrants in the market.

Suppliers can reduce manufacturing time and increase product quality.

Supplier can reduce technological, demographic, and legal threats in the environment.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company offers unique products in its industry to create a competitive advantage.

Valorization

Differentiation

Customization

Standardization

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt


Happy Inc. is a leading provider of family entertainment and BCD is a broadcasting company with news, cable, and entertainment networks. Happy Inc. recently acquired BCD in hopes of boosting its primary business of family entertainment.

Which type of corporate strategy is represented by Happy Inc.'s purchase of their distribution network?

Vertical integration

Strategic alliances

Networking

Horizontal benchmarking

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A local business has provided services to its customers for 40 years. The business's mission is "To give our customers the best service in town." The owner of the business has had a long-standing dream to franchise the business and become the best provider of its service in the United States.

What describes the owner's dream?

Strategic vision

Strategic mission

Strategic planning

Strategic management

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