
QUANR TRIJ CHIEENS LUWOJC
Authored by Huyền Phạm
Education
University
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30 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
1. Strategy is about the search for competitive advantage.
TRUE
FALSE
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The central purpose of SWOT analysis is to identify the strategies to exploit external opportunities, counter threats, build on and protect company strengths, and eradicate weaknesses.
True
FALSE
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
When managers decide to ignore different segments and produce a standardized product for the average consumer, we say they are pursuing a focus strategy.
TRUE
FALSE
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Internal stakeholders are customers, suppliers, creditors, governments, unions, local communities, and the general public.
TRUE
FALSE
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Risk capital is capital that cannot be recovered if a company fails and goes bankrupt.
TRUE
FALSE
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Advanced factors of production are resources such as land, labor, management, plants, and equipment.
TRUE
FALSE
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
When a company targets a certain segment or niche and tries to be the low-cost player in that niche, the company is pursuing a focus low-cost strategy.
TRUE
FALSE
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