HRM141 - Strama with TQM

HRM141 - Strama with TQM

University

20 Qs

quiz-placeholder

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HRM141 - Strama with TQM

HRM141 - Strama with TQM

Assessment

Quiz

Other

University

Practice Problem

Hard

Created by

Joseph Mata

Used 3+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt


  1. Which level of corporate strategy is concerned with the overall direction and scope of the entire organization?

Corporate-level

Business-level

Functional-level

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of decision typically falls under corporate-level strategy?

Pricing strategy for a specific product

Deciding whether to enter a new market

Recruiting and training employees

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When a company operates in multiple businesses, the corporate-level strategy focuses on:

Maximizing profits in each individual business

Achieving synergy and resource allocation across all businesses

Competing directly with rivals in each industry

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which level of strategy is concerned with how a specific business unit competes within its industry?

Corporate-level

Business-level

Functional-level

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Examples of business-level strategies include:

Cost leadership

Product differentiation

Both of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company pursuing a growth strategy aims to:

Maintain its current market share

Expand its operations and revenue

Reduce costs and improve efficiency

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of growth strategy involves acquiring other companies?

Mergers and acquisitions

Organic growth

Joint ventures

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