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Strategy Quiz IB 3125

Authored by Manie Spoelstra

Business

University

Used 7+ times

Strategy Quiz IB 3125
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

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The vision of a company is similars to it's ___

dreams

mission

key performance areas

gaps in performance

2.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

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The statement: "To produce organic, healthy milk products with skilled staff," is a typical___

vision

dream

mission

factor analysis

3.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

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A SWOT analysis is an acronym for strengths, weaknesses, opportunities and ___

targets

threats

tensions

times

4.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

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The Porter strategic analysis attempts to determine the extend of rivalry in the industry.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

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An Ishikawa diagram can also be called a ___ diagram

effective

action

layout

cause-and-effect

6.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

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A PESTEL analysis is ___

an analysis of financial statements

a cost and expense analysis

required by law in Florida

an external scan or audit of the business environment

7.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

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A PESTEL analysis is used to analyze __

people at work

external environment

social culture of the company

threats (internal)

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