
SM (1-30)
Authored by Khoa Minh
Professional Development
University
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30 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
According to the text, one reason environmental uncertainty is a threat to strategic managers is because?
It is a costly and time-consuming process.
It hampers their ability to develop long-range plans and make strategic decisions.
It forces the strategic manager to be more stable.
It creates a new playing field in which creativity and innovation can play a major part in strategic decisions
2.
MULTIPLE CHOICE QUESTION
5 sec • 1 pt
Which of the following is not a support activity of the value chain?
Strategic planning
Human resources management
Technology development
Marketing & Sales
3.
MULTIPLE CHOICE QUESTION
5 sec • 1 pt
What is a set of business units or firms that "pursue similar strategies with similar resources"?
Integral association
Strategic group
Collective collaboration
Cooperative
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which barrier to entry do corporations such as P&G use to force new entrants to spend heavily to overcome existing customer loyalty?
Switching costs
Capital requirements
Product differentiation
Access to distribution channels
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which of the following is a function of corporate culture?
It conveys a sense of identity for employees.
It generates creative approaches to new situations.
It encourages flexibility and thus constant change.
It encourages a laissez faire set of attitudes.
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which of the following is not one of the eight current sociocultural trends mentioned in the text?
Wage/price controls
Increasing environmental awareness
Growth of the seniors market
Decline of the mass market
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which societal force includes demographic trends?
Technology forces
Sociocultural forces
Labors forces
Economic forces
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