Business Strategies Quiz

Business Strategies Quiz

12th Grade

18 Qs

quiz-placeholder

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Business Strategies Quiz

Business Strategies Quiz

Assessment

Quiz

Business

12th Grade

Easy

Created by

Batsaihkan Indra

Used 2+ times

FREE Resource

18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the least risky strategy for big companies?

The combined strategy

The reduction strategy

The strategy of limited growth

The strategy of rapid growth

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What approach is defined by achieving substantial increases in revenue annually?

The strategy of steady growth

The contraction strategy

The strategy of aggressive expansion

The hybrid strategy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the reduction strategy aim to achieve?

Increase in sales

Getting rid of uncompetitive business processes

Expansion into new markets

Maximizing profit in the short term

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which strategy includes elements of both growth and reduction?

The reduction strategy

The strategy of limited growth

The combined strategy

The leadership strategy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key focus of competitive strategies?

Maximizing short-term profits

Expanding product lines

Attracting buyers and fighting rivals

Reducing costs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of a leadership strategy through cost savings?

To focus on a limited range of goods

To maintain a long-term competitive advantage

To maximize short-term profits

To create a wide range of products

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a disadvantage of the differentiation strategy?

High costs for constant modification of goods

Increased competition

Limited market reach

Lower product quality

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