BAM 221 Midterms Exam

BAM 221 Midterms Exam

University

52 Qs

quiz-placeholder

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BAM 221 Midterms Exam

BAM 221 Midterms Exam

Assessment

Quiz

Other

University

Medium

Created by

Cristine Avance�a

Used 6+ times

FREE Resource

52 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the main focus of corporate-level strategy?

Maximizing the efficiency of functional departments

Establishing the overall direction of the organization

Managing competitive positions of individual business units

Responding reactively to environmental changes

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is an example of a retrenchment strategy?

Expanding product lines

Entering new industries

Cutting operational expenses

Improving existing products

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which type of strategy focuses on enhancing competitive positions in specific industries?

Business-level strategy

Corporate-level strategy

Functional-level strategy

None of the above

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which business unit is NOT under Jollibee Foods Corporation?

Greenwhich

Chowking

Burger King

McDonald's

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Functional-level strategy refers to strategies applied at which level of an organization?

Corporate headquarters

Specific departments like marketing or operations

Competitive positioning of business units

Product development strategy

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

7-Eleven's expertise in selecting profitable locations is an example of which level of strategy?

Corporate-level strategy

Business-level strategy

Functional-level strategy

Strategic type

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which strategic type prioritizes efficiency and cost-effective methods?

Defenders

Prospectors

Analyzers

Reactors

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