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M.Quiz #3: Corporate Strategy

Authored by missC alternate

Hospitality and Catering

University

20 Questions

Used 2+ times

M.Quiz #3: Corporate Strategy
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A large hotel chain is considering expanding into the cruise ship market. This would best be classified as:

A star in the BCG matrix

A cash cow in the BCG matrix

A question mark in the BCG matrix

A dog in the BCG matrix

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Global Hospitality Inc. operates hotels, resorts, and restaurants in 50 countries. They allow each country's management team to make most decisions independently. This approach is most consistent with:

An international strategy

A multidomestic strategy

A global strategy

A transnational strategy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

TechTravel Corp develops innovative booking software used by many airlines and hotels. This capability is best described as:

A core competency

A cash cow

A multidomestic strategy

A portfolio approach

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

LuxuryStays Ltd. is known for its exceptional customer service across all its hotel brands. When expanding into vacation rentals, they focus heavily on maintaining this same level of service. This exemplifies:

A question mark strategy

A dog strategy

Leveraging a core competency

A regiocentric approach

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

FastFood Global standardizes its menu and operations across all countries, with minimal local adaptations. This approach is most consistent with:

An ethnocentric strategy

A polycentric strategy

A regiocentric strategy

A geocentric strategy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Adventure Tours Inc. is considering adding a luxury cruise line to its portfolio of budget hotels and economy airlines. This decision is most relevant to:

Core competency analysis

Portfolio management

Transnational strategy

Ethnocentric approach

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

CoffeeWorld adapts its menu significantly for each country it operates in, often creating unique items only available in specific locations. This approach is most consistent with:

A global strategy

A multidomestic strategy

An international strategy

A transnational strategy

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