Strategic Management EA IA

Which of the following is a key component of an internal assessment in strategic management?

• Strengths and weaknesses

• Market trends

• Government regulations

• Competitor strategies

Which analysis tool is commonly used to evaluate an organization's internal strengths and weaknesses?

• PESTEL Analysis

• SWOT Analysis

• Porter’s Five Forces

• Balanced Scorecard

What type of resources are considered in an internal assessment?

• Human, financial, and technological resources

• Competitor strategies

• Customer buying behavior

• Political and legal factors

Which internal factor can significantly impact a company’s ability to implement a new strategy?

• Organizational culture

• Economic conditions

• Industry competition

• Government regulations

Which of the following is an example of an internal weakness?

• High production costs

• Strong brand reputation

• Favorable economic policies

• Growth in customer demand

What is a key limitation of internal assessments?

• They often ignore external opportunities and threats

• They overemphasize competitor strategies

• They rely solely on economic conditions

• They focus only on technological factors

A company’s internal capabilities should be aligned with:

• Industry trends

• Government regulations

• Its strategic objectives

• Competitor actions

Why is employee morale an important factor in internal assessment?

• It influences productivity and performance

• It affects government policy changes

• It directly determines industry growth

• It shapes consumer demand

Which tool helps companies measure internal performance metrics?

• Balanced Scorecard

• PESTEL Analysis

• Five Forces Model

• Benchmarking

A company’s core competency is best described as:

• A unique strength that provides a competitive advantage

• A regulatory requirement enforced by the government

• A factor external to the organization

• A threat posed by market competition