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Strategic Management

Authored by Shivam Bhardwaj

Education

University

Used 2+ times

Strategic Management
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35 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a corporate-level strategy?

Differentiation

Market Penetration

Competitive Pricing

Diversification

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business-level strategy focuses on:

The entire organization

How to compete in a specific market

Geographic expansion

Capital budgeting

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Functional-level strategies are primarily concerned with:

Shareholder returns

Market share

Departmental activities

Industry competition

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is an example of a stability strategy?

Expanding into a new country

Merging with a competitor

Maintaining current operations

Launching a new product line

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Retrenchment strategies are typically used when:

A firm wants rapid growth

A firm is doing well financially

A firm needs to cut costs or downsize

A firm is entering a new industry

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a blue ocean strategy, companies:

Compete in existing markets

Focus only on cost leadership

Create uncontested market space

Avoid innovation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A red ocean represents:

A) New and untapped markets

B) Existing and highly competitive markets

C) Markets with no competition

D) Markets with high innovation

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