QUIZ 3 strama

Which strategic tool primarily matches internal strengths and weaknesses with external opportunities and threats?

• BCG Matrix

• SWOT Matrix

• IE Matrix

• QSPM

In the SWOT Matrix, strategies that use strengths to take advantage of opportunities are called:

• WT strategies

• ST strategies

• WO strategies

• SO strategies

Which of the following is NOT a dimension used in the SPACE Matrix?

• Financial Position (FP)

• Competitive Position (CP)

• Industry Position (IP)

• Market Growth Rate (MGR)

A firm plotted in the aggressive quadrant of the SPACE Matrix is most likely to pursue:

• Retrenchment strategies

• Defensive strategies

• Growth and expansion strategies

• Liquidation strategies

In the BCG Matrix, a business unit with high market share and low industry growth is classified as:

• Star

• Question Mark

• Dog

• Cash Cow

What is the primary purpose of the BCG Matrix?

• To evaluate internal strengths and weaknesses

• To determine competitive positioning only

• To allocate resources among business units

• To rank alternative strategies quantitatively

In the IE Matrix, cells I, II, and IV generally suggest which strategic posture?

• Harvest and divest

• Hold and maintain

• Grow and build

• Retrench and liquidate

The Grand Strategy Matrix is based on which two dimensions?

• Market share and profitability

• Competitive position and market growth

• Internal and external factor scores

• Financial position and industry stability

A firm in Quadrant III of the Grand Strategy Matrix typically requires:

• Aggressive growth strategies

• Market penetration strategies

• Drastic changes such as retrenchment or liquidation

• Forward integration strategies

Which strategic tool is used in the decision stage to quantitatively compare alternative strategies?

• SWOT Matrix

• SPACE Matrix

• IE Matrix

• QSPM