Developing a Strategic Plan

Interactive Video
•
Business
•
University
•
Hard
Wayground Content
FREE Resource
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of strategy focuses on the overall purpose and objectives of an organization?
Competitive strategy
Operational strategy
Financial strategy
Organizational strategy
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does SWOT analysis help an organization to identify?
Technological advancements
Political and legal factors
Strengths, weaknesses, opportunities, and threats
Market trends and consumer behavior
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a PESTLE factor?
Legal
Economic
Technological
Cultural
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of identifying specific goals and objectives in a competitive strategy?
To expand into new markets
To reduce operational costs
To ensure the competitive strategy is effective
To increase the number of employees
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the final step in developing a strategic plan according to the video?
Evaluating competitor strategies
Identifying internal strengths
Conducting a market analysis
Establishing tasks and processes
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