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Chapter 2|Competitiveness, Strategy, and Productivity

Total questions: 10

Worksheet time: 2mins

Name
Class
Date
1.

relates to the effectiveness of an organization in the marketplace relative to other organizations that offer similar products or services.

a)

Competitiveness

b)

Strategy

c)

Productivity

d)

Business

2.

key factors in consumer buying decisions. It is important to understand the trade-off decision consumers make between price and quality.

a)

Identifying consumer wants and/or needs

b)

Price and quality

c)

Advertising and promotion

d)

Marketing influences

3.

relates to the plans that determine how an organization pursues its goals.

a)

Strategy

b)

Competitiveness

c)

Productivity

d)

Company

4.

The reason for the existence of an organization.

a)

Mission

b)

Mission statement

c)

Goals

d)

Tactics

5.

The methods and actions taken to accomplish strategies.

a)

Mission

b)

Tactics

c)

Core competencies

d)

Strategies

6.

a study undertaken by an organization to identify its internal strengths and weaknesses, as well as its external opportunities and threats.

a)

Financial Analysis

b)

Strategy Formula

c)

Strategy Formulation

d)

SWOT Analysis

7.

is a strategy that a company develops to expand into the global market.

a)

Supply Chain Strategy

b)

Sustainability Strategy

c)

Global Strategy

d)

Supply Strategy

8.

narrower in scope, dealing primarily with the operations aspect of the organization.

a)

Supply Chain Strategy

b)

OPERATIONS STRATEGY

c)

Sustainability Strategy

d)

Global Strategy

9.

relates to the effective use of resources and has a direct impact on competitiveness.

a)

Producer

b)

Product

c)

Productivity

d)

Power

10.

BONUS!!! In All of Us Are Dead, what is the name of the class president?

Answer: Choi Nam-ra

a)

Choi Nam-ra

b)

Nam On-jo

c)

Lee Cheong-san

d)

Lee Su-hyeok