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Strategy in Business

Total questions: 10

Worksheet time: 3mins

Name
Class
Date
1.

Blue ocean strategies tap into...

a)

very competitive markets

b)

unknown markets

c)

well structured markets

d)

forgotten markets

2.

Having a good ... plan should lead you to making the right decision that will get you the most profits.

a)

strategy

b)

strategical

c)

strategic

d)

strategized

3.

The ... potential refers to amount of sales or revenues the organization generates.

a)

growth

b)

growing

c)

grew

d)

growed

4.

When a company thrives it ...

a)

is in a recession.

b)

does poorly.

c)

is in decline.

d)

does well.

5.

We wanted to make sure Billy was a good fit for our ... culture.

a)

corporation

b)

corporated

c)

corporate

d)

corporating

6.

A strategic move is an action with a particular...

a)

purpose in relation to objectives.

b)

goal the company wants to reach.

c)

message to shareholders.

d)

strategy to make more money.

7.

A company dominates a market when...

a)

it's doing well in a market.

b)

it just started selling in a market.

c)

it stops selling in a market.

d)

it's the biggest competitor there.

8.

To establish a foothold in a market means...

a)

starting to sell in a market for first time.

b)

occupying small part of market.

c)

outdoing the main competitors.

d)

loosing against competitors.

9.

Job ... will be an important issue in next year's election.

a)

creative

b)

created

c)

creating

d)

creation

10.

A lot of ... advice can be found in her book.

a)

value

b)

valuable

c)

valued

d)

valuing