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STR Week 4 Quiz

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1. Which of the following is a generic strategy developed by Michael Porter?;2. Firms that enjoy higher profit margins are using which of Michael Porter?s generic strategies?;3. Which matrix involves a framework that can help ensure that businesses' strategies are consistent with strategies appropriate to their strategic environment?;4. For the ABC Company, the Alpha business is in a dominant market share position in a mature market. As per the BCG matrix, Alpha is a;5. Which matrix makes fine distinctions among business portfolio positions with the inclusion of high/medium/low axes?;6. Which of the following companies is a good example of a low-cost leader?;7. The grand strategy in which the firm directs its resources to the profitable growth of a single product, in a single market and with a single technology is termed;8. Firms that follow this type of generic strategy can sometimes have difficulties succeeding without compromising the key attributes of a company?s products or services.;9. If a textile producer acquires a shirt manufacturer, this is called;10. Companies that pursue this value discipline strive to produce a continuous stream of state-of-the-art products and services.;11. Which of the following represents an operating opportunity to build value or sharing?;12. The core competency must represent a major source of value to be a basis for competitive advantage. Furthermore, the core competency;13. What is it called when current products are marketed, often with only cosmetic changes, to customers in related market areas?;14. The most compelling reason companies should diversify can be found in situations when;15. The acquisition of one or more businesses operating at the same stage of the production-marketing chain is an example of;16. Which of the grand strategies is typically lowest in risk?;17. Which of the following is a value discipline?

 

Paper#73618 | Written in 18-Jul-2015

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