buss 3023 strategic management

MC QUESTION: chose one correct answer and provide the reason

1a. Which one of the following concepts is not a business-level strategy?

a.Diversification

b.Focus

c.Differentiation

d.Cost leadership

Provide the reason of this concept and explain what this concept means.

2a. A cooperative strategy is a strategy in which firms work together to achieve a shared:

a.objective

b.opportunity

c.mission

d.vision

Provide the reason of this concept and explain what this concept means.

3a. Which one of the following concepts is not a restructuring strategy?

a.Downsizing

b.Leveraged buyouts

c.Strategic Alliances

d.Downscoping

Provide the reason of this concept and explain what this concept means.

4a. A global corporate-level strategy assumes:

a. a rise in income levels across the world

b. more standardisation of products across country markets

c. increasing demand for products in the world

d. increasing levels of cultural differences among nations

Provide the reason of this concept and explain what this concept means.

5a. Top-level managers determine:

a. reward systems and organisational culture

b. industry structure

c. ratios on return on investment

d. capital market fluctuations

Provide the reason of this concept and explain what this concept means.