Hi Tutor

Please I want your support to get answers to these questions

this for model - Strategic Management and Leadership

1. The following are essential factors to consider when formulating successful strategy:*

A. Understanding of External environment

B. Understanding of Resources and core competencies

C. Innovation

D. Leadership

E. All of the above

2. According to Porter's Generic strategy theory using both Cost leadership and differentiation is known as which strategy:

A. Focus Strategy

B. Stuck in the middle strategy

3.According to the VRIO model when you have a resource that is valuable:

A. Temporary Competitive advantage

B. Distinctive Competitive Advantage

C. No Competitive Advantage

D. None of the above

4.To devise a blue ocean strategy, you need to find aspects that could be:

A.Eliminated, Raised, Reduce and Created

B. Replaced, Reassembled, Redesigned and Retracted

D. None of the above

5.Which one below are not among the 5PS of strategy according to Mintzberg:

A. Plan

B. Potential

C. Ploy

D. Pattern

E. Processes

6.The rivalry in the marketplace is not affected by which of the following?

A. Supplier's bargaining power

B. New entrants

C. Substitutes

D. None of the above

7.Analysis of the industry is conducted specifically through which of the models:

A. SWOT

B. PESTLE

C. PORTERS FIVE FORCES

D. ALL OF THE ABOVE

8.When Rivals work to segment market or otherwise position around each other while avoiding head-to-head competition

A. Monopoly

B. Oligopoly

C. Perfect Competition

D. Hypercompetition

8.Which of the following are the major challenges affecting global design?

A. Complexity and differentiation

B. Increased competition

C. Leadership style

D. Organizational politics

9.Which one below is not part of a standardization strategy?

A. Centralizing common activities

B. Gaining Economies of scale

C. Focus on efficiency

D. Increasing local responsiveness

10.Strategy change is usually followed by organizational redesign because of the need for:

A. Increasing alignment to strategy

B. Deciding job roles

C. Creating cross-functional teams

D. All of the above

11.A functional structure usually lays focus on

A. Clear job specialization

B. Cross functional collaboration

C. Horizontal communication

D. Holarctic structures

11.A divisional structure can be created based on which of the following?

A. Markets

B. Geography

C. Competition

D. Strategy

12.Which of the following is one of the major challenges affecting the rethinking of organizational design as they expand?

A. Coordination

B.Business intelligence

C. Forecasting trends

D. Project lifecycle

13.Innovation strategies suggested by the Gary Paisano model included which types of innovation?

A. Architectural

B. Technological

C. Functional

D. All of the above

14.Innovation improves which of the following?

A. Sales

B. Employee relations

C. Waste management

D. All of the above

15.When strategy is devised cased in current structure and resources available it is called:

A. Miles and Snow

B. Cost leadership

C. Backward linkage

D. None of the above

15.A value chain analysis model which looks at various activities of the organization and categorise them into primary and secondary was suggested by?

A. Carlos Ghosn

B. Henry Mintzberg

C. Michael Porter

D.Elon Musk

16.Budgets are the last check of the feasibility of the strategy before it gets implemented

A. True

B. False