Question
Q: Question 1. The determination of the basic long term goals and objectives of an enterprise and the adoption of courses of action and the
Q:
Question 1.
The determination of the basic long term goals and objectives of an enterprise and the adoption of courses of action and the allocation of resources is called which of the following
Law
Strategy
Plan
Policy
Question 2.
The design and choice of appropriate Organisational strategies is carried out under the strategic formulation
False
True
Question 3.
Competitive advantage can be achieved through which of the following
None Of The Above
Low Cost
Better Service
A & B
Question 4.
Which one of the following is not one of Porters five forces
Threat Of Substitute
Rivalry Among Existing Organization
Threat Of Government
Threat Of New Entrants
Question 5.
A statement of what the organization stands for, what it believes in, and why it exists is called which of the following
Goals
Mission
Objective
Vision
Question 6.
A set of firms competing within an industry that have similar strategies, resources and customers is called which of the following
Strategic Group
Customer Group
Industry Group
Competitive Group
Question 7.
Focus strategy is utilizing either a differentiation or cost leadership strategy in a narrow profile of market segment known as which of the following
High Market
Hot Market
Low Market
Niche Market
Question 8.
Alliances between organizations from different, sometimes unrelated industries to work on well-defined activities such as new technology development are called which of the strategic alliance
None Competitive
Pro-competitive
Competitive
Pre Competitive
Question 9.
In which stage of the strategy formulation is the question Where is the organization now? Asked
Strategic Intent
Strategic Choice
Strategic Assessment
Strategic Planning
Question 10.
The assessment of whether the organization has the proper resource to support the strategic choice is which form of strategic evaluation
All Of The Above
Suitability
Feasibility
Acceptability
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