STR 581 Week 4 Quiz Latest Version 2016
- Firms that enjoy higher profit margins are using which of Michael Porter’s generic strategies?
- If a textile producer acquires a shirt manufacturer, this is called
- Which of the following companies is a good example of a low-cost leader?
- 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
- The most compelling reason companies should diversify can be found in situations when
core competencies can be leveraged with other products or into other markets
- Companies that pursue this value discipline strive to produce a continuous stream of state-of-the-art products and services.
- 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.
- The acquisition of one or more businesses operating at the same stage of the production-marketing chain is an example of
- Which of the following is a generic strategy developed by Michael Porter?
- Which of the grand strategies is typically lowest in risk?
- Which of the following is a value discipline?
- Which matrix makes fine distinctions among business portfolio positions with the inclusion of high/medium/low axes?
- What is it called when current products are marketed, often with only cosmetic changes, to customers in related market areas?
- 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
- Which matrix involves a framework that can help ensure that businesses' strategies are consistent with strategies appropriate to their strategic environment?
- The core competency must represent a major source of value to be a basis for competitive advantage. Furthermore, the core competency
- Which of the following represents an operating opportunity to build value or sharing?