6/1/2021 Assignment - 1: Attempt review

Started on Tuesday, 1 June 2021, 4:00 PM

State Finished
Completed on Tuesday, 1 June 2021, 4:42 PM
Time taken 41 mins 30 secs
Grade 14.00 out of 15.00 (93%)

Question 1
Complete

Mark 0.50 out of 0.50

Competitive rivalry: is a never ending process of

Select one:
a. Actions & Responses Which Firms Make To Have An Edge Over Other Firms
b. Moves & Counter Moves Which Firms Make To Have Better Image Than Other Firms
c. Moves & Counter Moves Which Firms Make To Have An Edge Over Other Firms
d. Actions Which Firms Make To Have An Edge Over Other Firms 

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Question 2
Complete
Mark 0.50 out of 0.50

Arrange the following steps related to Value Chain Anaysis1. Document the activities classify them ino primary and support activities 2.
Identify the cost incurred for each Activity and also the margins delivered.3. Benchmark the rms value chain to the industry value chain.4.
Identify activities which give max value and are unique so they are re competencies5. Map the cost structure to see advantage.Choose the
correct option

Select one:
a. 2, 1, 3, 4, 5
b. 5, 1, 4, 3, 2
c. 1, 2, 3, 4, 5
d. 3, 4, 2, 5, 1

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6/1/2021 Assignment - 1: Attempt review

Question 3
Complete
Mark 0.50 out of 0.50

According to Arthur M. Weimer’s “__________ environment encompasses the climate or set of conditions, economic, social, political or
institutional in which business operations are conducted.”

Select one:
a. Micro
b. Internal
c. Macro
d. Business

Question 4
Complete
Mark 0.50 out of 0.50

Who gave the value chain concept?

Select one:
a. Albert Humphrey
b. Porter
c. Glueck
d. Anso

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Question 5
Complete
Mark 0.50 out of 0.50

Mutual interdependence: Strategic competitiveness & above average returns result only when rms realise

Select one:
a. That Their Strategies Are Not Implemented In Isolation From Competitors Action & Responses.
b. That Their Strategies Are Implemented In Isolation From Competitors Action & Responses.
c. That Their Actions & Reactions Are Not Implemented In Isolation From Competitors Action & Responses.
d. That Their Tactics Are Not Implemented In Isolation From Competitors Action & Responses.

Question 6
Complete
Mark 0.50 out of 0.50


What does environmental scanning include: 1.Monitoring internal and external environment 2. Collection of information about environment
3. Analysis information from various sources

Select one:
a. All The Above
b. 1 Only
c. 1& 2 Only
d. 1 & 4 Only

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Question 7
Complete
Mark 0.50 out of 0.50

What does general environment involves 1. Political environment 2. Socio-cultural environment 3. Technological environment 4. Legal
environment 5. Economic environment Choose the correct option

Select one:
a. 1, 2 & 3 Only
b. 1, 2, 3, 4, 5 Only
c. 2, 3 & 4 Only
d. None Of The Above

Question 8
Complete
Mark 0.00 out of 0.50

Which one of the following is not one of the forces of porter's model

Select one:
a. Bargaing Power Of Suppliers
b. Barriers To Entry
c. Threat Of Innovations
d. Bargaining Power Of Buyers

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Question 9
Complete
Mark 0.50 out of 0.50

A well known brand o ers unique product, which is liked by customers, the rm is following

Select one:
a. Focus Stategy
b. Combination Strategy
c. Corporate Level Strategy
d. Di erentiation Strategy

Question 10
Complete
Mark 0.50 out of 0.50


Horizontal integration occurs when

Select one:
a. When A Firm Merges With A Unrelated Business
b. When A Firm Acquires A Supplier
c. When A Firm Merges With A Competitor
d. When A Firm Merges With A Distributor

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Question 11
Complete
Mark 0.50 out of 0.50

BCG Matrix is a __________

Select one:
a. Parenting Strategy
b. Portfolio Strategy
c. Directional Strategy
d. Growth Staratgy

Question 12
Complete
Mark 0.00 out of 0.50


Bargaining power of buyers will be high if

Select one:
a. Switching Costs Are Low
b. Di erentiation In Products In The Market Is Low
c. The Customer Wants High Quality Product
d. The Customer Has Little Information Of The Market

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Question 13
Complete
Mark 0.50 out of 0.50

“ ___________ is the process by which the strategists examine the rm’s marketing and distribution, research and development, production
and operations, corporate resources and personnel, nance and accounting factors to determine where the rm has signi cant strengths
and weaknesses.

Select one:
a. Internal Analysis
b. Competitor Analysi
c. External Analysis
d. Internal And External Analysis

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Question 14
Complete
Mark 0.50 out of 0.50

Match the following questions relates to VRIO framework 1. Value. A.Does your have organised management system, processes, structures,
and culture to capitalize on resources and capabilities 2. Organisation B. Is it expensive to duplicate your organization’s resource or
capability 3. Imitability C. Do you control scare resources or capabilities 4. Rarity. D. Do you o er a resource that adds value for customer
Choose the correct option

Select one:
a. 1-A, 2-B, 3-C, 4-D
b. 1-D, 2-A, 3-B, 4-C
c. 1-D, 2-C, 3-B, 4-A
d. 1- A, 2-D, 3-B, 4-C

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Question 15
Complete
Mark 0.50 out of 0.50

Arrange i n the following steps of strategic process in order:1.Identi cation of the corporate vision, mission, and major corporate
goals.2.Identi cation and then analysisofnternal factors operating within the organization this gives the organization’s strengths and
weaknesses.3. Implementation and control of the strategies.4.Identi cation And then analysis of factors from the external environment
which a ects the business, which in turn gives opportunities and threats.5. Formulate trategies based on the strengths and weaknesses of
the organization to exploit the opportunity o ered by the environment or thwart the threats perceived keepingconsistency with the stated
vision and mission of the organization.

Select one:
a. 3, 2, 4, 1, 5
b. 1, 2, 3, 4, 5
c. 5, 4, 3, 2, 1
d. 1, 4, 2, 5, 3

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Question 16
Complete
Mark 0.50 out of 0.50

The ______________ framework is a strategic analysis tool designed to help organizations uncover and protect the resources and capabilities
that give them a long-termcompetitive advantage. The framework should be put into play after the creation of a vision statement, but
before the strategic planning process.

Select one:
a. Ife
b. Vrio
c. Efe
d. Rbv

Question 17
Complete
Mark 0.50 out of 0.50

Bargaining power of suppliers will be high if

Select one:
a. Not Many Suppliers Are Available
b. Many Suppliers Are Available
c. Many Products Are Available
d. Not Many Products Are Available

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Question 18
Complete
Mark 0.50 out of 0.50

the aim of cost leadership strategy is to

Select one:
a. To Sell At The Cheapest Price
b. To Sell At A Lower Price
c. Start Cut Throat Competition
d. Make A Low Cost Product

Question 19
Complete
Mark 0.50 out of 0.50


which one of the following is used to achieve long term goals of the rm

Select one:
a. Strength
b. Policy
c. Strategy
d. Opportunity

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Question 20
Complete
Mark 0.50 out of 0.50

Who gave VRIO frame work

Select one:
a. Barney
b. C. K. Prahalad & Gary Hamel
c. Glueck
d. Humphrey

Question 21
Complete
Mark 0.50 out of 0.50


the value chain comprises two main activities, one is primary activityaaaaaa7 the other is

Select one:
a. Support Activity
b. Outsourced Activity
c. Peripheral Activity
d. Secondary Activity

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Question 22
Complete
Mark 0.50 out of 0.50

Which of the following is the advantage of mapping competitors against key characteristics 1. Identify strategic competitors 2. Identify
marginal groups 3. Identify strategic spaces 4. Chart directions of strategic movement hoose the correct option

Select one:
a. 1, 2, 3, 4
b. 2, 3 & 4 Only
c. 1, 2 & 3 Only
d. 1 &2 Only

Question 23
Complete
Mark 0.50 out of 0.50

Who gave RBV theory

Select one:
a. Porter
b. Humphrey
c. Barney
d. Glueck

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Question 24
Complete
Mark 0.50 out of 0.50

Competitive Behaviour: is a set of o ensive or defensive moves

Select one:
a. A Firm Makes To Maintain Or Improve Its Market Share
b. A Firm Makes To Maintain Or Improve Its Market Position.
c. A Firm Makes To Maintain Or Improve Its Market Reputation.
d. A Firm Makes To Maintain Or Improve Its Image.

Question 25
Complete
Mark 0.50 out of 0.50


Five force model for industrial analysis was given by

Select one:
a. Glueck
b. Anso
c. Michael E Porter
d. Albert Humphrey

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Question 26
Complete
Mark 0.50 out of 0.50

Competitive dynamics: pertains to full set of behaviours

Select one:
a. Be It Action Or Reaction By All The Firms, Competing Within A Industry.
b. Be It Action Or Reaction By All The Firms, Competing Within A Country.
c. Be It Action Or Reaction By All The Firms, Competing Within A State.
d. Be It Action Or Reaction By All The Firms, Competing Within A Market.

Question 27
Complete
Mark 0.50 out of 0.50


Following are entry barriers except

Select one:
a. Bargaining Power Of Suppliers
b. Retaliation By Competitors
c. Product Loyalty Of Customers
d. Economies Of Scale

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Question 28
Complete
Mark 0.50 out of 0.50

Value is best described as

Select one:
a. Which O ers Bene ts As Perceived By Customer
b. Which O ers Value For Money
c. Which O ers Best Features To Customer
d. Which O ers Competitive Advantage To Firm

Question 29
Complete
Mark 0.50 out of 0.50


Buying of one company by another would involve?

Select one:
a. Join Venture
b. Acquisition
c. Merger
d. Amalgamation

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Question 30
Complete
Mark 0.50 out of 0.50

Product di erentiation means

Select one:
a. High Entry Barriers
b. Customer Believes That Product Is Di erent
c. High Bargaining Power Of Buyers
d. Many Di erent Products Of Competitors

 


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5/31/2021 Assignment - 1: Attempt review

Started on Sunday, 30 May 2021, 11:57 PM

State Finished
Completed on Monday, 31 May 2021, 12:23 AM
Time taken 26 mins 35 secs
Grade 15.00 out of 15.00 (100%)

Question 1
Complete

Mark 0.50 out of 0.50

Bargaining power of suppliers will be high if

Select one:
a. Many Products Are Available
b. Not Many Suppliers Are Available
c. Not Many Products Are Available

d. Many Suppliers Are Available

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5/31/2021 Assignment - 1: Attempt review

Question 2
Complete
Mark 0.50 out of 0.50

Competitive Behaviour: is a set of offensive or defensive moves

Select one:
a. A Firm Makes To Maintain Or Improve Its Market Position.
b. A Firm Makes To Maintain Or Improve Its Market Share
c. A Firm Makes To Maintain Or Improve Its Market Reputation.
d. A Firm Makes To Maintain Or Improve Its Image.

Question 3
Complete 
Mark 0.50 out of 0.50

the aim of cost leadership strategy is to

Select one:
a. Start Cut Throat Competition
b. To Sell At The Cheapest Price
c. To Sell At A Lower Price
d. Make A Low Cost Product

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5/31/2021 Assignment - 1: Attempt review

Question 4
Complete
Mark 0.50 out of 0.50

A focus strategy means

Select one:
a. Selling Cheap To Produce Products
b. Selling Products In One Market Only
c. Selling Very Few Products
d. Selling Products To A Narrow Segment Of Customers

Question 5
Complete 
Mark 0.50 out of 0.50

Competitors: are those companies which make similar products,

Select one:
a. Market Them In Same Location & Aim At Same Customer Group.
b. Market Them In Diiferent Location & Aim At Same Customer Group.
c. Market Them In Diiferent Location & Aim At Different Customer Group.
d. Market Them In Same Location & Aim At Different Customer Group.

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5/31/2021 Assignment - 1: Attempt review

Question 6
Complete
Mark 0.50 out of 0.50

Competitive dynamics: pertains to full set of behaviours

Select one:
a. Be It Action Or Reaction By All The Firms, Competing Within A Country.
b. Be It Action Or Reaction By All The Firms, Competing Within A Industry.
c. Be It Action Or Reaction By All The Firms, Competing Within A State.
d. Be It Action Or Reaction By All The Firms, Competing Within A Market.

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5/31/2021 Assignment - 1: Attempt review

Question 7
Complete
Mark 0.50 out of 0.50

The ______________ is a managerial framework used to determine the strategic resources a firm can exploit to achieve sustainable competitive
advantage.

Select one:
a. Ife
b. Rbv
c. Efe
d. Vca

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5/31/2021 Assignment - 1: Attempt review

Question 8
Complete
Mark 0.50 out of 0.50

Retrenchment is _____________

Select one:
a. Functional Level Strategy
b. Operational Level Strategy
c. Business Level Strategy
d. Corporate Level Strategy

Question 9
Complete 
Mark 0.50 out of 0.50

Value is best described as

Select one:
a. Which Offers Competitive Advantage To Firm
b. Which Offers Best Features To Customer
c. Which Offers Benefits As Perceived By Customer
d. Which Offers Value For Money

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5/31/2021 Assignment - 1: Attempt review

Question 10
Complete
Mark 0.50 out of 0.50

Arrange the following steps related to Value Chain Anaysis1. Document the activities classify them ino primary and support activities 2. Identify
the cost incurred for each Activity and also the margins delivered.3. Benchmark the firms value chain to the industry value chain.4. Identify
activities which give max value and are unique so they are re competencies5. Map the cost structure to see advantage.Choose the correct
option

Select one:
a. 5, 1, 4, 3, 2
b. 1, 2, 3, 4, 5
c. 3, 4, 2, 5, 1
d. 2, 1, 3, 4, 5

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5/31/2021 Assignment - 1: Attempt review

Question 11
Complete
Mark 0.50 out of 0.50

What does industry environment involves 1.Threat of new entrants 2. Power of supplier 3. Power of buyers 4. Product substitute 5. Intensity of
rivalry Choose the correct option

Select one:
a. 2, 3 & 4 Only
b. 1, 2 & 3 Only
c. None Of The Above
d. All The Above

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Question 12
Complete
Mark 0.50 out of 0.50

“ ___________ is the process by which the strategists examine the firm’s marketing and distribution, research and development, production and
operations, corporate resources and personnel, finance and accounting factors to determine where the firm has significant strengths and
weaknesses.

Select one:
a. Internal Analysis
b. Competitor Analysi
c. Internal And External Analysis
d. External Analysis

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5/31/2021 Assignment - 1: Attempt review

Question 13
Complete
Mark 0.50 out of 0.50

which one of the following is used to achieve long term goals of the firm

Select one:
a. Strategy
b. Strength
c. Policy
d. Opportunity

Question 14
Complete 
Mark 0.50 out of 0.50

_______ is a possible and desirable future state of an organization

Select one:
a. Goals
b. Mission
c. Vision
d. Objectives

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5/31/2021 Assignment - 1: Attempt review

Question 15
Complete
Mark 0.50 out of 0.50

According to VRIO Model, questions whose answer give organizations competencies are : 1. Value: Does the resource under consideration
provide customer value?2 Rareness: Does the resource under consideration is not possessed by competitors?3. Imitability: Does the resource
under consideration is costly to imitate by competitors?4.Organization: Does the organizations are designed to exploit the resource?Choose
the correct option

Select one:
a. 1 & 2
b. 2,4
c. 1, 4
d. 1, 2, 3,4

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Question 16
Complete
Mark 0.50 out of 0.50

Which among the following should be tried first amog retrenchment strategies?

Select one:
a. Divestiture
b. Liquidation
c. Stability
d. Turnaround

Question 17
Complete 
Mark 0.50 out of 0.50

Who gave VRIO frame work

Select one:
a. Humphrey
b. Barney
c. Glueck
d. C. K. Prahalad & Gary Hamel

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5/31/2021 Assignment - 1: Attempt review

Question 18
Complete
Mark 0.50 out of 0.50

A well known brand offers unique product, which is liked by customers, the firm is following

Select one:
a. Focus Stategy
b. Differentiation Strategy
c. Corporate Level Strategy
d. Combination Strategy

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5/31/2021 Assignment - 1: Attempt review

Question 19
Complete
Mark 0.50 out of 0.50

Match the following questions relates to VRIO framework 1. Value. A.Does your have organised management system, processes, structures,
and culture to capitalize on resources and capabilities 2. Organisation B. Is it expensive to duplicate your organization’s resource or capability
3. Imitability C. Do you control scare resources or capabilities 4. Rarity. D. Do you offer a resource that adds value for customer Choose the
correct option

Select one:
a. 1-D, 2-C, 3-B, 4-A
b. 1-A, 2-B, 3-C, 4-D
c. 1-D, 2-A, 3-B, 4-C
d. 1- A, 2-D, 3-B, 4-C

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5/31/2021 Assignment - 1: Attempt review

Question 20
Complete
Mark 0.50 out of 0.50

Which one of the following is not one of the forces of porter's model

Select one:
a. Bargaing Power Of Suppliers
b. Threat Of Innovations
c. Barriers To Entry
d. Bargaining Power Of Buyers

Question 21
Complete 
Mark 0.50 out of 0.50

Five force model for industrial analysis was given by

Select one:
a. Ansoff
b. Albert Humphrey
c. Glueck
d. Michael E Porter

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5/31/2021 Assignment - 1: Attempt review

Question 22
Complete
Mark 0.50 out of 0.50

Which of the these is not a nature of business environment

Select one:
a. Continuous
b. Uncertain
c. Easily Predictable
d. Dynamic

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Question 23
Complete
Mark 0.50 out of 0.50

Which of the following is the advantage of mapping competitors against key characteristics 1. Identify strategic competitors 2. Identify
marginal groups 3. Identify strategic spaces 4. Chart directions of strategic movement hoose the correct option

Select one:
a. 1, 2 & 3 Only
b. 1 &2 Only
c. 1, 2, 3, 4
d. 2, 3 & 4 Only

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5/31/2021 Assignment - 1: Attempt review

Question 24
Complete
Mark 0.50 out of 0.50

Who gave RBV theory

Select one:
a. Humphrey
b. Glueck
c. Barney
d. Porter

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5/31/2021 Assignment - 1: Attempt review

Question 25
Complete
Mark 0.50 out of 0.50

A ______________ results from a specific set of skills or production techniques that deliver additional value to the customer. These enable an
organization to access a wide variety of markets.

Select one:
a. Strength
b. Capability
c. Core Competency
d. Opportunities

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5/31/2021 Assignment - 1: Attempt review

Question 26
Complete
Mark 0.50 out of 0.50

Mutual interdependence: Strategic competitiveness & above average returns result only when firms realise

Select one:
a. That Their Actions & Reactions Are Not Implemented In Isolation From Competitors Action & Responses.
b. That Their Strategies Are Not Implemented In Isolation From Competitors Action & Responses.
c. That Their Strategies Are Implemented In Isolation From Competitors Action & Responses.
d. That Their Tactics Are Not Implemented In Isolation From Competitors Action & Responses.

Question 27
Complete 
Mark 0.50 out of 0.50

Full form of ETOP analysis

Select one:
a. Economic Threat And Opportunity Product
b. Environmental Threat And Opportunity Profile
c. Environment Threat And Opportunity Profile
d. Economic Threat And Opportunity Profile

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5/31/2021 Assignment - 1: Attempt review

Question 28
Complete
Mark 0.50 out of 0.50

Growth strategy is a

Select one:
a. Business Level Strategy
b. Corporate Level Strategy
c. Operational Level Strategy
d. Functional Level Strategy

Question 29
Complete 
Mark 0.50 out of 0.50

Which is not the different phases of strategic process

Select one:
a. Strategy Implementation
b. Strategy Planning
c. Strategy Analysis
d. Strategy Formulation

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5/31/2021 Assignment - 1: Attempt review

Question 30
Complete
Mark 0.50 out of 0.50

Identify entry of barriers for new entrant in the industry1.Economies of scale2. Product differentiation3. Capital requirements 4. Switching
costs 5. Access to distribution channels: 6. Cost disadvantages independent of size 7. Government policy Choose the correct option

Select one:
a. All The Above
b. 5, 6, 7 Only
c. 1, 2, 3, 4
d. None Of The Above


 

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