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Multiple Choice WPS Office

The document consists of multiple-choice and true/false questions related to business strategy concepts such as Porter's Five Forces, PESTLE Analysis, and SWOT Analysis. It assesses understanding of competitive advantage, resource availability, and the impact of external factors on business strategies. The questions cover various aspects of organizational culture, supplier power, and environmental scanning.

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43 views2 pages

Multiple Choice WPS Office

The document consists of multiple-choice and true/false questions related to business strategy concepts such as Porter's Five Forces, PESTLE Analysis, and SWOT Analysis. It assesses understanding of competitive advantage, resource availability, and the impact of external factors on business strategies. The questions cover various aspects of organizational culture, supplier power, and environmental scanning.

Uploaded by

2202936
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Multiple-Choice (10 points) 10.

F (Porter’s Five Forces examines


1. b) Analyze and assess internal and external competition, not just internal
external business factors analysis)
2. c) Technological
3. c) Resource Availability III. Identification (10 points)
4. a) Strength 1. Environmental Scanning
5. a) Identifying key activities that 2. PESTLE Analysis
provide a competitive advantage 3. Porter’s Five Forces Model
6. b) Rareness 4. SWOT Analysis
7. c) Environmental Scanning 5. Outbound Logistics
8. c) Supplier Bargaining Power 6. Organization
9. b) Threat of Substitutes 7. Value Chain Analysis
10. b) It can be too subjective and biased 8. Organizational Culture Analysis
9. Threat
II. True or False (10 points) 10. To evaluate business strategies for
1. T competitive advantage
2. F (Laws and regulations are part of TRUE OR FALSE (20 items – 20 points)
Legal, not Economic) 1. F (PESTLE Analysis examines external,
3. T not internal, factors.)
4. F (Competitive Rivalry is higher when 2. T
there are more competitors) 3. T
5. F (A resource must be difficult to 4. T
imitate to provide a competitive 5. F (Supplier power is low when there
advantage) are multiple suppliers.)
6. T 6. T
7. F (Organizational Culture affects 7. F (This is a weakness, not a threat,
employee retention) because it is an internal issue.)
8. T 8. T
9. T 9. F (Competitive Rivalry is higher when
there are more competitors.) 5. b) To improve a company’s efficiency
10. T and cost-effectiveness
11. F (Increased regulations are usually a 6. b) Customers can easily switch to
threat, not a strength.) other products
12. F (Cost Leadership focuses on low 7. b) A company’s internal resources and
prices, not premium pricing.) capabilities
13. T 8. a) Political
14. T 9. b) Strong brand loyalty among
customers
15. F (Legal factors are included in 10. b) Value Chain Analysis
PESTLE Analysis.)
16. T 11. b) Weaknesses
17. F (Resources must also be properly 12. a) A company facing many strong
utilized to maintain an advantage.) competitors in the same industry
18. T 13. b) Cost Leadership Strategy
19. F (Supply chain inefficiency is an 14. a) Suppliers will increase the cost of
internal weakness, not an external raw materials
factor.) 15. d) Profitability
20. F (Risk Analysis is essential for 16. c) Strength
business strategy.) 17. d) Monitoring and evaluating results
MULTIPLE-CHOICE (20 items – 20 points) 18. b) Many alternative products available
1. c) Organizational Culture 19. a) Offering unique products with high
2. b) New government incentives for quality and branding
renewable energy 20. b) A sustainable competitive
3. c) Social advantage
4. c) SWOT Analysis
21.

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