NAME

Question types


Start with


Question limit

of 45 available terms

Advertisement Upgrade to remove ads
Print test

5 Written questions

5 Matching questions

  1. Retrenchment strategy
  2. Question mark
  3. WHAT are the three steps to create strategies that produce sustainable competitive advantage?
  4. Competitive Aggressiveness
  5. Core firms
  1. a strategy that focuses on turning around very poor company performance by shrinking the size or scope of the business
  2. b a company with a small share of a fast-growing market
  3. c the central companies in a strategic group.
  4. d assess the need for strategic change, conduct a situational analysis, and choose strategic alternatives.
  5. e entrepreneurial firms must be more willing to use unconventional strategies than the firms already existing in a new market space in order to gain an advantage.

5 Multiple choice questions

  1. a resource, without equivalent substitutes or replacements, that produces value or competitive advantage
  2. entrepreneurship within an existing organization
  3. the degree to which two companies have overlapping products, services, or customers in multiple markets
  4. a company with a large share of a fast-growing market
  5. entrepreneurial firms are willing to take risks that could result in costly failures.

5 True/False questions

  1. Proactivenessthe assets, capabilities, processes, information, and knowledge that an organization uses to improve its effectiveness and efficiency, to create and sustain competitive advantage, and to fulfill a need or solve a problem

          

  2. Corporate-level strategythe overall organizational strategy that addresses the question "What business or businesses are we in or should we be in?"

          

  3. There are three types of grand strategies.
    Name them.
    growth, stability, and retrenchment

          

  4. Direct competitionthe degree to which two companies have overlapping products, services, or customers in multiple markets

          

  5. Valuable resourcea resource that allows companies to improve efficiency and effectiveness.

          

Create Set