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5 Written questions

5 Matching questions

  1. Star
  2. Resource similarity
  3. Dog
  4. Situational Analysis (SWOT)
  5. Question mark
  1. a a company with a small share of a slow-growing market.
  2. b a company with a small share of a fast-growing market
  3. c a company with a large share of a fast-growing market
  4. d the extent to which competitors have similar amounts and kinds of resources.
  5. e : an assessment of the strengths and weaknesses in an organization's internal environment and the opportunities and threats in its external environment.

5 Multiple choice questions

  1. Star, Question mark,Cash cow, and Dog
  2. entrepreneurial firms anticipate future problems, needs, or changes and develop solutions to meet them, even if they are unrelated to their current business.
  3. a company with a large share of a slow-growing market
  4. Situation Analysis
  5. a discrepancy between upper management's intended strategy and the strategy actually implemented by lower levels of management

5 True/False questions

  1. WHAT are the three steps to create strategies that produce sustainable competitive advantage?growth, stability, and retrenchment


  2. Growth strategya strategy that focuses on improving the way in which the company sells the same products or services to the same customers


  3. Unrelated diversificationcreating or acquiring companies that share similar products, manufacturing, marketing, technology, or cultures


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


  5. Related diversificationcreating or acquiring companies in completely unrelated businesses.