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Exam (elaborations) Strategic Management MG4037 Contemporary Strategy Analysis $10.18   Add to cart

Exam (elaborations)

Exam (elaborations) Strategic Management MG4037 Contemporary Strategy Analysis

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Exam study book Contemporary Strategy Analysis 9e Text Only of Robert M. Grant - ISBN: 9781119120834 (MCQ Chapter 1)

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  • June 1, 2021
  • 7
  • 2020/2021
  • Exam (elaborations)
  • Questions & answers
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Chapter 1
Michael Porter (1980, 1985) suggested that factors such as initial capital
requirements, the threat of price-cutting by established firms and the level of
product differentiation represent ______ for new-firm entrants into markets.


Barriers
to entry


opportunities


market ideas


Threats

Business unit strategy ______.

Choose one

considers how to compete in a particular industry


considers how parts of the overall organization can compete


considers what industries and activities the firm should be engaged in


considers what products to produce


Strategists refer to ______ as factors shaping ______ for the organization’s goods
organization operates.

Choose one

, properties/demand


demand drivers/demand


technology drivers/goals


properties/objectives


what do we call firms that invest in a variety of different product markets to reduce

Choose one

investment firms


diversified firms


monopolies


oligopolies




1. The primary purpose of strategy is:
A. To maximise shareholder value
B. To achieve success
C. To create value for all stakeholders
D. To be responsible corporate citizen
2. TThe success careers of both Queen Elizabeth to and Lady Gaga must be
attributed to the fact that both:

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