1. Read All Questions Carefully: Make sure you understand each question.
2. Time Management: You have a specific amount of time to complete the exam.
Keep an eye on the clock and pace yourself.
3. Allowed Materials: Only use materials that are explicitly allowed. Unauthorized
materials can lead to disqualification.
4. ANS Format: Follow the required format for your ANS. For example, multiple-
choice questions might need you to select the best ANS, while essay questions
require detailed responses.
5. Academic Integrity: Adhere to the university's honor code. Any form of cheating or
plagiarism is strictly prohibited.
6. Technical Requirements: Ensure your computer and internet connection are
stable. For online exams, you might need a webcam and microphone for proctoring
purposes.
7. Submission: Submit your ANS before the time expires. Late submissions might
not be accepted.
,1. Which of the following is a key characteristic of disruptive
innovation?
- A) It focuses on sustaining existing technologies.
- B) It primarily targets high-end consumers.
- C) It initially targets overlooked segments of the market.
- D) It emphasizes incremental improvements.
ANS: C) It initially targets overlooked segments of the
market.
Rationale: Disruptive innovation typically enters the market
by appealing to less demanding consumers or new markets and
eventually displaces established competitors.
2. Strategic thinking often involves which of the following
processes?
- A) Operational planning
- B) Reactive troubleshooting
- C) Long-term visioning
- D) Incremental budgeting
, ANS: C) Long-term visioning.
Rationale: Strategic thinking usually requires envisioning the
future and setting a direction for achieving long-term goals.
3. Which framework is used to analyze a company's internal
strengths and weaknesses, as well as external opportunities and
threats?
- A) PEST analysis
- B) SWOT analysis
- C) Porter’s Five Forces
- D) BCG Matrix
ANS: B) SWOT analysis.
Rationale: SWOT analysis is a strategic planning tool used to
identify internal and external factors that can impact
organizational performance.
4. In the context of a Blue Ocean Strategy, what represents a
blue ocean?
- A) A well-established market
- B) An industry with intense competition
- C) A market space free of competition
ANS: C) A market space free of competition.
Rationale: A blue ocean is an untapped market space that
allows for the creation of a new demand and opportunities for
rapid growth.
5. Which of the following best describes the concept of
"strategic inflection point"?
- A) A critical decision point in financial reporting
- B) A period where organizational growth is flat
- C) A pivotal moment that fundamentally shifts the way a
business operates
- D) A planned deviation from the projected budget
ANS: C) A pivotal moment that fundamentally shifts the way
a business operates.
Rationale: Strategic inflection points are significant changes
in the industry or market environment that require businesses to
make substantial adjustments.
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