True or False Quiz on Business Strategy

True or False Quiz on Business Strategy

University

99 Qs

quiz-placeholder

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True or False Quiz on Business Strategy

True or False Quiz on Business Strategy

Assessment

Quiz

English

University

Easy

Created by

Duy Kiều

Used 1+ times

FREE Resource

99 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

The four components for a successful acquisition are target identification and screening, bidding strategy, integration, and learning from the experience.

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

Customer needs are desires, wants, or cravings satisfied by means of the characteristics of a product.

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

Horizontal integration is the process of acquiring or merging with industry competitors in an effort to achieve the competitive advantages that come with large size or scale.

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

Organizational design is the process through which managers select the combination of organizational structure and control systems that they believe will enable the company to create and sustain a competitive advantage.

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

Companies that pursue an international strategy focus on increasing profitability by reaping the cost reductions that come from economies of scale and location economies.

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OFF

6.

OPEN ENDED QUESTION

3 mins • 1 pt

Typically firms have a substantial ability to control trends in its general environment if it is able to correctly predict them.

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OFF

7.

OPEN ENDED QUESTION

3 mins • 1 pt

Highlands Coffee Company has decided to enter the coffee machine manufacturing business for a six-month trial run. They are likely to have higher unit costs of manufacturing than the other established competitors in this industry.

Evaluate responses using AI:

OFF

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