
IBM_tutorial_4
Quiz
•
Financial Education
•
Professional Development
•
Practice Problem
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Hard
Micheal Johnson
Used 6+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does PESTLE analysis assess?
Internal factors
External factors
Both internal and external factors
Managerial performance
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a component of Porter's Five Forces model?
Threat of new entrants
Threat of government regulation
Bargaining power of suppliers
Industry rivalry
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of business strategy focuses on being the lowest-cost producer in an industry?
Differentiation
Focus
Cost leadership
Stuck in the middle
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary advantage of Management by Objectives (MBO)?
Minimizes employee workload
Enhances employee motivation and communication
Reduces production costs
Increases market share
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following represents a sociocultural force?
Inflation
Population demographics
Technological advancement
Unemployment rates
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following describes a firm using a focus strategy?
Competing across all markets
Targeting a specific niche of the market
Offering the cheapest prices
Offering a wide range of products
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does SWOT analysis stand for?
Strengths, Weaknesses, Opportunities, Threats
Strategy, Weakness, Options, Threats
Structure, Workflows, Opportunities, Techniques
Success, Work, Optimization, Targets
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