Business Strategy Quiz

Business Strategy Quiz

University

10 Qs

quiz-placeholder

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Business Strategy Quiz

Business Strategy Quiz

Assessment

Quiz

Business

University

Medium

Created by

Swati Chattopadhyay

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the aims of the Business Strategy lesson?

To learn about financial accounting

To understand marketing strategies

To learn about Competitive Advantage

To study human resources management

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an example of an economic factor in PESTLE analysis?

A recession reducing consumer spending

Brexit impacting supply chains

Aging populations affecting healthcare demand

New data protection laws

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an example of an environmental factor in PESTLE analysis?

Companies adopting eco-friendly practices

The rise of AI and automation

A recession reducing consumer spending

New data protection laws

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a factor in the PESTEL analysis?

Political

Economic

Technological

Financial

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the 'P' in PESTEL stand for?

Product

Political

Performance

Profit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the 'E' in PESTEL stand for?

Economic

Environmental

Ethical

Educational

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the Threat of New Entrants refer to in Porter's Five Forces model?

The power of suppliers to influence prices

The possibility of new competitors entering the market

The power of customers to drive prices down

The level of competition among existing firms

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