team 13

1. Which of the following is a Porter's Generic Strategy?

• Growth Strategy

• Stability Strategy

• Cost Leadership  

• Retrenchment Strategy

What is the primary goal of a Cost Leadership Strategy?

• To offer unique products at premium prices

• To be the lowest-cost producer in the industry  

• To target a niche market with differentiated products

• To integrate cost leadership with differentiation

Which company is an example of Cost Leadership Strategy?

• Apple

• Rolex

• Walmart  

• Tesla

1. What does the Differentiation Strategy involve?

• 1. Offering products at the lowest prices

• 1. Making your product or service distinct from others  

• Targeting a specific market segment with low-cost products

• 1. Focusing on operational efficiency

1. Which company uses an Integrated Strategy?

• Apple

• IKEA

• Southwest Airlines  

• Tesla

1. What is the first step in the Strategic Analysis & Choice Process?

• Corporate-Level Strategies

• Environmental Analysis  

• 1. Business-Level Strategies

• SWOT Analysis

1. Which company is an example of using a Growth Strategy?

• Coca-Cola

• General Motors

• Amazon  

• Disney

1. What do Economic Factors include?

• 1. Market trends and growth potential

• 1. Government policies and trade regulations

• 1. Technological trends

• Interest rates and purchasing power  

• Which of the following is a level of strategy?

• Individual-level strategy

• Team-level strategy

• Corporate-level strategy  

1. Which strategy involves targeting a specific market segment by offering the lowest possible costs?

• Differentiation Strategy

• Cost Leadership Strategy

• Focused Low-Cost Leadership Strategy  

• 1. Integrated Strategy