What is strategic competitiveness?

Strategic Management Worksheet

Quiz
•
Other
•
University
•
Hard
Shingirayi Mushonga
FREE Resource
50 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Making short-term profits
Formulating quick business plans
Achieving success when a firm develops and implements a value-creating strategy
Setting annual sales targets
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The ability to achieve competitive advantage is based on:
Lucky market conditions
Effective use of resources and capabilities
Government subsidies
High employee turnover
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT part of the strategic management process?
Strategy analysis
Strategy formulation
Strategy implementation
Daily operations
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Globalization primarily affects:
Local demand
Regional economies only
Flow of goods, services, and knowledge
Hiring local workers only
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an intangible resource?
Patents
Land
Machinery
Raw materials
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The I/O model of above-average returns focuses on:
Internal resources only
External environment
Leadership styles
Employee satisfaction
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Resource-Based Model suggests:
Industry structure is more important than resources
Resources and capabilities are central to strategic success
External factors solely determine profitability
Strategic groups lead market decisions
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