Strategic Management - Chapter 3

Strategic Management - Chapter 3

University

20 Qs

quiz-placeholder

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Strategic Management - Chapter 3

Strategic Management - Chapter 3

Assessment

Quiz

World Languages

University

Medium

Created by

Juan Villar

Used 3+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of an external audit in strategic management?

To evaluate employee performance

To identify external opportunities and threats

To determine internal weaknesses

To establish company policies

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which perspective argues that external factors are more important than internal factors in achieving competitive advantage?

Resource-Based View

Human Relations View

Industrial Organization (I/O) View

Stakeholder Theory

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not considered an economic force?

Inflation rates

Income distribution

Interest rates

Brand loyalty

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The aging population, shifting gender roles, and environmental activism are examples of what type of external forces?

Economic Forces

Technological Forces

Social, Cultural, Demographic, and Natural Environmental Forces

Legal Forces

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which external force includes taxation policies and environmental regulations?

Technological

Economic

Political, Governmental, and Legal

Demographic

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which external force is rapid innovation and automation associated with?

Economic

Technological

Political

Legal

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not one of Porter’s Five Forces?

Bargaining power of suppliers

Threat of substitute products

Market share leadership

Rivalry among competing firms

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