SPACE matrix stands for:

• A) Strategic position and action evaluation matrix
• B) Strategic power and commerce evaluation matrix
• C) Strategy performance and activity evaluation matrix
• D) Strategy position and competitiveness evaluation matrix

“Substantial changes to the range of offerings or the markets served or both” is referred as:

• A) Brand extension
• B) Diversification
• C) Differentiation
• D) Relocation

The benefits of horizontal integration include all of the following EXCEPT:

• A) Reduction in competition
• B) Diseconomies of scale
• C) Synergy
• D) Cost reduction

If “Savour Foods”, a popular food chain in Islamabad/Rawalpindi acquires its supplier of rice, then it is applying which strategy?

• A) Forward Integration
• B) Divestiture
• C) Backward Integration
• D) Liquidation

Which approach for managing and resolving conflict involves physical separating the conflicting individuals?

• A) Confrontation
• B) Avoidance
• C) Diffusion
• D) Compliance

All of the following would be considered as opportunities for a business, EXCEPT:

• A) Emergence of substitute products
• B) Emergence of unfulfilled customer need
• C) Loosening of regulations
• D) Removal of international trade barriers

If market shares of competitors are declining whereas total industry sales are increasing, which strategy do you think may be the right one to pursue?

• A) Divestiture
• B) Retrenchment
• C) Market Penetration
• D) Market Development

Stage-2 (Matching stage) in a comprehensive strategy formulation framework includes all of the following matrix EXCEPT:

• A) IFE
• B) GS Matrix
• C) IE Matrix
• D) BCG Matrix

Stage-1 (Input Stage) in a comprehensive strategy formulation framework includes all of the following matrix EXCEPT:

• A) Internal factor evaluation
• B) TWOS matrix
• C) External factor evaluation
• D) Competitive matrix profile

Which of the following are two positive-rated dimensions on SPACE Matrix?

• A) CA and ES
• B) FS and CA
• C) IS and ES
• D) FS and IS

Which stage of the strategy-formulation framework consists of the Quantitative Strategic Planning Matrix?

• A) Formulation framework
• B) Decision stage
• C) Matching stage
• D) All of the given options

Which of the following is an example of Intensive strategies?

• A) Conglomerate strategy
• B) Retrenchment
• C) Market penetration
• D) Forward integration

Concentric, horizontal, and conglomerate are the types of which strategy?

• A) Diversification strategies
• B) Defensive strategies
• C) Growth strategies
• D) Intensive strategies

“It gives you a systematic approach for evaluating alternate strategies, and helps you decide which strategy is best suited to your organization.” The statement is true for which of the following matrix?

• A) QSPM
• B) BCG Matrix
• C) TOWS Matrix
• D) SPACE Matrix

What kind of strategy retrenchment is?

• A) An integration strategy
• B) An expansion strategy
• C) A reorganization strategy
• D) A diversification strategy

Which strategy should an organization use if it competes in a no-growth or a slow-growth industry?

• A) Related diversification
• B) Unrelated diversification
• C) Backward integration
• D) Retrenchment

Identify the type of strategy that focuses in seeking ownership or increased control of a firm’s suppliers.

• A) Backward integration
• B) Market penetration
• C) Horizontal integration
• D) Forward integration

Which of the following is a suitable strategy for an organization with excess production capacity and underutilized channels of distribution?

• A) Retrenchment
• B) Product development
• C) Market development
• D) Forward integration

Which one of the following is NOT a SMART criterion?

• A) Measurable
• B) Achievable
• C) Strategy
• D) Relevant

Which strategy is appropriate when an organization competes in an industry characterized by rapid technological developments?

• A) Retrenchment
• B) Market penetration
• C) Liquidation
• D) Product development