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

Which one of the following is not included in defensive strategy?

• A) Joint venture
• B) Divestiture
• C) Retrenchment
• D) Liquidation

Which of the followings best describes the Horizontal integration?

• A) A firm takes over a supplier
• B) A firm takes over a distributor
• C) A firm takes over a manufacturer
• D) A firm takes over a competitor

A strategy aimed at producing products and services considered unique industry-wide and directed at consumers who are relatively price-insensitive is known as?

• A) Focus
• B) None of the given options
• C) Differentiation
• D) Cost leadership

Seeking ownership or increased control over competitors is known as?

• A) Vertical integration
• B) None of the given options
• C) Horizontal integration
• D) Diversification

On the y-axis of the IE Matrix, an EFE total weighted score of a firm is 3.7 represents that firm has:

• A) A strong external position
• B) A weak internal position
• C) A weak external position
• D) A strong internal position

Which of the following statement is TRUE about the establishment of objectives?

• A) It is a Top-management activity
• B) It is a Centralized activity
• C) It is a Decentralized activity
• D) It is a Lower-management activity

Which one of the following is NOT included in Michael Porter's generic strategies?

• A) Differentiation
• B) Focus
• C) Cost leadership
• D) Diversification

Which one of the following strategy must obey the given guidelines like “products in the maturity stage of the life cycle and compete in the high-growth industry”?

• A) Market penetration
• B) None of the given options
• C) Product development
• D) Market development

On the x-axis of the IE Matrix, an IFE total weighted score of a firm is 1.5 represents that firm has:

• A) A weak internal position
• B) A strong external position
• C) A weak external position
• D) A strong internal position

A firm should practice Joint Venture strategy in which of the following cases?

• A) When the SPACE matrix vector lies in defensive quadrant
• B) When the SPACE matrix vector lies in aggressive quadrant
• C) When the SPACE matrix vector lies in competitive quadrant
• D) When the SPACE matrix vector lies in conservative quadrant

Which analytical tool consists of a nine-cell matrix?

• A) Internal-External Matrix
• B) Grand Strategy Matrix
• C) Competitive Profile Matrix
• D) SPACE Matrix

Identify the number of quadrants in grand strategy matrix (comprehensive strategy formulation framework)?

• A) 4
• B) 3
• C) 1
• D) 2

Today, firms are establishing their web sites to directly sell products to consumers to increase their number of manufacturers (suppliers). It is an example of which one of the following type of strategy?

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

Which one of the following is NOT considered as an intensive strategy?

• A) Product development
• B) Cost leadership
• C) Market penetration
• D) Market development

Which of the following is not considered an intensive strategy?

• A) Market penetration
• B) Integration
• C) Market development
• D) Product development