Developing a __________ is like having a dream to be covered into reality in future
A. Mission
B. Objectives
C. Goals
D. Vision
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Which of the following is not a key theme in market development?
A. Identifying new uses for existing products and services
B. Strategic positioning
C. Developing new products for new markets and segments
D. Identifying new markets and segments
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First step in developing a vision statement is
A. Targeting the vision
B. Developing future scenarios
C. Setting vision context
D. Conducting vision audit
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___________arises when a firm is able to perform an activity that is distinct from competitors
A. competitive advantage
B. focus
C. cost leadership
D. logic
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Sound strategic choices will always address four issues. Which of the following is one of those reasons?
A. Availablility of resources
B. Strategic thinking
C. Strategic fit
D. Financial returns
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SBU stands for
A. satisfied business unit
B. stratified business unit
C. strategic building unit
D. strategic business unit
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The word strategy originated from ___________
A. stratagos'
B. stratum
C. statistics
D. straight
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Which of the following is a consideration when assessing the appropriateness of a strategy?
A. Synergy
B. Stakeholders
C. Competitive advantage
D. Resources
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ETOP stands for___________
A. Environmental threat and opportunity profile
B. Economic threat and Opportunity profile
C. Enhanced technology and opportunity profile
D. none of these
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Which of the following is a consideration when assessing the feasibility of a strategy?
A. Timing
B. Planning gap
C. Synergy
D. Culture
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Firms that practice unrelated mergers___________
A. conglomerate
B. hostile
C. friendly
D. retrenchment
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Swot Analysis is done to know the
A. strengths
B. Threats and strengths
C. Weaknesses and opportunities
D. Threats, strengths Weaknesses and opportunities
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A company specializing in producing mass market cars acquires a company which specializes in financial services. The new company can now offer financial services to its car purchasers. What form of diversification is this?
A. Resource-based
B. Unrelated
C. Routine-based
D. Replication-based
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Which of these is not a factor causing weak synergy?
A. Underestimated weaknesses
B. Competitor activity
C. Premium paid
D. Making too many resources available to the integration program
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Which of these is not one of Drucker's (1982) five rules for successful acquisitions?. Determine the exact contribution the organization can make to the acquiring company.
A. Value the people of the acquired company
B. Within a year, promote managers across company boundaries
C. Value the products, services and customers of the acquired company
D. Value the products of the acquired company
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Many merger discussions breakdown or are abandoned. Which of these is not a reason why?
A. Egos can get in the way
B. Reluctance to accept which will become number two
C. The bid is deemed hostile leading to aggressive defense
D. Inadequate consultation with shareholders who then intervene
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Research into diversification and acquisition can be divided into 4 schools. Which of the following is not one of the schools?
A. Environmental
B. Financial
C. Accounting
D. Economic
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If a business is blinkered, technology shy, and 'impoverished', what does this signal?
A. A weak strategic plan
B. A planning gap
C. A lack of innovation and vision
D. Weak strategic leadership
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When a company is experiencing an economic recession this is a good time to do what?
A. Reduce costs and assets
B. Refocus
C. Simplify
D. Invest
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Turnaround strategies involve changes at what level of strategy?
A. Corporate
B. Functional
C. Competitive
D. All levels
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