BUSINESS STRATEGY EXAM QUESTIONS
WITH 100% CORRECT ANSWERS!!
How might a strategy team best gauge and compare the interests of key and most
important peripheral stakeholders?
a) analyze data in an impact matrix
b) survey the firm's externalities
c) shift the firm valuable competitive position
d) create a stakeholder matrix
d) create a stakeholder matrix
Why do strategies focus on creating a valuable competitive position?
a) to provide investors a clear view of the organisation's plans and commitments
b) to provide the best value proposition
c) to create value for all stakeholders
d) to generate value for its capital investors
b) to provide the best value proposition
A company firmly believes that customer is the key variable that management should
improve and protect. Why might this be a weak stakeholder strategy?
a) this strategy optimizes stakeholders needs
b) this strategy favours prioritizations of stakeholders needs
c) this strategy maximizes profits
d) this strategy aligns stakeholder needs
b) this strategy favours prioritizations of stakeholders needs
Why do strategists focus on creating a valuable competitive position?
a) to create value for all stakeholders
,b) to generate value for its capital investors
c) to provide investors a clear view of the organization's plans and commitments
d) to provide the best value proposition to customers
d) to provide the best value proposition to customers
Now do the four scenarious compare to one another in the scenatio planning quadrant
below?
a) The quadrants ideally should be mutually exclusive
b) Outcomes should be the same across all quadrants
c) Trends should be reflected in the vertical axis
d) The uncertainties represented in the matrix are the same in all quadrants
a) The quadrants ideally should be mutually exclusive
How do analysis make decisions about what type of research sources to use?
a) Through analysis research must include all possible sources, no matter the case
b) Make a first of all possible research sources and calculate the amount of time needed to
check each one
c) Balance data needs and consider marginal values
d) The most successful strategic analysis includes the largest number of research sources
c) Balance data needs and consider marginal values
Before analysing and recommending strategic actions, analysts must ask a series of
questions, if a strategic analysis plans includes the tools listed below, what critical question
won't be adressed?
Stakeholder analysis - Competitive analysis - Environmental analysis - Five forces analysis
- CLC analysis
a) Are there firm's capabilities aligned with it's aspired positions?
b) What do others expect of the firm?
, c) Who are the market players?
d) What are the firm's strengths and weaknesses?
a) Are there firm's capabilities aligned with it's aspired positions?
What is the substitute for Burger King?
a) McDonald's
b) Cooking at home
c) Hot Dog vendor
d) KFC
b) Cooking at home
A strategist is analysing an organization. Which of these tools will most likely help her
understand the firm's mission and values?
a) A strategic map to determine positioning
b) A capabilities analysis to better understand the sustainability of firm's assets
c) A competitive life cycle analysis to estimate when a new strategy might emerge in the
industry
d) A stakeholder analysis to better inderstand what is expected of the firm
d) A stakeholder analysis to better understand what is expected of the firm
What should be a strategic analyst's overall goal when using a SWOT analysis?
a) To understand and characterize firm's competitive environment
b) To determine how to compete in multiple markets
c) To assess a firm's capabilities
d) To classify opportunities and threats
d) To classify opportunities and threats
How can a valuable competitive position be achieved?
WITH 100% CORRECT ANSWERS!!
How might a strategy team best gauge and compare the interests of key and most
important peripheral stakeholders?
a) analyze data in an impact matrix
b) survey the firm's externalities
c) shift the firm valuable competitive position
d) create a stakeholder matrix
d) create a stakeholder matrix
Why do strategies focus on creating a valuable competitive position?
a) to provide investors a clear view of the organisation's plans and commitments
b) to provide the best value proposition
c) to create value for all stakeholders
d) to generate value for its capital investors
b) to provide the best value proposition
A company firmly believes that customer is the key variable that management should
improve and protect. Why might this be a weak stakeholder strategy?
a) this strategy optimizes stakeholders needs
b) this strategy favours prioritizations of stakeholders needs
c) this strategy maximizes profits
d) this strategy aligns stakeholder needs
b) this strategy favours prioritizations of stakeholders needs
Why do strategists focus on creating a valuable competitive position?
a) to create value for all stakeholders
,b) to generate value for its capital investors
c) to provide investors a clear view of the organization's plans and commitments
d) to provide the best value proposition to customers
d) to provide the best value proposition to customers
Now do the four scenarious compare to one another in the scenatio planning quadrant
below?
a) The quadrants ideally should be mutually exclusive
b) Outcomes should be the same across all quadrants
c) Trends should be reflected in the vertical axis
d) The uncertainties represented in the matrix are the same in all quadrants
a) The quadrants ideally should be mutually exclusive
How do analysis make decisions about what type of research sources to use?
a) Through analysis research must include all possible sources, no matter the case
b) Make a first of all possible research sources and calculate the amount of time needed to
check each one
c) Balance data needs and consider marginal values
d) The most successful strategic analysis includes the largest number of research sources
c) Balance data needs and consider marginal values
Before analysing and recommending strategic actions, analysts must ask a series of
questions, if a strategic analysis plans includes the tools listed below, what critical question
won't be adressed?
Stakeholder analysis - Competitive analysis - Environmental analysis - Five forces analysis
- CLC analysis
a) Are there firm's capabilities aligned with it's aspired positions?
b) What do others expect of the firm?
, c) Who are the market players?
d) What are the firm's strengths and weaknesses?
a) Are there firm's capabilities aligned with it's aspired positions?
What is the substitute for Burger King?
a) McDonald's
b) Cooking at home
c) Hot Dog vendor
d) KFC
b) Cooking at home
A strategist is analysing an organization. Which of these tools will most likely help her
understand the firm's mission and values?
a) A strategic map to determine positioning
b) A capabilities analysis to better understand the sustainability of firm's assets
c) A competitive life cycle analysis to estimate when a new strategy might emerge in the
industry
d) A stakeholder analysis to better inderstand what is expected of the firm
d) A stakeholder analysis to better understand what is expected of the firm
What should be a strategic analyst's overall goal when using a SWOT analysis?
a) To understand and characterize firm's competitive environment
b) To determine how to compete in multiple markets
c) To assess a firm's capabilities
d) To classify opportunities and threats
d) To classify opportunities and threats
How can a valuable competitive position be achieved?
