CM 4223 Module 1 Quiz (AEA): Questions & Answers: Latest Updated Solution

CM 4223 Module 1 Quiz (AEA)
Points 14.00/15.00
Grade 93.33 out of 100.00


Question 1
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Generally, external opportunities and threats are:




Question 1Select one: A.
key functions in strategy exploitation
B.
key functions in strategy implementation
C.
not worth monitoring and evaluating
D.
unable to have a significant impact on an organization E.



uncontrollable by a single organization

Question 2
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The goal of Strategic Management is to:

Question 2Select one: A.
eliminate competitive advantage
B.
eliminate and abolish competitive advantage
C.
maintain competitive advantage D.




achieve and maintain competitive advantage
E.
achieve competitive advantage
Question 3
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, The Internet has transferred power from ________ to ________.

Question 3Select one: A.
individuals; governments


B. governments;
businesses
C.
individuals; businesses
D.
businesses; governments E.


businesses; individuals

Question 4
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Long-term objectives should be all of the following EXCEPT

Question 4Select one:
A. reasonable
B.
consistent
C. measurable
D.
challenging E.




continually changing

Question 5
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The fact that Apple has no manufacturing facilities of its own

Question 5Select one: A.
illustrates that having more fixed assets than rival firms can provide major competitive advantages in a global recession. B.


.
has enabled it to remain financially lean
C.
has caused it to build up massive debt on its balance sheet. D.
has been problematic for Apple in terms of debt. E.
means that it is in the same position as Sony.


Question 6
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