Multiple Choice Question Test Bank
3.7 ANALYSING THE STRATEGIC POSITION OF A
BUSINESS
MCQ Test 1
This MCQ test contains 20 questions covering the specification
content for 3.7 Analysing the Strategic Position of a Business
The questions are drawn from the full teaching content of this section of the
specification.
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3.7 ANALYSING THE STRATEGIC POSITION OF A BUSINESS MCQ TEST 1
Instructions:
• There are 20 questions in this test
• Your teacher will determine how long you have to complete this test and under what
conditions
• Only one answer per question is allowed.
• For each answer completely fill in the circle alongside the appropriate answer.
• If you want to change your answer you must cross out your original answer.
• If you wish to return to an answer previously crossed out, ring the answer you now wish to
select.
0 1 Possible evidence of a short-termist approach by a publicly-quoted business would be:
A Emphasis on long-term investment returns
B A refusal to undertake takeovers as a method of growth
C High dividend payments rather than reinvesting profits
D Focus on CSR as a business objective rather than profit maximisation
1 mark
0 2 Which of the following would be an internal influence on the corporate objectives of a
multinational car manufacturer?
A The rate of economic growth in key developed economies
B The exchange rates in countries in which the business operates
C The financial strength of the business
D The rate of economic growth in emerging economies
1 mark
0 3 Corporate objectives are often said to be most effective when they are “SMART”. What
does the “A” stand for in the acronym SMART?
A Achievable
B Accurate
C Artificial
D Answerable
1 mark