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Central State University | BUS 4795: Mid-Term Exam – Strategic Management & Policy – Evaluating Strategic Foundations

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2025/2026 Written for academic year
Institution Central State University
Course BUS 4795
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The mid-term exam for BUS 4795 assesses my comprehension of foundational strategic management concepts. I am applying frameworks such as internal and external environmental analysis, Porter’s Five Forces, SWOT analysis, and business-level strategy to evaluate organizational positioning and competitive advantage. This examination reinforces the critical thinking skills necessary to diagnose strategic challenges and formulate coherent recommendations at the enterprise level.

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Central State University




Midterm Exam Strategic Management & Policy




Course: BUS 4795

,Mid-Term Exam BUS 4795 172-A%

Question 1 (5 points)
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Trade secrets are legendary in the soft drink world. Which is actually
the original secret soft drink?
Question 1 options:
Coke
Dr. Pepper
Rootbeer
Pepsi
Question 2 (5 points)
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Strategies that involve targeting a relatively narrow niche of potential
customers are what type of strategies?
Question 2 options:
direct strategies
focus strategies
indirect strategies
unconventional strategies
Question 3 (5 points)
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The presence of a cost leader in an industry tends to encourage new
companies to enter the business.
Question 3 options:

, True
False
Question 4 (5 points)
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Although examining a company's awareness, motivation, and capability
is important, the results of a series of moves and countermoves are
often difficult to predict, and miscalculations can be costly.
Question 4 options:
True
False
Question 5 (5 points)
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Beyond being a positive social change, the widespread acceptance
of who into the workforce has created important opportunities for
certain organizations?
Question 5 options:
baby boomers
women
teenagers
men
Question 6 (5 points)
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According to Porter, how many competitive dimensions are the keys to
business-level strategy?
Question 6 options:
4

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