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MGT 6655 FINAL REVIEW SCRIPT 2026 TESTED QUESTIONS CORRECT RESPONSES

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MGT 6655 FINAL REVIEW SCRIPT 2026 TESTED QUESTIONS CORRECT RESPONSES

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MGT 8803 - BUSINESS STRATEGY FINAL TEST 2026
QUESTIONS WITH CORRECT ANSWERS GRADED A+


● Business Model Canvas. Answer: Visual business design

● Value Proposition. Answer: Customer benefit offering

● Customer Segments. Answer: Target groups

● Channels. Answer: Distribution methods

● Customer Relationships. Answer: Interaction approach

● Revenue Streams. Answer: Income sources

● Key Resources. Answer: Essential assets

● Key Activities. Answer: Critical operations

● Key Partnerships. Answer: Strategic alliances

● Cost Structure. Answer: Expense framework

● Growth Strategies. Answer: Expansion approaches

● Market Penetration. Answer: Existing market growth

● Market Development. Answer: New market entry

● Product Development. Answer: New product creation

● Diversification. Answer: New products and markets

● Related Diversification. Answer: Similar business expansion

● Unrelated Diversification. Answer: Different business expansion

● Horizontal Integration. Answer: Same level acquisition

● Vertical Integration. Answer: Supply chain acquisition

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