C483 - Principles of Management Preparation
Questions with 100% Correct Answers
Industry and market analysis, competitor analysis, and social analysis are examples of
which step in the strategic planning process?
Choose 1 answer
Analysis of mission, vision, and goals
Analysis of management implementation
Analysis of external opportunities and threats
Analysis of internal strengths and weaknesses
Analysis of external opportunities and threats
Skilled management, positive cash flow, and well-known brands are examples of which
component of the SWOT analysis?
Threats
Strengths
Weaknesses
Opportunities
,Strengths
What denotes skills or expertise in an activity that constitutes the roots of competitiveness
in an organization?
Choose 1 answer
Strategic values
Core competencies
Products and services
Opportunities and threats
Core competencies
A company offers unique products in its industry to create a competitive advantage.
Which type of strategy is the company using?
Choose 1 answer
Valorization
Differentiation
Customization
Standardization
Differentiation
, According to Michael Porter's competitive environment model, how can suppliers influence
strategic planning?
Choose 1 answer
Suppliers can reduce the threat from substitute products.
Suppliers can reduce the numbers of new entrants in the market.
Suppliers can reduce manufacturing time and increase product quality.
Supplier can reduce technological, demographic, and legal threats in the environment.
Suppliers can reduce manufacturing time and increase product quality.
Happy Inc. is a leading provider of family entertainment and BCD is a broadcasting
company with news, cable, and entertainment networks. Happy Inc. recently acquired
BCD in hopes of boosting its primary business of family entertainment.
Which type of corporate strategy is represented by Happy Inc.'s purchase of their
distribution network?
Choose 1 answer
Vertical integration
Questions with 100% Correct Answers
Industry and market analysis, competitor analysis, and social analysis are examples of
which step in the strategic planning process?
Choose 1 answer
Analysis of mission, vision, and goals
Analysis of management implementation
Analysis of external opportunities and threats
Analysis of internal strengths and weaknesses
Analysis of external opportunities and threats
Skilled management, positive cash flow, and well-known brands are examples of which
component of the SWOT analysis?
Threats
Strengths
Weaknesses
Opportunities
,Strengths
What denotes skills or expertise in an activity that constitutes the roots of competitiveness
in an organization?
Choose 1 answer
Strategic values
Core competencies
Products and services
Opportunities and threats
Core competencies
A company offers unique products in its industry to create a competitive advantage.
Which type of strategy is the company using?
Choose 1 answer
Valorization
Differentiation
Customization
Standardization
Differentiation
, According to Michael Porter's competitive environment model, how can suppliers influence
strategic planning?
Choose 1 answer
Suppliers can reduce the threat from substitute products.
Suppliers can reduce the numbers of new entrants in the market.
Suppliers can reduce manufacturing time and increase product quality.
Supplier can reduce technological, demographic, and legal threats in the environment.
Suppliers can reduce manufacturing time and increase product quality.
Happy Inc. is a leading provider of family entertainment and BCD is a broadcasting
company with news, cable, and entertainment networks. Happy Inc. recently acquired
BCD in hopes of boosting its primary business of family entertainment.
Which type of corporate strategy is represented by Happy Inc.'s purchase of their
distribution network?
Choose 1 answer
Vertical integration
