BUSI 400
Strategic Planning/Business Policy
Finals Exam (Qns & Ans)
2025
General Instructions
1. Read All Questions Carefully: Make sure you understand each question.
2. Time Management: You have a specific amount of time to complete the exam.
Keep an eye on the clock and pace yourself.
3. Allowed Materials: Only use materials that are explicitly allowed. Unauthorized
materials can lead to disqualification.
4. ANS Format: Follow the required format for your ANS. For example, multiple-
choice questions might need you to select the best ANS, while essay questions
require detailed responses.
5. Academic Integrity: Adhere to the university's honor code. Any form of cheating or
plagiarism is strictly prohibited.
6. Technical Requirements: Ensure your computer and internet connection are
stable. For online exams, you might need a webcam and microphone for proctoring
purposes.
7. Submission: Submit your ANS before the time expires. Late submissions might
not be accepted.
©2024/2025
,1. Which of the following is NOT a part of SWOT analysis?
a) Strengths
b) Weaknesses
c) Operations
d) Threats
Correct ANS: c) Operations
Rationale: SWOT analysis consists of Strengths,
Weaknesses, Opportunities, and Threats, but does not include
Operations.
2. In strategic management, what does the acronym PESTLE
stand for?
a) Political, Economic, Social, Technological, Legal,
Environmental
b) Product, Evaluation, Strategy, Timing, Logistics,
Engagement
c) Planning, Execution, Strategy, Teamwork, Leadership,
Evaluation
d) None of the above
Correct ANS: a) Political, Economic, Social, Technological,
Legal, Environmental
©2024/2025
, Rationale: PESTLE analysis examines macro-
environmental factors influencing an organization.
3. What is a "differentiation strategy"?
a) A pricing strategy aimed at reducing costs
b) A strategy that focuses on developing unique products or
services
c) A method of acquiring competitors
d) A strategy aimed at mimicking competitors
Correct ANS: b) A strategy that focuses on developing
unique products or services
Rationale: Differentiation strategy aims to provide
products or services that offer unique attributes valued by
customers.
4. Which of the following best describes the concept of 'core
competencies'?
a) Basic skills necessary for employees to perform tasks
b) Unique strengths of a firm that provide competitive
advantages
c) Standardized practices across an industry
d) Profit-generating activities within a business
©2024/2025
Strategic Planning/Business Policy
Finals Exam (Qns & Ans)
2025
General Instructions
1. Read All Questions Carefully: Make sure you understand each question.
2. Time Management: You have a specific amount of time to complete the exam.
Keep an eye on the clock and pace yourself.
3. Allowed Materials: Only use materials that are explicitly allowed. Unauthorized
materials can lead to disqualification.
4. ANS Format: Follow the required format for your ANS. For example, multiple-
choice questions might need you to select the best ANS, while essay questions
require detailed responses.
5. Academic Integrity: Adhere to the university's honor code. Any form of cheating or
plagiarism is strictly prohibited.
6. Technical Requirements: Ensure your computer and internet connection are
stable. For online exams, you might need a webcam and microphone for proctoring
purposes.
7. Submission: Submit your ANS before the time expires. Late submissions might
not be accepted.
©2024/2025
,1. Which of the following is NOT a part of SWOT analysis?
a) Strengths
b) Weaknesses
c) Operations
d) Threats
Correct ANS: c) Operations
Rationale: SWOT analysis consists of Strengths,
Weaknesses, Opportunities, and Threats, but does not include
Operations.
2. In strategic management, what does the acronym PESTLE
stand for?
a) Political, Economic, Social, Technological, Legal,
Environmental
b) Product, Evaluation, Strategy, Timing, Logistics,
Engagement
c) Planning, Execution, Strategy, Teamwork, Leadership,
Evaluation
d) None of the above
Correct ANS: a) Political, Economic, Social, Technological,
Legal, Environmental
©2024/2025
, Rationale: PESTLE analysis examines macro-
environmental factors influencing an organization.
3. What is a "differentiation strategy"?
a) A pricing strategy aimed at reducing costs
b) A strategy that focuses on developing unique products or
services
c) A method of acquiring competitors
d) A strategy aimed at mimicking competitors
Correct ANS: b) A strategy that focuses on developing
unique products or services
Rationale: Differentiation strategy aims to provide
products or services that offer unique attributes valued by
customers.
4. Which of the following best describes the concept of 'core
competencies'?
a) Basic skills necessary for employees to perform tasks
b) Unique strengths of a firm that provide competitive
advantages
c) Standardized practices across an industry
d) Profit-generating activities within a business
©2024/2025
