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Exam (elaborations)

SMPS CPSM – DOMAIN 2 MULTIPLE CHOICE QUESTIONS WITH ANSWERS

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SMPS CPSM – DOMAIN 2 MULTIPLE CHOICE QUESTIONS WITH ANSWERS....

Institution
SMPS CPSM – DOMAIN 2
Course
SMPS CPSM – DOMAIN 2

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SMPS CPSM – DOMAIN 2 MULTIPLE CHOICE
QUESTIONS WITH ANSWERS


b - ANSWER What type of research is conducted without a hypothesis and
before any activity?
a) Action-Confirming Research
b) Action-Driving Research
c) Action-Seeking Research
d) Proactive Research


a - ANSWER Which of the following best defines Contemporary Data:
a) Information that is still timely and useful
b) Information that concerns the competition
c) Information about other companies in your level
d) Information that will probably always be valid


c - ANSWER What does Porter's Five Forces Model describe?
a) Elements required in a usful 3D building model
b) Internal factors that define a firm's capability to win work
c) Forces external to a firm that define the markets where the firm hopes to
work
d) Multistep strategy execution process
d - ANSWER Which forecast projects the long-range?
a) Business Development Forecast
b) Mission Statement Forecast

, c) Business Forecast
d) Strategic Market Forecast


a - ANSWER Which of the following is not an alternative to a SWOT
analysis?
a) SOAR Framework
b) PESTLE/EPISTLE
c) Porter's Five Forces Model
d) Levitt's Four Phases


a - ANSWER The strategic plan should be updated:
a) Annually
b) Quarterly
c) Every 5 years
d) Only after a change in firm leadership


c - ANSWER Scenario thinking allows you to explore:
a) Marketing approaches
b) Potential joint venture or design-build partners
c) Uncertainties and market forces
d) New markets and geographic locations


b - ANSWER The final stage of the strategic planning process involves:
a) Communicating the plan externally
b) Evaluation and results
c) Implementation

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Institution
SMPS CPSM – DOMAIN 2
Course
SMPS CPSM – DOMAIN 2

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Uploaded on
January 30, 2025
Number of pages
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Written in
2024/2025
Type
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Questions & answers

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