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C483 Practice Questions 2025/2026 Exam Questions Marking Scheme New Update | A+ Rated

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C483 Practice Questions 2025/2026 Exam Questions Marking Scheme New Update | A+ Rated 1.)The planning level with the shortest time horizon is known as _____ planning. A)operational B)tactical C)managerial D)developmental E)vertical -

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C483 Practice Questions 2025/2026
Exam Questions Marking Scheme New
Update | A+ Rated



1.)The planning level with the shortest time horizon is known as _____

planning.

A)operational

B)tactical

C)managerial

D)developmental


E)vertical - 🧠 ANSWER ✔✔A.) Operational


2.)The planning process is similar to the _____ process in that both have a

series of steps that are typically repeated in a cycle.

A)strategy-mapping

B)tactical alignment

C)goal-setting



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,D)decision-making


E)environmental analysis - 🧠 ANSWER ✔✔D.) Decision-making


3.)In a SWOT analysis, the absence of reliable suppliers would be

considered as a(n):

A)weakness and a threat.

B)weakness.

C)strength.

D)opportunity.


E)threat. - 🧠 ANSWER ✔✔B.) Weakness


4.)A _____ system is a component of the strategic management process

designed to support managers in evaluating the organization's progress

with its strategy and, when discrepancies exist, taking corrective action.

A)span of control

B)strategic control

C)strategic support

D)dynamic network



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,E)strategic integration - 🧠 ANSWER ✔✔B.) Strategic Control


5.)The strategy an organization uses to build competitive advantage by

being unique in its industry or market segment along one or more

dimensions is known as a(n) _____ strategy.

A)integrated

B)differentiation

C)functional

D)low-cost


E)concentration - 🧠 ANSWER ✔✔B.) Differentiation


6.)Which of the following is one among the six components of the strategic

management process?

A)Skill improvement plan

B)Technology assessment

C)Stakeholder analysis

D)SWOT analysis


E)Stockholder reporting - 🧠 ANSWER ✔✔D.) SWOT Analysis



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PRIVACY STATEMENT. ALL RIGHTS RESERVED

, 7.)Which of the following takes place after a firm formulates its strategy?

A)Establishment of mission, vision, and goals

B)Analysis of external opportunities and threats

C)Strategy implementation

D)Analysis of internal strengths and weaknesses


E)SWOT analysis - 🧠 ANSWER ✔✔C.) Strategy Implementation


8.)A vertical integration strategy is a strategy:

A)used to add new businesses that produce related products or are

involved in related markets and activities.

B)that involves expanding the domain of the organization into supply

channels or to distributors.

C)employed for an organization that operates a single business and

competes in a single industry.

D)used to add new businesses that produce unrelated products or are

involved in unrelated markets and activities.

E)an organization uses to build competitive advantage by being unique in

its industry or market segment along one or more dimensions. - 🧠


4
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PRIVACY STATEMENT. ALL RIGHTS RESERVED

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