Question 1

According to the BCG matrix,a _________________ (two words)exists in a mature,slow-growth industry but is a dominant business in the industry,with a large market share.

Accepted Answer

The answer of According to the BCG matrix,a _________________ (two...

Question 2

A(n)_______________________________________ (two words)refers to the modification of product design and advertising strategies to suit the specific needs of individual countries.

Accepted Answer

The answer of A(n)_______________________________________ (two words)refers to the modification of...

Question 3

The standardisation of product design and advertising strategies throughout the world is called ____________________.

Accepted Answer

The answer of The standardisation of product design and advertising...

Question 4

According to the BCG matrix,a _________________ has a large market share in a rapidly growing industry.

Accepted Answer

The answer of According to the BCG matrix,a _________________ has...

Question 5

According to the BCG matrix,a _________________ has a low market share market share in a low growth industry.

Accepted Answer

The answer of According to the BCG matrix,a _________________ has...

Question 6

Leveraging and developing more from the organisation's existing assets,capabilities and core competencies in a way that will provide a sustained competitive advantage is known as a(n)__________________ (two words).

Accepted Answer

The answer of Leveraging and developing more from the organisation's...

Question 7

With a ____________________ strategy,an organisation seeks to move into new product lines or businesses.

Accepted Answer

The answer of With a ____________________ strategy,an organisation seeks to...

Question 8

When plasma technology was adopted as a viable alternative in the television market,many companies recognised the attractiveness of the new product's profit potential.Such a situation would most closely be associated with the ____________________ (four words)in Porter's 'five forces' model.

Accepted Answer

The answer of When plasma technology was adopted as a...

Question 9

With a ______________________________________(two words)strategy,the organisation aggressively seeks efficient facilities,pursues cost reductions and uses tight cost controls to produce products more efficiently than competitors.

Accepted Answer

The answer of With a ______________________________________(two words)strategy,the organisation aggressively seeks...

Question 10

A(n)___________________ strategy is a type of corporate level strategy relates to the organisation's next of strategic business units.

Accepted Answer

The answer of A(n)___________________ strategy is a type of corporate...

Question 11

A type of corporate-level strategy that relates to the conceptualisation and management of an organisation's mix of business units or product lines is known as a ______________________________________(two words).

Accepted Answer

The answer of A type of corporate-level strategy that relates...

Question 12

The BCG matrix organises businesses along two dimensions: _____________ (three words)and _____________ (two words).

Accepted Answer

The answer of The BCG matrix organises businesses along two...

Question 13

According to the BCG matrix,a _________________ (two words)has a low market share in a rapidly growing industry.

Accepted Answer

The answer of According to the BCG matrix,a _________________ (two...

Question 14

Strengths and ____________________ are typically gauged through internal analysis,while opportunities and threats are typically gauged through external analysis.

Accepted Answer

The answer of Strengths and ____________________ are typically gauged through...

Question 15

With a ____________________ strategy,the organisation concentrates on a specific regional market or buyer group.

Accepted Answer

The answer of With a ____________________ strategy,the organisation concentrates on...

Question 16

Analysis of the strengths,weaknesses,opportunities and threats that affect organisational performance is known as a(n)_________________ (two words).

Accepted Answer

The answer of Analysis of the strengths,weaknesses,opportunities and threats that...

Question 17

The ____________________ strategy involves an attempt to distinguish the organisation's products or services from others in the industry.

Accepted Answer

The answer of The ____________________ strategy involves an attempt to...

Question 18

Due to a decrease in the number of independent diamond mines over the past 30 years,jewellery makers have had fewer businesses to purchase their inputs from.Such a situation would most closely be associated with the ______________________ (four words)in Porter's 'five forces' model.

Accepted Answer

The answer of Due to a decrease in the number...

Question 19

A(n)____________________ strategy seeks to achieve both global integration and national responsiveness.

Accepted Answer

The answer of A(n)____________________ strategy seeks to achieve both global...

Question 20

When a number of new organisations enter a growth market,the amount of choice available increases.Such a situation would most closely be associated with the _____________________(four words)in Porter's 'five forces' model.

Accepted Answer

The answer of When a number of new organisations enter...

Quiz 8: Strategy Formulation and Implementation