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BUS 490 WEEK 2 QUIZ

BUS 490 WEEK 2 QUIZ

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Author: Christine Farr
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http://theperfecthomework.com/bus-490-week-2-quiz/

This quiz consist of 15 multiple choice questions and covers the material in Chapter 1. Be sure you are in Chapter 1 when you take the quiz.

Question 1
4 out of 4 points
 
 
 
The strategic-management process
Answer

 
 
 
 

 
 
 
Question 2
4 out of 4 points
 
 
 
The goal of strategic management is to
Answer

 
 
 
 

 
 
 
Question 3
4 out of 4 points
 
 
 
A strong ________ heritage underlies the study of strategic management.
Answer

 
 
 
 

 
 
 
Question 4
4 out of 4 points
 
 
 
The one factor that has most significantly impacted the nature and core of buying and selling in nearly all industries has been
Answer

 
 
 
 

 
 
 
Question 5
4 out of 4 points
 
 
 
Superior strategy formulation and implementation ________ an opponent's superiority in numbers and resources.
Answer

 
 
 
 

 
 
 
Question 6
4 out of 4 points
 
 
 
What are enduring statements of purpose that distinguish one business from other similar firms?
Answer

 
 
 
 

 
 
 
Question 7
4 out of 4 points
 
 
 
The Internet has transferred power from ________ to ________.
Answer

 
 
 
 

 
 
 
Question 8
4 out of 4 points
 
 
 
The first step in strategic planning is generally
Answer

 
 
 
 

 
 
 
Question 9
4 out of 4 points
 
 
 
Which phase of strategic management is called the action phase?
Answer

 
 
 
 

 
 
 
Question 10
4 out of 4 points
 
 
 
Internal ________ are activities in an organization that are performed especially well.
Answer

 
 
 
 


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