#1
Which of the following is a primary component of SWOT analysis?
#2
Which strategic analysis tool assesses the internal environment of an organization through examining its strengths, weaknesses, opportunities, and threats?
#3
Which type of innovation involves making incremental improvements to existing products or processes?
#4
What is the main purpose of the McKinsey 7S Framework in strategic management?
#5
In the context of business competitiveness, what is the focus of the VRIO framework?
#6
In Porter's Five Forces framework, which force focuses on the bargaining power of buyers?
#7
What does VRIO stand for in the context of strategic management?
#8
In the context of competitive advantage, what does the term 'cost leadership' refer to?
#9
Which factor is considered an internal component of the McKinsey 7S Framework?
#10
In the context of strategic management, what does the acronym SMART stand for when setting objectives?
#11
Which framework is used to analyze the external macro-environmental factors that impact an organization?
#12
Which strategic analysis tool is used to visualize a firm's portfolio of products or business units in a matrix format?
#13
What is the central idea behind the Blue Ocean Strategy?
#14
What is the primary goal of a diversification strategy in strategic management?
#15
According to Michael Porter, what is a key element of a successful differentiation strategy?
#16
What is the primary purpose of a corporate-level strategy?
#17