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MGT603 Strategic Management Solved MCQs Set 2 What sets focused (or market niche) strategies apart from low-cost leadership and broad differentiation strategies is Companies pursuing a focused low-cost or focused differentiation strategy strive to A focused low-cost strategy seeks to achieve competitive advantage by The chief difference between a low-cost leader strategy and a focused low-cost strategy is A focused differentiation strategy aims at securing competitive advantage A focused low-cost strategy can lead to attractive competitive advantage when The chief difference between a broad differentiation strategy and a focused differentiation is Which one of the following does not represent market circumstances that make a focused low-cost or focused differentiation strategy attractive? The risks of a focused strategy based on either low-cost or differentiation include The production emphasis of a company pursuing a broad differentiation strategy usually involves The marketing emphasis of a company pursuing a broad differentiation strategy usually is to The keys to sustaining a broad differentiation strategy are The marketing emphasis of a company pursuing a focused low-cost provider strategy usually is to One of the big dangers in crafting a competitive strategy is that managers, torn between the pros and cons of the various generic strategies, will opt for Once a company has decided to employ a particular generic competitive strategy, then it must make such additional strategic choices as Which one of the following is not a strategic choice that a company must make to complement and supplement its choice of one of the five generic competitive strategies? Strategic alliances A strategic alliance Entering into strategic alliances and collaborative partnerships can be competitively valuable because The best strategic alliances Companies racing against rivals for global market leadership need strategic alliances and collaborative partnerships with companies in foreign countries in order to A company racing to seize opportunities on the frontiers of advancing technology often utilizes strategic alliances and collaborative partnerships in order to Which of the following is not a typical reason that many alliances prove unstable or break apart? Experience indicates that strategic alliances Which of the following is not a factor that makes an alliance "strategic" as opposed to just a convenient business arrangement? The Achilles heel (or biggest disadvantage/danger/pitfall) of relying heavily on alliances and cooperative strategies is Which of the following is not one of the factors that affects whether a strategic alliance will be successful and realize its intended benefits? Which one of the following is not a strategically beneficial reason why a company may enter into strategic partnerships or cooperative arrangements with key suppliers, distributors or makers of complementary products? The competitive attraction of entering into strategic alliances and collaborative partnerships is The difference between a merger and an acquisition is that Which of the following is not a typical strategic objective or benefit that drives mergers and acquisitions? Mergers and acquisitions are often driven by such strategic objectives as to Merger and acquisition strategies Mergers and acquisitions Vertical integration strategies The two best reasons for investing company resources in vertical integration (either forward or backward) are to For backward vertical integration into the business of suppliers to be a viable and profitable strategy, a company The strategic impetus for forward vertical integration is to Which of the following is typically the strategic impetus for forward vertical integration? A good example of vertical integration is Which of the following is not a potential advantage of backward vertical integration? Which of the following is not a strategic disadvantage of vertical integration? Outsourcing strategies Outsourcing the performance of value chain activities presently performed in-house to outside vendors and suppliers makes strategic sense when The two big drivers of outsourcing are Which of the following is not one of the benefits of outsourcing value chain activities presently performed in-house? Relying on outsiders to perform certain value chain activities offers such strategic advantages as Outsourcing strategies can offer such advantages as The big risk of employing an outsourcing strategy is Which of the following is not one of the principal offensive strategy options? Which one of the following is an example of an offensive strategy? A blue ocean type of offensive strategy A hit-and-run or guerilla warfare type of offensive strategy involves Launching a preemptive strike type of offensive strategy entails Which one of the following statements about offensive strategies is false? Which one of the following is not a trait of a good strategic offensive? Which one of the following is not a good type of rival for an offensive-minded company to target? Which one of the following statements regarding the basis for offensive attack on rivals is false? The purposes of defensive strategies are to Which one of the following is not a defensive option for protecting a company's market share and competitive position? Which of the following is a potential defensive move to ward off challenger firms?
Which of the following is not one of the principal offensive strategies?The principal offensive strategy options include all of the following EXCEPT: initiating a market threat and counterattack simultaneously to effect a distraction.
What are the strategic offensive principles?The key principles of an offensive strategy are: To build share out of the leader's defects, not the challenger's merits. To identify the weakness in the leader's strength. To launch the attack at the point of weakness in the strength.
Which of the following strategy is an offensive strategy?An offensive strategy is when a business takes certain steps against the market leader to get competitive in order to secure its market position. Businesses and companies gain competitive advantages by differentiating their product, offering it at a lower price, or having a resource advantage.
What are 2 offensive strategies?Below are some very basic offensive strategies that players of all ages should know about.. The Give-and-Go. ... . Diagonal Runs. ... . Quick Switches. ... . Overlapping Runs. ... . Counter Attacks. ... . Long Ball Tactics.. |