${?}_{{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}\text{l}\text{e}\text{v}\text{e}\text{l}\text{s}\text{t}\text{r}\text{a}\text{t}\text{e}\text{g}\text{i}\text{e}\text{s}\text{i}\text{n}\text{c}\text{l}\text{u}\text{d}\text{e}\text{e}\text{x}\text{p}\text{a}\text{n}\text{s}\text{i}\text{o}\text{n}\text{,}\text{d}\text{o}\text{w}\text{n}\text{s}\text{i}\text{z}\text{i}\text{n}\text{g}\text{a}\text{n}\text{d}\text{s}\text{t}\text{a}\text{b}\text{i}\text{l}\text{i}\text{t}\text{y}\text{.}}$

Group $of$ answer choices

Corporate

Business

Flag question: Question $14$

Question $144pts$

Cost leadership $is$ the tactic $of$ winning over customers through aggressive pricing and making profits through high efficiency.

Group $of$ answer choices

True

False

Flag question: Question $15$

Question $154pts$

$A{?}_{?}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}$ strategy both names the outcomes a company intends $to$ achieve and devises the means for $ittodoso.$

Group $of$ answer choices

corporate

business

Flag question: Question $16$

Question $164pts$

A corporate strategy determines the scope $of$ a company$s$ activities and the manner $in$ which a company$s$ business processes support company goals.

Group $of$ answer choices

True

False

Flag question: Question $17$

Question $174pts$

The importance $ofa{?}_{?}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}$ strategy hinges $on$ its being $an$ effective means $to$ allocate a company$s$ resources, establish business expectations and improve a company$s$ competitive position, $as$ well $as$ increase shareholder value $to$ something beyond the sum $of$ its physical assets.

Group $of$ answer choices

corporate

business

Flag question: Question $18$

Question $184pts$

$A{?}_{?}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}$ strategy $is$ a tool a company uses $tolimit$ the allocation $of$ its resources $to$ the best available business investment opportunities.

Group $of$ answer choices

corporate

business

Flag question: Question $19$

Question $194pts$

${?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_o$bjectives focus $on$ key areas, such $as$ market standing, productivity and profitability, for which measurable objectives are set, such $as$ achieving a particular market share $or$ financial return $on$ investments.

Group $of$ answer choices

Business

Corporate

Flag question: Question $20$

Question $204pts$

The corporate strategy $is$ concerned with a company$s$ growth and profit performance.

Group $of$ answer choices

True

False

Flag question: Question $21$

Question $214pts$

${?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}-$level strategies are the strategies that are formed $by$ individual business units within a company.

Group $of$ answer choices

Business

Corporate

Flag question: Question $22$

Question $224pts$

${?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}$ thinking involves making a series $of$ decisions about what actions the company intends $to$ take $to$ become more successful.

Flag question: Question $23$

Question $234pts$

Strategic thinking enables a business owner $to$ determine how $to$ use these resources most effectively and advance the company toward its objectives.

Group $of$ answer choices

True

False

Flag question: Question $24$

Question $244pts$

Businesses are under constant pressure $to{?}_{?}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{.}$

Flag question: Question $25$

Question $254pts$

${?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}{?}_{{?}_{?}}$ great strategic thinking skills requires you $to$ gain exposure $to$ strategic roles, synthesize broad information, participate $in$ a culture $of$ curiosity, and gather experiences that allow you $to$ identify patterns and connect the dots $in$ novel ways.

Group $of$ answer choices

Demonstrating

Developing