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1. The latest opportunity that was considered by XYZ Corporation does not 5 points seem to be promising due to the insufficiency of needed resources. This implies that the management did not properly contemplate the:* Strategy formulation Situation analysis SWOT analysis Business strategy 2. Rami, a strategic planner in WSD Corporation, strongly believes that his 5 points company possesses a specific competitive role that is suitable for both the internal and the external environments, which makes it challenging for competitors. As such, WSD upholds a:* Strategic window Competitive strategy Propitious niche Business strategy 3. By the end of last quarter, the whitegoods division of XYZ Corporation 5 points experienced an unexpected drop in sales, which caused a decline in the market share. Marwa, the head of the division, is currently striving to improve the division's competitive position. In that case, she is focusing on the: Division's weaknesses Division's opportunities O O O Functional strategy Business Strategy 4. Two companies "A and B" compete in the production and sales of toys 5 points for children of all ages. Company A strongly maintains efficiency as opposed to Company B. while the latter focuses on providing quality with superior-value products. * Company A enjoys a cost focus Company B enjoys a differentiation focus Company A maintains cost leadership, while company B follows a differentiation strategy Company B maintains cost leadership, while company A follows a differentiation strategy 5. All of the following are reasons to form a strategic alliance except: 5 points Obtain new capabilities Learn new capabilities Obtain access to mass markets and reduce financial risks Reduce political risks 6. Walid, Hadi, and Rama are three senior managers in a company. They are 5 points discussing the choice of the best strategic alliance. Walid believes in a partnership that is based on minor interactions, while Hadi supports the creation of an independent business entity. On the other hand, Rama believes in forming close cooperation with one of the company's key distributors. This indicates that: * Walid favors a joint venture, while Hadi prefers a value-chain partnership Walid favors a mutual service consortium, while Rama prefers a value-chain partnership Hadi supports the idea in forming a joint venture, while Rama prefers a licensing arrangement Both Hadi, and Rama prefer a joint venture 5 points 7. Lama's team was criticizing the SWOT analysis. However, she was able to highlight one benefit out of the following. Which one is that?* The SWOT analysis uses no weights to reflect priorities The SWOT analysis entails a single level of analysis The SWOT analysis is a rational link to strategy implementation The SWOT analysis uses vagueness in words and phrases 5 points 8. During the last strategy meeting, one of the managers raised the following questions, one of which is not considered as a relevant strategic question. Which one is that?* Should we compete on the basis of lower cost? Should we compete head-to-head with major competitors? Should we differentiate our goods or services on some basis other than cost? Should we compete by acquiring political support of influential leaders? 5 points 9. Sara, a manager in a certain company, is mainly concerned with the breadth of her business unit. In other words, she is mainly concerned with the: * Competitive scope Competitive strategy Differentiation and Cost strategies Cost leadership only 5 points 10. Hani, an experienced manager, is classified as a leader in a certain industry. Last month, XYZ Corporation hired him to head one of its business units. The company in general and Hani's business unit in specific operates in a market that is experiencing fierce competition. Hani discovered that his predecessor did not follow any of the generic competitive strategies. It is obvious that Hani's business unit is: * Stuck in the middle Not goal oriented Not achieving the required level of synergy O Missing an exit strategy 5 points 11. A CEO of a leading firm correctly claimed that companies primarily react to industries experiencing hyper-competition through: * Inducing barriers to entry Directly attacking competing firms Competing on both quality and cost Any of the above is correct 5 points 12. A regional corporation maintains a strong competitive advantage. Hence, it is capable of: * Introducing new goods or services in a quick manner Providing the best customer service Acquiring institutional investors Recognizing and reacting to an environmental change ahead of competing firms