Question: Question 1 Jade a Human Resources manager, is at a lower down lever in the decision - making process. Jade s role is to support

Question 1
Jade a Human Resources manager, is at a lower down lever in the decision-making process. Jades role is to support business-level strategy by performing strategy-critical activities, such as ensuring there is enough supporting staff to assist the customers who still choose to walk in at ABC Bank. Identify the decision level Jade is operating in.
Group of answer choices, choose the correct answer and letter
a.Business level.
b.Functional level
c.Organisational or Corporate level.
d.Strategic level
Question 2
The broad categories of corporate strategies that organisations can pursue, whether they operate as a multi-business or not are ________.
Group of answer choices, choose the correct answer and letter
a.Financial, operational, and marketing strategies.
b.Functional, business, and corporate strategies.
c.Internal growth, external growth, cooperative/ combination, and turnaround strategies.
d.Cost leadership, differentiation, and focus strategies.
Question 3
Which of the following best describes the goal of a market penetration strategy?
Group of answer choices, choose the correct answer and letter
a.Expanding into new markets with existing products.
b.Developing new products for existing markets.
c.Increasing market share by selling more of existing products to existing market.
d.Diversifying into unrelated products and markets.
Question 4
Identify the statement that best describes the goal of a market development strategy.
Group of answer choices, choose the correct answer and letter
a.Increasing market share by selling more of existing products to existing markets.
b.Expanding into new markets with existing products.
c.Developing new products for existing markets.
d.Diversifying into unrelated products and markets.
Question 5
You, as a new owner of a jewellery shop, have decided that product development will be ideal for the first year in business. This means the goal that you are aiming to achieve through product development is to ________.
Group of answer choices, choose the correct answer and letter
a.Increase market share by selling more of existing products to existing markets.
b.Expand into new markets with existing products.
c.Create new products or enhance existing ones to meet the needs of the current target market.
d.Diversify into unrelated products and markets.

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