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
Jade a Human Resources manager, is at a lower down lever in the decisionmaking process. Jades role is to support businesslevel strategy by performing strategycritical 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
aBusiness level.
bFunctional level
cOrganisational or Corporate level.
dStrategic level
Question
The broad categories of corporate strategies that organisations can pursue, whether they operate as a multibusiness or not are
Group of answer choices, choose the correct answer and letter
aFinancial, operational, and marketing strategies.
bFunctional, business, and corporate strategies.
cInternal growth, external growth, cooperative combination, and turnaround strategies.
dCost leadership, differentiation, and focus strategies.
Question
Which of the following best describes the goal of a market penetration strategy?
Group of answer choices, choose the correct answer and letter
aExpanding into new markets with existing products.
bDeveloping new products for existing markets.
cIncreasing market share by selling more of existing products to existing market.
dDiversifying into unrelated products and markets.
Question
Identify the statement that best describes the goal of a market development strategy.
Group of answer choices, choose the correct answer and letter
aIncreasing market share by selling more of existing products to existing markets.
bExpanding into new markets with existing products.
cDeveloping new products for existing markets.
dDiversifying into unrelated products and markets.
Question
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
aIncrease market share by selling more of existing products to existing markets.
bExpand into new markets with existing products.
cCreate new products or enhance existing ones to meet the needs of the current target market.
dDiversify into unrelated products and markets.
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