Question $41$

Which question is NOT addressed in the analysis of a revised External Factor Evaluation $($IFE$)$ EFE Matrix?

a$.$

What is the company's current stock price?

b$.$

How have competitors reacted to our strategies?

c$.$

Why are some competitors' strategies more successful than others?

d$.$

How satisfied are our competitors with their present market positions and profitability?

Question $42$

What does the term 'performance' refer to in the context of differentiation strategies?

a$.$

Offering products or services at the lowest possible cost

b$.$

Delivering goods and services slowly to ensure quality

c$.$

Delivering goods and services rapidly, consistently, efficiently, and reliably

d$.$

Providing a wide range of products with varying features

Question $43$

What is one of the main complexities multinational organisation face compared to domestic organisation?

a$.$

Limited external opportunities and threats

b$.$

Higher production costs

c$.$

More variables and relationships to consider in the strategic$-$management

d$.$

Easier communication between headquarters and overseas operations

Question $44$

What makes outsourcing an attractive option for organisations?

a$.$

Needing key resources for a long period of time

b$.$

Using another entity$$s resources more cost$-$effectively

c$.$

Building its own resource pool

d$.$

Having complete control over the resources

Question $45$

What does the term "triple bottom line" $($TBL$)$ refer to in the context of corporate reporting?

a$.$

Reporting on profit, people, and the planet

b$.$

Reporting on revenue, expenses, and taxes.

c$.$

Reporting on shareholder returns, executive compensation, and market capitalisation.

d$.$

Reporting on financial performance, operational efficiency, and market share.

Question $46$

What is one of the four particular challenges that face all strategists today?

a$.$

Deciding on the office location

b$.$

Selecting the company's HR policy

c$.$

Contingency planning

d$.$

Determining the company's logo

Question $47$

Why is ISO $14001$ certification considered advantageous for organisations?

a$.$

It ensures regulatory compliance.

b$.$

It guarantees no environmental harm.

c$.$

It reduces consumer demand.

d$.$

It increases environmental pollution.

Question $48$

What type of market is considered ideal for best$-$cost provider strategies?

a$.$

Markets with value$-$conscious buyers seeking quality at reasonable prices

b$.$

Markets with luxury$-$oriented consumers willing to pay premium prices

c$.$

Markets with highly differentiated, high$-$cost products

d$.$

Markets with low$-$quality, low$-$cost products

Question $49$

What is the main purpose of a divestiture strategy?

a$.$

To increase market share in emerging markets

b$.$

To expand the organisation's portfolio

c$.$

To reduce operational costs

d$.$

To salvage underperforming parts of the business

Question $50$

What advantage do organisations gain from joint venture strategies?

a$.$

Avoiding collaboration with other organisations

b$.$

By solely bearing the development costs and risks

c$.$

Acquisition of competitor knowledge and skills

d$.$

Benefit from their partner$$s knowledge and skills