1. Strategy is:

	1.	Created by lower level managers
	2.	A software designed to help companies achieve their goals
	3.	None of the above
	4.	A presentation of a company's products or services

QUESTION 2: Which of the following statements is true?

	1.	The Energy industry is an industry with a high entry barrier because there is so much competition
	2.	Ideally, an organization wants to be in a market in which there are few substitutes for its products or services
	3.	The Value Chain Analysis is used to evaluate a project position
	4.	Loyalty programs have nothing to do with MIS