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Business Strategy Fundamentals Test
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Business Strategy Fundamentals Test
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25 Questions

1. Which of these is illegal?
2. What is a Cyclical Industry?
3. In consideration of marketing
4. What are profit margins?
5. A competitive advantage suggests what?
6. A firm that decides the price of a good or service is a __________?
7. OPEC is an example of what?
8. What are some of the possible disadvantages on relying on business cases when making strategic moves in business?
9. What is an example of a company that could be considered to be in a cyclical industry?
10. In which situation would a joint venture make the most sense?
11. What does CAPM stand for?
12. How could market segmentation benefit you from a business strategy standpoint?
13. What is a hostile takeover?
14. What is a strategic alliance?
15. A demand curve is more price elastic when a price____________ ?
16. What trait should an information-driven company have at its core?
17. What organizational failure can cripple a business strategy?
18. What is disruptive innovation?
19. Oil companies' business models are examples of what?
20. What is the major difference between operational management and strategic management?
21. Which framework determines the competitive intensity of a market?
22. Within the Porter Five Forces Analysis
23. In discovery-driven planning
24. What trait exists for both high market share and low market share companies?
25. When does a Monopoly exist?

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