Which THREE of the following issues relate to the Corporate Strategy of an organization?

Correct Answer for the Question – Which THREE of the following issues relate to the Corporate Strategy of an organization? is given below Which THREE of the following issues relate to the Corporate Strategy of an organization? (Choose three.) Entering new industries. Avoiding competitive disadvantages. Achieving advantage over competitors. Meeting the needs of key customers. Leaving … Read more

Which THREE of the following statements apply to Lynch’s performance pyramid?

Correct Answer for the Question – Which THREE of the following statements apply to Lynch’s performance pyramid? is given below Which THREE of the following statements apply to Lynch’s performance pyramid? (Choose three.) The performance pyramid is designed to ensure that all activities support the organization’s vision. The right-hand side of the pyramid contains measures which … Read more

Which of the following steps support the introduction of a knowledge management strategy?

Correct Answer for the Question – Which of the following steps support the introduction of a knowledge management strategy? is given below JJJ is a publically quoted advertising agency. JJJ’s competitive advantage is based on the expertise of its staff and its reputation in digital media advertising. JJJ has robust systems to protect its intellectual property. … Read more

Which type of change did the consultants recommend for TUV?

Correct Answer for the Question – Which type of change did the consultants recommend for TUV? is given below TUV had an employee turnover rate of 25% among new recruits and was becoming short of skilled workers. The Board of TUV realized there was something dramatically wrong and called in consultants to assess the problem. The … Read more

Which of the following statements would be most appropriate?

Correct Answer for the Question – Which of the following statements would be most appropriate? is given below DF Company is undertaking a strategic review of its activities and has asked you to explain how a Force Field analysis would assist in the review process.Which of the following statements would be most appropriate? As part of … Read more

Which of the following is the correct classification for the music journalists writing about the competition?

Correct Answer for the Question – Which of the following is the correct classification for the music journalists writing about the competition? is given below Country W hosts a large music competition every 5 years, which is attended by many international musicians. The success of the competition is dependent upon effective Customer Relationship Marketing being established … Read more

Which of the following strategic directions is GV taking if it pursues this opportunity, according to Ansoff’s product / market matrix?

Correct Answer for the Question – Which of the following strategic directions is GV taking if it pursues this opportunity, according to Ansoff’s product / market matrix? is given below GV is a manufacturer and retailer of high quality suede gloves. GV makes all of its sales in country F, and is extremely profitable. After many … Read more

A direct external change trigger is:

Correct Answer for the Question – A direct external change trigger is: is given below A direct external change trigger is:Reference: https://books.google.com.pk/books?id=spVXv8BW-ycC&pg=PA496&lpg=PA496&dq=cima+direct+external+change+trigger&source=bl&ots=W9s2vgo5wU&sig=ACfU3U0JmMjMgOyVyUudozCuLv-KCNJKyg&hl=en&sa=X&ved=2ahUKEwidp_ajqODmAhVHx4UKHcWLCK8Q6AEwC3oECAkQAQ#v=onepage&q=cima%20direct%20external%20change%20trigger&f=false A general increase in the use of the Internet by society. An economic recession in an organization’s home country. A powerful competitor forcing an organization to cut its prices. The introduction of new environmental … Read more

Which of the following is an appropriate strategy for TTT to adopt?

Correct Answer for the Question – Which of the following is an appropriate strategy for TTT to adopt? is given below Company TTT produces a range of products, including products T1 and T5.Product T1: Profitability has declined in recent years, although small profits continue to be made as the market contracts due to changing customer preferences. … Read more

Which of the following would be evidence of high buyer power?

Correct Answer for the Question – Which of the following would be evidence of high buyer power? is given below According to Porter’s Five Forces model, which of the following would be evidence of high buyer power? There is a low probability of backward integration. Products are not standardized and buyers cannot easily switch to another … Read more