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Please solve this quiz of Strategic Management MGT301?

1. Buyers can exercise high bargaining power over their suppliers under which one of the following conditions? a. There are few buyers in the market b. When there are many good substitutes c. They have few suppliers to choose from d. There is a high concentration of suppliers 2. The process of monitoring performance, comparing it with goals, and correcting any significant deviations is known as: a. Planning b. Controlling c. Organizing d. Leading 3. Which category of ratios measures a firm’s ability to meet maturing short-term obligations? a. Profitability b. Leverage c. Liquidity d. Activity 4. Which of the following directs at developing new products before competitors do at improving product quality or at improving manufacturing processes to reduce costs? a. Marketing b. Opportunity analysis c. Management d. Research and development 5. A planning horizon of two to five years applies to which of the following? a. Top management b. Middle management c. Lower management d. All levels of management 6. Assessment of competitive rivalry DOES NOT include an understanding of which of the following? a. Mergers and acquisitions in industry b. The management structure of an organization c. Market growth rates d. Exit barriers and operational efficiency of competitor 7. Which of the following marketing entity is NOT an intermediary? a. Brokers b. Agents c. Producers d. Vendors 8. Investment decisions are also known as: a. Capital structure b. Business finance c. Dividend policy d. Capital budgeting 9. Which one of the following area can be the weakness of a firm? a. Ineffective Marketing b. Changing lifestyle c. High oil prices d. Increasing pollution 10. What is the systematic gathering, recording, and analyzing of data about problems relating to the marketing of goods and services? a. Management b. Marketing Research c. Planning d. Market segmentation

Public Comments

1. Study daily and ask help from ur classfellows
2. 1. d. There is a high concentration of suppliers 2. b. Controlling 3. c. Liquidity 4. b. Opportunity analysis 5. d. All levels of management 6. a. Mergers and acquisitions in industry 7. c. Producers 8. d. Capital budgeting 9. a. Ineffective Marketing 10. d. Market segmentation