Question 1

The strategic advantages of a small business firm are ___________________

Accepted Answer

A) Mobility 
B) Unanimity 
C) Innovative potential 
D) Size of investment 
E) All of these

Question 2

The _________________________is given the authority to make its own strategic decision within corporate guidelines as long as it meets corporate activities

Accepted Answer

A) Strategic business unit 
B) Information centre 
C) Corporate level 
D) Corporate goal 
E) Cost

Question 3

SWOT analysis includes _________________________

Accepted Answer

A) Strengths 
B) Opportunities 
C) Threats 
D) Weakness 
E) Al of the above

Question 4

The _______________________analysis is a tool of environment analysis

Accepted Answer

A) SWOT 
B) EOQ 
C) PLC 
D) DATA 
E) RAM

Question 5

The corporate level management help each strategic business unit ot define its __________________

Accepted Answer

A) Goal of ifrm 
B) Goal of production 
C) Goal of nature 
D) Scope of operation 
E) Profit

Exam 2: The Importance and Components of Strategic Management and Entrepreneurship

The strategic advantages of a small business firm are ___________________

The _________________________is given the authority to make its own strategic decision within corporate guidelines as long as it meets corporate activities

SWOT analysis includes _________________________

The _______________________analysis is a tool of environment analysis

The corporate level management help each strategic business unit ot define its __________________