Multiple Choice
Match the options below with the correct phrases:
-cost-leadership strategy
A) a business-level strategy to keep tight controls over expenses
B) a strategy to acquire similar products or services
C) a strategy to accept the status quo
D) a business unit with low market share and low market growth rate
E) the processes associated with putting the strategic plan into motion
F) a strategy element that identifies the current position and its relationship to competitors
G) a strategy to explore "uncharted waters"
H) a planning tool grouping businesses based on market growth rate and market share
I) a strategy to reduce the size or scope of activities
J) major organizational departments such as marketing and human resources are critical to this strategy
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Events such as the terrorist attacks of
Q2: A plan provides specific answers to all
Q3: A cost-leadership strategy is one focused on
Q5: A course of action created to achieve
Q6: Match the options below with the correct
Q7: The financial strategy of a firm involves
Q8: The final step in the basic planning
Q9: Procedures spell out the "_" for a
Q10: Strategic planning applies only to large corporations,not
Q11: Policies,procedures,and rules can apply to many different