Strategıc Management (ENG) — 2021-2022 YO Çıkmış Sınav

1. An effective competitive strategy has some features. Which of the following delivers the uniqueness? A) Value chain B) Tradeoffs C) Value proposition D) Continuity • Synergy

2. "The ability to anticipate, envision, think strategically, and empower the team to initiate changes for adapting to the environment" refers to -----. Which of the following completes the sentence above correctly? A) Corporate values B) Core competence C) Vision statement D) Value chain E) Strategic leadership

3. A firm positioned itself in the market asking low prices by offering a smaller range of selected products for customers who seek a practical, limited variety of items. This firm reduces costs through limiting the number of employees, small scale stores, or simple layouts are reflected in lower prices which in turn brings more revenues. Which of the following does the paragraph above describe? A) Brand management B) Company policy C) Business model D) Five forces model E) Competitive forces

4. A company located in Eskisehir makes money not by selling products, but by selling its expertise to improve the operations of its customers. What type of business model does this firm have? A) Customer solutions model B) Entrepreneurial model C) Profit pyramid model lof. D) Efficiency model E) Switchboard model

5. "Create economic opportunity for every member of the global workforce." Which of the following is an example of the statement above ? A) Strategic intent B) Target C) Long term objective D) Vision E) Objective