Are You a Strategic Thinker?

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3 Questions

What is the purpose of strategic planning?

To determine how the firm can best achieve its goals

What is a core competency?

A bundle of resources and capabilities

What is the value chain?

The set of linked activities the company performs to design, make, market, distribute, and support a product

Study Notes

"Strategic Thinking Quiz: Test Your Ability to Identify Business Opportunities and Threats" Challenge your strategic thinking skills with this quiz that focuses on identifying opportunities and threats in today's dynamic business landscape. From evolving customer preferences to changing market structures, this quiz will test your ability to analyze situations and make informed decisions on product development, manufacturing, sales, and competition. Sharpen your strategic mind and earn a high score in this interactive quiz.

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