Mastering Strategic Choices

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Questions and Answers

Which of the following is NOT a strategic choice discussed in the text?

  • Strategic exits
  • Strategic diversification
  • Strategic alliances (correct)
  • Strategic intensification

What is strategy?

  • A process of strategic exits
  • A combination of stability and growth strategies
  • A plan of action to develop a business competitive advantage (correct)
  • A search for a deliberate plan of action

Which of the following is NOT a reason for adopting various types of corporate strategies?

  • Risks and benefits
  • Combination strategies (correct)
  • Relative costs
  • Strategic diversification

What are the circumstances necessitating combination strategies and strategic alliances?

<p>Stability and growth (A)</p> Signup and view all the answers

Which of the following is NOT a type of strategic exit discussed in the text?

<p>Combination (D)</p> Signup and view all the answers

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