Q4-c2-p
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Questions and Answers

Who is responsible for formulating and implementing corporate-level strategies?

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What aspect of strategic management can help small businesses carve out a unique market position?

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How does strategic management support resource allocation in small businesses?

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What is the key idea behind growth strategies?

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Which strategy involves maintaining the current operations without significant changes?

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Why do companies pursue diversification?

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Why is careful analysis, strategic planning, and effective execution crucial for successful diversification initiatives?

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Which of the following best describes a strategic positioning involving serving the diverse needs of a select group of customers?

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What does 'Fit' refer to in the context of strategic positioning?

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What is the purpose of conducting a current reality assessment in strategic management?

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What is the focus of strategic implementation in the strategic management process?

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What does a growth strategy in corporate strategy focus on?

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