Strategic Management Overview
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Questions and Answers

Which of the following disciplines is integrated into strategic management?

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What does 'tactics' refer to in strategic management?

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What is strategic management primarily concerned with?

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What is a major challenge faced during strategic implementation in the Philippines?

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In the Philippine setting, what value is often emphasized in business strategies?

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Strategic formulation in the Philippines must balance which two objectives?

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In the context of strategic management in the Philippines, which of the following external factors is crucial for environmental scanning?

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What role does cultural integration play in strategic management in the Philippines?

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Which Philippine business sector faces particular logistical challenges due to the country's geographic conditions?

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How do Filipino companies incorporate 'malasakit' in their business strategies?

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Which of the following is an example of an objective in strategic management?

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What does 'vision' refer to in an organization?

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What is the primary purpose of environmental scanning in strategic management?

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A mission statement in strategic management serves to:

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What is the importance of financial performance metrics in strategic evaluation?

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Which of the following is a core challenge in the strategic implementation phase in the Philippines?

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In which functional area does strategic management involve the most coordination?

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How do companies in the Philippines typically respond to the dynamic local business environment?

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Which of the following is a potential benefit of a successful differentiation strategy?

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Which of the following best describes the cost leadership strategy?

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Which of the following is NOT a source of competitive advantage?

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An example of a company that uses cost leadership strategy is:

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What is a competitive advantage?

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A company's competitive advantage is considered sustainable if:

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A risk associated with a differentiation strategy is:

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The Blue Ocean Strategy involves:

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Which of the following is a risk of cost leadership?

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The differentiation strategy involves:

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Which of the following is NOT a component of the PESTEL analysis?

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A primary goal of the Blue Ocean Strategy is to:

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Which strategy encourages eliminating unnecessary features and emphasizing unique value in untapped markets?

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In PESTEL analysis, which factor would cover issues like tax policies, trade restrictions, and government stability?

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A company that provides a unique, high-quality product for a narrow market segment is likely using:

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Which of the following factors in PESTEL analysis is most likely to consider shifts in customer lifestyle and demographics?

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In PESTEL analysis, rapid advancements in artificial intelligence and automation would be considered under which factor?

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Which of the following is NOT associated with Blue Ocean Strategy?

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If a company is evaluating the impact of climate change and carbon emissions regulations, which part of the PESTEL analysis is it focusing on?

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Which of the following is NOT one of Porter's Five Forces?

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Which of the following would increase the bargaining power of buyers?

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The presence of strong brand loyalty in an industry affects which of Porter's Five Forces?

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If suppliers are few in number and can raise prices or reduce quality, this indicates:

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The "threat of new entrants" in Porter's Five Forces framework refers to:

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A key factor in the bargaining power of suppliers is:

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Which of the following would likely INCREASE the threat of new entrants?

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In Porter's Five Forces, a high threat of substitute products typically results in:

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High industry rivalry is likely to be found in markets where:

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