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Strategic Planning and Competitive Advantage Quiz

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Strategic Planning and Competitive Advantage Quiz

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Questions and Answers

Which of the following is a reason why companies may experience a strategic planning gap?

Lack of desire to stay longer in the market

Embracing strategic management

Pursuing a combination of strategies

Products/services not performing as expected (correct)

What is the objective of this lesson?

To review different business strategies

To analyze the applicability of each strategy (correct)

To discuss true to life examples of strategies

To pursue a combination of two or more strategies

Which of the following is true about combination strategies?

They are pursued by all organizations

They are exceptionally risky if carried too far (correct)

They can close the strategic planning gap

They are always beneficial for the firm

What do companies desire in terms of their products and services?

<p>To offer products and services that will stay longer in the market</p> Signup and view all the answers

What is the main focus of this lesson?

<p>To review different business strategies</p> Signup and view all the answers

Strategic Planning and Competitive Advantage Quiz

Choose a study mode

Podcast

Questions and Answers

Which of the following is a reason why companies may experience a strategic planning gap?

What is the objective of this lesson?

Which of the following is true about combination strategies?

What do companies desire in terms of their products and services?

What is the main focus of this lesson?

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