Strategy interview questions
Strategy interview questions
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Total Questions: 5
1. Strategic Groups are a cluster of firms that share similar strategies which one below is not one of the characteristics of that group:
Correct Answer is : Location
2. Two unassailable assumptions of industry: No two organizations are totally different and, ______________________.(select an answer from below)
Correct Answer is : No two are the same
3. The External Environment consists of six factors. Which one below is not one of those factors.
Correct Answer is : Unions
4. Porter’s five forces discusses the forces in the environment that has influence on a company they are: Suppliers, Competitors, Customers, New Entrants and __________________?
Correct Answer is : Substitutes
5. The Value Chain is a process of value-creating activities that state a firm is profitable to the extent the value it receives exceeds the total costs involved in creating its product or service. There are two sections to the value chain they are:
Correct Answer is : Support activities and Primary Activities
