This quiz has been taken 9 times.
Average score: 76%
What is one of the goals of a business strategy?
The correct answer is "To achieve performance targets"
What does management need to examine?
The correct answer is "Where are we now?"
What is a strategy issue that may need to be addressed?
The correct answer is "Industry Factors"
What does a sustainable competitive advantage do?
The correct answer is "Keep customers loyal"
What is one of the strategies?
The correct answer is "A Differentiation Based Advantage"
What is a key to a winning strategy?
The correct answer is "To have long lasting results"
What was one way the competition tried to outdo Southwest Airlines?
The correct answer is "Offer complimentary drinks"
What is a Cost Based Advantage?
The correct answer is "A strategy where you charge less than your competition"
What is a Narrow Market Niche?
The correct answer is "A strategy with 1 category in 1 industry"
What is one way to make sure you picked a winning strategy?
The correct answer is "A good company fit"