MCQs on Strategy Introduction its Levels and Concepts

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The Levels of strategy are Corporate strategy, Business strategy, Operational and functional strategies. Here on MCQs.CLUB we have prepared useful
MCQs on Strategy Introduction its Levels and Concepts

MCQs on Strategy Introduction its Levels and Concepts

The Levels of strategy are Corporate strategy, Business strategy, Operational and functional strategies. Here on MCQs.CLUB we have prepared useful Multiple-Choice Questions (MCQs) on Strategy, Introduction, Levels and Concepts that fully cover MCQs on the introduction to business policy and strategic management, the overview of strategic management process, Features and Different Levels of Strategy, Stages and Types of Strategy and strategic objectives. These MCQs also cover the 4 Levels of Strategy: Types of Strategic Alternatives. These MCQs on Introduction to strategic studies & key concepts are also useful for professional accountancy exams, competitive exams and business management exams.

  1. The Levels of strategy include:
    1. Corporate strategy
    2. Business strategy
    3. Operational and functional strategies
    4. All of the above
  1. Corporate strategy –
    1. is the highest level of strategy in an organisation, identifying the strategy for the organisation as a whole.
    2. relates to how an organisation approaches a particular market, or the activity of a particular business unit.
    3. involve decisions which are made at operational level and affect the day-to-day operation of the business. These decisions include marketing strategy, HR strategy, IT/IS strategy and so forth.
    4. None
  1. Corporate strategy is concerned with:
    1. Entering new industries.
    2. Leaving existing industries.
    3. Both A&B
    4. None
  1. Business strategy –
    1. is the highest level of strategy in an organisation, identifying the strategy for the organisation as a whole.
    2. relates to how an organisation approaches a particular market, or the activity of a particular business unit.
    3. involve decisions which are made at operational level and affect the day-to-day operation of the business. These decisions include marketing strategy, HR strategy, IT/IS strategy and so forth.
    4. None
  1. Business strategy is concerned with how to:
    1. Achieve advantage over competitors.
    2. Avoid competitive disadvantage.
    3. Both A&B
    4. None
  1. While corporate strategy relates to an organisation as a whole, business strategy focuses on strategic business units (SBUs).
    1. True
    2. False
  1. Operational and functional strategies –
    1. is the highest level of strategy in an organisation, identifying the strategy for the organisation as a whole.
    2. relates to how an organisation approaches a particular market, or the activity of a particular business unit.
    3. involve decisions which are made at operational level and affect the day-to-day operation of the business. These decisions include marketing strategy, HR strategy, IT/IS strategy and so forth.
    4. None
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