Strategy Development Methods Interview Preparation Guide
Download PDF

Strategy Methods Interview Questions and Answers will guide us now that how to set corporate strategy directions and Methods of Development a strategy of organization, so learn more about Strategy Development Methods with the help of this Strategy Methods Interview Questions with Answers guide

32 Strategy Methods Questions and Answers:

1 :: Consolidation is concerned with which of the following-

► A) Continuing with current strategies
► B) Protecting and strengthening the organization’s position in new markets through its current products
► C) Protecting and strengthening the organization’s position in its current markets through its current products
► D) Protecting the organization’s position in its current markets through its current products

C) Protecting and strengthening the organization’s position in its current markets through its current products

2 :: The strategic option of withdrawal might be considered where:

► A) The intrinsic value of a company's products or assets do not change over time
► B) An organization is unable to secure sufficient resources or competences
► C) A change in the expectations of a stakeholder with low power and low interest
► D) An organization is unable to change its competences.

B) An organization is unable to secure sufficient resources or competences

4 :: Strategic development directions can be considered in terms of which of the following-

► A) Products, markets, strategic capabilities and expectations of stakeholders
► B) Products and markets
► C) Withdrawal, product development and consolidation
► D) Strategic capability

A) Products, markets, strategic capabilities and expectations of stakeholders

5 :: Market penetration in static markets is:

► A) Relatively easy
► B) Particularly difficult for weakly positioned organizations
► C) Difficult to achieve for all organizations
► D) Impossible

B) Particularly difficult for weakly positioned organizations

6 :: Product development can be driven in two ways:

* A) With existing capabilities or with new capabilities
* B) Internally and externally
* C) By the management and by the workforce
* D) Market demand

A) With existing capabilities or with new capabilities

7 :: There are three main types of market development:

* A) New territories, new segments, new products
* B) New territories, franchising, new segments
* C) Existing segments, new territories, new uses
* D) New segments, new territories, new uses

D) New segments, new territories, new uses

8 :: There are three main methods of strategy development:

* A) Internal; acquisition; joint development
* B) Internal; external; acquisition
* C) Market development; product development diversification
* D) Design, experience and ideas

A) Internal; acquisition; joint development

9 :: Internal development is where:

* A) An organization develops its strategies by building up its own resource base
* B) An organization develops its strategies by building on its own capabilities
* C) An organization develops its strategies by building up its management team
* D) An organization develops its strategies by building up its financial strength

B) An organization develops its strategies by building on its own capabilities

10 :: A successful acquisition is where an organization:

* A) Establishes a new subsidiary
* B) Takes over another organization
* C) Develop the capabilities to move into a new market
* D) Develops its strategies by taking over another organization

D) Develops its strategies by taking over another organization