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Here are some Multiple Choice Questions (MCQs) for Strategic Management course.
9,561 total views, 9 views today Post navigationWhich grand strategy is recommended for a firm with rapid market growth and a strong competitive position *?Quadrant 1 – Strong competitive position & Fast market growth. Companies that are located in this first quadrant of the Grand Strategy Matrix usually have an excellent strategic position. Apart from active and fast growth in the market, they also have a strong position relative to the competition.
What are the 4 grand strategies?There are four grand strategic alternatives that can be followed by the organization to realize its long-term objectives:. Stability Strategy.. Expansion Strategy.. Retrenchment Strategy.. Combination Strategy.. Which strategy can be used as part of a company's grand strategy?Grand strategies can include market growth, product development, stability, turnaround and liquidation.
In which strategy firm maintains the existing level of effort & is satisfied with incremental growth?Stability strategy is a strategy in which the organization retains its present strategy at the corporate level and continues focusing on its present products and markets. The firm stays with its current business and product markets; maintains the existing level of effort; and is satisfied with incremental growth.
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