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Strategic Management: Week 2 Quiz

Assessment covering strategic decision-making and competitive analysis.

Caleb Patterson
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Strategic Management: Week 2 QuizWEEK 2 QUIZ1.Question :A strategy canvas can depict the relative performance across keycompetitive factors for both an industry and a particular company orgroup of companies.StudentAnswer:TrueFalsePoints Received:1 of 1Comments:2.Question :Market share and industry share are different.StudentAnswer:TrueFalsePoints Received:0 of 1Comments:3.Question :Which of the following cannot be deduced from a strategic-group map?Student Answer:Competitors that are strategically similarMarket shares of individual competitorsAreas of unserved demandCompetitors that are not really competitorsEntry barriers of different strategic groupsPoints Received:0 of 1Comments:4.Question :What is the term for a collection of competitors that produces similar orsubstitute products or services to a defined market?Student Answer:CartelMarketOligopoly

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