Porter
Porter's Strategic Positioning Quiz
Test your knowledge of Michael Porter's theories on strategic positioning and competitive advantage. This quiz covers essential concepts such as trade-offs, operational effectiveness, and the significance of strategic fit in business.
- 10 multiple-choice questions
- Assess your understanding of Porter's strategies
- Great for students, educators, and business practitioners
Trategic position requires trade-offs according to Porter. In which one o f the following situations should trade-offs not occur
When there are no inconsistencies with a company ’ s image or reputation
When activities are incompatible
When there are limits to internal co -ordination and control
When machinery, people or systems are not flexible enough to cope with n ew initiatives
Which one of the following is a type of strategic fit according to Po rter?
Key success factors
Activities which are unique (
Sustainable positions
Consistency between functions
Trade-offs are essential to strategy according to Porter as they
Look at imitators
Create the need for choice limit what a company offers
Reinforce other activities towards achieving competitive advantage
Enable CIO ’ s to employ one type of technology over another but knowing the implications of such choice
Porter argued that operational effectiveness
Means performing similar activities better than rivals perform
Is limited to profitability
Means performing similar activities to competitors in different ways
Means the ability to establish a difference that a company can preserve
Strategic positions are not based on which one of the following, Porter
Variety-based positioning
Accessed- ba sed positioning
Activity for positioning
Needs-based positioning
Porter takes a traditional view of strategic positioning and in essence arg ues that it is based on a company ’ s ability to meet all of a customers need in a particular market sector
True
False
Fit is essential to strategy. According to Porter which one of the foll owing does not support his idea of fit
Fit creates system of activities which are more sustainable than other options
Fit requires high level of integration of decisions and actions
Fi t locks out imitators by creating a strong string of activities
Fit creates the need for choice and limits what a company offers
Porter, in discussing the internet, argued that
Market signals can be distorted during the early stages of the roll out of any new technologies
During the early deployment of internet technologies, the market gave accurat e signals as to long-term viability
The use of the internet in business has introduced new rule of competition , which contrast greatly to the more traditional rule of competition
Deployment of the internet increases switching cost and creates a string networkin g effect
Strategic positions are NOT based on which of the following (from Porter)
Variety-based positioning
Trade-off positioning
Accessed-based positioning
Needs-based positioning
Strategic position requires trade-offs according to Porter. In which one o f the following situations should trade-offs occur
When there are no inconsistencies with a company ’ s image or reputation
When activities are incompatible
. When there are no limits on internal coordination and control
When activities are compatible
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