Quiz: Lets check Your understanding in HR Strategy

1. In a hyper-competition situation, a company faces only a few competitors.

2. Stakeholders are individuals and groups unaffected by the organization and its strategic accomplishments..

3. It is advisable to combine a cost leadership strategy with a differentiation strategy to get better results..

4. In BCG Matrix, businesses or products with high-market-shares in high-growth markets are referred to as

5. PT Maju Sejahtera changes its business strategy from a focused differentiation strategy to a focused cost leadership one. Which of the following steps in the process of strategic management ideally includes this action?..

6. A(n) ________ expresses the organization's reason for existence in society. A focused cost leadership one. Which of the following steps in the process of strategic management ideally includes this action?..

7. Strategic analysis typically refers to the process of:

8. In the process of strategic management, strategic implementation is typically followed by strategic analysis..

9. The strategic management process begins with analysis of mission, values, and objectives...

10. Anything that a firm does especially well compared to rival firms is referred to as: