* not completed

. Which of the following is a long term plan?

An objective correct incorrect

A mission correct incorrect

A strategy correct incorrect

A tactic correct incorrect

* not completed

. Which of the following sets out why the business exists?

An objective correct incorrect

A mission correct incorrect

A strategy correct incorrect

A tactic correct incorrect

* not completed

. Which of the following is a target?

An objective correct incorrect

A mission correct incorrect

A strategy correct incorrect

A tactic correct incorrect

* not completed

. Which of the following is not a feature of a strategy?

Short term correct incorrect

Major investment correct incorrect

High risk correct incorrect

Difficult to reverse correct incorrect

* not completed

. According to Ansoff a strategy of a new product in a new market is known as:

Market penetration correct incorrect

Market development correct incorrect

New product development correct incorrect

Diversification correct incorrect

* not completed

. According to Ansoff a strategy of a new product in an existing market is known as:

Market penetration correct incorrect

Market development correct incorrect

New product development correct incorrect

Diversification correct incorrect

* not completed

. According to Ansoff a strategy of an existing product in an existing market is known as

Market penetration correct incorrect

Market development correct incorrect

New product development correct incorrect

Diversification correct incorrect

* not completed

. According to Ansoff a strategy of an existing product in a new market is known as:

Market penetration correct incorrect

Market development correct incorrect

New product development correct incorrect

Diversification correct incorrect

* not completed

. Which of the following is not one of Porter's five forces?

Buyer power correct incorrect

Supplier power correct incorrect

Rivalry correct incorrect

Economic power correct incorrect

* not completed

. Which of the following is not likely to reduce the profits of established businesses in Porter's model?

High buyer power correct incorrect

High supplier power correct incorrect

Low rivalry correct incorrect

High substitute threat correct incorrect

* not completed

. SWOT analysis represents …

Strengths Weaknesses Opportunities Threats correct incorrect

Strengths Weaknesses Opportunities Treats correct incorrect

Seasons Waverers Outlines Threats correct incorrect

Sales Weaknesses Online Threats correct incorrect