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Business Strategy Quiz

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1. What does the term 'SWOT analysis' mean in business strategy?

2. What is the primary purpose of a business strategy?

3. What is a 'value proposition' in business strategy?

4. What are 'core competencies' in the context of business strategy?

5. Which of these is not typically part of Porter's Five Forces model?

6. In a business strategy, what does 'cost leadership' entail?

7. What is 'differentiation strategy' in business strategy?

8. What is a 'mission statement' in the context of a business strategy?

9. What typically does a business strategy NOT focus on?

10. Which of the following best defines a 'strategic objective' in a business strategy?