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    Technopreneurship OED Quiz 2 LR

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    Audrey
    The document contains the questions and answers from a quiz on technopreneurship and strategic management. Based on 15 multiple choice questions, the student answered all questions correctly, receiving full marks. The quiz covered key concepts related to strategic management processes, developing a company mission and vision, identifying strengths, weaknesses, opportunities and threats, and defining competitive advantages and strategic plans.

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    Technopreneurship OED Quiz 2 LR

    Uploaded by

    Audrey
    252 views12 pages
    The document contains the questions and answers from a quiz on technopreneurship and strategic management. Based on 15 multiple choice questions, the student answered all questions correctly, receiving full marks. The quiz covered key concepts related to strategic management processes, developing a company mission and vision, identifying strengths, weaknesses, opportunities and threats, and defining competitive advantages and strategic plans.

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    Online Education #AMAOED

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    Technopreneurship OED Quiz 2 LR

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    The document contains the questions and answers from a quiz on technopreneurship and strategic management. Based on 15 multiple choice questions, the student answered all questions correctly, receiving full marks. The quiz covered key concepts related to strategic management processes, developing a company mission and vision, identifying strengths, weaknesses, opportunities and threats, and defining competitive advantages and strategic plans.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    252 views12 pages

    Technopreneurship OED Quiz 2 LR

    Uploaded by

    Audrey
    The document contains the questions and answers from a quiz on technopreneurship and strategic management. Based on 15 multiple choice questions, the student answered all questions correctly, receiving full marks. The quiz covered key concepts related to strategic management processes, developing a company mission and vision, identifying strengths, weaknesses, opportunities and threats, and defining competitive advantages and strategic plans.

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    You are on page 1of 12

    UGRD-ITE6101A

    Technopreneurship
    Quiz 2
    Question 1
    Correct

    Mark 1.00 out of 1.00

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    Question text
    which of the following is/are Strategic Management Process?
    Select one:

    Translate plans into actions.

    Formulate strategies.

    All of the above

    Establish accurate controls.


    Feedback
    Your answer is correct.

    Question 2
    Correct

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    Question text
    It is a written expression of how  the company will reflect an entrepreneur’s  values, beliefs,
    and vision – more than just  “making money.”
    Select one:
    goal

    mission

    vision

    objectives
    Feedback
    Your answer is correct.

    Question 3
    Correct

    Mark 1.00 out of 1.00

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    Question text
    which of the following is/are Strategic Management Process?
    Select one:

    Scan environment for opportunities and threats.

    Develop a vision and translate it into a  mission statement.

    All of the above

    Assess strengths and weaknesses.


    Feedback
    Your answer is correct.

    Question 4
    Correct

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    Question text
    Positive external factors the company can exploit to accomplish its mission, goals, and
    objectives.
    Select one:

    weaknesses

    strengths

    threats

    opportunities
    Feedback
    Your answer is correct.

    Question 5
    Correct

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    Question text
    Negative internal factors that inhibit a  company’s ability to accomplish its mission,  goals,
    and objectives.
    Select one:

    weaknesses

    mission

    strengths

    vision
    Feedback
    Your answer is correct.

    Question 6
    Correct

    Mark 1.00 out of 1.00

    Flag question

    Question text
    which of the following is/are Strategic Management Process?
    Select one:

    Analyze competition.

    Identify key success factors.


    Create goals and objectives.

    All of the above


    Feedback
    Your answer is correct.

    Question 7
    Correct

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    Question text
    It involves developing a game plan to guide a  company as it strives to accomplish its 
    mission, goals , and objectives, and to keep it  on its desired course.
    Select one:

    strategic management

    competitive advantage

    franchise

    strategic plan
    Feedback
    Your answer is correct.

    Question 8
    Correct

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    Flag question

    Question text
    It is the result of an entrepreneur’s dream of  something that does not exist yet and the
    ability  to paint a compelling picture of that dream for  everyone to see.
    Select one:

    mission

    objectives

    vision

    goal
    Feedback
    Your answer is correct.

    Question 9
    Correct

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    Question text
    The aggregation of factors that sets a company  apart from its competitors and gives it a
    unique  position in the market that is superior to its  competition.
    Select one:
    competitive advantage

    strategic plan

    strategic management

    franchise
    Feedback
    Your answer is correct.

    Question 10
    Correct

    Mark 1.00 out of 1.00

    Flag question

    Question text
    which of the following is/are aspects of a small company?
    Select one:

    Service they provide

    Pricing they offer

    Products they sell

    All of the above


    Feedback
    Your answer is correct.
    Question 11
    Correct

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    Question text
    Positive internal factors a company can draw on to accomplish its mission, goals, and
    objectives.
    Select one:

    mission

    vision

    weaknesses

    strengths
    Feedback
    Your answer is correct.

    Question 12
    Correct

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    Question text
    It is a road map of the actions an entrepreneur  draws up to achieve a company’s mission,
    goals, and  objectives.
    Select one:

    goals

    strategy

    purpose

    objectives
    Feedback
    Your answer is correct.

    Question 13
    Correct

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    Question text
    A clearly defined vision __________ .
    Select one:

    Provides direction

    Motivates people

    all of the above

    Determines decisions
    Feedback
    Your answer is correct.

    Question 14
    Correct

    Mark 1.00 out of 1.00

    Flag question

    Question text
    Negative external factors that inhibit the firm's ability  to accomplish its mission, goals, and
    objectives.

    Select one:

    weaknesses

    threats

    strengths

    opportunities
    Feedback
    Your answer is correct.

    Question 15
    Correct

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    Question text
    The practice of gathering,  organizing, and disseminating the  collective wisdom and
    experience  of a company’s employees for the  purpose of strengthening its  competitive
    position.
    Select one:

    purpose

    strategy

    objectives

    goals
    Feedback
    Your answer is correct.

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