1.
Porter’s Five Forces helps analyze industry competition
2.
Value innovation means pursuing differentiation
3.
The Four-Action Framework of Risk treatment includes Eliminate, Reduce, Raise, and Create.
4.
The traditional view of risk considers risk only as a negative and possitive outcome.
5.
Risk identification is the first step in the risk management process.
6.
Red Ocean markets are highly competitive.
7.
Strategic risk affects shor and long term organizational objectives.
1 من 2
8.
Strategic management mainly focuses on:
9.
Vertical integration aims to:
10.
A Strategy Canvas primarily shows:
11.
Blue Ocean Strategy focuses on:
12.
The first step in the risk management process is:
13.
Value innovation means:
14.
Strategic management is best defined as:
15.
Which analysis focuses on macro-environmental factors?
16.
According to ISO 31000, risk is:
17.
Risk analysis mainly focuses on:
Short Essay
Strategic management enables organizations to achieve long-term success by aligning internal capabilities with external environmental changes. In complex and uncertain markets, managers must move beyond short-term profits and focus on sustainable competitive advantage. Tools such as strategy canvas help firms visualize competition and identify opportunities for value innovation. However, every strategic decision involves risk, which can affect organizational objectives positively or negatively. Therefore, effective strategy requires integrating risk management into strategic planning.
18.
The main purpose of strategic management, according to the essay, is to:
19.
Why are short-term profits considered insufficient in complex markets?
2 من 2