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This activity contains 15 questions.

Question 1.
The four factors of a high-performance business are stakeholders, processes, resources, and organization.

End of Question 1

Question 2.
SWOT analysis is one of the four planning activities that all corporate headquarters must undertake.

End of Question 2

Question 3.
Diversification growth makes sense when good opportunities can be found outside the present business.

End of Question 3

Question 4.
Product development strategy refers to the strategy of offering new products to current markets.

End of Question 4

Question 5.
The first step of business strategic planning process is goal formulation.

End of Question 5

Question 6.
The global expansion of business has created the need for alliances.

End of Question 6

Question 7.
A company does not need to track the results of its strategy implementations.

End of Question 7

Question 8.
Product development offers modified or new products to current markets.

End of Question 8

Question 9.
SWOT analysis evaluates the customer’s overall strengths, weaknesses, opportunities and threats.

End of Question 9

Question 10.
Strategic planning is the process of developing and maintaining a strategic fit between the organization’s goals and capabilities and its changing marketing opportunities.

End of Question 10

Question 11.
Skills and objectives are a part of the micro environmental forces affecting the company.

End of Question 11

Question 12.
Customers, competitors, distribution channels, and suppliers are all micro environmental forces

End of Question 12

Question 13.
History is not one of the four natures of high performance.

End of Question 13

Question 14.
Corporate, division, business, and product are all major organizational levels.

End of Question 14

Question 15.
The starting point of any business is to define the stakeholders and their needs.

End of Question 15

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