Which of the following strategic questions can be used to assess a company's industry and competitive environment? (Check all that apply.)Multiple select question.What strategic moves should the company make to reduce overhead in the short term?What are the key factors of competitive success?What strategic moves are rivals likely to make next?Does the industry outlook offer good prospects for profitability?

Of the following questions, which would NOT be used to assess a company's industry and competitive environment?Multiple choice question.What forces are driving industry change?What kinds of competitive forces are industry members facing, and how strong is each force?Which financial objectives should be used to measure company performance?Do industry characteristics offer sellers opportunities for growth and attractive profits?

Identify the key questions considered during the formulation of a corporate strategy for a large, multidivisional firm. (Check all that apply.)Multiple select question.How should the business strategy be supported in terms of structure and infrastructure?How to manage risks?How should the firm compete?How to measure business performance?What businesses to acquire?What businesses to divest?

Select all that applyIdentify the critical questions that need to be addressed during the formulation of a functional strategy for a firm. (Check all that apply.)Multiple select question.What businesses to acquire and how to manage risks?How should the firm compete?What are the critical resources that the firm has to manage?What metrics should the firm have in place to ensure that they are making progress on their plans?How should the firm coordinate the activities with those of the other functional areas within the firm to enhance the ability of the firm?What businesses to divest and how to measure business performance?

Which of the following is not one of the questions that must be answered in thinking strategically about a company’s external environment?Multiple ChoiceWhat kinds of competitive forces are industry members facing, and how strong is each force?What market positions do industry rivals occupy—who is strongly or weakly positioned, and who is not?What are the strategically relevant factors in the company’s macro-environment?What are the company’s competitively valuable resources and capabilities that can be used to form the foundation of its competitive approach?What forces are driving changes in the industry, and what impact will these changes have on competitive intensity and industry profitability?

The final question in the strategic marketing process is "how will we get there?". Answering this question involves:Multiple select question.core strengths and environmental scanhow to allocate resourcesdetailed competitive analysishow to implement plans into actions