Frameworks Quiz 6 - 180 Degrees Consulting, SRCC

Welcome to your Frameworks Quiz 6

Which quadrant in the BCG matrix typically services the other three quadrants?

Star Quadrant

Cow Quadrant

Dog Quadrant

Question Mark

Bargaining power of the consumers is high if :

Differentiation of competitors product is low

Switching costs are low for substitute products

The buyer has little information about the market

The buyer requires a high quality product for own production

Which one of the following is not a part of the Critical 7S model

Strategy

Style

Settings

Staff

Which of the following is true about preparing a SWOT Analysis?

It should focus on where the organisation is today, not where it could be in the future.

A SWOT Analysis is objective

It should be specific and avoid grey areas

It should analyse the organisation only and ignore the performance of competitors.

If the marginal revenue of ABC Ltd is less than the marginal cost then to profit maximize it should?

Reduce output

Increase output

Leave output where it is

Increase costs

What is the methodology/strategy to retain newly acquired customers?

Growth and expansion strategy

Market Entry Strategy

Research and development

Marketing strategy

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