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Porter

Porter's Strategic Positioning Quiz

Test your knowledge of Michael Porter's theories on strategic positioning and competitive advantage. This quiz covers essential concepts such as trade-offs, operational effectiveness, and the significance of strategic fit in business.

10 multiple-choice questions
Assess your understanding of Porter's strategies
Great for students, educators, and business practitioners

10 Questions2 MinutesCreated by AnalyzingWave532

Trategic position requires trade-offs according to Porter. In which one o f the following situations should trade-offs not occur

When there are no inconsistencies with a company ’ s image or reputation

When activities are incompatible

When there are limits to internal co -ordination and control

When machinery, people or systems are not flexible enough to cope with n ew initiatives

Which one of the following is a type of strategic fit according to Po rter?

Key success factors

Activities which are unique (

Sustainable positions

Consistency between functions

Trade-offs are essential to strategy according to Porter as they

Look at imitators

Create the need for choice limit what a company offers

Reinforce other activities towards achieving competitive advantage

Enable CIO ’ s to employ one type of technology over another but knowing the implications of such choice

Porter argued that operational effectiveness

Means performing similar activities better than rivals perform

Is limited to profitability

Means performing similar activities to competitors in different ways

Means the ability to establish a difference that a company can preserve

Strategic positions are not based on which one of the following, Porter

Variety-based positioning

Accessed- ba sed positioning

Activity for positioning

Needs-based positioning

Porter takes a traditional view of strategic positioning and in essence arg ues that it is based on a company ’ s ability to meet all of a customers need in a particular market sector

True

False

Fit is essential to strategy. According to Porter which one of the foll owing does not support his idea of fit

Fit creates system of activities which are more sustainable than other options

Fit requires high level of integration of decisions and actions

Fi t locks out imitators by creating a strong string of activities

Fit creates the need for choice and limits what a company offers

Porter, in discussing the internet, argued that

Market signals can be distorted during the early stages of the roll out of any new technologies

During the early deployment of internet technologies, the market gave accurat e signals as to long-term viability

The use of the internet in business has introduced new rule of competition , which contrast greatly to the more traditional rule of competition

Deployment of the internet increases switching cost and creates a string networkin g effect

Strategic positions are NOT based on which of the following (from Porter)

Variety-based positioning

Trade-off positioning

Accessed-based positioning

Needs-based positioning

Strategic position requires trade-offs according to Porter. In which one o f the following situations should trade-offs occur

When there are no inconsistencies with a company ’ s image or reputation

When activities are incompatible

. When there are no limits on internal coordination and control

When activities are compatible

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