Accounting Strategy Multiple Choice Questions with Answers – PDF Download

MCQ 1: In response to challenges arisen by competitors and new entrants, the strategy which must be considered by the company does include:

1. cost leadership
2. demand inelasticity
3. differentiated products
4. both a and c

MCQ 2: An organization's ability to offer market offerings at lower prices, in comparison with its competitors is known as:

1. inelastic demand
2. product differentiation
3. cost leadership
4. elastic demand

MCQ 3: An ability of an organization, to offer its services or products that must be perceived by customers as unique and superior, in comparison to its competitors is called:

1. inelastic demand
2. product differentiation
3. cost leadership
4. elastic demand

MCQ 4: In strategy formulation, the forces that must be focused for industry analysis include:

1. potential entrants in market
2. customer's bargaining power
3. supplier's bargaining power
4. all of above

MCQ 5: The way an organization matches its capabilities with available opportunities to accomplish its goals is called:

1. elasticity incurrence
2. off shoring
3. strategy
4. engineering