Business Accounting Finance Marketing and HR :: Business Strategy Job Interview Questions and Answers

Business Strategy Interview Questions and Answers will guide us now that a business strategy is a plan of action designed to achieve a particular goal. The word strategy has military connotations, because it derives from the Greek word for general. Strategy is distinct from tactics. Learn Business Strategy concepts with this Business Level Strategy Interview Questions with Answers guide

1 ► Why is game theory useful in developing competitive strategy?
2 ► Which of the following explanations best defines the meaning of hyper-competitive strategies?
3 ► Lock-in, as described by Hax and Wilde, is achieved when?
4 ► What is meant by focused differentiation?
5 ► How might an organization sustain and win a price war?
6 ► Competitive advantage based on differentiation derives from?
7 ► The equivalent to competitive advantage in public services is?
8 ► Three ways of sustaining competitive advantage are?
9 ► Sustainable differentiation is most likely in the following circumstances?
10 ► A differentiation strategy is defined as?
11 ► A successful hybrid strategy is:
12 ► The fundamental requirement for a successful price led strategy is:
13 ► A Strategic Business Unit is: