ACCA 2026 BT Business Management Business Strategy Free Quiz 2

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ACCA 2026 BT Business Management Business Strategy Free Quiz 2

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ACCA 2026 BT Business Management Business Strategy Free Quiz 2

Practice ACCA 2026 BT Business Management MCQs from Business Strategy. Get instant results with Explanation.

General10 MCQs

1. What is tacit knowledge?

A. Tacit knowledge is difficult to articulate and transfer, often gained through experienceB. Tacit knowledge is easily written down and sharedC. Tacit knowledge is the same as explicit knowledgeD. Tacit knowledge is only found in large organisations

2. What are core competencies?

A. Core competencies are easily imitated by competitorsB. Core competencies are only related to financial resourcesC. Core competencies are not important for strategyD. Core competencies are unique capabilities that provide competitive advantage

3. What is the value chain concept in strategic management?

A. The value chain includes only primary activitiesB. The value chain includes primary and support activities that create valueC. The value chain is only relevant for manufacturing companiesD. The value chain is the same as the supply chain

4. What is a strategic business unit (SBU)?

A. An SBU is the same as a departmentB. An SBU does not have its own strategyC. An SBU is a distinct business unit with its own mission and strategyD. An SBU is only found in small organisations

5. What is portfolio analysis in strategic management?

A. Portfolio analysis helps allocate resources across business units based on their performanceB. Portfolio analysis is only used for financial reportingC. Portfolio analysis is not a strategic toolD. Portfolio analysis focuses only on market share

General10 MCQs

6. What is strategic implementation?

A. Strategic implementation is the same as strategy formulationB. Strategic implementation is not importantC. Strategic implementation only involves budgetingD. Strategic implementation involves putting strategy into action through structure, culture, and resources

7. What is contingency planning?

A. Contingency planning is the same as strategic planningB. Contingency planning prepares for potential future events and crisesC. Contingency planning is not necessary for most organisationsD. Contingency planning only applies to natural disasters

8. What are the four perspectives of the balanced scorecard?

A. The balanced scorecard has two perspectives: financial and customerB. The balanced scorecard has three perspectives: financial, customer, and internalC. The balanced scorecard has four perspectives: financial, customer, internal processes, and learning and growthD. The balanced scorecard is only for financial measurement

9. What is strategic drift?

A. Strategic drift occurs when strategy becomes less relevant to the environment due to lack of adaptationB. Strategic drift is a deliberate change in strategyC. Strategic drift is the same as strategic planningD. Strategic drift only affects small organisations

10. What is corporate social responsibility (CSR)?

A. CSR is only about charitable donationsB. CSR is not relevant to business strategyC. CSR is the same as corporate governanceD. CSR involves obligations to society and stakeholders beyond profit-making

📋 ACCA - Test Online Practice Quizzes

ACCA

Conducting Body: Association of Chartered Certified Accountants

Frequency: Exam Frequency Year Round | Time: 360 Minutes

Negative Marking: No

⚡ Test Pattern (Total: 116 MCQs):

Business and Technology: 46 MCQs
Management Accounting: 35 MCQs
Financial Accounting: 35 MCQs
Corporate and Business Law: 45 MCQs

Merit Formula: -

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