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Strategic Planning & Implementation Flashcards

7 cards from real Sports and Fitness practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Strategic Planning & Implementation flashcards as text
  1. A personal training studio wins clients by offering the lowest prices in the market. Which of Porter's generic strategies is it using?

    Answer: Cost leadership

    Cost leadership competes by being the lowest-cost provider.

  2. A boutique cycling studio charges premium prices for unique lighting, music, and coaching experiences. Which strategy does this show?

    Answer: Differentiation

    Differentiation relies on unique features customers will pay more for.

  3. In the Ansoff Matrix, a sporting goods retailer selling its existing products in a new region is pursuing which strategy?

    Answer: Market development

    Market development takes existing products into new markets.

  4. Which tool best shows a project timeline with start and end dates for each task, such as renovating a stadium?

    Answer: Gantt chart

    A Gantt chart shows tasks across a timeline with their start and end dates.

  5. During implementation of a new membership app, staff resist using it. According to Kotter's change model, what should leaders do first?

    Answer: Create a sense of urgency

    Kotter's first step is to create a sense of urgency so people support the change.

  6. A university athletic program uses metrics for finances, customers, internal processes, and learning and growth. Which framework is this?

    Answer: Balanced Scorecard

    The Balanced Scorecard tracks performance across four perspectives, not just financial results.

  7. A fitness chain sets aside a backup plan in case a pandemic forces facility closures. What type of plan is this?

    Answer: Contingency plan

    Contingency plans prepare alternative actions for unexpected events.

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