Online Exam 1
Question 1
Situation analysis involves the process of:
Question options:
designing and choosing appropriate organizational strategies.
analyzing the current environment of the organization.
identifying external competitive threats.
evaluating the internal aspects of the organization.
Question 2
The basic activities of strategic management include:
Question options:
offense, defense, and control.
situation analysis, strategy formulation, strategy implementation, and strategy
evaluation.
strategy development, strategy control, and strategy management.
ethics, management, and practice.
Question 3
It appears that organizations that use strategic management concepts
and techniques have higher:
Question options:
profit margins.
employee satisfaction.
levels of performance.
global involvement.
Question 4
Strategic management affects all organizational members. However,
the only issue that differs among organizational members is the:
Question options:
stage of the strategic management process.
scope of the individual's actions.
development of the strategy.
administrative impacts.
Question 5
Bases for understanding strategic management are all of the following
EXCEPT:
Question options:
managing strategically makes a difference in an organization's performance.
all organizations encounter changing situations.
, single approaches to strategy development are superior to multiple approaches.
all strategies must be evaluated and changed over time.
Question 6
Situation analysis allows the organization to focus on examining:
Question options:
operational competencies.
financial controls.
the organization's top management.
external and internal factors.
Question 7
__________ strategies are goal-directed plans and actions of the
organization's functional areas.
Question options:
Situational
Business
Competitive
Operational
Question 8
The board of directors in an organization:
Question options:
plays a significant role in corporate governance.
is responsible for the implementation of the organization's operating activities.
serves in the role of executive management.
is not an important part of the organization's strategic development.
Question 9
An organization's __________ are its goal-directed plans and actions in
which its capabilities and resources are matched with the
opportunities and threats in its environment.
Question options:
mission statements
vision statements
strategies
objectives
Question 10
Question 1
Situation analysis involves the process of:
Question options:
designing and choosing appropriate organizational strategies.
analyzing the current environment of the organization.
identifying external competitive threats.
evaluating the internal aspects of the organization.
Question 2
The basic activities of strategic management include:
Question options:
offense, defense, and control.
situation analysis, strategy formulation, strategy implementation, and strategy
evaluation.
strategy development, strategy control, and strategy management.
ethics, management, and practice.
Question 3
It appears that organizations that use strategic management concepts
and techniques have higher:
Question options:
profit margins.
employee satisfaction.
levels of performance.
global involvement.
Question 4
Strategic management affects all organizational members. However,
the only issue that differs among organizational members is the:
Question options:
stage of the strategic management process.
scope of the individual's actions.
development of the strategy.
administrative impacts.
Question 5
Bases for understanding strategic management are all of the following
EXCEPT:
Question options:
managing strategically makes a difference in an organization's performance.
all organizations encounter changing situations.
, single approaches to strategy development are superior to multiple approaches.
all strategies must be evaluated and changed over time.
Question 6
Situation analysis allows the organization to focus on examining:
Question options:
operational competencies.
financial controls.
the organization's top management.
external and internal factors.
Question 7
__________ strategies are goal-directed plans and actions of the
organization's functional areas.
Question options:
Situational
Business
Competitive
Operational
Question 8
The board of directors in an organization:
Question options:
plays a significant role in corporate governance.
is responsible for the implementation of the organization's operating activities.
serves in the role of executive management.
is not an important part of the organization's strategic development.
Question 9
An organization's __________ are its goal-directed plans and actions in
which its capabilities and resources are matched with the
opportunities and threats in its environment.
Question options:
mission statements
vision statements
strategies
objectives
Question 10
