MGT 401 Quiz 1 & 2 | Questions and Correct Solutions Latest update

MGT 401 Quiz 1 & 2 | Questions and Correct Solutions Latest update Which of the following best completes the sentence? The vision Statement should______ A) describe what the firm strives to do to achieve its mission B) describe what the firm strives to be, at some future time C) Both A and B D) Neither A nor B - Answer - B) describe what the firm strives to be, at some future time Which statement is NOT true? a) The phrase, "A Strategy Is Only As Good As Its Implementation", aligns most closely with the definition of strategy offered by Dr. Ann Huff and colleagues. b) The phrase, "A Strategy Is Only As Good As Its Implementation", aligns most closely with the definition of strategy offered by Hambrick & Fredrickson. c) The phrase, "A Strategy Is Only As Good As Its Implementation", captures the importance of human capital to a firm's strategy. d) The phrase, "A Strategy Is Only As Good As Its Implementation", makes clear that poor organizational controls may sabotage a firm's strategy. e) All four statements are true. - Answer - b) The phrase, "A Strategy Is Only As Good As Its Implementation", aligns most closely with the defi