1
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Test 1 Cornerstone Questions and Answers
(100% Correct Answers) Already Graded
A+
What is strategic thinking? [ ANS: ] Analyzing opportunities and
problems from a broad perspective and understanding your
actions' potential impact on others.
Which of the following is a personal trait that is characteristic of
strategic thinkers? [ ANS: ] Viewing challenges as opportunities
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Other characteristics that are personal traits to strategic thinkers? [
ANS: ] Curiosity, Flexibility, Focus on the Future, and breadth of
knowledge and experience
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What are the 2 phases of the strategic thinking process? [ ANS: ]
Setting the stage and applying your skills.
What do you do in phase 1(setting the stage) of the strategic
thinking process? [ ANS: ] seek to understand the broader business
environment in which you operate and clarify your strategic
objectives.
What do you do in phase 2 of the strategic thinking process? [
ANS: ] apply strategic thinking skills, which include identifying
relationships, patterns, and trends; thinking creatively; analyzing
information; prioritizing your actions; and making trade-offs
How do strategic thinkers continually improve their view of the
larger "business ecosystem" in which they operate? [ ANS: ] They
understand their company's and unit's strategies; consider what's
going on with customers, competitors, and their industry; and take
into account how their actions might affect others in their
organization.
, 2
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Your boss has just defined an urgent strategic objective for you:
"Enhance quality to improve company performance." As a
strategic thinker, how might you best respond to your boss's
mandate initally? [ ANS: ] Ask your boss QUESTIONS, such as "What
do you mean by enhanced quality?" Where should we focus our
quality-enhancement efforts?
When your boss defines strategic objectives for you, it's important
to ensure that you understand those objectives in the most
specific terms possible....true or false? [ ANS: ] True
Identifying relationships, patterns and trends is an important
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strategic thinking skill. Which of the following is an example of this
skill in action? [ ANS: ] At a conference, you hear a presenter
describe a new process-improvement approach being used in a
different industry. you consider adapting that process in your own
Guru01 - Stuvia
company.
T or F...spotting opportunites to leverage best practices from
industries very different from yours is an example of the ability to
identify relationships, patterns and trends---particularly in
seemingly unrelated arenas. [ ANS: ] true
Creative thinking constitutes an important strategic thinking skill.
Which of the following is a valuable outcome of creative thinking?
[ ANS: ] An open attitude toward seemingly bizarre ideas that your
company hasn't considered before.
T or false....creative thinking doesn't boost your chances of
ultimately selecting the best possible course of action [ ANS: ]
false....it does
Analyzing information is another key strategic thinking skill. which
of the following is an example of how you might apply this skill? [
ANS: ] Borrow from previously developed solutions that proved
useful for addressing problems such as one you're dealing with
currently.
For Expert help and assignment solutions, +254707240657
Test 1 Cornerstone Questions and Answers
(100% Correct Answers) Already Graded
A+
What is strategic thinking? [ ANS: ] Analyzing opportunities and
problems from a broad perspective and understanding your
actions' potential impact on others.
Which of the following is a personal trait that is characteristic of
strategic thinkers? [ ANS: ] Viewing challenges as opportunities
© 2025 Assignment Expert
Other characteristics that are personal traits to strategic thinkers? [
ANS: ] Curiosity, Flexibility, Focus on the Future, and breadth of
knowledge and experience
Guru01 - Stuvia
What are the 2 phases of the strategic thinking process? [ ANS: ]
Setting the stage and applying your skills.
What do you do in phase 1(setting the stage) of the strategic
thinking process? [ ANS: ] seek to understand the broader business
environment in which you operate and clarify your strategic
objectives.
What do you do in phase 2 of the strategic thinking process? [
ANS: ] apply strategic thinking skills, which include identifying
relationships, patterns, and trends; thinking creatively; analyzing
information; prioritizing your actions; and making trade-offs
How do strategic thinkers continually improve their view of the
larger "business ecosystem" in which they operate? [ ANS: ] They
understand their company's and unit's strategies; consider what's
going on with customers, competitors, and their industry; and take
into account how their actions might affect others in their
organization.
, 2
For Expert help and assignment solutions, +254707240657
Your boss has just defined an urgent strategic objective for you:
"Enhance quality to improve company performance." As a
strategic thinker, how might you best respond to your boss's
mandate initally? [ ANS: ] Ask your boss QUESTIONS, such as "What
do you mean by enhanced quality?" Where should we focus our
quality-enhancement efforts?
When your boss defines strategic objectives for you, it's important
to ensure that you understand those objectives in the most
specific terms possible....true or false? [ ANS: ] True
Identifying relationships, patterns and trends is an important
© 2025 Assignment Expert
strategic thinking skill. Which of the following is an example of this
skill in action? [ ANS: ] At a conference, you hear a presenter
describe a new process-improvement approach being used in a
different industry. you consider adapting that process in your own
Guru01 - Stuvia
company.
T or F...spotting opportunites to leverage best practices from
industries very different from yours is an example of the ability to
identify relationships, patterns and trends---particularly in
seemingly unrelated arenas. [ ANS: ] true
Creative thinking constitutes an important strategic thinking skill.
Which of the following is a valuable outcome of creative thinking?
[ ANS: ] An open attitude toward seemingly bizarre ideas that your
company hasn't considered before.
T or false....creative thinking doesn't boost your chances of
ultimately selecting the best possible course of action [ ANS: ]
false....it does
Analyzing information is another key strategic thinking skill. which
of the following is an example of how you might apply this skill? [
ANS: ] Borrow from previously developed solutions that proved
useful for addressing problems such as one you're dealing with
currently.
