CM 4223 Midterm Kimberley Williams (Quiz) –
Questions With Correct Solutions
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Practice questions for this set
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Intensity of competition ________ in Generally, external opportunities and
1 2
lower-return industries. threats are:
The purpose of a mission statement is Long-term objectives should be all of
3 4
to declare all of these the following
Don't know?
Terms in this set (32)
Generally, external uncontrollable by a single organization
opportunities and threats
are:
The goal of Strategic achieve and maintain competitive advantage
Management is to:
, The Internet has transferred businesses; individuals
power from ________ to ________.
Long-term objectives continually changing
should be all of the
following EXCEPT
measurable
Long-term objectives reasonable
should be all of the
following challenging
consistent
The fact that Apple has no has enabled it to remain financially lean.
manufacturing facilities of
its own
An organization's vision answers the question: "What do we want to become?"
statement
The strategic-management logical; systematic; objective
process represents a(n)
________, ________, and ________
approach for determining
an enterprise's future
direction.
Firms, like organisms, must True
be "adept at adapting" or
they will not survive.
According to Drucker, what When the firm is successful
is the best time to ask
"What do we want to
become?" and "What is our
business?"?
The general public is social responsibility; profitability
especially interested in
________, whereas
stockholders are more
interested in ________.
Questions With Correct Solutions
Save
Practice questions for this set
Learn 1 /7 Study with Learn
is highest
Choose an answer
Intensity of competition ________ in Generally, external opportunities and
1 2
lower-return industries. threats are:
The purpose of a mission statement is Long-term objectives should be all of
3 4
to declare all of these the following
Don't know?
Terms in this set (32)
Generally, external uncontrollable by a single organization
opportunities and threats
are:
The goal of Strategic achieve and maintain competitive advantage
Management is to:
, The Internet has transferred businesses; individuals
power from ________ to ________.
Long-term objectives continually changing
should be all of the
following EXCEPT
measurable
Long-term objectives reasonable
should be all of the
following challenging
consistent
The fact that Apple has no has enabled it to remain financially lean.
manufacturing facilities of
its own
An organization's vision answers the question: "What do we want to become?"
statement
The strategic-management logical; systematic; objective
process represents a(n)
________, ________, and ________
approach for determining
an enterprise's future
direction.
Firms, like organisms, must True
be "adept at adapting" or
they will not survive.
According to Drucker, what When the firm is successful
is the best time to ask
"What do we want to
become?" and "What is our
business?"?
The general public is social responsibility; profitability
especially interested in
________, whereas
stockholders are more
interested in ________.
