D664 OBJECTIVE ASSESSMENT EXAM
EXAMINATION TEST 2026 FULL QUESTIONS
AND CORRECT SOLUTIONS
◉ organic structure. Answer: An organizational form that
emphasizes flexibility
◉ Provides a perspective on where the organization is headed.
Offers a worthwhile target for the entire organization to achieve..
Answer: Describe the concepts of a strategic vision (intent), mission,
and goals
◉ It is a method to help managers analyze the competitive
environment and adapt to or influence the nature of their
competition.. Answer: What is Porter's Five Forces Model and how is
it used in the strategic planning process.
◉ A comparison of strengths, weaknesses, opportunities, and
threats that helps executives formulate strategy.. Answer: What are
the components of a SWOT analysis and how are they used in the
strategic planning process?
,◉ Concentration, vertical integration, concentric diversification,
conglomerate diversification.. Answer: What are the types of
corporate strategies that organizations can use?
◉ Forward - firm gains increased control over it's previous
customers (distributors or retailers)
Backward - firm gains increased control over it's previous suppliers..
Answer: What are the differences between backward and forward
vertical integration?
◉ Low-cost strategies - being efficient and offering a standard, no
frills product (large companies)
Differentiation strategy- being unique in its industry or market
segment along one or more dimensions. (high product quality).
Answer: What are the two kinds of business strategies and how do
companies use them to gain competitive advantage?
◉ 1 est. mission, vision, and goals
2 analysis of external opportunities and threats
3 analysis of internal strengths and weaknesses
4 SWOT analysis and strategy formulation
5 strategy implementation
, 6 strategic control. Answer: Steps in the strategic planning process
◉ sequence of activities that flow from raw materials to the delivery
of a good or service, adding value with each step.
Purpose- to pay close attention which enables managers to add
customer value + build competitive advantage.. Answer: What does
the value chain concept mean, and the purpose of the value chain
analysis?
◉ mechanistic- seeks to maximize internal efficiency
organic- emphasizes flexibility.. Answer: What are the differences
between mechanistic and organic organizational structure?
◉ integrative approach to management that supports the attainment
of customer satisfaction through a wide variety of tools and
techniques that result in high quality goods and services.. Answer:
What is a TQM system?
◉ it helps them operate in a more team-oriented manner. Answer:
How does implementing a TQM system benefit an organization?
EXAMINATION TEST 2026 FULL QUESTIONS
AND CORRECT SOLUTIONS
◉ organic structure. Answer: An organizational form that
emphasizes flexibility
◉ Provides a perspective on where the organization is headed.
Offers a worthwhile target for the entire organization to achieve..
Answer: Describe the concepts of a strategic vision (intent), mission,
and goals
◉ It is a method to help managers analyze the competitive
environment and adapt to or influence the nature of their
competition.. Answer: What is Porter's Five Forces Model and how is
it used in the strategic planning process.
◉ A comparison of strengths, weaknesses, opportunities, and
threats that helps executives formulate strategy.. Answer: What are
the components of a SWOT analysis and how are they used in the
strategic planning process?
,◉ Concentration, vertical integration, concentric diversification,
conglomerate diversification.. Answer: What are the types of
corporate strategies that organizations can use?
◉ Forward - firm gains increased control over it's previous
customers (distributors or retailers)
Backward - firm gains increased control over it's previous suppliers..
Answer: What are the differences between backward and forward
vertical integration?
◉ Low-cost strategies - being efficient and offering a standard, no
frills product (large companies)
Differentiation strategy- being unique in its industry or market
segment along one or more dimensions. (high product quality).
Answer: What are the two kinds of business strategies and how do
companies use them to gain competitive advantage?
◉ 1 est. mission, vision, and goals
2 analysis of external opportunities and threats
3 analysis of internal strengths and weaknesses
4 SWOT analysis and strategy formulation
5 strategy implementation
, 6 strategic control. Answer: Steps in the strategic planning process
◉ sequence of activities that flow from raw materials to the delivery
of a good or service, adding value with each step.
Purpose- to pay close attention which enables managers to add
customer value + build competitive advantage.. Answer: What does
the value chain concept mean, and the purpose of the value chain
analysis?
◉ mechanistic- seeks to maximize internal efficiency
organic- emphasizes flexibility.. Answer: What are the differences
between mechanistic and organic organizational structure?
◉ integrative approach to management that supports the attainment
of customer satisfaction through a wide variety of tools and
techniques that result in high quality goods and services.. Answer:
What is a TQM system?
◉ it helps them operate in a more team-oriented manner. Answer:
How does implementing a TQM system benefit an organization?
