ASSESSMENT QUIZ 3 | CHAPTERS 5, 6 & 7 | QUESTIONS
AND ANSWERS | 2026 UPDATE | ALREADY PASSED
Which of the following is not a component of a SWOT analysis?
a) Strengths
b) Weaknesses
c) Observations
d) Threats Answer - c) Observations
Competitor analysis includes which of the following?
a) Who the competitor employs
b) How the competitor uses trade journals to find strategies
c) Competitor logos and colors
d) Cost structure, culture, and past strategies Answer - d) Cost structure,
culture, and past strategies
Examining strategic initiatives includes consideration of which of the following
questions?
a) Are adopted tactics still sufficient?
b) Is performance keeping pace with the industry?
, c) Is the strategy widely acclaimed in industry journals?
d) All of the above are strategic questions to be evaluated Answer - b) Is
performance keeping pace with the industry?
Once deployed, strategies will carry the organization in the desired direction.
true or false Answer - false
The process of crafting operational strategy include all of the following except:
a) Analyze operations and environment
b) Generate tactical alternatives
c) Deploy strategies
d) Measure, benchmark, review and adjust Answer - b) Generate tactical
alternatives
Data collection in a process analysis is best accomplished at a specific point in
time in order to maximize measurement accuracy.
true or false Answer - false
Major opportunities to improve processes include which of the following?
a) Decreasing use of statistical analyses that divert resources from patient care
b) Adding steps in a process to validate data gathered at earlier steps and
increase accuracy
c) Increasing variability in performance over time