STRATEGIC MANAGEMENT EXAMINATION QUESTIONS
AND CORRECT ANSWER WITH EXPLANATION STUDY
GUIDE GRADED A+ SOUTHERN NEW HAMPSHIRE
UNIVERSITY
1. Strategic management is:
A. Day-to-day supervision
B. Formulation and implementation of long-term goals and strategies
C. Arrest procedures
D. Court sentencing
Answer: B
Rationale: It focuses on long-term organizational direction.
2. A strategy is:
A. Random action
B. A plan to achieve long-term objectives
C. Legal punishment
D. HR policy only
Answer: B
Rationale: Strategy is a roadmap to goals.
3. Vision statement describes:
A. Daily tasks
B. Desired future position of the organization
C. Court rules
D. Crime control
Answer: B
Rationale: It defines long-term aspiration.
4. Mission statement defines:
A. Future dreams only
B. Organization’s purpose and reason for existence
C. Salary structure
D. Police rules
Answer: B
Rationale: Core purpose of the organization.
,5. SWOT analysis stands for:
A. Sales, Work, Output, Time
B. Strengths, Weaknesses, Opportunities, Threats
C. Systems, Work, Organization, Tools
D. Strategy, Work, Operation, Training
Answer: B
Rationale: Strategic assessment tool.
6. External environment includes:
A. Employees only
B. Economic, political, social, technological factors
C. Internal departments
D. HR policies only
Answer: B
Rationale: Outside organizational control.
7. Internal environment includes:
A. Government
B. Resources, culture, structure
C. Market trends
D. Competitors
Answer: B
Rationale: Inside organization factors.
8. Competitive advantage is:
A. Losing market share
B. Unique strength over competitors
C. Legal advantage
D. Crime advantage
Answer: B
Rationale: Business superiority.
9. Corporate strategy deals with:
A. Single product only
B. Overall direction of organization
C. Court systems
D. Arrest procedures
Answer: B
Rationale: Highest-level strategy.
, 10. Business-level strategy focuses on:
A. Entire country
B. How to compete in a market
C. Court systems
D. Crime prevention
Answer: B
Rationale: Competitive positioning.
11. Functional strategy relates to:
A. National laws
B. Departments like HR, finance, marketing
C. Courts
D. Police
Answer: B
Rationale: Department-level strategy.
12. Strategic planning involves:
A. Random decisions
B. Setting long-term goals and actions
C. Arrest plans
D. Court rulings
Answer: B
Rationale: Future-oriented planning.
13. Strategic management process includes:
A. Arrest, trial, punishment
B. Formulation, implementation, evaluation
C. Crime, law, court
D. Hiring only
Answer: B
Rationale: Three key stages.
14. Environmental scanning is:
A. Ignoring environment
B. Monitoring external and internal environment
C. Arresting competitors
D. Court inspection
Answer: B
Rationale: Collecting strategic information.
AND CORRECT ANSWER WITH EXPLANATION STUDY
GUIDE GRADED A+ SOUTHERN NEW HAMPSHIRE
UNIVERSITY
1. Strategic management is:
A. Day-to-day supervision
B. Formulation and implementation of long-term goals and strategies
C. Arrest procedures
D. Court sentencing
Answer: B
Rationale: It focuses on long-term organizational direction.
2. A strategy is:
A. Random action
B. A plan to achieve long-term objectives
C. Legal punishment
D. HR policy only
Answer: B
Rationale: Strategy is a roadmap to goals.
3. Vision statement describes:
A. Daily tasks
B. Desired future position of the organization
C. Court rules
D. Crime control
Answer: B
Rationale: It defines long-term aspiration.
4. Mission statement defines:
A. Future dreams only
B. Organization’s purpose and reason for existence
C. Salary structure
D. Police rules
Answer: B
Rationale: Core purpose of the organization.
,5. SWOT analysis stands for:
A. Sales, Work, Output, Time
B. Strengths, Weaknesses, Opportunities, Threats
C. Systems, Work, Organization, Tools
D. Strategy, Work, Operation, Training
Answer: B
Rationale: Strategic assessment tool.
6. External environment includes:
A. Employees only
B. Economic, political, social, technological factors
C. Internal departments
D. HR policies only
Answer: B
Rationale: Outside organizational control.
7. Internal environment includes:
A. Government
B. Resources, culture, structure
C. Market trends
D. Competitors
Answer: B
Rationale: Inside organization factors.
8. Competitive advantage is:
A. Losing market share
B. Unique strength over competitors
C. Legal advantage
D. Crime advantage
Answer: B
Rationale: Business superiority.
9. Corporate strategy deals with:
A. Single product only
B. Overall direction of organization
C. Court systems
D. Arrest procedures
Answer: B
Rationale: Highest-level strategy.
, 10. Business-level strategy focuses on:
A. Entire country
B. How to compete in a market
C. Court systems
D. Crime prevention
Answer: B
Rationale: Competitive positioning.
11. Functional strategy relates to:
A. National laws
B. Departments like HR, finance, marketing
C. Courts
D. Police
Answer: B
Rationale: Department-level strategy.
12. Strategic planning involves:
A. Random decisions
B. Setting long-term goals and actions
C. Arrest plans
D. Court rulings
Answer: B
Rationale: Future-oriented planning.
13. Strategic management process includes:
A. Arrest, trial, punishment
B. Formulation, implementation, evaluation
C. Crime, law, court
D. Hiring only
Answer: B
Rationale: Three key stages.
14. Environmental scanning is:
A. Ignoring environment
B. Monitoring external and internal environment
C. Arresting competitors
D. Court inspection
Answer: B
Rationale: Collecting strategic information.
