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D081 Task 2.docx D081 Task 2 Innovative and Strategic Thinking Course Code D081 A.

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D081 Task D081 Task 2 Innovative and Strategic Thinking Course Code D081 A.

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D081 Task 2.docx D081 Task 2:
Innovative and Strategic Thinking Course
Code: D081 A.
1. What is strategic thinking?

A. Focusing only on current problems
B. Considering the organization's long-term direction while evaluating opportunities and
challenges
C. Following existing procedures without question
D. Avoiding uncertainty

Correct Answer: B

Rationale: Strategic thinking considers the broader environment, future possibilities,
organizational goals, and potential consequences of decisions.



2. What is innovation?

A. Repeating established processes
B. Introducing and implementing new or improved ideas that create value
C. Eliminating all organizational risks
D. Reducing employee involvement

Correct Answer: B



3. Which characteristic is most associated with an innovative organization?

A. Resistance to experimentation
B. Openness to new ideas
C. Strict avoidance of failure
D. Limited communication

Correct Answer: B



4. What is a key difference between strategic thinking and strategic planning?

, A. Strategic thinking considers possibilities and relationships, while strategic planning translates
direction into structured actions
B. Strategic thinking is only concerned with budgets
C. Strategic planning does not involve goals
D. They are completely unrelated concepts

Correct Answer: A



5. A company examines competitors, customer preferences, regulations, and technological
changes before developing its strategy. This is primarily:

A. Environmental scanning
B. Micromanagement
C. Operational control
D. Performance appraisal

Correct Answer: A



6. What does SWOT analysis examine?

A. Sales, wages, operations, and technology
B. Strengths, weaknesses, opportunities, and threats
C. Strategy, workforce, objectives, and training
D. Systems, workflow, organization, and timing

Correct Answer: B



7. Which is an internal factor in a SWOT analysis?

A. New government regulation
B. Competitor entering the market
C. Strong employee expertise
D. Changing customer preferences

Correct Answer: C



8. Which is an external opportunity?

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