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TOWNSEND EXAM 1 QUESTIONS WITH 100% VERIFIED ANSWERS 2024!!

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TOWNSEND EXAM 1 QUESTIONS WITH 100% VERIFIED ANSWERS 2024!!

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TOWNSEND EXAM 1
QUESTIONS WITH
100% VERIFIED
ANSWERS 2024!!
TOWNSEND

Evatee 8/2/24 TOWNSEND

,TOWNSEND EXAM 1 QUESTIONS WITH 100%
VERIFIED ANSWERS 2024!!


Which of the following activities are included in strategy implementation?
A. Establish annual objectives and devise policies.
B. Motivate employees and allocate resources
C. Develop a strategy-supportive culture and create an effective organizational
structure.
D. Redirect marketing efforts and prepare budgets.
E. All of the above Answer - E. All of the above


A fundamental strategy evaluation activity includes what?
A. Monitoring employees.
B. measuring performance.
C. Reviewing external and internal factors that are the bases for current
strategies.
D. Reviewing external and internal factors that are the bases for current
strategies, measuring performance and taking corrective actions.
E. Taking corrective actions Answer - D. Reviewing external and internal factors
that are the bases for current strategies, measuring performance and taking
corrective actions.


Strategic management is based on the idea that organizations should monitor
internal and external trends how often?

, A. Annually
B. Periodically
C. Monthly
D. Quarterly
E. Continually Answer - E. Continually


A firm can achieve sustained competitive advantage by doing what?
A. Continually adapting to changes in external trends and events and internal
capabilities, competencies and resources.
B. Effective formulating, implementing, and evaluating strategies that capitalize
on changes in trends and internal capabilities
C. Monitoring employees continuously
D. All of the above
E. A and B Answer - E. A and B


Who said "perfection is not attainable. but if we chase perfection, we can catch
excellence."
A. Chuck Noll Head Coach
B. George S Halas
C. Vince Lombardi
D. Tom Landry
E. President Barack Obama Answer - C. Vince Lombardi, Head Coach Green Bay
Packers


Guidelines, rules and procedures established to support implementation efforts
are called what?
A. Strengths
B. Policies

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