©THEBRIGHT EXAM SOLUTIONS
11/05/2024 12:06 PM
MGT 499 CH 1. Strategic Management
Exam Questions With Correct Answers
Which of the following are evaluated during the analysis process of strategic management? (Check all
that apply.) - answer✔internal environment
strategic goals
external environment
Which of the following are key attributes of strategic management? (Check all that apply.) -
answer✔Directs the organization toward overall goals and objectives
Incorporates both short-term and long-term perspectives
Includes multiple stakeholders in decision making
Strategic management is directed toward a company's ______. - answer✔goals and objectives
Which of the following statements about the strategic management process is true?
Multiple choice question. - answer✔The three processes are highly interdependent.
Which of the following are stakeholder groups that managers should consider when making decisions?
(Check all that apply.) - answer✔board of directors
stockholders
the community
Managers are analyzing the firm's ______ when managers are studying its competitors.
Multiple choice question. - answer✔external environment
Strategies often fail when managers fail to do which of the following? (Check all that apply.) -
answer✔analyze the company's overarching goals
conduct a thorough analysis of the external and internal environments
11/05/2024 12:06 PM
MGT 499 CH 1. Strategic Management
Exam Questions With Correct Answers
Which of the following are evaluated during the analysis process of strategic management? (Check all
that apply.) - answer✔internal environment
strategic goals
external environment
Which of the following are key attributes of strategic management? (Check all that apply.) -
answer✔Directs the organization toward overall goals and objectives
Incorporates both short-term and long-term perspectives
Includes multiple stakeholders in decision making
Strategic management is directed toward a company's ______. - answer✔goals and objectives
Which of the following statements about the strategic management process is true?
Multiple choice question. - answer✔The three processes are highly interdependent.
Which of the following are stakeholder groups that managers should consider when making decisions?
(Check all that apply.) - answer✔board of directors
stockholders
the community
Managers are analyzing the firm's ______ when managers are studying its competitors.
Multiple choice question. - answer✔external environment
Strategies often fail when managers fail to do which of the following? (Check all that apply.) -
answer✔analyze the company's overarching goals
conduct a thorough analysis of the external and internal environments
