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C483 Practice questions Questions and Correct Answers/ Latest Update / Already Graded

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1.)The planning level with the shortest time horizon is known as _____ planning. A)operational B)tactical C)managerial D)developmental E)vertical Ans: A.) Operational 2.)The planning process is similar to the _____ process in that both have a series of steps that are typically repeated in a cycle. A)strategy-mapping B)tactical alignment 2 | Page C)goal-setting D)decision-making E)environmental analysis Ans: D.) Decision-making 3.)In a SWOT analysis, the absence of reliable suppliers would be considered as a(n): A)weakness and a threat. B)weakness. C)strength. D)opportunity. E)threat. Ans: B.) Weakness

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C483 Practice questions Questions and
Correct Answers/ Latest Update /
Already Graded
1.)The planning level with the shortest time horizon is known as _____

planning.


A)operational


B)tactical


C)managerial


D)developmental


E)vertical


Ans: A.) Operational




2.)The planning process is similar to the _____ process in that both

have a series of steps that are typically repeated in a cycle.


A)strategy-mapping


B)tactical alignment

,2 | Page

C)goal-setting


D)decision-making


E)environmental analysis


Ans: D.) Decision-making




3.)In a SWOT analysis, the absence of reliable suppliers would be

considered as a(n):


A)weakness and a threat.


B)weakness.


C)strength.


D)opportunity.


E)threat.


Ans: B.) Weakness

,3 | Page

4.)A _____ system is a component of the strategic management

process designed to support managers in evaluating the

organization's progress


with its strategy and, when discrepancies exist, taking corrective

action.


A)span of control


B)strategic control


C)strategic support


D)dynamic network


E)strategic integration


Ans: B.) Strategic Control




5.)The strategy an organization uses to build competitive advantage

by being unique in its industry or market segment along one or more


dimensions is known as a(n) _____ strategy.


A)integrated

, 4 | Page

B)differentiation


C)functional


D)low-cost


E)concentration


Ans: B.) Differentiation




6.)Which of the following is one among the six components of the

strategic management process?


A)Skill improvement plan


B)Technology assessment


C)Stakeholder analysis


D)SWOT analysis


E)Stockholder reporting


Ans: D.) SWOT Analysis

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