C483 Practice questions Questions and
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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
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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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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
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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