MGMT 351 Exam 5 2024/2025 Exam
Questions and Verified Answers |
Already Graded A+
An organization's external alignment refers to consistency among its
policies and activities to take advantage of - 🧠 ANSWER ✔✔opportunities
present in the external environment
Th investigation of how the benefits or costs of a decision will change with
different assumptions is known as a(n) - 🧠 ANSWER ✔✔sensitivity
analysis
Strategic flexibility - 🧠 ANSWER ✔✔the ability to shift course and alter
investments and operations to deal with changing conditions
The loss of potential benefits from nonchosen alternatives when another
alternative is selected is referred to as - 🧠 ANSWER ✔✔opportunity costs
What are the four areas of qualitative competitor analysis? - 🧠 ANSWER
✔✔goals, assumptions, strategy, and capabilities
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 1
STATEMENT. ALL RIGHTS RESERVED
,The process of setting organizational goals at multiple levels and
evaluating performance against these goals is known as - 🧠 ANSWER
✔✔management by objectives
Which of the following differentiates long-term decisions made by a
business or organization from short-term decisions? Long-term decisions
are - 🧠 ANSWER ✔✔hard to reverse and having continuing consequences
Which organizational action most clearly involves strategy? - 🧠 ANSWER
✔✔creating a mission statement
A retailer offering children's accessories, shoes and clothing wants to
increase sales. Research shows that the company's largest competitor
sells clothing, but not shoes or accessories. What question about this
competitor is being assessed? - 🧠 ANSWER ✔✔where is the competitor
vulnerable?
Strategic decisions are considered cross-functional because they - 🧠
ANSWER ✔✔effectively integrate all the functional areas of a business
A manufacturer who wants to sell drones in Brazil and Argentina considers
three strategies: exporting its products, building a new manufacturing
facility in South America, or entering into a licensing agreement with an
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 2
STATEMENT. ALL RIGHTS RESERVED
, existing firm. This reflects which component of strategic decision making? -
🧠 ANSWER ✔✔vehicles
Who is typically responsible for formulating and implementing
organizational strategy? - 🧠 ANSWER ✔✔upper-level management
The investigation of how the benefits or costs of a decision will change with
different assumptions is known as a(n) - 🧠 ANSWER ✔✔sensitivity
analysis
What are the four areas of qualitative competitor analysis? - 🧠 ANSWER
✔✔goals, assumptions, strategy, and capabilities
Financial resources are an internal factor that is important for determining
strengths and weaknesses of a company to achieve - 🧠 ANSWER
✔✔internal alignment
Management by objectives is the process of - 🧠 ANSWER ✔✔setting and
evaluating organizational goals at multiple levels
The loss of potential benefits from nonchosen alternatives when another
alternative is selected is referred to as - 🧠 ANSWER ✔✔opportunity costs
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 3
STATEMENT. ALL RIGHTS RESERVED
Questions and Verified Answers |
Already Graded A+
An organization's external alignment refers to consistency among its
policies and activities to take advantage of - 🧠 ANSWER ✔✔opportunities
present in the external environment
Th investigation of how the benefits or costs of a decision will change with
different assumptions is known as a(n) - 🧠 ANSWER ✔✔sensitivity
analysis
Strategic flexibility - 🧠 ANSWER ✔✔the ability to shift course and alter
investments and operations to deal with changing conditions
The loss of potential benefits from nonchosen alternatives when another
alternative is selected is referred to as - 🧠 ANSWER ✔✔opportunity costs
What are the four areas of qualitative competitor analysis? - 🧠 ANSWER
✔✔goals, assumptions, strategy, and capabilities
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 1
STATEMENT. ALL RIGHTS RESERVED
,The process of setting organizational goals at multiple levels and
evaluating performance against these goals is known as - 🧠 ANSWER
✔✔management by objectives
Which of the following differentiates long-term decisions made by a
business or organization from short-term decisions? Long-term decisions
are - 🧠 ANSWER ✔✔hard to reverse and having continuing consequences
Which organizational action most clearly involves strategy? - 🧠 ANSWER
✔✔creating a mission statement
A retailer offering children's accessories, shoes and clothing wants to
increase sales. Research shows that the company's largest competitor
sells clothing, but not shoes or accessories. What question about this
competitor is being assessed? - 🧠 ANSWER ✔✔where is the competitor
vulnerable?
Strategic decisions are considered cross-functional because they - 🧠
ANSWER ✔✔effectively integrate all the functional areas of a business
A manufacturer who wants to sell drones in Brazil and Argentina considers
three strategies: exporting its products, building a new manufacturing
facility in South America, or entering into a licensing agreement with an
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 2
STATEMENT. ALL RIGHTS RESERVED
, existing firm. This reflects which component of strategic decision making? -
🧠 ANSWER ✔✔vehicles
Who is typically responsible for formulating and implementing
organizational strategy? - 🧠 ANSWER ✔✔upper-level management
The investigation of how the benefits or costs of a decision will change with
different assumptions is known as a(n) - 🧠 ANSWER ✔✔sensitivity
analysis
What are the four areas of qualitative competitor analysis? - 🧠 ANSWER
✔✔goals, assumptions, strategy, and capabilities
Financial resources are an internal factor that is important for determining
strengths and weaknesses of a company to achieve - 🧠 ANSWER
✔✔internal alignment
Management by objectives is the process of - 🧠 ANSWER ✔✔setting and
evaluating organizational goals at multiple levels
The loss of potential benefits from nonchosen alternatives when another
alternative is selected is referred to as - 🧠 ANSWER ✔✔opportunity costs
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 3
STATEMENT. ALL RIGHTS RESERVED
