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Exam (elaborations)

Strategic Management - full (2025/2026 NEWEST UPDATE) COMPLETE QUESTIONS AND VERIFIED ANSWERS ALREADY GRADED A+!!

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Strategic Management - full (2025/2026 NEWEST UPDATE) COMPLETE QUESTIONS AND VERIFIED ANSWERS ALREADY GRADED A+!!

Institution
Strategic Management
Course
Strategic management











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Institution
Strategic management
Course
Strategic management

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Uploaded on
April 26, 2025
Number of pages
36
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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Strategic Management - full

A ________ integration strategy is used by companies to benefit control or ownership of
suppliers.
A.
Ahead
B.
Backward
C.
Vertical
D.
Vortexed
E.
Horizontal - ANS-b

A clean venture assertion describes the values and priorities of an employer.
Select one:
True
False - ANS-t

A ahead integration strategy is utilized by corporations to benefit manipulate or possession of
providers.
Select one:
True
False - ANS-F

A precise undertaking declaration has _________.
A.
A shareholder orientation.
B.
A customer orientation.
C.
A profit orientation.
D.
An environmental orientation.
E.
An employee orientation.Vv - ANS-B

A assignment declaration can from time to time be known as a announcement of philosophy.
Select one:
True

,False - ANS-t

A task announcement is a statement of an organisation's purpose for being.
Select one:
True
False - ANS-T

A venture statement is excessively broad if it represents an try to reconcile differences among
an organisation's various stakeholders.
Select one:
True
False - ANS-F

A assignment announcement is generally only a easy declaration of particular information.
Select one:
True
False - ANS-f

A mission statement should consist of a clear precis of an agency's economic reputation.
Select one:
True
False - ANS-F

A undertaking announcement this is restricted sufficient to exclude a few ventures is a negative
undertaking statement.
Select one:
True
False - ANS-f

A mission assertion this is restrained enough to exclude some ventures is a negative
undertaking declaration.
Select one:
True
False - ANS-f

A assignment announcement, is an enduring statement of reason that distinguishes one
company from different similar corporations.
Select one:
True
False - ANS-t

A challenge statement, is an enduring announcement of motive that distinguishes one company
from different similar businesses.
Select one:

,True
False - ANS-T

A small nonprofit organization might in all likelihood expand a vision announcement however
now not a challenge announcement.
Select one:
True
False - ANS-F

A systematic and moral procedure for collecting and analyzing facts about the competition's
sports and preferred trends to in addition a enterprise' own goals is called _________.
A.
Aggressive advantage
B.
Aggressive intelligence
C.
Artificial intelligence
D.
Industrial espionage
E.
Unethical commercial enterprise practices - ANS-B

A total weighted score of one.Zero for an EFE Matrix indicates that the firm is responding in an
incredible manner to current opportunities and threats in its industry.
Select one:
True
False - ANS-F

A general weighted rating of one.0 for an EFE Matrix shows that the firm is responding in an
outstanding way to current opportunities and threats in its industry.
Select one:
True
False - ANS-F

A vision assertion describes an organisation's values and priorities.
Select one:
True
False - ANS-F

A imaginative and prescient assertion identifies the scope of a firm's operations in product and
marketplace phrases.
Select one:
True
False - ANS-f

, A(n) ________ with understanding in growing vision and assignment statements and with
impartial perspectives, can at times manipulate the procedure greater effectively than an internal
organization or committee of managers.
A.
Outside auditor
B.
Outside organization
C.
Out of doors system analyst
D.
Inner auditor
E.
Out of doors facilitator - ANS-E

According to Drucker, a enterprise' mission is the muse for all the following EXCEPT
_________.
A.
Plans.
B.
Priorities.
C.
Employee salary charges.
D.
Work assignments.
E.
Strategies. - ANS-c

According to I/O theorists, which of the subsequent contributes LEAST to company's
performance?
A.
Economies of scale
B.
Barriers to marketplace entry
C.
Level of competitiveness
D.
Internal sources
E.
Product differentiation - ANS-d

After a draft assignment statement has been evolved, it is critical to _________.
A.
Ask managers to put together a mission announcement for the company.

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