Bus 410 A || with Error-free Answers.
33) The emphasis of strategic management is on correct answers A) monitoring and evaluating
external opportunities and threats in light of a corporation's strengths and weaknesses.
34) Research suggests that strategic management evolves through four sequential phases in
corporations. The first phase is correct answers B) basic financial planning.
35) The time horizon involved with regard to basic financial planning is usually correct answers
A) one year.
36) A difference between basic financial planning and forecast-based planning is correct answers
B) forecast-based planning incorporates internal and external information.
37) Top-down planning that emphasizes formal strategy formulation and leaves the
implementation issues to lower management levels is known as correct answers B) externally
oriented planning.
38) In the final phase of strategic management, strategic information is available to correct
answers A) people throughout the organization.
39) In a survey of 50 corporations, which of the following was rated as a benefit of strategic
management? correct answers A) clearer sense of vision for the firm
40) When an organization is evaluating its strategic position, which is NOT one of the strategic
questions that an organization may ask itself? correct answers B) Are we a socially responsible
firm?
41) Research of the planning practices of companies in the oil industry concludes that the real
value of modern strategic planning is more correct answers B) in the strategic thinking and
organizational learning.
, 42) Strategic planning within a small organization correct answers A) may be informal and
irregular.
43) Strategic planning in a multidivisional corporation correct answers E) should be a formalized
and sophisticated system. Answer:
44) The integrated internationalization of markets and corporations is called correct answers C)
globalization.
45) One of the benefits of globalization is correct answers A) economies of scale.
46) The regional trade association composed of Argentina, Brazil, Uruguay, and Paraguay is
called correct answers D) Mercosur.
47) Members of the European Union (EU) include all of the following EXCEPT correct answers
B) Malaysia.
48) Canada, the United States, and Mexico are affiliated economically under which trade
alliance? correct answers D) NAFTA
49) The currency used to integrate the monetary systems of the European Union (EU) is called
the correct answers C) euro.
50) The triple bottom line refers to which of the following? correct answers D) traditional
profit/loss, social responsibility, and environmental responsibility.
51) Which theory proposes that once an organization is successfully established in a particular
environmental niche, it is unable to adapt to changing conditions? correct answers A) population
ecology
33) The emphasis of strategic management is on correct answers A) monitoring and evaluating
external opportunities and threats in light of a corporation's strengths and weaknesses.
34) Research suggests that strategic management evolves through four sequential phases in
corporations. The first phase is correct answers B) basic financial planning.
35) The time horizon involved with regard to basic financial planning is usually correct answers
A) one year.
36) A difference between basic financial planning and forecast-based planning is correct answers
B) forecast-based planning incorporates internal and external information.
37) Top-down planning that emphasizes formal strategy formulation and leaves the
implementation issues to lower management levels is known as correct answers B) externally
oriented planning.
38) In the final phase of strategic management, strategic information is available to correct
answers A) people throughout the organization.
39) In a survey of 50 corporations, which of the following was rated as a benefit of strategic
management? correct answers A) clearer sense of vision for the firm
40) When an organization is evaluating its strategic position, which is NOT one of the strategic
questions that an organization may ask itself? correct answers B) Are we a socially responsible
firm?
41) Research of the planning practices of companies in the oil industry concludes that the real
value of modern strategic planning is more correct answers B) in the strategic thinking and
organizational learning.
, 42) Strategic planning within a small organization correct answers A) may be informal and
irregular.
43) Strategic planning in a multidivisional corporation correct answers E) should be a formalized
and sophisticated system. Answer:
44) The integrated internationalization of markets and corporations is called correct answers C)
globalization.
45) One of the benefits of globalization is correct answers A) economies of scale.
46) The regional trade association composed of Argentina, Brazil, Uruguay, and Paraguay is
called correct answers D) Mercosur.
47) Members of the European Union (EU) include all of the following EXCEPT correct answers
B) Malaysia.
48) Canada, the United States, and Mexico are affiliated economically under which trade
alliance? correct answers D) NAFTA
49) The currency used to integrate the monetary systems of the European Union (EU) is called
the correct answers C) euro.
50) The triple bottom line refers to which of the following? correct answers D) traditional
profit/loss, social responsibility, and environmental responsibility.
51) Which theory proposes that once an organization is successfully established in a particular
environmental niche, it is unable to adapt to changing conditions? correct answers A) population
ecology
