BUS-110 Chapter 5 Questions
with Accurate Answers
Conceptual Skills correct answer Abilities to think in the abstract, diagnose and
analyze different situations, and see beyond the present situation.
Contingency Planning correct answer Identification of aspects of a business or its
environment that might entail changes in strategy.
Controlling correct answer Management process of monitoring an organization's
performance to ensure that it is meeting its goals.
Corporate Culture correct answer The shared experiences, stories, beliefs, and
norms that characterize an organization.
Corporate Strategy correct answer Strategy for determining a firm's overall
attitude toward growth and the way it will manages its businesses or product
lines.
Crisis Management correct answer Organization's methods for dealing with
emergencies.
Decision-Making Skills correct answer Skills in defining problems and selecting the
best courses of action.
Environmental Analysis correct answer Process of scanning he business
environment for threats and opportunities.
with Accurate Answers
Conceptual Skills correct answer Abilities to think in the abstract, diagnose and
analyze different situations, and see beyond the present situation.
Contingency Planning correct answer Identification of aspects of a business or its
environment that might entail changes in strategy.
Controlling correct answer Management process of monitoring an organization's
performance to ensure that it is meeting its goals.
Corporate Culture correct answer The shared experiences, stories, beliefs, and
norms that characterize an organization.
Corporate Strategy correct answer Strategy for determining a firm's overall
attitude toward growth and the way it will manages its businesses or product
lines.
Crisis Management correct answer Organization's methods for dealing with
emergencies.
Decision-Making Skills correct answer Skills in defining problems and selecting the
best courses of action.
Environmental Analysis correct answer Process of scanning he business
environment for threats and opportunities.
