MAN3025 CHAPTER 3 QUIZ QUESTIONS
AND ANSWERS
_____ goals are set by and for an organization's top management.
Operational
Tactical
Strategic
Diversification - Answer-Strategic
Which of the following is true of strategic plans?
They are developed by middle- and lower-level managers
They address questions of competitive advantage and synergy.
They have specific and concrete focus.
They have a short time horizon. - Answer-They address questions of competitive
advantage and synergy.
Which of the following is true of operational goals?
They concern themselves with short-term issues.
They are set by middle managers.
They focus on broad, general issues.
They are set by an organization's top managers. - Answer-They concern themselves
with short-term issues.
A line manager at a brewery sets a target for the minimum number of beer cartons that
have to be shipped out by the end of each day. This is an example of a(n) _____ goal.
tactical
program
strategic
, operational - Answer-operational
An automobile company that is the first of its kind to manufacture a car that runs solely
on solar energy is said to:
be a star.
be soldiering.
be norming.
have a distinctive competence - Answer-have a distinctive competence
Which of the following areas of the strategy specifies the range of markets in which an
organization will compete?
Resource deployment
Scope
Organizational strengths
Distinctive competence - Answer-Scope
___________refers to the choices an organization makes as to where and how much to
invest.
Resource deployment
Distinctive competence
Scope
Corporate-level strategy - Answer-Resource deployment
The set of processes involved in creating or determining the organization's strategies is
called ___.
strategy formulation
strategy
business-level strategy
strategy implementation - Answer-strategy formulation
AND ANSWERS
_____ goals are set by and for an organization's top management.
Operational
Tactical
Strategic
Diversification - Answer-Strategic
Which of the following is true of strategic plans?
They are developed by middle- and lower-level managers
They address questions of competitive advantage and synergy.
They have specific and concrete focus.
They have a short time horizon. - Answer-They address questions of competitive
advantage and synergy.
Which of the following is true of operational goals?
They concern themselves with short-term issues.
They are set by middle managers.
They focus on broad, general issues.
They are set by an organization's top managers. - Answer-They concern themselves
with short-term issues.
A line manager at a brewery sets a target for the minimum number of beer cartons that
have to be shipped out by the end of each day. This is an example of a(n) _____ goal.
tactical
program
strategic
, operational - Answer-operational
An automobile company that is the first of its kind to manufacture a car that runs solely
on solar energy is said to:
be a star.
be soldiering.
be norming.
have a distinctive competence - Answer-have a distinctive competence
Which of the following areas of the strategy specifies the range of markets in which an
organization will compete?
Resource deployment
Scope
Organizational strengths
Distinctive competence - Answer-Scope
___________refers to the choices an organization makes as to where and how much to
invest.
Resource deployment
Distinctive competence
Scope
Corporate-level strategy - Answer-Resource deployment
The set of processes involved in creating or determining the organization's strategies is
called ___.
strategy formulation
strategy
business-level strategy
strategy implementation - Answer-strategy formulation
