age 1 of 66
Essentials of Strategic Management ACTUAL EXAM
QUESTIONS AND CORRECT DETAILED ANSWERS WITH
RATIONALES || 100% GUARANTEED PASS <RECENT
VERSION>
Which of the following illustrates the self-concept component of
a mission statement?
B. We are committed to leapfrogging ongoing competition
within 1,000 days by unleashing the constructive and creative
abilities and energies of each of our employees.
B. Our emphasis is on North American markets, although global
opportunities will be explored.
C. To earn our customer's loyalty, we listen to them, anticipate
their needs, and act to create value in their eyes.
,age 2 of 66
D. To compensate its employees with remuneration an fringe
benefits competitive with other employment opportunities in its
geographical area and commensurate with their contributions
toward efficient corporate operations.
E. In this respect, the company will conduct its operations
prudently and will provide the profits and growth which will
assure our ultimate success. .......Answer.........B. We are
committed to leapfrogging ongoing competition within 1,000
days by unleashing the constructive and creative abilities and
energies of each of our employees.
What can be defined as the art and science of formulating,
implementing and evaluating cross-functional decisions that
enable an organization to achieve its objectives?
.......Answer.........Strategic Management
,age 3 of 66
What types of skills are especially critical for successful strategy
implementation?
A. Marketing
B. Technical
C. Visionary
D. Conceptual
E. Interpersonal .......Answer.........E. Interpersonal
Military strategy is based on an assumption of ________,
whereas business strategy is based on an assumption of
________.
A. conflict; cooperation
B. conflict; competition
, age 4 of 66
C. cooperation; conflict
D. competition; conflict
E. cooperation; competition .......Answer.........Conflict; Competition
________ is NOT a strategy-implementation activity.
A. Taking corrective actions
B. Establishing annual objectives
C. Devising policies
D. Allocating resources
E. Motivating employees .......Answer.........A. Taking corrective
actions
The strategic-management process is becoming more widely
used by
Essentials of Strategic Management ACTUAL EXAM
QUESTIONS AND CORRECT DETAILED ANSWERS WITH
RATIONALES || 100% GUARANTEED PASS <RECENT
VERSION>
Which of the following illustrates the self-concept component of
a mission statement?
B. We are committed to leapfrogging ongoing competition
within 1,000 days by unleashing the constructive and creative
abilities and energies of each of our employees.
B. Our emphasis is on North American markets, although global
opportunities will be explored.
C. To earn our customer's loyalty, we listen to them, anticipate
their needs, and act to create value in their eyes.
,age 2 of 66
D. To compensate its employees with remuneration an fringe
benefits competitive with other employment opportunities in its
geographical area and commensurate with their contributions
toward efficient corporate operations.
E. In this respect, the company will conduct its operations
prudently and will provide the profits and growth which will
assure our ultimate success. .......Answer.........B. We are
committed to leapfrogging ongoing competition within 1,000
days by unleashing the constructive and creative abilities and
energies of each of our employees.
What can be defined as the art and science of formulating,
implementing and evaluating cross-functional decisions that
enable an organization to achieve its objectives?
.......Answer.........Strategic Management
,age 3 of 66
What types of skills are especially critical for successful strategy
implementation?
A. Marketing
B. Technical
C. Visionary
D. Conceptual
E. Interpersonal .......Answer.........E. Interpersonal
Military strategy is based on an assumption of ________,
whereas business strategy is based on an assumption of
________.
A. conflict; cooperation
B. conflict; competition
, age 4 of 66
C. cooperation; conflict
D. competition; conflict
E. cooperation; competition .......Answer.........Conflict; Competition
________ is NOT a strategy-implementation activity.
A. Taking corrective actions
B. Establishing annual objectives
C. Devising policies
D. Allocating resources
E. Motivating employees .......Answer.........A. Taking corrective
actions
The strategic-management process is becoming more widely
used by
