A) Third B) Final C) First D) Second
A) It reduces competition B) Strategies never change C) It helps organizations adapt to changes D) It replaces strategy formulation
A) Done only by top management B) A continuous process C) Done every five years D) Done only at year-end
A) BCG and IE B) QSPM and CPM C) EFE and IFE D) SWOT and SPACE
A) Are strengths and weaknesses still accurate? B) Are profits increasing? C) Are competitors reacting? D) Are strategies confidential?
A) Current plans and budgets B) Employees and managers C) Past and future strategies D) Expected results and actual results
A) Customer satisfaction B) Product quality C) Employee morale D) Market share
A) Employee morale B) Return on investment C) Sales growth D) Profit margin
A) Underlying factors remain stable B) Performance is significantly below expectations C) Strategies are popular D) Performance exceeds expectations
A) Eliminate all risks B) Increase bureaucracy C) Replace management D) Realign operations with strategic objectives
A) Robert Kaplan and David Norton B) Alfred Chandler C) Michael Porter D) Peter Drucker
A) Market-based only B) Balanced across multiple perspectives C) Internally focused D) Financial only
A) Internal Business Process B) Customer C) Financial D) Learning and Growth
A) Customer B) Financial C) Community D) Learning and Growth
A) Daily operations B) Financial auditing C) Oversight and direction by the board D) Marketing control
A) Shareholders B) Employees C) Managers D) Customers
A) Hiring all employees B) Managing daily operations C) Monitoring CEO performance D) Creating marketing campaigns
A) Have more than 15 members B) Encourage interlocking directorships C) Let the CEO always be chairperson D) Keep the board small and efficient
A) Fully analytical B) Purely intuitive C) Based on guesswork D) A blend of intuition and analysis
A) “What if?” scenarios B) Competitor analysis C) Long-term budgeting D) Employee training
A) Faster decision-making B) Higher market share C) Accountability and compliance D) Employee motivation
A) Thick documents B) Strict routines C) People and dialogue D) Bureaucratic processes
A) Keep strategies secret B) Pursue many strategies C) Avoid bad news D) Strengthen “Good ethics is good business”
A) Shows only financial data B) Provides continuous feedback for adjustment C) Works only at the end D) Looks technical |