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