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