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