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