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