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