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