A) To collect raw data B) To control employee performance C) To generate, evaluate, and select strategies D) To implement strategies
A) Random B) Fully objective C) Fully subjective D) Subjective based on objective information
A) Only external consultants B) As many managers and employees as possible C) Only the strategy team D) Only top management
A) To avoid competition B) To generate more alternative strategies C) To reduce costs D) To simplify decisions
A) IFE Matrix B) CPM C) QSPM D) EFE Matrix
A) Two B) Four C) Three D) Five
A) Summarizing basic internal and external information B) Estimating costs C) Implementing strategies D) Choosing the best strategy
A) IFE Matrix B) EFE Matrix C) SWOT Matrix D) QSPM
A) Match internal and external factors B) Rank strategies objectively C) Analyze competitors’ profits D) Measure industry growth
A) ST B) SO C) WO D) WT
A) ST B) SO C) WO D) WT
A) To sound professional B) To simplify matrices C) To avoid competition D) To estimate costs accurately
A) Does not show competitive advantage directly B) Is too complex C) Cannot generate strategies D) Requires financial data only
A) Employee performance B) nternal and external positions C) Sales and profit D) Market share and growth
A) Financial Position B) Market Growth C) Industry Position D) Stability Position
A) Defensive tactics B) Integration and intensive strategies C) Retrenchment D) Liquidation
A) Non-profit organizations B) Multidivisional firms C) Single-product firms D) Small businesses
A) Internal and external factors B) Market share and industry growth C) Profit and cost D) Strengths and weaknesses
A) Dogs B) Question Mark C) Cash Cow D) Stars
A) ROI and liquidity B) Market share and growth C) Sales and profit D) IFE and EFE total weighted scores
A) Cells I, II, and III B) Cell V only C) Cells IV, V, and VI D) Cells VII, VIII, and IX
A) Competitive position and market growth B) Culture and politics C) Profit and cost D) Strengths and weaknesses
A) Product development B) Retrenchment, divestiture, or liquidation C) Forward integration D) Market penetration
A) SPACE B) QSPM C) SWOT D) BCG
A) Generate strategies B) Objectively compare alternative strategiesAnalyze competitors C) Analyze competitors D) Implement strategies
A) They reduce creativity B) They may result in financially infeasible strategies C) They slow planning D) They affect culture
A) Both are games B) Both are easy to learn C) Both rely on luck D) Every move affects future decisions and outcomes
A) Managers ignore objectives B) Implementation focuses only on planning C) Implementation requires action, discipline, and commitment D) Strategies are always wrong
A) Has fewer tools B) Requires moving from thinking to action C) Requires moving from thinking to action D) Needs more data
A) Evaluating competitors B) Allocating resources C) Managing conflict D) Establishing annual objectives
A) Short-term, measurable milestones B) Company policies C) Long-term visions D) External opportunities
A) They serve as benchmarks for progress B) They eliminate competition C) They replace strategies D) They reduce conflict
A) Quantitative and obtainable B) Confidential C) Qualitative only D) Vague and flexible
A) Informal practices B) General ideas C) Specific guidelines that support objectives D) Long-term goals
A) To ensure clarity and consistency B) To reduce employee freedom C) To increase workload D) To replace objectives
A) Dividing profits among owners B) Hiring employees only C) Distributing resources to achieve objectives D) Reducing company assets
A) Inevitable B) Avoidable C) A sign of failure D) Always harmful
A) Confrontation B) Avoidance C) Diffusion D) Delegation
A) Strategy determines structure B) Culture determines performance C) Structure determines strategy D) Marketing drives all strategies
A) Matrix B) Divisional C) Strategic Business Unit D) Functional
A) High cost B) Functional silos and poor communication C) Too much decentralization D) Poor specialization
A) Matrix B) Strategic Business Unit C) Functional D) Divisional
A) Matrix B) SBU C) Functional D) Divisional
A) Let many managers report to one person B) Use functional structure for large firms C) Keep span of control reasonable D) Allow co-managers
A) Reconfiguring work processes B) Outsourcing all activities C) Hiring more workers D) Increasing product prices
A) Delay implementation B) Force compliance C) Ignore employee concerns D) Involve employees in decisions
A) Corporate culture only B) Logistics and costs C) Advertising D) Financial reporting
A) Eliminate competition B) Increase resistance C) Align employee behavior with goals D) Reduce diversity
A) Slow decision-making B) Reduce creativity C) Enhance competitiveness D) Increase conflict only
A) Eliminates marketing expenses B) Focuses only on pricing C) Reduces production costs D) Divides customers into meaningful groups
A) Track production output B) Measure employee satisfaction C) Calculate profits D) Show how products are viewed compared to competitors
A) Both require design software B) A good plan needs proper execution and coordination C) Both are expensive D) Both depend on marketing |