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