STRATEGIC MANAGEMENT

STRATEGIC MANAGEMENT

Professional Development

10 Qs

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STRATEGIC MANAGEMENT

STRATEGIC MANAGEMENT

Assessment

Quiz

Other

Professional Development

Practice Problem

Hard

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GERALDINE SUAREZ

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is a continuous process of strategy creation.

strategic analysis

strategic implementation

strategic management

none of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is more popular than strategic management

strategic analysis

strategic planning

strategy formulation

all of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Organizations conduct their businesses by offering:

less products

few products

innovative products

expensive products

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Comparative advantage is the accomplishment of a high level of productivity that is characterized by efficiency in the context of lean and quantifiable management.

YES

NO

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A medium/long-range plan is prepared:

every monthly

for one year

from three to five, ten or more years

less than one year

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Strategic thinking is:

is the cognitive process of competently and analytically weighing factors and arriving at critical decisions

consist of a systematic evaluation

is efficiently employed

is the capability of an organization to possess relevant and related knowledge, abilities and foresight

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The vision of an organization:

is a nicely and attractively worded slogan of the organization

motivates the organization to go where it wants to go

is the same as its mission

is an individual goal of a department

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