Strategic Management BBA

Strategic Management BBA

University

15 Qs

quiz-placeholder

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Strategic Management BBA

Strategic Management BBA

Assessment

Quiz

Business

University

Medium

Created by

Yousuf Ali

Used 33+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Developing a vision and a mission statement is important because of the following reasons EXCEPT:

They are useful for large firms only

They establish organizational culture

They are the basis for allocating resources

They translate objectives into work structure

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

In which of the following phase of strategic management, annual objectives are especially important? 

Formulation

Evaluation

Implementation

Management

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which group would be classified as a stakeholder? 

Communities

Banks

Suppliers

All of the given options 

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Defensive strategies include all of the following EXCEPT

Retrenchment

Acquisition

Divestiture

Liquidation

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is the process of influencing people to accomplish specific objectives?

Staffing

Motivating

Controlling

Organizing

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

In Competitive Profile Matrix, the rating 4 indicates what? 

Major weakness

Major strength 

Minor strength

Minor weakness

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Internal analysis involves gathering and analyzing the information about all areas of a firm EXPECT:

Research and development

Management information system

Marketing

Competitors

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