Strategic Management BBA

Quiz
•
Business
•
University
•
Medium
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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