Strategy Evaluation

Strategy Evaluation

University

8 Qs

quiz-placeholder

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Strategy Evaluation

Strategy Evaluation

Assessment

Quiz

Business

University

Practice Problem

Medium

Created by

Rafiduraida Rahman

Used 3+ times

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Competitive advantage is normally the result of superiority in resources, skills, or

A) employees

B) position

C) consistency

D) feasibility.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

 The first activity in the strategy-evaluation process is to

A) develop organizational goals.

B) examine the underlying bases of a firm's strategy.

C) compare expected results with actual results.

D) take corrective actions to ensure that performance conforms to plans.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

 A revised ________ should indicate how effective a firm's strategies have been in response to key opportunities and threats.

A) IFE Matrix

B) mission

C) EFE Matrix

x

D) vision

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A firm takes corrective actions during strategy evaluation. Which of the following is NOT a type of corrective action?

A) Alter strategies

B) Replace one or more key individuals

A

C) Revise objectives

d) Take on more debt

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT one of the perspectives from which the Balanced Scorecard allows firms to evaluate strategies?

A) Social responsibility

B) Financial performance

D) Internal business processes

E) Learning and growth

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________ plans can be defined as alternative plans that can be put into effect if certain key events do not occur as expected.

A) Evaluation

B) Scenario

D) Contingency

D) Forecast

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The question 'Can the strategy be attempted within the physical, human and financial resources of the firm?' is related to _______

A) consistency

B) consonance

D) advantage

E) feasibility

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