qtri cl- test4

What is the following content that is not part of the strategic management process?

• Implementing the strategy

• Define strategies

• Strategic review

• Establishing a relationship with partner

• Environmental analysis

Which of the following is NOT the role of strategic management?*

• Business strategy helps businesses realize their purpose in the future

• Business strategy contributes to improving the efficiency of using resources, strengthening the position of enterprises

• Business strategy helps businesses seize and take advantage of business opportunities

• Business strategy helps to create a solid basis for businesses to make decisions suitable to market fluctuations

• Business strategy is not intended to help businesses define their mission, vision, core values and goals

Business strategy does NOT include:

• Global strategy

• Functional-level strategy

• Link strategy

• Enterprise-level strategy

• Business unit-level strategy

According to Michael E Porter's comprehensive strategic governance model, what basic steps does the strategic implementation process take?*

• 2

• 4

• 3

• 5

Activities aimed at setting goals and strategies for the implementation of the specified objectives  are:

• Information system

• Organizational structure of the business

• Human being

• Infrastructure

What is the first thing to do in the process of strategic administration?

• Analysis of the environment inside and outside the organization

• Identify strategic objectives

• Strategic planning at all levels

• Define the organzation's mission, vision, and strategic objectives

Is the legal status of the organization subject to macro factors?

• Demographics and labor

• Economic

• Socio-cultural

• Politics-law

External environmental analysis has a purpose, meaning:

• All the statements stated are true

• Focus on identifying important variables to take appropriate response action

• Identify and assess opportunities and risks from the external environment

• Identify positive and negative trends from the environment impacting the organization

• Establish a limited portfolio of opportunities that benefit the organization and challenges to avoid

Is the micro-environment included?

• Antitrust law

• Population

• Natural environment

• Costomer

An enterprise related to the international business environment is one that has the activities:

• Having overseas production/service facilities

• Import and export of goods/services

• Domestic production, consumed in the outer gums

• All the ideas stated