Business-Planning

Business-Planning

12th Grade

10 Qs

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Business-Planning

Business-Planning

Assessment

Passage

Business

12th Grade

Hard

Created by

Kristi Boyd

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of strategic planning according to Anthony Taylor?

To increase financial profits immediately

To align the organization towards a common vision and mission

To focus solely on external market trends

To reduce the number of employees in the organization

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many components are mentioned in the strategic planning process?

Four

Five

Three

Two

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first part of the strategic planning process?

Setting up goals and objectives

Identifying the vision

Defining the mission

Getting inputs on where we are now

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which analysis is recommended for understanding the external environment?

Stakeholder engagement survey

SWOT analysis

PESTLE analysis

Internal analysis

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is crucial for creating a vision for the organization?

Focusing on past achievements

Ignoring external factors

Describing the vision as vividly as possible

Limiting the vision to financial goals

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the mission of an organization help to accomplish?

It helps in reducing costs

It focuses on competitor analysis

It aids in employee recruitment

It moves the organization towards its vision

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is described as the DNA of the organization?

The financial goals

The values or culture

The vision statement

The strategic plan

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