C9 – Strategic Planning

_____ is long-range planning that focuses on the organization as a whole.

• Strategic Planning
• Commitment principle
• Strategy
• Strategic management

_____ is a management guideline that advises managers to commit funds for planning only if they can anticipate, in the foreseeable future, a return on planning expenses as a result of long-range planning analysis.

• Strategic Planning
• Commitment principle
• Strategy
• Strategic management

_____ is a broad and general plan developed to reach long-term objectives; it is the end result of strategic planning.

• Strategic Planning
• Commitment principle
• Strategy
• Strategic management

_____ is the process of ensuring that an organization possesses and benefits from the use of an appropriate organizational strategy.

• Strategic Planning
• Commitment principle
• Strategy
• Strategic management

_____ is the study of the organizational environment to pinpoint environmental factors that can significantly influence organizational operations.

• Environmental analysis
• General environment
• Industry environment
• Five Forces Model

_____ is the level of an organization's external environment that contains components normally having broad, long-term implications for managing the organization; its components are economic, social, political, legal, and technological.

• General environment
• Environmental analysis
• Industry environment
• Five Forces Model

_____ is the level of an organization's external environment that contains components normally having relatively specific and immediate implications for managing the organization.

• Industry environment
• Environmental analysis
• General environment
• Five Forces Model

_____ outlines the primary forces that determine competitiveness within an industry and illustrates how those forces are related.

• Five Forces Model
• Environmental analysis
• General environment
• Industry environment

_____ is the process of determining appropriate courses of action for achieving organizational objectives and thereby accomplishing the organizational purpose.

• Strategy Formulation
• Environmental analysis
• General environment
• Industry environment

_____ is, in business portfolio analysis, a significant organizational segment that is analyzed to develop organizational strategy aimed at generating future business or revenue.

• Strategic business unit (SBU)
• Environmental analysis
• General environment
• Industry environment