Strat Man 2025 Week 2

The External Environment analysis is part of...

• Strategy Evaluation

• Strategy Formulation

• Strategy Implementation

• Strategy Monitoring

An intended strategy always gets realised

• True

• False

A vision statement focuses on a company's future

• True

• False

"To promote a lifelong enjoyment of sports among children" is an example of

• vision statement

• mission statement

"To sell at least 10,000 tickets for each home game of the next season" is

• an official goal

• an operative goal

• an operational goal

• an objective

What the T stands for in SMART?

• Timely

• Time-bound

• Temporary

• Transitional

"To increase attendance for each home game of the next season" is a SMART objective

• True

• False

Which of the following is an example of long-term goal?

• To win 30 games in the next season

• To win the next two away games

• To provide entertainment to our fans

• To increase the fan base by 10% in 5 years

The mission statement is an example of

• official goal

• operational goal

• departmental goal

• operative goal

What is the main flaw of David's model?

• There is no internal environment analysis

• Strategy implementation precedes strategy formulation

• Measurement and evaluation stage is left in the end

• There is no external environment analysis