Strategic Management (prelims)

Strategic Management (prelims)

University

10 Qs

quiz-placeholder

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Strategic Management (prelims)

Strategic Management (prelims)

Assessment

Quiz

Business

University

Practice Problem

Medium

Created by

des castillo

Used 4+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

The process of planning, monitoring, analysis and assessment of all necessities that an organization needs to meet its aims and objectives.

Operational Planning
Tactical Management
Resource Allocation
Strategic Management

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many phases does Strategic Management Process have?

4
5
3
6

3.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

Strategy forming is -

fixing short term goals

gathering data from within the organization and the market

all data and information collected are used to form a unique strategy

the stage where all employees involved in the process should have a clear idea of the plan

4.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

This involves analyzing, managing, tracking and evaluating every step in the strategic management plan.

goal setting

monitoring

implement the strategy

strategy forming

5.

MULTIPLE CHOICE QUESTION

45 sec • 4 pts

SWOT Analysis allows you to inspect your organization's _____.

internal factors

external factors

both internal and external factors

none is correctin the choices

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The strength and weaknesses in your organization are included in the -

Internal factors

External factors

7.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

Opportunities and threats are present in the organization's _____

internal factors

external factors

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