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REVISIÓN 2: STRATEGIC ISSUES

Authored by Martha Bocanegra

Business

11th Grade

Used 1+ times

REVISIÓN 2: STRATEGIC ISSUES
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11 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are strategic issues?

Strategic issues are minor problems that can be easily resolved.
Strategic issues refer to daily operational tasks within an organization.
Strategic issues are critical challenges or opportunities that impact an organization's long-term objectives.
Strategic issues are only relevant to the finance department.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of strategic planning in an organization?

To increase employee turnover.
To minimize operational costs without strategy.
To define direction and allocate resources effectively.
To enhance customer dissatisfaction.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is considered a strategic issue in a company?

Market competition and resource allocation.
Annual holiday parties
Office decoration choices
Employee satisfaction surveys

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a SWOT analysis used for in strategic decision-making?

To determine the company's annual budget.
To analyze customer satisfaction surveys.
To assess internal and external factors influencing strategic decisions.
To evaluate employee performance metrics.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a key factor in addressing strategic issues in an organization?

Effective communication
Rigid hierarchy
Ignoring feedback
Lack of planning

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of strategy focuses on expanding market reach and increasing product offerings?

Cost-cutting strategy
Diversification strategy
Stability strategy
Growth strategy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best describes a “competitive advantage” in strategic terms?

A strategy to reduce costs without improving quality.
A method to increase market share through aggressive pricing.
Attributes that allow an organization to outperform its competitors.
A plan to enhance customer service without changing product offerings.

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