Quiz-1 Div-A Strategic Management

A set of managerial decisions and actions that determines the long-run performance of a corporation is called _________________.

Which of the following is not a phase of strategic management:

• A. Basic recruitment planning

• B. Forecast-based planning

• C. Externally oriented strategic planning

• D. Strategic management

The integrated internationalization of markets and corporations is called as _____________.

Once an organization is successfully established in a particular environmental niche, it is unable to adapt to changing conditions. This is the theory of ___.

• A. Population ecology

• B. Strategic choice perspective

• C. Organizational learning theory

• D. Institution theory

Not only do organizations adapt to a changing environment, but also have the opportunity and power to reshape their environment. This is the theory of ___________________.

• A. Population ecology

• B. Strategic choice perspective

• C. Organizational learning theory

• D. Institution theory

What is the deal value of proposed Microsoft acquisition of Call of Duty maker Activision Blizzard?

• A. $68 billion

• B. $69 billion

• C. $67 billion

• D. $70 billion

The monitoring, evaluating and disseminating of information from the external and internal environments to key people within the organization is referred to as __________________________.

Purpose or reason for the organization’s existence is referred to as _______.

• A. Mission

• B. Vision

• C. Objectives

• D. Policy

Google’s health care plan includes their onsite medical staff.

Any employee who feels ill at work can make an appointment with the doctor at the Googleplex.

This supports Google’s HRM functional strategy.

This is an example of _______________.

• A. Mission

• B. Vision

• C. Objectives

• D. Policy

The process by which strategies and policies are put into action through the development of programs, budgets, and procedures is referred to as ________________.

• A. Environmental scanning

• B. Strategy formulation

• C. Strategy implementation

• D. Evaluation and control