
Understanding Strategic Management Concepts
Quiz
•
Business
•
University
•
Practice Problem
•
Medium
Josephine Appiah-Agyekum
Used 1+ times
FREE Resource
Enhance your content in a minute
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of strategy in a business context?
A detailed plan for day-to-day operations.
A long-term plan designed to achieve specific goals.
A short-term financial forecast.
A list of company policies.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a level of strategy?
Corporate strategy
Business strategy
Functional strategy
Operational strategy
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a characteristic of a good strategy?
It is vague and flexible.
It is specific and measurable.
It is based on assumptions.
It is reactive rather than proactive.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is the first stage in strategic management?
Strategy implementation
Strategy evaluation
Strategy formulation
Goal setting
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does strategic management involve?
Only the planning of strategies.
The formulation, implementation, and evaluation of strategies.
The execution of day-to-day tasks.
The management of financial resources.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which level of strategy focuses on how to compete successfully in particular markets?
Corporate strategy
Business strategy
Functional strategy
Operational strategy
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary focus of corporate strategy?
Day-to-day operations
Long-term growth and overall scope of the organisation
Marketing and sales tactics
Employee training programmes
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
15 questions
PFM7 - P/E and PEG Ratios
Quiz
•
University
19 questions
KMNBNFM01 TA 1
Quiz
•
University
15 questions
Marketing Management and Concepts Quiz
Quiz
•
University
20 questions
Operational Risk Management
Quiz
•
University
15 questions
ADVERTISING AND PUBLIC RELATIONS
Quiz
•
University
25 questions
Taglines
Quiz
•
KG - Professional Dev...
20 questions
Corporate Governance in India
Quiz
•
University
16 questions
Foreign Trade Terms Quiz
Quiz
•
University
Popular Resources on Wayground
5 questions
This is not a...winter edition (Drawing game)
Quiz
•
1st - 5th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
10 questions
Identify Iconic Christmas Movie Scenes
Interactive video
•
6th - 10th Grade
20 questions
Christmas Trivia
Quiz
•
6th - 8th Grade
18 questions
Kids Christmas Trivia
Quiz
•
KG - 5th Grade
11 questions
How well do you know your Christmas Characters?
Lesson
•
3rd Grade
14 questions
Christmas Trivia
Quiz
•
5th Grade
20 questions
How the Grinch Stole Christmas
Quiz
•
5th Grade
Discover more resources for Business
26 questions
Christmas Movie Trivia
Lesson
•
8th Grade - Professio...
20 questions
christmas songs
Quiz
•
KG - University
20 questions
Holiday Trivia
Quiz
•
9th Grade - University
15 questions
Holiday Movies
Quiz
•
University
14 questions
Christmas Trivia
Quiz
•
3rd Grade - University
20 questions
Christmas Trivia
Quiz
•
University
8 questions
5th, Unit 4, Lesson 8
Lesson
•
KG - Professional Dev...
20 questions
Disney Trivia
Quiz
•
University
