Strategic management primarily focuses on:
Executive Leadership IIBM

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Professional Development
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Professional Development
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ANKIT WALIA
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50 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Short-term profits
Employee satisfaction
Long-term organizational success
Operational cost-cutting
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The first step in the strategic management process is:
Evaluation
Environmental scanning
Strategy implementation
Marketing
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A mission statement answers:
What the organization dreams of becoming
Why the organization exists
Who is the CEO
How competitors behave
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is NOT a characteristic of a good vision statement?
Inspirational
Future-oriented
Time-bound
Broad
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Strategic intent was coined by:
Michael Porter
Henry Mintzberg
Gary Hamel and C.K. Prahalad
Peter Drucker
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
SMART objectives are:
Strategic, Measurable, Accurate, Realistic, Time-bound
Specific, Measurable, Achievable, Relevant, Time-bound
Simple, Measurable, Actionable, Reliable, Tested
Structured, Measured, Applied, Reasonable, Timed
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Vision focuses on the:
Past
Present
Immediate issues
Future
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