Quiz on Developing Strategy
Quiz
•
English
•
12th Grade
•
Practice Problem
•
Medium
Emna Dhifallah
Used 2+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the first stage of developing a strategy?
Formation
Analysis
Goal-Setting
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is NOT a characteristic of good strategy?
Fits with resources
Increases costs
Provides overall direction
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What does SWOT analysis help identify?
Financial goals
Internal strengths and weaknesses
Customer satisfaction
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What does the acronym SMART stand for in the context of objectives?
Specific, Measurable, Achievable, Realistic, Time-bound
Simple, Manageable, Achievable, Relevant, Timely
Strategic, Measurable, Attainable, Realistic, Timed
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In the analysis stage, what is the primary focus?
Communicating with stakeholders
Gathering and analyzing information
Setting long-term goals
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the purpose of a mission statement?
To set tactical plans
To communicate goals to employees and customers
To analyze market trends
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following best describes tactical plans?
Detailed short-term plans that support strategic objectives
SWOT analysis results
Long-term vision statements
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