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Strategic Planning Quiz

Authored by Tiên Phước

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Strategic Planning Quiz
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89 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is strategic planning also known as?

Strategy Implementation

Strategy Formulation

Strategy Evaluation

Tactical Planning

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Strategic planning is defined as the art and science of:

Implementing and controlling cross-functional decisions

Evaluating cross-functional decisions only

Formulating, implementing, and evaluating cross-functional decisions

Monitoring organizational performance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT one of the key components of strategic planning?

Visio

Mission

Budget

Objectives

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many fundamental stages does the strategic management process consist of?

Two

Three

Four

Five

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which stage of strategic management involves putting the formulated strategies into action?

Strategy Formulation

Strategy Implementation

Strategy Evaluation

Strategy Analysis

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the mission statement answer?

"What do we want to become?"

"What is our business?"

"How will we achieve our goals?"

"When will we achieve our objectives?"

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best describes objectives in strategic planning?

Broad statements of purpos

Specific results that an organization seeks to achieve

The means by which long-term objectives will be achieved

A systematic approach to planning

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