
SPECIAL EXAMINATION
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Professional Development
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University
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Practice Problem
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Medium
RAYMOND ABESAMIS
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26 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
He is the former CEO of Colgate.
Reuben Mark
Peter Drucker
John Keane
Louis Gerstner
2.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
The key characteristics of an effective mission statement are the following, except:
Declaration of attitude
Stakeholder inclusivity
Balance of specificity and generality
Employee Orientation
3.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
It is crucial because employees must connect personally with the company’s purpose to foster true commitment.
Vision
Mission
Emotional bond
Employee involvement
4.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
Strategic decision-making is important to the following except:
Firm’s customer
Firm’s Chief Operating Officer
Firm’s Division Manager
Firm’s Board of Director
5.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
Among the significant benefits of applying strategy are the following, except:
Strategy provides impetus for commercial success
Strategy highlights where the business is profitable and why
Strategy shows managers where business skills need to be added or strengthened
Strategy limits the manager’s understanding of their customers and competitors
6.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
It can be defined as the art and science of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives.
Strategic Management
Optimization
Coopetition
Strategic Planning
7.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
The three stages of the strategic management process are the following, except:
Strategy Formulation
Strategy Implementation
Strategy Evaluation
Strategy Planning
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