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Strategic Thinking

Total questions: 22

Worksheet time: 15mins

Name
Class
Date
1.

Which of the following are the among the 4 C's in looking at strategy.

Select all that applies

a)

Coast-line

b)

Current

c)

Calling

d)

Conduct

2.

Indicate which of the following are more strategic considerations?

Select all that applies

a)

Future state

b)

Time frame

c)

Execution Monitoring

d)

Daily Tasks

3.

Below is only one true statement. Which is it?

a)

Strategy is attending to the minute details of the execution

b)

Strategy can be easily seen and copied

c)

Strategy is looking at things at a large scale and over a longer timescale

d)

A good strategy alone is sufficient to suceed

4.

Which of the following are characteristics of strategic thoughts?

(Could be more than 1 answer)

a)

Teamwork

b)

Good communication

c)

Time Horizon

d)

Simultaneous consideration of many aspects

5.

TACVH stands for

a)

-Teamwork

-Affection

-Creativity and Innovation

-Versatility

-Holistic

b)

-Time Horizon

-Analysis

-Communication

-Versatility

-Holistic

c)

-Time Horizon

-Analysis

-Creativity and Innovation

-Versatility

-Holistic

d)

-Time Horizon

-Analysis

-Creativity and Innovation

-Velocity

-Holistic

6.

Which of the follow is true about the difference between Creativity and Innovation ?

a)

Creativity is about novel ideas. Innovation is about bringing those ideas to fruition

b)

Creativity is about ability to invent new things. Innovation is the ability to improve on the inventions

c)

Creativity is about able to communicate innovations. Innovation is about doing things in a novel way.

d)

Creativity is about looking at things differently. Innovation is thinking about how to make thigns better.

7.

Which of the following are characteristics of a versatile mind?

(More than 1 answer)

a)

Adaptable

b)

Knowledgeable

c)

Diverse

d)

Critical  

e)

None of the above

8.

What will the Balance Score Card approach provide for a business?

a)

A holistic approach that will help with the strategies for the business

b)

Show very quickly what a business needs to do

c)

Provide a framework for manager to fault find

d)

None of the above

9.

In the 4 Step Model for Information Management below, what is X :

ACQUIRE -> X -> ARCHIVE -> DISSEMINATE

a)

QUESTION

b)

DISCUSS

c)

PROCESS

d)

None of the above

10.

In Critical Thinking, there are two main types of argument which are

(select two appropriate responses)

a)

Ampliative

b)

Conclusive

c)

Deductive

d)

COmmunicative

11.

In critical thinking, which is more desirable

a)

Only the Deductive

b)

Only the Ampliative

c)

Both Ampliative and Deductive

d)

Neither Ampliative Nor Deductive

12.

Which of the following characterizes "Foresight" in strategic thinking

a)

Hire more people to increase production output.

b)

Changing the business model of a company due to technology changes

c)

Acquire another company since the price is cheap

d)

All of the above

e)

None of the above

13.

The 5 Why is a ...

a)

good way to get information from employees

b)

method used for disciplinary action for a staff

c)

problem solving method

d)

None of the above

14.

The Cause and Effect Web (CEW) is good for ..

(more than 1 answer)

a)

problem solving

b)

finding root cause to a problem

c)

search for information

d)

All of the above

15.

What is the likely advantage of the Cause and Effect Web (CEW) over the fishbone (fb) diagram?

(More than 1 correct answer)

a)

The CEW allows you to better identify which root cause has greater impact.

b)

The CEW can show the interactions of multiple effects

c)

The CEW looks prettier in presentation

d)

All responses are appropriate

16.

The strategic thinking skill to develop continuous improvement involves ..

(More than 1 answer)

a)

Leadership commitment

b)

Reward and Recognition

c)

Open Communication

d)

A good pay structure

17.

Which of the following are landscapes that are worth considering in strategic thinking ..

(More than 1 answer)

a)

Political

b)

Legal

c)

Economy

d)

Technology

18.

Which if the following are among the Porter's 5 Forces ..

(more than 1 answer)

a)

Threat of New Entrant

b)

Threat of Substitutes

c)

Supplier Power

d)

None of the above

19.

A culture is kept intact principally by ..

a)

VISITATIONS

b)

EXPECTATIONS

c)

EVALUATION

d)

ALL OF THE ABOVE

20.

Which of the following are barriers to strategic thinking..

a)

Distractions

b)

Short termism

c)

Lack of information

d)

None of the above

21.

Which of the following should be the starting point for strategic planning

a)

Establishing the Strategic Objectives

b)

The Vision and Mission

c)

Establishing the Strategic Goals

d)

None of the Above

22.

In strategic planning scheme presented, what should come after the Vision and Mission?

a)

Strategic Focus

b)

Strategic Objectives

c)

Strategic Goals

d)

Plans