NEW
Font size
WorksheetsCBMEC - FINALS
Total questions: 15
Worksheet time: 11mins
It connotes a direction and burning desire that a firm or organization would like to pursue with bulldog tenacity.
Strategic biases
Strategic thrusts
Strategic intent
All of the above
The following are the internal sub-sectors of strategic thrusts except ______.
distribution region
technology products
customer sectors
supplier sectors
It is essentially a concrete articulation of the company's vision and mission statements.
strategic objectives
strategic analysis
strategic statement
all of the above
What is the R in SMART?
Resource-oriented
Relative
Relevant
all of the above
The objective must be tied up or related to the mission statement.
Specific
Measurable
Achievable
Realistic
The objective should not be a dream or desire but should be something attainable.
Specific
Measurable
Achievable
Realistic
The objective must be concrete to the last detail and is quantifiable.
Specific
Measurable
Achievable
Realistic
The objective must be based on the firm's resource capabilities both human and other form of capital or financial resources.
Measurable
Achievable
Resource-oriented
Time-bound
These represent the desired general ends towards which efforts are directed.
Goals
Objectives
Vision
Mission
These are specific and quantified versions of goals.
Goals
Objectives
Vision
Mission
Vision-mission statement should be written in a very good and powerful language.
True
False
Neither True nor False
It speaks of a kind of stature or status the business organization would want to be in the future and in the community it belongs.
Mission statement
Vision statement
Vision-Mission Statements
All of the above
It talks about the answers to the question - "What are we here for?"
Vision statement
Mission statement
Vision-mission statements
All of the above
It concerns a firm's future business path - "Where are we going?"
Strategic goals
Strategic vision
Strategic mission
Vision-mission statements
It specifies the real arena of interest of the business organization serving as a boundary for what to do or not to do.
Broad mission statement
Narrow mission statement
Broad vision statement
Narrow vision statement
