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WorksheetsStrategic Management (prelims)
Total questions: 10
Worksheet time: 8mins
The process of planning, monitoring, analysis and assessment of all necessities that an organization needs to meet its aims and objectives.
How many phases does Strategic Management Process have?
Strategy forming is -
fixing short term goals
gathering data from within the organization and the market
all data and information collected are used to form a unique strategy
the stage where all employees involved in the process should have a clear idea of the plan
This involves analyzing, managing, tracking and evaluating every step in the strategic management plan.
goal setting
monitoring
implement the strategy
strategy forming
SWOT Analysis allows you to inspect your organization's _____.
internal factors
external factors
both internal and external factors
none is correctin the choices
The strength and weaknesses in your organization are included in the -
Internal factors
External factors
Opportunities and threats are present in the organization's _____
internal factors
external factors
Two types of strategies in the strategic management concept -
(a)
What Greek word does "strategy" came from?
What is the meaning of "strategos"?
art of war
