BUSINESS MANAGEMENT CAPSTONE
WRITTEN PROJECT QGT1 ACTUAL EXAM
PAPER 2026 QUESTIONS WITH ANSWERS
GRADED A+
⩥ All of these are pitfalls an organization should avoid in strategic
planning EXCEPT
a. using plans as a standard for measuring performance.
b. using strategic planning to gain control over decisions and resources.
c. failing to involve key employees in all phases of planning.
d. too hastily moving from mission development to strategy formulation.
e. being so formal in planning that flexibility and creativity are stifled.
Answer: using plans as a standard for measuring performance.
⩥ Why Do Some Firms Not Do Strategic Planning. Answer: Lack of
knowledge in strategic planning and Poor reward structures for planning.
⩥ Which of the following is/are a benefit of strategic planning to a firm?
a. enhanced communication
b. deeper understanding
,c. greater commitment
d. final results
e. all of the above. Answer: All of the above
⩥ What can be defined as the art and science of formulating,
implementing and evaluating cross-functional decisions that enable an
organization to achieve its objectives?. Answer: Strategic management
⩥ Which phase of strategic management is called the action phase?.
Answer: Strategy implementation
⩥ What are the means by which long-term objectives will be achieved?.
Answer: Strategies
⩥ What step in the strategic development process involves mobilizing
employees and managers to put strategies into action?. Answer: Strategy
implementation
⩥ Which of the following is NOT a pitfall an organization should avoid
in strategic planning?
a. Failing to communicate the plan to employees
b. Involving all managers rather than delegating planning to a "planner"
c. Top managers not actively supporting the strategic-planning process
, d. Doing strategic planning only to satisfy accreditation or regulatory
requirements
e. Failing to create a collaborative climate supportive of change.
Answer: Involving all managers rather than delegating planning to a
"planner"
⩥ In which phase of strategic management are long-term objectives
especially important?. Answer: Formulation
⩥ The recommended length of an effective mission statement is _____
words.. Answer: less than 250
⩥ Which group would be classified as stakeholders?
a. governments
b. creditors
c. suppliers
d. employees
e. all of the above. Answer: all of the above
⩥ The ideal length of a vision statement is. Answer: one sentence.
⩥ The following excerpt from a mission statement illustrates which of
the nine essential components of a mission statement?
WRITTEN PROJECT QGT1 ACTUAL EXAM
PAPER 2026 QUESTIONS WITH ANSWERS
GRADED A+
⩥ All of these are pitfalls an organization should avoid in strategic
planning EXCEPT
a. using plans as a standard for measuring performance.
b. using strategic planning to gain control over decisions and resources.
c. failing to involve key employees in all phases of planning.
d. too hastily moving from mission development to strategy formulation.
e. being so formal in planning that flexibility and creativity are stifled.
Answer: using plans as a standard for measuring performance.
⩥ Why Do Some Firms Not Do Strategic Planning. Answer: Lack of
knowledge in strategic planning and Poor reward structures for planning.
⩥ Which of the following is/are a benefit of strategic planning to a firm?
a. enhanced communication
b. deeper understanding
,c. greater commitment
d. final results
e. all of the above. Answer: All of the above
⩥ What can be defined as the art and science of formulating,
implementing and evaluating cross-functional decisions that enable an
organization to achieve its objectives?. Answer: Strategic management
⩥ Which phase of strategic management is called the action phase?.
Answer: Strategy implementation
⩥ What are the means by which long-term objectives will be achieved?.
Answer: Strategies
⩥ What step in the strategic development process involves mobilizing
employees and managers to put strategies into action?. Answer: Strategy
implementation
⩥ Which of the following is NOT a pitfall an organization should avoid
in strategic planning?
a. Failing to communicate the plan to employees
b. Involving all managers rather than delegating planning to a "planner"
c. Top managers not actively supporting the strategic-planning process
, d. Doing strategic planning only to satisfy accreditation or regulatory
requirements
e. Failing to create a collaborative climate supportive of change.
Answer: Involving all managers rather than delegating planning to a
"planner"
⩥ In which phase of strategic management are long-term objectives
especially important?. Answer: Formulation
⩥ The recommended length of an effective mission statement is _____
words.. Answer: less than 250
⩥ Which group would be classified as stakeholders?
a. governments
b. creditors
c. suppliers
d. employees
e. all of the above. Answer: all of the above
⩥ The ideal length of a vision statement is. Answer: one sentence.
⩥ The following excerpt from a mission statement illustrates which of
the nine essential components of a mission statement?
