UPDATE|EXAM
QUESTIONS WITH MULTIPLE
CHOICES |VERIFIED & REVISED
ANSWERS (NEW)!!!
1.)Themplanningmlevelmwithmthemshortestmtimemhorizonmismknownmasm_____mplanning.
A)operational
B)tactical
C)managerial
D)developmental
E)verticalm-mCORRECTmANSWERmA
2.)Themplanningmprocessmismsimilarmtomthem_____mprocessminmthatmbothmhavemamseriesmofmstepsmth
atmaremtypicallymrepeatedminmamcycle.
A)strategy-mapping
B)tacticalmalignment
C)goal-setting
D)decision-making
E)environmentalmanalysism-mCORRECTmANSWERmD
3.)InmamSWOTmanalysis,mthemabsencemofmreliablemsuppliersmwouldmbemconsideredmasma(n):
A)weaknessmandmamthreat.
B)weakness.
C)strength.
D)opportunity.
E)threat.m-mCORRECTmANSWERmB
,4.)Am_____msystemmismamcomponentmofmthemstrategicmmanagementmprocessmdesignedmtomsupport
mmanagersminmevaluatingmthemorganization'smprogress
withmitsmstrategymand,mwhenmdiscrepanciesmexist,mtakingmcorrectivemaction.
A)spanmofmcontrol
B)strategicmcontrol
C)strategicmsupport
D)dynamicmnetwork
E)strategicmintegrationm-mCORRECTmANSWERmB
5.)Themstrategymanmorganizationmusesmtombuildmcompetitivemadvantagembymbeingmuniqueminmitsmin
dustrymormmarketmsegmentmalongmonemormmore
dimensionsmismknownmasma(n)m_____mstrategy.
A)integrated
B)differentiation
C)functional
D)low-cost
E)concentrationm-mCORRECTmANSWERmB
6.)Whichmofmthemfollowingmismonemamongmthemsixmcomponentsmofmthemstrategicmmanagementmpr
ocess?
A)Skillmimprovementmplan
B)Technologymassessment
C)Stakeholdermanalysis
D)SWOTmanalysis
E)Stockholdermreportingm-mCORRECTmANSWERmD
, 7.)Whichmofmthemfollowingmtakesmplacemaftermamfirmmformulatesmitsmstrategy?
A)Establishmentmofmmission,mvision,mandmgoals
B)Analysismofmexternalmopportunitiesmandmthreats
C)Strategymimplementation
D)Analysismofminternalmstrengthsmandmweaknesses
E)SWOTmanalysism-mCORRECTmANSWERmC
8.)Amverticalmintegrationmstrategymismamstrategy:
A)usedmtomaddmnewmbusinessesmthatmproducemrelatedmproductsmormareminvolvedminmrelatedmmark
etsmandmactivities.
B)thatminvolvesmexpandingmthemdomainmofmthemorganizationmintomsupplymchannelsmormtomdistribut
ors.
C)employedmformanmorganizationmthatmoperatesmamsinglembusinessmandmcompetesminmamsinglemind
ustry.
D)usedmtomaddmnewmbusinessesmthatmproducemunrelatedmproductsmormareminvolvedminmunrelatedm
marketsmandmactivities.
E)anmorganizationmusesmtombuildmcompetitivemadvantagembymbeingmuniqueminmitsmindustrymormmar
ketmsegmentmalongmonemormmoremdimensions.m-mCORRECTmANSWERmB
9.)_____mismconsideredmasmanmactivitymofmthemexternalmenvironmentmofmanmorganization.
RefermTo:mTablem4.1
A)Humanmresourcesmassessment
B)Financialmanalysis
C)MarketingmAudit
D)MacroeconomicmAnalysis
E)OperationsmAnalysism-mCORRECTmANSWERmD