Principles of Business Management Quiz 6
Multiple-Choice Questions
Question 1
Goals are outcome statements that define what an organization is trying to accomplish:
Select one:
a. Programmatically
b. Organizationally
c. Both programmatically and organizationally
d. Internal
Feedback
The correct answer is: Both programmatically and organizationally
Question 2
According to Mintzberg, the percent of intended strategy realized is:
Select one:
a. Less than 10
b. 10-30
c. 30-50
d. more than 50
Feedback
The correct answer is: 10-30
Question 3
Experts from GreenBiz.com say the Balanced Scorecard opportunities are used in CSR
because of all of the following EXCEPT:
Select one:
a. The Balanced Scorecard is a recognized and established management tool
b. The Balanced Scorecard is well positioned to support a knowledge-building effort to help
organizations make their CSR values and visions a reality
c. The Balanced Scorecard enables individuals to make daily decisions based upon values and
metrics
d. The Balanced Scorecard is a focused set of key financial indicators.
Feedback
The correct answer is: The Balanced Scorecard is a focused set of key financial indicators.
, Question 4
For a differentiation strategy to be effective, the product difference should NOT be based
on:
Select one:
a. Product design
b. Method of distribution
c. Price
d. Broad market group of consumers
Feedback
The correct answer is: Price
Question 5
The different aspects of strategy as distinguished by Mintzberg include which of the
following?
Select one:
a. Consequential
b. Differentiate
c. Realized
d. Permanent
Feedback
The correct answer is: Realized
Question 6
Objectives typically include which of the following:
Select one:
a. Be related directly to the values of the company
b. Reflect in the strategic plan
c. Be clear, concise, and understandable
d. Be stated in terms of the corporate mission
Feedback
The correct answer is: Be clear, concise, and understandable
Multiple-Choice Questions
Question 1
Goals are outcome statements that define what an organization is trying to accomplish:
Select one:
a. Programmatically
b. Organizationally
c. Both programmatically and organizationally
d. Internal
Feedback
The correct answer is: Both programmatically and organizationally
Question 2
According to Mintzberg, the percent of intended strategy realized is:
Select one:
a. Less than 10
b. 10-30
c. 30-50
d. more than 50
Feedback
The correct answer is: 10-30
Question 3
Experts from GreenBiz.com say the Balanced Scorecard opportunities are used in CSR
because of all of the following EXCEPT:
Select one:
a. The Balanced Scorecard is a recognized and established management tool
b. The Balanced Scorecard is well positioned to support a knowledge-building effort to help
organizations make their CSR values and visions a reality
c. The Balanced Scorecard enables individuals to make daily decisions based upon values and
metrics
d. The Balanced Scorecard is a focused set of key financial indicators.
Feedback
The correct answer is: The Balanced Scorecard is a focused set of key financial indicators.
, Question 4
For a differentiation strategy to be effective, the product difference should NOT be based
on:
Select one:
a. Product design
b. Method of distribution
c. Price
d. Broad market group of consumers
Feedback
The correct answer is: Price
Question 5
The different aspects of strategy as distinguished by Mintzberg include which of the
following?
Select one:
a. Consequential
b. Differentiate
c. Realized
d. Permanent
Feedback
The correct answer is: Realized
Question 6
Objectives typically include which of the following:
Select one:
a. Be related directly to the values of the company
b. Reflect in the strategic plan
c. Be clear, concise, and understandable
d. Be stated in terms of the corporate mission
Feedback
The correct answer is: Be clear, concise, and understandable
