Questions Chapter 1
The Nature of Strategic Management
, True/False Questions
Question
Question stem Choice Reference
title
TF01.01 The implementation of Medicare’s prospective payment system in 1983 initiated T Strategic Management in
dramatic changes in the health care industry. the Health Care Industry
TF01.02 Management rather than leadership is required to deal with rapid, complex, and F Central to Leadership
discontinuous change.
TF01.03 The objective of long-range planning is to predict for some specified time in the future the T Long-Range Planning to
size of demand for an organization’s products and services and to determine where Strategic Planning
demand will occur.
TF01.04 Strategies are long range in nature and thus, the time span is the principal focus of F Long-Range Planning to
strategic planning. Strategic Planning
TF01.05 Many of the management methods adopted by health care organizations originated in T Strategic Management in
the business sector. the Health Care Industry
TF01.06 Major goals of strategic management are responsiveness to change and staying T Managing in a Dynamic
relevant. Industry
TF01.07 In order to effectively deal with a complex situation, the leader must redouble efforts to F Central to Leadership
become involved with every detail of the situation.
TF01.08 Strategic thinking is an individual intellectual process, a mindset, or method of intellectual T Strategic Thinking
analysis that asks people to position themselves as leaders and see the “big picture.”
TF01.09 Strategic thinkers examine assumptions, understand systems and their T Combining the
interrelationships, and develop alternative scenarios of the future. Analytical and
Emergent Views
TF01.10 Strategic planning is the periodic process of developing a set of steps for an organization to T Combining the
accomplish its mission and vision using strategic thinking. Analytical and
Emergent Views
The Nature of Strategic Management
, True/False Questions
Question
Question stem Choice Reference
title
TF01.01 The implementation of Medicare’s prospective payment system in 1983 initiated T Strategic Management in
dramatic changes in the health care industry. the Health Care Industry
TF01.02 Management rather than leadership is required to deal with rapid, complex, and F Central to Leadership
discontinuous change.
TF01.03 The objective of long-range planning is to predict for some specified time in the future the T Long-Range Planning to
size of demand for an organization’s products and services and to determine where Strategic Planning
demand will occur.
TF01.04 Strategies are long range in nature and thus, the time span is the principal focus of F Long-Range Planning to
strategic planning. Strategic Planning
TF01.05 Many of the management methods adopted by health care organizations originated in T Strategic Management in
the business sector. the Health Care Industry
TF01.06 Major goals of strategic management are responsiveness to change and staying T Managing in a Dynamic
relevant. Industry
TF01.07 In order to effectively deal with a complex situation, the leader must redouble efforts to F Central to Leadership
become involved with every detail of the situation.
TF01.08 Strategic thinking is an individual intellectual process, a mindset, or method of intellectual T Strategic Thinking
analysis that asks people to position themselves as leaders and see the “big picture.”
TF01.09 Strategic thinkers examine assumptions, understand systems and their T Combining the
interrelationships, and develop alternative scenarios of the future. Analytical and
Emergent Views
TF01.10 Strategic planning is the periodic process of developing a set of steps for an organization to T Combining the
accomplish its mission and vision using strategic thinking. Analytical and
Emergent Views
