Chapter 003 Organisational Strategy Planning and Continuous I
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uture.
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C Thejpatternjofjmanagingjactionsjthatjfocusjresourcesjandjcorejcompetencejonjachievingjajsustainedjco
.j mpetitivejadvantage.
D Determiningjajworkablejfitjbetweenjorganisationaljcompetenciesjandjlimitationsjonjthejonejhandjandjop
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uture.
B.jThejprocessjofjevaluatingjwhetherjoutcomesjmatchjobjectivesjand,jifjnot,jtakingjcorrectivejaction.
C Thejpatternjofjmanagingjactionsjthatjfocusjresourcesjandjcorejcompetencejonjachievingjajsustainedjco
.j mpetitivejadvantage.
D Determiningjajworkablejfitjbetweenjorganisationaljcompetenciesjandjlimitationsjonjthejonejhandjandjop
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,3 Whatjisjcompetitivejstrategy?j
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A. Thejprocessjofjestablishingjobjectivesjandjspecifyingjhowjtheyjarejtojbejaccomplishedjinjanjuncertainjf
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uture.
B.jThejprocessjofjevaluatingjwhetherjoutcomesjmatchjobjectivesjand,jifjnot,jtakingjcorrectivejaction.
C.jThejpatternjofjmanagingjactionsjthatjfocusjresourcesjonjstrengtheningjareasjofjcorejcompetence.
D.jPlanningjactionsjatjthejlinejofjbusinessjleveljaboutjwherejandjhowjtojcompete.
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ture.
B.jThejprocessjofjevaluatingjwhetherjoutcomesjmatchjobjectivesjand,jifjnot,jtakingjcorrectivejaction.
C Thejpatternjofjmanagingjactionsjthatjfocusjresourcesjandjcorejcompetencejonjachievingjajsustainedjco
.j mpetitivejadvantage.
DDeterminingjajworkablejfitjbetweenjorganisationaljcompetenciesjandjlimitationsjonjthejonejhandjandjop
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5. Whenjsettingjkeyjobjectives,jmanagersjfirstjseekjtojarticulatej
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A.jresultsjthatjwilljachievejthejearningsjperjsharejtargetjofjthejexternaljmarketjanalysts.
B.jresultsjthatjcanjbejachievedjwithjmodestjcommitmentjofjincrementaljresources.
C.jmissionjconsistentjmeasurablejresultsjtojbejachievedjwithinjajspecifiedjfuturejtimejframe.
D.jsalesjforecastsjthatjwilljgeneratejsufficientjrevenuejtojincreasejglobaljmarketjshare.
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6 Atjwhatjorganisationaljleveljisjitjnecessaryjtojbalancejstrategicjactionsjwithjenvironmentaljandjresourcejc
. onditions?j
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A.jDepartmental.
B.jMiddlejmanagement.
C.jCorporate.
D.jAlljofjthejabove.
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,7. Fromjwherejdoesjanjorganisation'sjcompetitivejadvantagesjoriginate?j
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A.jCorejskills,jcapabilities.
B.jStrategicjplanning.
C.jOpportunities.
D.jResearchjandjdevelopment.
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8. WithjrespectjtojajSWOTjanalysis,jwhichjofjthejfollowingjarejinternal?j
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A.jStrengthsjandjWeaknesses
B.jOpportunitiesjandjThreats
C.jAlljofjthejabove.
D.jAjandjBjonly.
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9. Whichjstrategicjquestionjisjsynonymousjwithjthejvisionjofjthejorganisation?j
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A.jWhatjbusinessjshouldjwejbejin?
B.jHowjdojwejgetjthere?
C.jWhatjarejourjstrengths?
D.jHowjdojwejknowjifjwejarejonjcourse?
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10. Strategiesjarejdestiny-shapingjdecisionsjconcerningj
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A.jthejdevelopmentjandjreleasejofjnewjproductsjandjservices.
B.jthejchoicejofjtechnologiesjonjwhichjproductsjarejbased.
C.jthejwayjproductsjandjservicesjarejmarketedjandjpriced.
D.jthejwaysjinjwhichjthejorganisationjrespondsjtojrivals.
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, 11. Managingjstrategyjinvolvesjthejcraftjofj
j
A.jdecidingjonjboldjcoursesjofjactionjthatjpullsjthejenterprisejinjnewjdirections.
B.jbalancingjstabilityjandjconsistencyjoverjtimejwithjchangesjwhenjneeded.
C.jdefendingjestablishedjproductsjtojmakejitjdifficultjforjrivalsjtojimitate.
D.jstimulatingjthejcreativityjofjmanagersjandjengineersjtojimprove.
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12. Benchmarkingjisjajprocessjofj
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A.jestablishingjfinancialjperformancejobjective.
B.jusingjquantitativejmeasuresjtojcomparejonejorganisation'sjoutcomesjtojothers.
C.jhavingjajmanagerjtakejtimejoutjforjtrainingjafterjajbadjquarter'sjperformance.
D.jsettingjforthjajstrategyjtojimprovejperformancejrelativejtojcompetitors.
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13. Whatjanalysisjisjconductedjwhenjmanagersjperformjajsituationaljaudit?j
j
A.jCostjminimizationjanalysis.
B.jIndustryjdrivingjforcesjanalysis.
C.jSWOTjanalysis.
D.jCompetitivejforcesjanalysis.
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14 InjSWOTjterminology,jwhatjwouldjajlawsuitjagainstjthejorganisationjorjpricejcutsjbyjrivalsjbejconsidered
. ?j
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A.jAjstrength
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C.jAnjopportunity
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mprovement
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1 Whatjisjplanning?j
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.
A. Thejprocessjofjestablishingjobjectivesjandjspecifyingjhowjtheyjarejtojbejaccomplishedjinjanjuncertainjf
j
uture.
B.jThejprocessjofjevaluatingjwhetherjoutcomesjmatchjobjectivesjand,jifjnot,jtakingjcorrectivejaction.
C Thejpatternjofjmanagingjactionsjthatjfocusjresourcesjandjcorejcompetencejonjachievingjajsustainedjco
.j mpetitivejadvantage.
D Determiningjajworkablejfitjbetweenjorganisationaljcompetenciesjandjlimitationsjonjthejonejhandjandjop
.j portunitiesjandjthreatsjonjthejother.
j
2 Whatjisjthejprocessjofjmanagerialjcontroljorjcontrolling?j
j
.
A. Thejprocessjofjestablishingjobjectivesjandjspecifyingjhowjtheyjarejtojbejaccomplishedjinjanjuncertainjf
j
uture.
B.jThejprocessjofjevaluatingjwhetherjoutcomesjmatchjobjectivesjand,jifjnot,jtakingjcorrectivejaction.
C Thejpatternjofjmanagingjactionsjthatjfocusjresourcesjandjcorejcompetencejonjachievingjajsustainedjco
.j mpetitivejadvantage.
D Determiningjajworkablejfitjbetweenjorganisationaljcompetenciesjandjlimitationsjonjthejonejhandjandjop
.j portunitiesjandjthreatsjonjthejother.
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,3 Whatjisjcompetitivejstrategy?j
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A. Thejprocessjofjestablishingjobjectivesjandjspecifyingjhowjtheyjarejtojbejaccomplishedjinjanjuncertainjf
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uture.
B.jThejprocessjofjevaluatingjwhetherjoutcomesjmatchjobjectivesjand,jifjnot,jtakingjcorrectivejaction.
C.jThejpatternjofjmanagingjactionsjthatjfocusjresourcesjonjstrengtheningjareasjofjcorejcompetence.
D.jPlanningjactionsjatjthejlinejofjbusinessjleveljaboutjwherejandjhowjtojcompete.
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4Thejprocessjofjstrategicjthinkingjmostjinvolvesjwhat?j
j
.
A. Thejprocessjofjestablishingjobjectivesjandjspecifyingjhowjtheyjarejtojbejaccomplishedjinjanjuncertainjfu
j
ture.
B.jThejprocessjofjevaluatingjwhetherjoutcomesjmatchjobjectivesjand,jifjnot,jtakingjcorrectivejaction.
C Thejpatternjofjmanagingjactionsjthatjfocusjresourcesjandjcorejcompetencejonjachievingjajsustainedjco
.j mpetitivejadvantage.
DDeterminingjajworkablejfitjbetweenjorganisationaljcompetenciesjandjlimitationsjonjthejonejhandjandjop
.j portunitiesjandjthreatsjonjthejotherjtojbetterjservejcustomers.
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5. Whenjsettingjkeyjobjectives,jmanagersjfirstjseekjtojarticulatej
j
A.jresultsjthatjwilljachievejthejearningsjperjsharejtargetjofjthejexternaljmarketjanalysts.
B.jresultsjthatjcanjbejachievedjwithjmodestjcommitmentjofjincrementaljresources.
C.jmissionjconsistentjmeasurablejresultsjtojbejachievedjwithinjajspecifiedjfuturejtimejframe.
D.jsalesjforecastsjthatjwilljgeneratejsufficientjrevenuejtojincreasejglobaljmarketjshare.
j
6 Atjwhatjorganisationaljleveljisjitjnecessaryjtojbalancejstrategicjactionsjwithjenvironmentaljandjresourcejc
. onditions?j
j
A.jDepartmental.
B.jMiddlejmanagement.
C.jCorporate.
D.jAlljofjthejabove.
j
,7. Fromjwherejdoesjanjorganisation'sjcompetitivejadvantagesjoriginate?j
j
A.jCorejskills,jcapabilities.
B.jStrategicjplanning.
C.jOpportunities.
D.jResearchjandjdevelopment.
j
8. WithjrespectjtojajSWOTjanalysis,jwhichjofjthejfollowingjarejinternal?j
j
A.jStrengthsjandjWeaknesses
B.jOpportunitiesjandjThreats
C.jAlljofjthejabove.
D.jAjandjBjonly.
j
9. Whichjstrategicjquestionjisjsynonymousjwithjthejvisionjofjthejorganisation?j
j
A.jWhatjbusinessjshouldjwejbejin?
B.jHowjdojwejgetjthere?
C.jWhatjarejourjstrengths?
D.jHowjdojwejknowjifjwejarejonjcourse?
j
10. Strategiesjarejdestiny-shapingjdecisionsjconcerningj
j
A.jthejdevelopmentjandjreleasejofjnewjproductsjandjservices.
B.jthejchoicejofjtechnologiesjonjwhichjproductsjarejbased.
C.jthejwayjproductsjandjservicesjarejmarketedjandjpriced.
D.jthejwaysjinjwhichjthejorganisationjrespondsjtojrivals.
j
, 11. Managingjstrategyjinvolvesjthejcraftjofj
j
A.jdecidingjonjboldjcoursesjofjactionjthatjpullsjthejenterprisejinjnewjdirections.
B.jbalancingjstabilityjandjconsistencyjoverjtimejwithjchangesjwhenjneeded.
C.jdefendingjestablishedjproductsjtojmakejitjdifficultjforjrivalsjtojimitate.
D.jstimulatingjthejcreativityjofjmanagersjandjengineersjtojimprove.
j
12. Benchmarkingjisjajprocessjofj
j
A.jestablishingjfinancialjperformancejobjective.
B.jusingjquantitativejmeasuresjtojcomparejonejorganisation'sjoutcomesjtojothers.
C.jhavingjajmanagerjtakejtimejoutjforjtrainingjafterjajbadjquarter'sjperformance.
D.jsettingjforthjajstrategyjtojimprovejperformancejrelativejtojcompetitors.
j
13. Whatjanalysisjisjconductedjwhenjmanagersjperformjajsituationaljaudit?j
j
A.jCostjminimizationjanalysis.
B.jIndustryjdrivingjforcesjanalysis.
C.jSWOTjanalysis.
D.jCompetitivejforcesjanalysis.
j
14 InjSWOTjterminology,jwhatjwouldjajlawsuitjagainstjthejorganisationjorjpricejcutsjbyjrivalsjbejconsidered
. ?j
j
A.jAjstrength
B.jAjweakness
C.jAnjopportunity
D.jAjthreat
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