MAN4720 Strategic Management UPDATED
ACTUAL QUESTIONS AND CORRECT
ANSWERS
Statements about contingency plans are true - Correct answers✔✔1)Only high-priority areas
require the insurance of contingency plans.
2)Contingency plans minimize the impact of potential threats
Refers to the need for strategists to examine sets of trends, as well as individual trends, in
evaluating strategies? - Correct answers✔✔Consonance
The strategy-evaluation process should - Correct answers✔✔foster mutual understanding and
trust
________ refers to refers to employees reporting any unethical violations they discover or see in
the firm. - Correct answers✔✔Whistle-blowing
Strategy-evaluation activities should ideally be performed - Correct answers✔✔on a continuous
basis
Firms can align ethical and strategic decision making by? - Correct answers✔✔monitoring
departmental and corporate performance regarding ethical issues.
NOT a way that companies can help create an ethical culture in their organization. - Correct
answers✔✔Discouraging whistle-blowing
, A rule from the Wall Street Journal article "The New Rules of Flirting". - Correct answers✔✔Do
flirt within a relationship that you want to strengthen
A reason that workplace romance can be detrimental to workplace morale and productivity: -
Correct answers✔✔Decreased quality and quantity of work can occur.
CEOs and business owners should or should not delegate the responsibility for ensuring that high
ethical principles are espoused and practiced in an organization. - Correct answers✔✔Should not
ISO, the world's largest developer of sustainability standards, is legally authorized to enforce
their standards. - Correct answers✔✔False
A key ingredient in the establishment of an ethics culture: - Correct answers✔✔A clear code of
business ethics
How often should strategy-evaluation activities should ideally be performed? - Correct
answers✔✔On a continuous basis
Most organizations can afford to pursue how many corporate-level strategies at any given time. -
Correct answers✔✔Only a few
International financial reporting standards (IFRS) comprise approximately ________ pages -
Correct answers✔✔5000
Generally Accepted accting Principles (GAAP) comprise approximately ________ pages -
Correct answers✔✔25,000
ACTUAL QUESTIONS AND CORRECT
ANSWERS
Statements about contingency plans are true - Correct answers✔✔1)Only high-priority areas
require the insurance of contingency plans.
2)Contingency plans minimize the impact of potential threats
Refers to the need for strategists to examine sets of trends, as well as individual trends, in
evaluating strategies? - Correct answers✔✔Consonance
The strategy-evaluation process should - Correct answers✔✔foster mutual understanding and
trust
________ refers to refers to employees reporting any unethical violations they discover or see in
the firm. - Correct answers✔✔Whistle-blowing
Strategy-evaluation activities should ideally be performed - Correct answers✔✔on a continuous
basis
Firms can align ethical and strategic decision making by? - Correct answers✔✔monitoring
departmental and corporate performance regarding ethical issues.
NOT a way that companies can help create an ethical culture in their organization. - Correct
answers✔✔Discouraging whistle-blowing
, A rule from the Wall Street Journal article "The New Rules of Flirting". - Correct answers✔✔Do
flirt within a relationship that you want to strengthen
A reason that workplace romance can be detrimental to workplace morale and productivity: -
Correct answers✔✔Decreased quality and quantity of work can occur.
CEOs and business owners should or should not delegate the responsibility for ensuring that high
ethical principles are espoused and practiced in an organization. - Correct answers✔✔Should not
ISO, the world's largest developer of sustainability standards, is legally authorized to enforce
their standards. - Correct answers✔✔False
A key ingredient in the establishment of an ethics culture: - Correct answers✔✔A clear code of
business ethics
How often should strategy-evaluation activities should ideally be performed? - Correct
answers✔✔On a continuous basis
Most organizations can afford to pursue how many corporate-level strategies at any given time. -
Correct answers✔✔Only a few
International financial reporting standards (IFRS) comprise approximately ________ pages -
Correct answers✔✔5000
Generally Accepted accting Principles (GAAP) comprise approximately ________ pages -
Correct answers✔✔25,000
