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Questions of Tutorial

The document provides information about strategic management concepts through true/false statements, multiple choice questions, and definitions. It covers topics like vision and mission statements, objectives, strategies, SWOT analysis, and the strategic management process. The questions assess understanding of how these concepts relate to each other and their basic meanings within an organizational context.

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Hayam Amr
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22 views7 pages

Questions of Tutorial

The document provides information about strategic management concepts through true/false statements, multiple choice questions, and definitions. It covers topics like vision and mission statements, objectives, strategies, SWOT analysis, and the strategic management process. The questions assess understanding of how these concepts relate to each other and their basic meanings within an organizational context.

Uploaded by

Hayam Amr
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Put true or False:

1. The final stage in strategic management is strategy implementation.

2. A vision statement answers the question, "What is our business?" whereas a mission statement
answers, "What do we want to become?“

3. Strategists are usually found in higher levels of management and have considerable authority for
decision-making in the firm.

4. Identifying an organization's existing vision, mission, objectives, and strategies is the final step for the
strategic management process.

MCQ:

1. The fundamental purpose of an organization’s mission statement is to

a. create a good human relations climate in the organization

b. define the organization’s purpose in society

c. define the operational structure of the organization

d. generate good public relations for the organization

2. The goal of the organization’s__________ is to capture the hearts and minds of employees, challenge
them, and evoke their emotions and dreams.

a. vision

b. mission

c. culture

d. strategy

3. The _________ answers the question "What do we want to become?" whereas _________answers
the question "What is our business?"

a. vision statement; mission statement

b. short-term objectives; long-term objectives

c. objectives; strategies

d. mission; vision
4. What are the means by which long term objectives will be achieved?

a. Strategies

b. Policies

c. Strength

d. Opportunities

5. Specific results an organization seeks to achieve in pursuing its basic mission are

a. objectives

b. tenets

c. strategies

d. policies

6. The fundamental purpose for the existence of any organization is described by its

a. policies

b. mission.

c. procedures

d. strategy

7. The acronym SWOT stands for

a. Special Weapons for Operations Timeliness

b. Services, Worldwide Optimization, and Transport

c. Strengths Worldwide Overcome Threats

d. Strengths, Weaknesses, Opportunities, and Threats

8. Which of the following is NOT a major element of the strategic management process?

a. Formulating strategy

b. Implementing strategy

c. Evaluating strategy

d. Assigning administrative tasks


26. The strategic management process isa.
a set of activities that will assure a temporary advantage and average returns for the firm

b. a decision-making
activity concerned
with a firm’s internal
resources,
capabilities, and
competencies,
independent of the
conditions in its
external environment.
c. a process directed by
top-
management with input
from other
stakeholders that seeks to
achieve
above-average returns for
investors
through effective use of
the
organization’s resources.
d. the full set of
commitments,
decisions, and actions
required for the
firm to achieve above-
average returns
and strategic
competitiveness..
b. a decision-making activity concerned with a firm’s internal resources, capabilities, and competencies,
independent of the conditions in its external environment.
.c. a process directed by top- management with input from other stakeholders that seeks to achieve above-
average returns for investors through effective use of the organization’s resources.
d. the full set of commitments, decisions, and actions required for the firm to achieve above-average
returns and strategic competitiveness.

27. The goal of the organization’s is to capture the hearts and minds of employees,
challenge them, and evoke their emotions and dreams.
a. vision
b. mission
c. culture
d. strategy

28. A firm’s mission. is


a statement of a firm’s business in which it intends to compete and the customers which it intends to serve
.b. is an internally-focused affirmation of the organization’s financial, social, and ethical goals
.c. is mainly intended to emotionally inspire employees and other stakeholders
.d. is developed by a firm before the firm develops its vision

29. The environmental segments that comprise the general environment typically will Not include
a. demographic factors
.b. sociocultural factors.
c. substitute products or service
d. technological factors

50. What are guides to decision making?


a. laws
b. rules
c. policies
d. procedures
e. goals

26. The strategic


management
process is
a. a set of activities that
will assure a
temporary advantage and
avera 40 Movies That Are
Considered To Be Almost
Flawless
returns for the firm. Gloiousa
| Spon
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