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Model Answers - Quiz 1 Model A

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Ibrahim Tarek Amin
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28 views2 pages

Model Answers - Quiz 1 Model A

Uploaded by

Ibrahim Tarek Amin
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Computer Engineering Program Program: CMP

Academic Year: 2022/2023 Semester: Spring


Strategic
Course Code: GEN3252 Course Title:
Management
Day: Thursday Date: March 9th, 2023
Time: 10 minutes Full Mark: 10
Student name: Student code:
Instructions:
- Select the best answer for each question.
- One correct answer is equivalent to one mark.
- One wrong answer results in a deduction of half of a mark.

1. VUCA would:
a. require that the timeframe of a strategy would be one full decade
b. require that the timeframe of a strategy would preferably be less than five years
c. have no impact on strategies
d. call for a mathematical approach to strategy
e. a and d
f. none of the above
2. Long-term objectives should be:
a. defined in view of what the organization can easily achieve
b. vague to allow for creative interpretation
c. identical at all levels of the organization
d. all of the above
e. a and c
f. none of the above
3. Strategic principles include:
a. taking risks as appropriate
b. avoiding risks at any cost
c. being aware of what customers and competition are doing
d. a and c
e. b and c
f. none of the above
4. Henry Mintzberg advocated that strategies:
a. were a direct product of the planning effort and totally in line therewith
b. were majorly a mathematical exercise
c. emerged through the actual proceedings on the ground
d. were characterized by the actual proceedings being consistent with what was planned and
intended
5. A good strategy results in
a. managing by extrapolation
b. managing by crisis
c. managing by subjectives
d. all of the above
e. none of the above
6. Good strategic objectives are:
a. implicit about expectations to mislead competitors
b. seldom relevant to the evaluation process
c. ignored when making decisions
d. helpful in reducing uncertainty
e. all of the above
f. none of the above
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Model A
7. There is an ongoing debate whether strategy is an analytical or a creative exercise. The reality is that:
a. it is completely analytical
b. it is completely creative
c. it is 50% analytical and 50% creative
d. it depends on the situation and context
8. Strategy tools are:
a. never needed
b. more important than the strategic mindset
c. less important than the strategic mindset
d. the number one reason a strategy succeeds or fails
9. Igor Ansoff’s approach to strategy was obsessed with:
a. the creative and human side
b. casual planning
c. detailed planning
d. the reactive perspective
10. Strategic objectives are:
a. essentially financial
b. short-term by nature
c. having a span of one quarter
d. all of the above
e. none of the above

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Model A

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