Final Review Questions Part One(1)

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1、BUSM3278StrategicManagementReviewQuestionsPartOne:MultipleChoiceQuestions__________1.Agroupofmanagersisconsideringhowtheirorganisationcancompetesuccessfullyinaparticularmarket.Whattypeofstrategyaretheydevising?a.Corporateb.Businessc.Operationald.Strategic______

2、____2.Howdoanorganisation'sstrategicobjectivesrelatetoitsmission?a.Strategicobjectivesbreakthemissiondownintothosepartsthatrelatetospecificfunctionalareasofthebusiness.b.Strategicobjectivesprovideamorepreciseorquantifiablebasisfordevelopingstrategythanthegenera

3、lmissionstatement.c.StrategicobjectivesarebasedonthemissionbuteachonerelatestoaspecificSBUoftheorganisation.d.Strategicobjectivesdonotusuallyrelatetothemissionbutarethebasisforanorganisation'sstrategicplan.__________3.Inthepublicsector,organisationsmustmakedeci

4、sionsabouthowunitsshouldprovidebest-valueservices.Whatistheequivalenttothistypeofstrategyinacommercialorganisation?a.Corporate-levelstrategyb.Business-levelstrategyc.Strategic-businessstrategyd.Operational-levelstrategy__________4.Whichofthefollowingisadefiniti

5、onofstrategicmanagement?a.Strategicmanagementisconcernedwiththeannualplanningprocessesbywhichanorganisationdeterminesitsannualtargetsandbudgetallocations.b.Strategicmanagementreferstothoseactivitiesandprocessesthroughwhichanorganisationdeterminesitsmissionand/o

6、robjectivesandtheplans,policiesandactionstoachievethem.c.Strategicmanagementreferstoanapproachtobusinessplanningbasedontheobjectivesofthevariousstakeholdergroupsaffectedbytheorganisation'sactivities.d.Strategicmanagementreferstothoseaspectsofmanagementthatareth

7、eresponsibilityofanorganisation'smostseniormanagers.__________5.Whichofthefollowingisanoutcomeoftheanalysisofthestrategiccapabilityofanorganisation?a.Anunderstandingofopportunitiesandthreatsb.AnunderstandingofHRcapabilityc.Anunderstandingofcustomerneedsd.Anunde

8、rstandingofstrengthsandweaknesses__________6.Whichofthefollowingwouldyounotexpecttoseeinanorganisationalmissionstatement?a.Astatementofwhytheorganisationexistsb.Anindication