A) To collect raw data B) To implement strategies C) To generate, evaluate, and select strategies D) To control employee performance
A) Subjective based on objective information B) Fully objective C) Fully subjective D) Random
A) Only the strategy team B) Only external consultants C) As many managers and employees as possible D) Only top management
A) To generate more alternative strategies B) To avoid competition C) To simplify decisions D) To reduce costs
A) IFE Matrix B) QSPM C) CPM D) EFE Matrix
A) Two B) Three C) Five D) Four
A) Summarizing basic internal and external information B) Implementing strategies C) Estimating costs D) Choosing the best strategy
A) SWOT Matrix B) QSPM C) EFE Matrix D) IFE Matrix
A) Match internal and external factors B) Analyze competitors’ profits C) Measure industry growth D) Rank strategies objectively
A) WT B) SO C) ST D) WO
A) WT B) WO C) ST D) SO
A) To estimate costs accurately B) To sound professional C) To simplify matrices D) To avoid competition
A) Cannot generate strategies B) Is too complex C) Requires financial data only D) Does not show competitive advantage directly
A) Market share and growth B) Sales and profit C) nternal and external positions D) Employee performance
A) Financial Position B) Industry Position C) Market Growth D) Stability Position
A) Integration and intensive strategies B) Liquidation C) Retrenchment D) Defensive tactics
A) Multidivisional firms B) Single-product firms C) Small businesses D) Non-profit organizations
A) Profit and cost B) Internal and external factors C) Market share and industry growth D) Strengths and weaknesses
A) Question Mark B) Dogs C) Stars D) Cash Cow
A) IFE and EFE total weighted scores B) ROI and liquidity C) Market share and growth D) Sales and profit
A) Cells VII, VIII, and IX B) Cells IV, V, and VI C) Cells I, II, and III D) Cell V only
A) Strengths and weaknesses B) Profit and cost C) Culture and politics D) Competitive position and market growth
A) Retrenchment, divestiture, or liquidation B) Forward integration C) Market penetration D) Product development
A) SWOT B) SPACE C) BCG D) QSPM
A) Generate strategies B) Analyze competitors C) Implement strategies D) Objectively compare alternative strategiesAnalyze competitors
A) They reduce creativity B) They slow planning C) They affect culture D) They may result in financially infeasible strategies
A) Every move affects future decisions and outcomes B) Both are easy to learn C) Both rely on luck D) Both are games
A) Managers ignore objectives B) Strategies are always wrong C) Implementation focuses only on planning D) Implementation requires action, discipline, and commitment
A) Needs more data B) Requires moving from thinking to action C) Has fewer tools D) Requires moving from thinking to action
A) Establishing annual objectives B) Managing conflict C) Allocating resources D) Evaluating competitors
A) External opportunities B) Long-term visions C) Company policies D) Short-term, measurable milestones
A) They reduce conflict B) They serve as benchmarks for progress C) They replace strategies D) They eliminate competition
A) Quantitative and obtainable B) Vague and flexible C) Confidential D) Qualitative only
A) Informal practices B) Long-term goals C) Specific guidelines that support objectives D) General ideas
A) To increase workload B) To reduce employee freedom C) To ensure clarity and consistency D) To replace objectives
A) Reducing company assets B) Distributing resources to achieve objectives C) Hiring employees only D) Dividing profits among owners
A) Always harmful B) Avoidable C) Inevitable D) A sign of failure
A) Delegation B) Diffusion C) Confrontation D) Avoidance
A) Strategy determines structure B) Structure determines strategy C) Marketing drives all strategies D) Culture determines performance
A) Strategic Business Unit B) Divisional C) Matrix D) Functional
A) Too much decentralization B) Functional silos and poor communication C) Poor specialization D) High cost
A) Strategic Business Unit B) Matrix C) Functional D) Divisional
A) Matrix B) Functional C) SBU D) Divisional
A) Use functional structure for large firms B) Allow co-managers C) Keep span of control reasonable D) Let many managers report to one person
A) Reconfiguring work processes B) Outsourcing all activities C) Hiring more workers D) Increasing product prices
A) Force compliance B) Ignore employee concerns C) Delay implementation D) Involve employees in decisions
A) Corporate culture only B) Logistics and costs C) Financial reporting D) Advertising
A) Align employee behavior with goals B) Increase resistance C) Eliminate competition D) Reduce diversity
A) Increase conflict only B) Slow decision-making C) Reduce creativity D) Enhance competitiveness
A) Eliminates marketing expenses B) Reduces production costs C) Divides customers into meaningful groups D) Focuses only on pricing
A) Calculate profits B) Track production output C) Show how products are viewed compared to competitors D) Measure employee satisfaction
A) Both are expensive B) Both depend on marketing C) A good plan needs proper execution and coordination D) Both require design software |