Question 1

________ refers to how mindful a company is of its competitor's actions.

Accepted Answer

A) Strategic control 
B) Competitor motivation 
C) Competitor awareness 
D) Competitor capability 
E) Strategic implementation 
A) Strategic control 
B) Competitor motivation 
C) Competitor awareness 
D) Competitor capability 
E) Strategic implementation

Question 2

________ is the strategy through which management attempts to strengthen or protect the amount of business an SBU is generating.

Accepted Answer

A) Differentiation 
B) Divestiture 
C) Retrenchment 
D) Growth 
E) Focus 
A) Differentiation 
B) Divestiture 
C) Retrenchment 
D) Growth 
E) Focus

Question 3

Competitor motivation refers to the incentives that an organization has to take action.

Accepted Answer

A) True 
 B)False

Question 4

________ is usually applied to SBUs that are dogs or question marks that have failed to increase market share but still require significant amounts of cash.

Accepted Answer

A) Focus 
B) Divestiture 
C) Growth 
D) Stability 
E) Retrenchment 
A) Focus 
B) Divestiture 
C) Growth 
D) Stability 
E) Retrenchment

Question 5

The commitment principle is a management guideline that advises managers to totally commit themselves to strategic planning.

Accepted Answer

A) True 
 B)False

Question 6

Briefly discuss the strategic management process.

Accepted Answer

Strategic management is the process of e

Question 7

________ is the process of determining appropriate courses of action for achieving organizational objectives and thereby accomplishing organizational purpose.

Accepted Answer

A) Establishment of organizational direction 
B) Strategy implementation 
C) Strategy control 
D) Strategy formulation 
E) Environmental analysis 
A) Establishment of organizational direction 
B) Strategy implementation 
C) Strategy control 
D) Strategy formulation 
E) Environmental analysis

Question 8

________ is a strategy adopted by management to maintain or slightly improve the amount of business that an SBU is generating.

Accepted Answer

A) Focus 
B) Stability 
C) Retrenchment 
D) Growth 
E) Divestiture 
A) Focus 
B) Stability 
C) Retrenchment 
D) Growth 
E) Divestiture

Question 9

Long-range planning that focuses on the organization as a whole is ________.

Accepted Answer

A) operational planning 
B) organizational planning 
C) strategic planning 
D) tactical planning 
E) managerial planning 
A) operational planning 
B) organizational planning 
C) strategic planning 
D) tactical planning 
E) managerial planning

Question 10

"In what kind of environment does the organization now exist?" is one of the four basic questions required for critical question analysis.

Accepted Answer

A) True 
 B)False

________ refers to how mindful a company is of its competitor's actions.

________ is the strategy through which management attempts to strengthen or protect the amount of business an SBU is generating.

Competitor motivation refers to the incentives that an organization has to take action.

________ is usually applied to SBUs that are dogs or question marks that have failed to increase market share but still require significant amounts of cash.

The commitment principle is a management guideline that advises managers to totally commit themselves to strategic planning.

Briefly discuss the strategic management process.

________ is the process of determining appropriate courses of action for achieving organizational objectives and thereby accomplishing organizational purpose.

________ is a strategy adopted by management to maintain or slightly improve the amount of business that an SBU is generating.

Long-range planning that focuses on the organization as a whole is ________.

"In what kind of environment does the organization now exist?" is one of the four basic questions required for critical question analysis.

Introducing Modern Management

Managing

Managers and Society

Management and Diversity

Managing in the Global Arena

Management and Entrepreneurship

Principles of Planning

Making Decisions

Fundamentals of Organizing

Responsibility, Authority, and Delegation

Human Resource Management

Organizational Change: Stress,Conflict and Virtuality

Influencing and Communication

Leadership

Motivation

Groups and Teams

Managing Organization Culture

Encouraging Creativity and Innovation

Controlling, Information, and Technology

Production and Control

Filters

Exam 9: Strategic Planning: Strategies, Tactics, and Competitive Dynamics

________ refers to how mindful a company is of its competitor's actions.

________ is the strategy through which management attempts to strengthen or protect the amount of business an SBU is generating.

Competitor motivation refers to the incentives that an organization has to take action.

________ is usually applied to SBUs that are dogs or question marks that have failed to increase market share but still require significant amounts of cash.

The commitment principle is a management guideline that advises managers to totally commit themselves to strategic planning.

Briefly discuss the strategic management process.

________ is the process of determining appropriate courses of action for achieving organizational objectives and thereby accomplishing organizational purpose.

________ is a strategy adopted by management to maintain or slightly improve the amount of business that an SBU is generating.

Long-range planning that focuses on the organization as a whole is ________.

"In what kind of environment does the organization now exist?" is one of the four basic questions required for critical question analysis.

Introducing Modern Management

Managing

Managers and Society

Management and Diversity

Managing in the Global Arena

Management and Entrepreneurship

Principles of Planning

Making Decisions

Fundamentals of Organizing

Responsibility, Authority, and Delegation

Human Resource Management

Organizational Change: Stress,Conflict and Virtuality

Influencing and Communication

Leadership

Motivation

Groups and Teams

Managing Organization Culture

Encouraging Creativity and Innovation

Controlling, Information, and Technology

Production and Control

Filters