__________ is an action focus that links an organisation to its environment.

BUS1002 Week 6

Quiz
•
Professional Development
•
University
•
Hard
Used 3+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Objective setting
Ecological management
Problem solving
Strategy
Decision making
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The essence of __________ is looking ahead, understanding the environment and the organisation, and effectively positioning the organisation for competitive advantage.
managerial planning
strategic management
problem solving
portfolio planning
environmental scanning
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The __________ is an environment that contains a few players who do not directly compete against one another.
anti-competitive environment
monopoly environment
hypercompetition environment
oligopoly environment
dysfunctional environment
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Successful strategic management occurs when organisations formulate and implement strategies that:
fit with the organisation's vision and mission.
fulfil the organisation's social responsibility objectives.
enable employees to be productive.
enable the organisation to make a profit
achieve long-term, sustainable competitive advantage.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
__________ is the process of allocating resources and putting strategies into action.
Mission implementation
Action planning
Strategy implementation
Vision activation
Managerial budgeting
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Important strategic management tasks include all of the following EXCEPT :
identifying organisational mission and objectives.
assessing current performance in relation to mission and objectives.
creating strategic plans to accomplish mission and objectives, and implementing those plans.
evaluating the results, and changing strategic plans or implementation processes as necessary.
providing visionary and inspirational leadership.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
__________ direct activities towards key and specific performance results.
Corporate objectives
Official objectives
Strategic objectives
Operating objectives
Planning objectives
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