Quiz 1

Which of the following best describes strategic management?

• a) Day-to-day operations
• b) Long-term planning and goal setting
• c) Short-term tactical decisions
• d) Managing employee performance

Tactical management primarily focuses on:

• a) Setting long-term goals
• b) Implementing strategic plans
• c) Managing daily activities
• d) Developing mission statements

Operational management is mainly concerned with:

• a) High-level strategy
• b) Tactical decisions
• c) Routine tasks and processes
• d) Creating a company vision

Which management level is typically involved in strategic management?

• a) Middle management
• b) Operational management
• c) Executive management
• d) Line management

Tactical management decisions are usually made by:

• a) Top-level executives
• b) Middle managers
• c) Frontline workers
• d) External consultants

The primary focus of operational management is:

• a) Long-term growth
• b) Efficiency in daily operations
• c) Market expansion
• d) Organizational change

Which of the following is NOT a characteristic of strategic management?

• a) Long-term perspective
• b) Involves top management
• c) Focuses on day-to-day operations
• d) Deals with uncertainties

Which type of management involves setting specific actions to achieve strategic goals?

• a) Operational
• b) Tactical
• c) Strategic
• d) None of the above

Which management approach is typically used to ensure that resources are used effectively to meet organizational goals?

• a) Operational management
• b) Tactical management
• c) Strategic management
• d) Financial management

Which of the following best represents the main objective of tactical management?

• a) Achieving the strategic goals set by top management
• b) Managing employee day-to-day performance
• c) Conducting market research
• d) Setting the organization's vision and mission