CBMEC

This involves goals and objectives that an organization needs to achieve to be successful in the marketplace. It provides the direction that an organization wants to move toward to be more successful.
a. Strategy
b. Strategic Management
c. Management
d. Objective

This involves the utilization or planned allocation of resources to implement major initiatives taken by executives on behalf of stakeholders to improve performance of firms in an environment.
a. Strategic Management
b. Environmental Analysis
c. SWOT Analysis
d. Competitive Strategy

Which does not belong to the group?
a. Determination of long-term goals
b. Adoption of courses of action
c. Allocation of resources to achieve these goals
d. Formulate the strategies of the business

The process which examines all the components, internal and external, that has an influence in the performance of the organization.
a. External Analysis
b. Internal Analysis
c. Environmental Analysis
d. SWOT Analysis

This is the process of conducting research on a company and its operating environment to formulate a strategy.
a. Strategy Analysis
b. Environmental Analysis
c. Strategy Choice
d. Strategic Management

This refers to the strategy chosen out of available alternatives for attaining organizational objectives. The most appropriate one that is selected after analysis of various facts.
a. Strategy Analysis
b. Environmental Analysis
c. Strategy Choice
d. Strategic Management

Which one is correct about Strategic Management Elements?
a. Strategy Implementation – Strategy Formulation – Evaluation and Control – Strategy Analysis
b. Strategy Formulation – Strategy Implementation – Strategy Analysis – Evaluation and Control
c. Strategy Analysis – Strategy Implementation – Strategy Formulation – Evaluation and Control
d. Strategy Analysis – Strategy Formulation – Strategy Implementation – Evaluation and Control

These are the means or courses of action to achieve the purpose of the organization.
a. Objectives
b. Strategies
c. Goals
d. Mission

This is the process of determining the effectiveness of a given strategy in achieving the organizational objectives and taking corrective actions where required.
a. Strategy Choice
b. Environmental Analysis
c. Strategy Evaluation and Control
d. Strategy Implementation

This is the execution of the plans and strategies in order to accomplish the long-term goals of the organization. It also converts the opted strategy into the moves and actions of the organization to achieve the objectives.
a. Strategy Choice
b. Environmental Analysis
c. Strategy Evaluation and Control
d. Strategy Implementation