BU47S : Strategic Management
\nQuestion 1
\n\u00a0As part of its training, most military academies teach the:
\nNine Principles of War.
\nSeven Principles of Success.
\nFive Keys to Effectiveness.
\nEight Steps to Efficiency.
\nQuestion 2
\nWhich of the following is not a characteristic of strategic management that makes it different from other types of management?
\nIt is interdisciplinary.
\nIt has an external focus.
\nIt has an internal focus.
\nIt concerns the present direction of the organization.
\nQuestion 3
\nImitability of a resource can occur through:
\nuplication.
\nexploitation.
\nsubstitution.
\nduplication and substitution.
\nQuestion 4
\nThe traditional view of social responsibility states that:
\ncorporations should exist only to represent the stockholders.
\ncorporations must represent all stakeholder groups.
\ncorporations should operate on the basis of their suppliers’ interests.
\ncorporations function as a measure of consumer behavior.
\nQuestion 5
\nThe various studies of organizational environments can be summarized from the following perspective(s):
\nenvironment as a source of information.
\nenvironment as a source of resources.
\nenvironment as a source of power.
\nenvironment as a source of information and of resources.
\nQuestion 6
\nWhy is an internal analysis important?
\nIt is the only way to assess an organization’s competitive environment.
\nIt is needed for making good strategic decisions.
\nIt establishes organizational goals and objectives.
\nIt assists in product positioning.
\nQuestion 7
\nIn Mintzberg’s typology, ________ is a way to differentiate.
\nprice
\nadaptability
\nfocus
\nniche
\nQuestion 8
\nA more dramatic response to a failing organization may be:
\na joint venture strategy.
\na turnaround strategy.
\na vertical integration strategy.
\na long-term contract.
\nQuestion 9
\n________ refers to the values and attitudes shared by individuals from a specific country that shape their behavior and their beliefs about what is important.
\nNational culture
\nNational values
\nInternational value systems
\nGlobal culture
\nQuestion 10
\nPublic sector organizations are most affected by ________ constraints.
\ninternal
\nexternal
\nefficiency
\nmanagerial<\/p>\n","protected":false},"excerpt":{"rendered":"
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