Related Questions

In operating income strategic analysis, strategic component which measures change in cost attributed to price of input in current year, relative to price of input material in last year can be classified as
A internal process component
B growth component
C price recovery component
D productivity component
In operating income strategic analysis, strategic component which measures change in operating income, attributed for change in price of outputs and inputs is classified as
A internal process component
B growth component
C price recovery component
D productivity component
Which of the following statements is false? Formal strategic planning
A implies determined actions for achieving objectives
B is a time consuming process
C should develop clear and rigid plans for the organization to implement
D is most applicable in stable environments
Which of the following is the best reason for why strategic planning is still important today?
A Without a formal strategic plan a company cannot expect to compete effectively
B Without a strategic plan an organization can drift without purpose or definition
C Without it, companies would exist without cause or co-ordination
D Because of slower economic growth, globalization and technological change
Which of the following is true for small businesses in relation to strategic planning?
A It belongs in all organizations
B It is too expensive
C It only belongs in large organizations
D The benefits are too long term
The understanding of what key element is essential for successful strategic planning?
A Understanding the needs and expectations of stakeholders
B Understanding competencies
C Understanding the processes of strategic change
D Understanding how to plan
The characteristics of strategic decisions include all of the following except:
A they are structured
B they are future oriented
C they have a high level of uncertainty
D they are concerned with long-range plans
E Ail of the above are characteristics
If unprepared, what strategic pressures are recognized as key factors that can weaken the organization?
A Competitive and environmental pressures
B Control at the expense of flexibility
C Lack of planners
D Competitive and environmental pressures, and excessive control
Which of the following factors is one of the environmental factors affecting job description:
A Workflow and culture
B Autonomy and feedback
C Employee availability and abilities
D Culture and diversity
Which of the following is not a strategic criteria for deciding which firms to retain in the organizational core?
A The company's mission
B Longevity
C Financial performance over time
D Relatedness of technologies

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