1.

What is meant by the term A person who is related with a business

stakeholder?
2. The strategic management The full set of commitments
process is
3. A firms mission Is a statement of a firms business
4. An analysis of the economic The move toward a contingents workforce
segment of the external
environment would include all of
the ff. except
5. Which of the following defines Corporate strategy
what business the firm is in or
should be in?
6. An organizations strategy Tends to be formed at the same time the
mission is developed and objectives are
formulated
7. Which group would be classified All of the given options
as a stakeholder
8. Which of the following sentence Useful to project trends
explains the significance of using
PESTEL
9.when defining strategic management A living evolving process
the most important thing to remember
10.which f the following refers to a Strategic analysis
systematic assessment of conditions,
factors, or variables
11. which of the following is an issue What resources do we have to implement
considered in developing corporate our strategies?
strategies?
12.The acronym SWOT stands for Strengths, weaknesses, opportunities,
and threats
13.which of the following is not a major Assigning administrative
element of strategic management
process?
14. A advantage over rivals and potential Competitive strategy
rivals
15. the task of strategy choice involves Developing plans and activities which will
improve the org
16. the process of planning sequencing Strategic planning
activities in terms of responsibilities
17. a single feedback loop in a Single loop- learning
production plant
18. which of the following explains what Mission statement
the organization actually does , for whom
and how it will do what it does so that the
organizational members
19. -------------- is the foundation of blue Value cost-trade off
ocean strategy
20. the primary focus of strategic Strategy implementation
management is
21. it is defined as an organizations ability Dynamic capabilities
to renew and recreate its strategic
capabilities to meet the changing
22. long-term objectives should be all of Continually changing
the following except
23. the general method of an organization Plan
to manage activities and accomplish the
long-term objectives
24. which of the following focuses on Operational strategy
supporting the corporate and business
strategies
25. which of the following pertains to the political
factors that pertains to the actions and
decisions of the local or national
government
26.suplliers are powerful when They offer a credible threat of forward
integration
27. the five competitive forces framework Michael porter
is an influential contribution by
28. Which of the following statements Enable strategists to identify opportunities
best tell about the usefulness of industry and threats in a particular industry.
life cycle model?
29. the management of the organizations Strategic management
overall long-term objective
30. which of the following is the most PESTEL framework
commonly used approach to analyze the
macro-environment factors
31. Which one of the following is not a Developing the step to follow in
primary task of strategic managers? implementing operational level
32. The fundamental purpose for the Mission
existence of any organization is described
by its.
33.The industry life cycle has similar Maturity Stage
stages with that of a living organism so
that a full grown stage characterized by
strength ,stability , and fully developed…
34. Contemporary issues such as global Environmental
warming, recycling , world resource
preservation, pollution control , organic
farming and concerns on quality of life as
well as sustainability …
35. The is a strategic Resource- based view strategy
perspective that may be about looking at
the core competencies of human
resources in an organization including the
systems , knowledge management an
specific practices
36. The fundamental purpose of an Define the organization’s purpose in
organization’s mission statement is society
37. The various organizational purpose Core Competencies
routines and processes that determine
how efficiently and effectively the
organization transforms its inputs are
called:
38. It is a framework that uses four V-R-I-O framework
attributes or criteria to identify strategic
resources, both tangible and intangible
which will enable ….
39. Which of the following defines how Business Strategy
each individuals business unit will attempt
to achieve its mission
40. Is a step and transformational change Strategic change
that moves an organizational to a new and
sustainable competitive position and is
likely…
41.Evaluates an organization’s current Situation Analysis
external and internal situations; these are
used to develop strategic objectives
42.Competitve advantage can best be A strength of the organization
described as:
43. Which individuals are most Strategists
responsible for the success of an failure of
an organization
44.Organizational learning that sustains Continuous Improvement
and incrementally improves productivity
and customer value in daily management,
subject to requirements of an
organization’s strategy
45. Which of the ff. terms refers to the Strategic fit
desired outcome of matching external
opportunities with an organization’s
internal capabilities to determine the
viability of strategic success…
46. The goal of the organization’s is vision
to capture the hearts and minds off
employees , challenge them , and evoke
their emotions and dreams.
47. Which of the ff. is not a characteristic It concerns the present direction of the
of strategic management that makes it organization
different from other types of
management?
48. Which of the following refers to the Legal
external factors that include regulatory
requirements , standardization , labor and
industry regulation , and international
trade regulations?
49. what are guides to decision making? Policies
50. it is often referred to as a continuous Strategic management
process of strategy creation?
51. Which stage in the industry life cycle is Growth stage
characterized by pioneers becoming very
established and taking dominant industry
positions then competing businesses have
become fewer in minutes.
52. Which of the following speaks of a Hypercompetition
condition were competitive advantages
become temporary as environment factors
frequently change and competitors can
move quickly before other businesses can
react to the change?
53. Which of the following external factors Economic
pertains to the use of resources,
disposable income levels interest rates,
inflation economic growth, and productivity
levels?
54. If the middle managers of your Benchmarking
company visit a high-caliber business in
Singapore to learn best practices and
identify areas for improvement in the
functional departments of your company,
your management is actually engaged in?
55. Internal analysis enables a firm to can do
determine what the firm
56. It is a process that consist of five Strategic management
components such as strategic analysis,
strategic decision making, strategy
formulation, strategy implementation and
strategic control.
57.Which of the following is not an It helps improve the political, economic,
advantage of strategic management? social and technology environment of the
organization.
58. All of the conditions outside the External Environment
business firm which consists of but not
limited to individuals or organizations that
influence the changes in the industry, and
the geographic jurisdiction where the
business operates pertain to the _______
59. The organization strategic resources Internal environment
abilities, infrastructure organizational
climate, and management capabilities
comprised its
60. An external analysis enables a firm to Might do.
determine what the firm.