SAN JOSE COMMUNITY

COLLEGE
Malilipot, Albay

PRELIMS IN STRATEGIC MANAGEMENT

1st Semester
S.Y. 2022-2023

NAME DATE
__________________________________________________ ___________________________
_________________ ___
YEAR & BLOCK: _________________________

I. Read the statement carefully and write the letter of the correct answer in your paper.

1. Which of these requires a great deal of initiative and logical skills, emphasizes on effectiveness and
allocate resources.
a. Strategy Implementation c. Evaluation
b. Strategy Formulation d. SWOT Analysis

2. What is strategy?
a. the overall direction of an organization to its long-term objectives
b. short-term objectives
c. planning
d. analyzing

3. All of these are pitfalls an organization should avoid in strategic management EXCEPT;
a. Using strategic planning to gain control over decisions and resources.
b. Failing to involve key employees in all phases of learning.
c. Hastily moving from mission development to strategy formulation.
d. Using plans as a standard for measuring performance.

4. _______ are the individuals who are most responsible for the success or failure of an organization.
a. Ethics Officers c. Strategists
b. Operatives d. Consultants
5. The problem of limited resources within a firm makes ______ particularly important as the firm decides
how to allocate its resources.
a. Long-term range planning c. Strategy Implementation
b. Short-term planning d. Strategy Formulation

6. The mission statement answers which question?

a. What is our business? c. How is our business?
b. Why our business? d. What is our position?

7. It is the ongoing process of setting an organization’s high-level goals, developing plans of action and
effectively allocating resource to execute those plans.
a. Risk Management c. Good Management
b. Strategic Management d. Sustainability

8. The acronym SWOT stands for

a. Special Weapons for Operations Timelines
b. Services Weapons for Operations Timelines
c. Strengths Worldwide Overcome Threats
d. Strengths, Weaknesses, Opportunities and Threats

9. Which of the following is NOT a characteristic of strategic management that makes it different from other
types of management.
a. It is interdisciplinary.
b. It has an external focus.
c. It has internal focus.
d. It concerns the present direction of the organization.

10. Which of the following is NOT a major element of the strategic management process?
a. Formulating strategy c. Evaluating strategy
b. Implementing strategy d. Assigning administrative task

11. When defining strategic management, the most important thing to remember is that it is;
a. Not as easy as you think.
b. A living evolving process.
c. More conceptual than practical.
d. A way of determining responsibilities.

12. The primary focus of strategic management is;

a. strategic analysis c. strategy formulation
b. the total organization d. strategy implementation

13. Which of the following is NOT advantage of strategic management?

a. It provides organizations with a clearer sense of direction and purposes.
b. It helps orientate management decisions to relevant environmental conditions.
c. It helps improve the political, economic, social and technological environment of the organizations.
d. It helps organizations be proactive rather than reactive.

14. Strategic change could involve ______.

a. A change in the direction and scope of an organization.
b. Reconfiguring organization culture.
c. Introducing a new IT architecture.
d. All of the above.

15. It is the process by which the management assesses.

a. Strategy Evaluation c. Strategy Formulation
b. Strategy Implementation d. Analysis

II. List down the 5 strategic management process and explain briefly each process. (2pts each)
III. Read each questions carefully and discuss your answers comprehensively. (5 pts. each)
1. How can you apply strategic management in your daily life?
2. How strategic management process is applied in business?
3. Why is strategic management important to business?
4. How do strategic plans help a firm to develop its competitive advantage?
5. What is strategy? Give example.
6. Should an organization change strategies when performance declines?
7. How do a SWOT analysis help managers in the strategic decision – making process?