Fundamentals of Strategic Management Quiz
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Questions and Answers

Which of the following best describes strategic management?

  • A framework for managing organizations
  • A process of planning and implementing business policies and strategies (correct)
  • The consequence of planning
  • The starting point of planning
  • What is the importance of strategic management?

  • It is a limitation of management
  • It is only important for government and not-for-profit organizations
  • It is a framework for managing organizations
  • It helps organizations achieve their goals and objectives (correct)
  • At which level does strategy operate in an organization?

  • Different levels of the organization (correct)
  • Only at the business level
  • Only at the functional level
  • Only at the corporate level
  • What is the consequence of planning according to Henry Mintzberg?

    <p>Strategy</p> Signup and view all the answers

    What is the starting point of strategy according to Henry Mintzberg?

    <p>Planning</p> Signup and view all the answers

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