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Manager as a Planner and Strategist
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Manager as a Planner and Strategist

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Questions and Answers

What are the three main steps of the planning process?

  • Setting goals, mobilizing resources, and predicting the future
  • Identifying, selecting goals, and predicting the future
  • Setting goals, implementing strategies, and mobilizing resources (correct)
  • Identifying, selecting goals, and implementing strategies
  • What is the purpose of business-level strategies?

  • To provide a competitive advantage (correct)
  • To predict future contingencies
  • To strengthen corporate-level strategies
  • To mobilize organizational resources
  • What is the role of managers in implementing strategies?

  • Predicting future contingencies
  • Strengthening corporate-level strategies
  • Achieving organizational mission and goals (correct)
  • Selecting appropriate goals
  • What does the organizational plan resulting from the planning process include?

    <p>Goals and specific strategies</p> Signup and view all the answers

    How do corporate-level strategies strengthen a company's business-level strategy?

    <p>By providing a competitive advantage</p> Signup and view all the answers

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