Podcast
Questions and Answers
Which of the following is not one of the basic elements of strategic management?
Which of the following is not one of the basic elements of strategic management?
- Environmental scanning
- Performance measurement (correct)
- Strategy formulation
- Strategy implementation
Which theory suggests that organizations adapt by imitating successful organizations?
Which theory suggests that organizations adapt by imitating successful organizations?
- Organizational learning theory
- Institution theory (correct)
- Learning organization theory
- Strategic choice perspective
Which of the following is not a characteristic of a learning organization?
Which of the following is not a characteristic of a learning organization?
- Focuses on solving problems systematically
- Modifies its behavior to reflect new knowledge and insights
- Lacks the ability to experiment with new approaches (correct)
- Skilled at creating, acquiring, and transferring knowledge
Which of the following is the most important step in the basic model of strategic management?
Which of the following is the most important step in the basic model of strategic management?
Which theory suggests that organizations adapt to change and have the ability to reshape their environment?
Which theory suggests that organizations adapt to change and have the ability to reshape their environment?
Which of the following is not a main activity of a learning organization?
Which of the following is not a main activity of a learning organization?
What do corporate business functional policies provide?
What do corporate business functional policies provide?
Which of the following is NOT part of the strategy implementation process?
Which of the following is NOT part of the strategy implementation process?
What is the purpose of evaluation and control in strategic management?
What is the purpose of evaluation and control in strategic management?
What is the end result of organizational activities in strategic management context?
What is the end result of organizational activities in strategic management context?
Which element triggers a change in strategy according to the text?
Which element triggers a change in strategy according to the text?
What mode of strategic decision making focuses on adapting to environmental changes?
What mode of strategic decision making focuses on adapting to environmental changes?
What is the primary purpose of environmental scanning according to the text?
What is the primary purpose of environmental scanning according to the text?
What is the purpose of strategy formulation according to the text?
What is the purpose of strategy formulation according to the text?
Which of the following is NOT a key aspect of an effective vision according to the text?
Which of the following is NOT a key aspect of an effective vision according to the text?
What is the primary purpose of a mission statement according to the text?
What is the primary purpose of a mission statement according to the text?
What is the primary purpose of strategic commitments according to the text?
What is the primary purpose of strategic commitments according to the text?
Why is a vision important according to the text?
Why is a vision important according to the text?
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