18 Questions
Which of the following is not one of the basic elements of strategic management?
Performance measurement
Which theory suggests that organizations adapt by imitating successful organizations?
Institution theory
Which of the following is not a characteristic of a learning organization?
Lacks the ability to experiment with new approaches
Which of the following is the most important step in the basic model of strategic management?
All steps are equally important
Which theory suggests that organizations adapt to change and have the ability to reshape their environment?
Strategic choice perspective
Which of the following is not a main activity of a learning organization?
Focusing on short-term financial performance
What do corporate business functional policies provide?
Connection between strategy formulation and implementation
Which of the following is NOT part of the strategy implementation process?
Feedback analysis
What is the purpose of evaluation and control in strategic management?
To monitor activities and performance results
What is the end result of organizational activities in strategic management context?
Performance
Which element triggers a change in strategy according to the text?
External intervention
What mode of strategic decision making focuses on adapting to environmental changes?
Logical incrementalism
What is the primary purpose of environmental scanning according to the text?
To disseminate information to key people within the organization
What is the purpose of strategy formulation according to the text?
To develop long-range plans to manage environmental opportunities and threats in light of organizational strengths and weaknesses
Which of the following is NOT a key aspect of an effective vision according to the text?
Provides a detailed plan for the organization's future
What is the primary purpose of a mission statement according to the text?
To describe what the organization does, the products and services it provides, and the markets in which it competes
What is the primary purpose of strategic commitments according to the text?
To achieve the organization's mission and are costly, long-term oriented, and difficult to reverse
Why is a vision important according to the text?
It helps employees feel part of something bigger than themselves
Test your knowledge on various organizational adaptation theories including institution theory, strategic choice perspective, and organizational learning theory. Explore concepts such as strategic flexibility and creating a learning organization.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
