Organizational Strategy and the Strategic Planning Cycle Quiz
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Questions and Answers

Which of the following is NOT a factor that influences the development of organizational strategy?

  • Government regulations
  • Employee preferences (correct)
  • Customer requests
  • Market dynamics

    • What is the purpose of linking portfolio management to organizational strategy?

  • To establish a balanced operational plan (correct)
  • To align with government regulations
  • To maximize shareholder value
  • To minimize competition

    • What does the strategic planning cycle involve?

  • Translating vision and mission into a strategic plan (correct)
  • Analyzing competitor plans and actions
  • Maximizing shareholder value
  • Executing organizational initiatives

    • What are the organizational initiatives influenced by?

    <p>All of the above</p> Signup and view all the answers

    How are programs formally authorized in an organization?

    <p>By means of initiative selection and authorization process</p> Signup and view all the answers

    What does OPM do to align the organization with strategy?

    <p>Maximizes the delivery of strategy</p> Signup and view all the answers

    What is the purpose of aligning the strategic goals of the organization with operations?

    <p>To ensure optimum assignment of talent, knowledge, and capital resources</p> Signup and view all the answers

    What does OPM deploy for the creation and delivery of strategic business results?

    <p>Portfolio of programs and projects</p> Signup and view all the answers

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