Organizational Strategy and the Strategic Planning Cycle Quiz
8 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

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 (D)</p> Signup and view all the answers

How are programs formally authorized in an organization?

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

What does OPM do to align the organization with strategy?

<p>Maximizes the delivery of strategy (C)</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 (C)</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 (D)</p> Signup and view all the answers

More Like This

Use Quizgecko on...
Browser
Browser