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Strategic Investment Decisions and Technology Impact Quiz

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Strategic Investment Decisions and Technology Impact Quiz

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Questions and Answers

The strategic options available to the company might include joint ventures, outsourcing the work, sub-contracting or investing in new technologies

True (A)

Changes in technology can require huge and speculative investment decisions

True (A)

A risk assessment of strategic options needs to be undertaken, including an analysis of stakeholder expectations, existing customer requirements and existing staff skills

True (A)

Detailed risk assessment of strategic options will ensure that the board has the best available information in order to make correct strategic decisions

True (A) Signup and view all the answers

Events and other circumstances that could reduce the successful delivery of strategy should not be identified

False (B) Signup and view all the answers

What factors should be considered in a risk assessment of strategic options?

Analysis of stakeholder expectations, existing customer requirements, existing staff skills, and SWOT analysis. Signup and view all the answers

What are some strategic options available to a company?

Joint ventures, outsourcing, sub-contracting, and investing in new technologies. Signup and view all the answers

Why is detailed risk assessment of strategic options important for the board?

To ensure they have the best available information for making correct strategic decisions. Signup and view all the answers

What could reduce the successful delivery of strategy?

Events and other circumstances. Signup and view all the answers

Why might changes in technology require huge and speculative investment decisions?

Due to untested new technology or availability of alternative technologies. Signup and view all the answers

Strategic Investment Decisions and Technology Impact Quiz

Choose a study mode

Podcast

Questions and Answers

The strategic options available to the company might include joint ventures, outsourcing the work, sub-contracting or investing in new technologies

Changes in technology can require huge and speculative investment decisions

A risk assessment of strategic options needs to be undertaken, including an analysis of stakeholder expectations, existing customer requirements and existing staff skills

Detailed risk assessment of strategic options will ensure that the board has the best available information in order to make correct strategic decisions

Events and other circumstances that could reduce the successful delivery of strategy should not be identified

What factors should be considered in a risk assessment of strategic options?

What are some strategic options available to a company?

Why is detailed risk assessment of strategic options important for the board?

What could reduce the successful delivery of strategy?

Why might changes in technology require huge and speculative investment decisions?

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