Strategic Thinking in Business Quiz
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Questions and Answers

What is the main focus of strategic thinking?

  • Thinking long term and defining long-term goals (correct)
  • Avoiding pitfalls in the short term
  • Controlling external factors and regulations
  • Maximizing short-term profits
  • Why is strategic thinking important for businesses?

  • To ignore external factors and focus on short-term goals
  • To consider the impact of external factors and plan for the long term (correct)
  • To maximize short-term profits and avoid pitfalls
  • To focus on controlling uncontrollable factors
  • What is the theory behind a thoughtful strategic process?

  • To focus on factors that can be controlled and drive vision to solve problems (correct)
  • To try to control uncontrollable external factors
  • To maximize short-term profits and avoid pitfalls
  • To ignore external factors and focus on short-term goals
  • What does the speaker suggest about the approach of many companies towards strategic thinking?

    <p>Many companies do not prioritize strategic thinking and focus on short-term value</p> Signup and view all the answers

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