10 Questions
The Organizational Profile provides a 'finer picture' of the various organizational parts and sets the context for good strategic decisions.
False
The second group of questions in the Baldrige Organizational Profile is listed under the heading 'Organizational Environment'.
False
The term 'management challenges' refers to pressures that exert a decisive influence on an organization's likelihood of future success.
False
Strategic challenges are frequently driven by an organization's future competitive position relative to other providers of similar products or services.
True
Strategic objectives are what an organization must change or improve to remain or become competitive.
True
Mission statements typically include a definition of products and services, technologies used, markets served, customer needs, and distinctive competencies of the organization.
True
A strategy integrates an organization’s major goals, policies, and action sequences into a cohesive whole.
True
Mission is the pattern of decisions that determines and reveals an organization’s goals, policies, and plans to meet the needs of its stakeholders.
False
Strategic planning involves envisioning the organization’s future and developing goals, objectives, and action plans to achieve that future.
True
A key role of strategic planning is to align work processes and learning initiatives with an organization’s strategic directions.
True
Test your knowledge on the concepts of strategy and mission in organizations. Determine whether statements about strategy and mission are true or false.
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