Question 1

In understanding an organization's functioning from a strategic perspective, it is necessary to recognize that

Options :

A : the processes, systems, and people are interrelated and interdependent.

B : each department works independently of the others.

C : the product/service sector in which it is categorized is unique and independent.

D : the leader is well recognized in the business community.

Answer: A

Question 2

Employee commitment should be secured at what point in the strategic management process?

Options :

A : As early as possible

B : Once key analysis has been completed

C : After senior managers have made asset allocation decisions

D : Not until the vision has been approved

Answer: A

Question 3

Which of the following often needs to be reworked to make it more strategy-supportive, as a crucial part of the implementation process?

Options :

A : Budget

B : Ethical framework

C : Execution process

D : Zero-defects mentality

Answer: C

Question 4

Which of the following is an essential element of any environmental scan?

Options :

A : Long-term climate predictions

B : Workload analysis

C : Competitive analysis

D : Management biographies

Answer: C

Question 5

How often should key stakeholders have access to project status information?

Options :

A : When decisions are required

B : When the outcomes are achieved

C : Anytime they want

D : At key milestone markers

Answer: D

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