Question 1

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 2

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

Question 3

Which of the following is NOT characteristic of key stakeholders?

Options :

A : Stakeholders are uninterested in strategic plans

B : Stakeholders can have an impact on the strategic plan

C : Some stakeholders are more critical to change efforts than others

D : Stakeholders are rightfully interested in the outcome of any change management process

Answer: A

Question 4

Which of the following is the FIRST thing to do when an organization needs change?

Options :

A : Interview employees to get different perspectives about the changes

B : Analyze what the strategic change entails from a modular and integrated perspective

C : Eliminate all out-of-date aspects of the system

D : Communicate clearly why change is necessary

Answer: D

Question 5

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

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