MGT-6370A - Strategic Management oed answer key
Showing 101 to 120 of 138 total answers.
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Awesome StudentQuestion • Strategic Management
Strategy must be uniform enough so that it can beefficiently followed by the subordinates.
Answer
FALSE
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Awesome StudentQuestion • Strategic Management
Creating competitive advantage through effective management of the strategy-making process.
Answer
Strategic Leadership
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Awesome StudentQuestion • Strategic Management
Organizations need to set adequate and appropriate objective to cover all performance areas.
Answer
TRUE
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Awesome StudentQuestion • Strategic Management
Selecting strategies based on analysis of an organization's external and internal environment.
Answer
Strategy Formulation
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Awesome StudentQuestion • Strategic Management
It is designed to help potential shareholders and investors understandthe purpose of the company.
Answer
Mission Statement
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Awesome StudentQuestion • Strategic Management
Strategy is concerned with both thought and actions. While policy isconcerned mostly with action.
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Awesome StudentQuestion • Strategic Management
It allows fewer resources and less time to be devoted to correcting erroneous or ad hoc decisions.
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Awesome StudentQuestion • Strategic Management
Strategy Implementation ensures the long-term survival of the firm while coping with competition and
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Awesome StudentQuestion • Strategic Management
Technological advancement can create new advantages that are more powerful than existing advantages.
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Awesome StudentQuestion • Strategic Management
The quality of the objectives can be judge on the basis of its ability to give scientific direction.
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Awesome StudentQuestion • Strategic Management
Some organization do not engage in strategic planning because managers and employees show no support.
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Awesome StudentQuestion • Strategic Management
It is an involved, intricate, and complex process that takes an organization into uncharted territory.
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Awesome StudentQuestion • Strategic Management
Strategic objectives should not be communicated to the employees to protect the important information.
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Awesome StudentQuestion • Strategic Management
It is the framework used to evaluate a company's competitive position and todevelop strategic planning.
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Awesome StudentQuestion • Strategic Management
Strategy Evaluation is where the organization’s mission, objectives, andstrategies are defined and set.
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Awesome StudentQuestion • Strategic Management
Statement of how employees should conduct themselves and their business to help achieve the company mission.
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Awesome StudentQuestion • Strategic Management
Need very little capital expenditure but return high levels of cash income. Can be used to finance the stars.
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Awesome StudentQuestion • Strategic Management
It is a method or plan chosen to bring about a desired future, such as achievement of a goal or a solution to a problem.
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Awesome StudentQuestion • Strategic Management