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1.
When defining strategic management the most important thing to
remember is that it is:
a.
b.
*c.
d.
e.
2.
As a general statement it can be said that the earliest strategic
managers were generally involved in:
*a.
the military
b.
ruling countries
c.
d.
e.
3.
In recent years the teachings and writings of Sun Tzu have enjoyed a
revival because of the perceived relevance to:
a.
*b.
c.
d.
e.
4.
Which of the following was responsible for a model of strategy which
attempted to create a balance between efficiency and effectiveness?
a.
Sun Tzu
b.
Max Weber
c.
*d.
e.
Adam Smith
5.
Which of the following developed systems which combined both the
physical and psychological needs of workers?
a.
Max Weber
b.
*c.
d.
Henri Fayol
e.
Adam Smith
6.
Which of the following is not a feature of Max Webers ideal type of
bureaucracy?
a.
b.
*c.
d.
e.
7.
Henry Mintzberg was responsible for developing a multidimensional
approach to strategy based on the five Ps. Which of the following are the
correct five Ps?
*a.
b.
c.
d.
e.
8.
Which of the following is not one of Porters five forces that impact
on competition?
a.
b.
*c.
d.
e.
9.
An organisation's strategy:
a.
*b.
c.
tends to be formed at the same time the mission is developed and objectives
are formulated
d.
is usually conceived at a single time when managers sit down and work out a
comprehensive strategic plan for the next 3-5 years
e.
strategic analysis
*b.
c.
strategy formulation
d.
strategy implementation
e.
competitive advantage.
a.
b.
*c.
Future-oriented
d.
e.
*b.
It helps improve the political, economic, social and technological environment
of the organisation
c.
It helps orientate management decisions to relevant environmental
conditions
d.
e.
Organisations using it significantly outperform their own past results and the
results of those organisations not using it
13. Which of the following defines what business or businesses the firm is
in or should be in?
a.
Business strategy
*b.
Corporate strategy
c.
Functional strategy
d.
National strategy
e.
14. Which of the following defines how each individual business unit will
attempt to achieve its mission?
*a.
Business strategy
b.
Corporate strategy
c.
Functional strategy
d.
National strategy
e.
Corporate mission
Competitive strategy
b.
Corporate strategy
*c.
Operational strategy
d.
National strategy
e.
Mission strategy
*b.
c.
d.
Developing a strategy
e.
determining how the organisation can be more market and efficiency oriented
c.
d.
e.
b.
*c.
d.
Choosing whether to make decisions autocratically or on the basis of
participation
e.
*b.
exist at the line of business level, the product line level, and are also found in
not-for-profit organisations
c.
d.
entail operating and administrative responsibilities but do not involve
entrepreneurial responsibilities
e.
none of these
the steps that strategic planners always go through in writing the strategic
d.
the sequence with which managers move from one phase of the process to
the next
*e.
none of these
1.
Certain principles of strategic management are timeless and can be used in
many different organisations. -T
2.
Military strategy may have been where it all began but the principles are
really only relevant to military situations. - F
3.
4.
The book, The Wealth of Nations is Mintzbergs most important contribution
to strategic management. - F
5.
Determining the best way of performing a task was directly related to the
author of Principles of Scientific Manageent written by Frederick Winslow Taylor. -T
21. Innovation is an essential part of successful organisations. -T
22. The process of innovation in an organisation is not a natural one. -T
23. Strategic management is a process that does not require strong leadership. - F
24. Strategic management is best described as an intellectual, technical pursuit. F
25. Strategic management is a complex process. -T