Scribd Logo
Upload

Welcome to Scribd!

  • 512 views

    Midterm Examination in Strategic Management

    Uploaded by

    satoukookie
    This midterm examination tests knowledge of strategic management concepts. [1] It contains multiple choice and true/false questions about topics like the current competitive environment, the definition and purpose of strategic management, and key aspects of the strategic planning process. [2] Questions cover scanning the internal and external environment, identifying competitors' strategies, defining stakeholders and their roles, and explaining the relationships between strategic management, logistics, supply chain management, and manufacturing. [3] The exam evaluates understanding of concepts like globalization, hypercompetition, and how strategic management enables organizations to achieve goals and objectives.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Midterm Examination in Strategic Management

    Uploaded by

    satoukookie
    512 views2 pages
    This midterm examination tests knowledge of strategic management concepts. [1] It contains multiple choice and true/false questions about topics like the current competitive environment, the definition and purpose of strategic management, and key aspects of the strategic planning process. [2] Questions cover scanning the internal and external environment, identifying competitors' strategies, defining stakeholders and their roles, and explaining the relationships between strategic management, logistics, supply chain management, and manufacturing. [3] The exam evaluates understanding of concepts like globalization, hypercompetition, and how strategic management enables organizations to achieve goals and objectives.

    Original Description:

    Original Title

    STRAMA (Midterm)

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This midterm examination tests knowledge of strategic management concepts. [1] It contains multiple choice and true/false questions about topics like the current competitive environment, the definition and purpose of strategic management, and key aspects of the strategic planning process. [2] Questions cover scanning the internal and external environment, identifying competitors' strategies, defining stakeholders and their roles, and explaining the relationships between strategic management, logistics, supply chain management, and manufacturing. [3] The exam evaluates understanding of concepts like globalization, hypercompetition, and how strategic management enables organizations to achieve goals and objectives.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    512 views2 pages

    Midterm Examination in Strategic Management

    Uploaded by

    satoukookie
    This midterm examination tests knowledge of strategic management concepts. [1] It contains multiple choice and true/false questions about topics like the current competitive environment, the definition and purpose of strategic management, and key aspects of the strategic planning process. [2] Questions cover scanning the internal and external environment, identifying competitors' strategies, defining stakeholders and their roles, and explaining the relationships between strategic management, logistics, supply chain management, and manufacturing. [3] The exam evaluates understanding of concepts like globalization, hypercompetition, and how strategic management enables organizations to achieve goals and objectives.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Midterm Examination in Strategic Management

    I. Multiple Choice: Read each item carefully, Write the correct letter in the blank

    a. 1. The current situation of competition today?

    a. Is highly threatening
    b. Static
    c. Friendly and Motivating

    b. 2. Strategic Management?

    a. Coming up with organizational policies


    b. A continuous process of strategy creation
    c. Managing people

    c. 3. Strategic Decision-Making is greatly demonstrated when?

    a. All employees are happy and content


    b. The stakeholder earns good profits
    c. The right resources for the right markets at the right

    b. 4. The strategic objectives of an organization are?

    a. Are general in nature


    b. Are specific in nature
    c. Are environmental in nature

    c. 5. When an organization scans the environment?

    a. It studies both Internal and external environment that focuses on challenges and Conflicts
    b. It studies both Internal and external environment that focuses on strengthening the organization
    c. It studies both Internal and external environment that focuses on information that strengthen the Org.

    b. 6. Studying competitors means?

    a. Determining the similar product or service offerings in order to fulfill the competitiveness
    b. Identifying the strategies that are applicable in sustaining the competitive advantages
    c. Observing the variables that affects the strategies towards rivals

    b. 7. This is considered as the Business caretakers?

    a. Managers/Management
    b. Government/Nation
    c. Employees/staff
    b. 8. Delays in delivery schedules may cause inventory problems, means like?

    a. Management problems
    b. Logistics pull over due to lockdown
    c. Stockout

    c. 9. The process of producing output through raw materials are?

    a. Manufacturing firm/Operation
    b. Manufacturing industry/Organization
    c. Manufacturing/ assembly

    c. 10. It concretizes Supply Chain Management?

    a. Value chain Management


    b. Strategic Management
    c. Logistics

    II. Identify True or False: Write True if the underlined word or statement is correct and if False write the
    correct answer.

    True 11-12. Globalization compromise the following People, Ideas, Money and Product &
    Services.

    True 13-14. Rise of China is one of the most potent economic markets in the world today. It
    is seen both as a supplier a big market.

    Heightened 15-16. Hyper-competition is a situation where both globalization and technology


    collaborate to create a lowered cut-throat situation.

    True 17-18. Strategic Management is a science of creating, executing, and evaluating cross
    functional decision to enable an organization to achieve goals and objectives.

    Annual/Yearly Plan 19-20. Medium/Long range plan are prepared succinctly describes organization
    situation with the budget allocated in one year ahead.

    You might also like