Introduction to Strategic Management – Test 1

Business policy tends to emphasize on which aspect of strategic management ?

In large organization strategies are formulated at which level ?

Which of these serves as a corporate defense mechanism against mistakes & pitfalls?

Which is a self-contained division?

Successful hospital strategy for future will require renewed & deepened collaboration with ______.

Which is used with reference to a key group in an organization in-charge of its affairs ?

Which is a planned strategy ?

Which is not an advantage of strategic management?

Who is the head of the division?

Whole Strategic landscape of healthcare is changing because of _________.

Which is a set of interrelated functions & processes carried out by management of an organization to attain its objective ?

Which is adaptive reaction to changing business environment ?

Which is not the limitation of strategic management ?

Functional level managers are concerned with _________.

Public enterprise generally cannot diversify into__________.

Which of these is something that has to do with war & ways to win over enemy ?

Which strategy is used by companies to cope up with uncertain business environment ?

In competitive environment it is difficult to clearly estimate _______ about firm’s strategies.

Who is more closer to the customers?

Who enjoys more freedom in strategic decision making?

Which of these seeks to relate the goals of organization to the means of achieving them ?

When market & competitive conditions take an unexpected turn then required strategy is _______.

In which level there are no general managers ?

Organization can be classified as _________ on the basis of interest they have.

When did integrative course introduced in Harvard Business School?

What is a unified, comprehensive & integrated plan designed to assure that basic objectives of enterprise are achieved ?

What is required by companies to meet changing condition in their industries ?

Corporate level of management does consists of ________.

Who said that ‘I believe we do a far better job of strategic management than any company I know?

Strategy is not a ________ for sound, alert & responsible management ?