Strategic Management Process – Test 2

Which strategy actually steers the firms towards success?

Generally, result of strategic implementation are seen on which basis?

Which of these implies blueprint of the company’s future position & despite organization’s aspirations?

Which is the end result that organization want to achieve ?

“To be a world class corporate constantly furthering interest of all its stakeholders’’ is vision of ______.

Which of these is the expression of growth ambition of the firm ?

Which is not the characteristic of objectives ?

The managerial purpose of setting _______ is to convert the strategic vision into specific performance targets – results and outcomes the management wants to achieve.

Which is the heart & soul of managing a business enterprise?

Which of these is dynamic & uncertain?

________ means deciding what need to done in future & generating blueprint for action ?

__________Refers to purposes of what the organization strives for?

Which of these delineates the firm’s business, its goals & ways to reach goals ?

Which is time-based measurable targets, which help in accomplishment of goals ?

Which of these are central to strategic planning ?

Which of these serves as justification for the firm’s very presence & existence ?

By spelling out ________ management indicates speed at which longer-range targets are to be approached?

Which of these provides the basis for major decision of the firm & also said the organizational performance to be realized at each level ?

Which is not the stage of strategic management ?

Which is not involved in organizational analysis ?

Which of these involves determination of the course of action to attain the predetermined objectives?

________can be understand as the philosophical base of strategic management.

Which of these explain the reason for existence of firm & identify what business company undertakes?

Which of these does not explain the philosophy of organization ?

Which is not the reason for having mission statement in organization ?

Business organization translate their vision & mission into ________ ?

What should be considered before setting long-term objectives?

Strategic management process is cleanly divided and neatly performed in practice as ________ suggests.

Top management views & conclusion about company’s direction & product-customer-market technology focus constitute ________ for company.

Which of these is operation-oriented, activity aimed at shaping performance of core business activities?