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I) In a SWOT analysis, an organizational weakness can be:
A. Something an organization does not do wellB. An important resource that an organization does not possessC. Either deliberate or emergentD. A sustainable competitive advantageE. A and B are both correct
II) Corporate strategy formulation deals primarily with:
A. How firms compete in the business areas they have selectedB. High level financial analysisC. The details of how the functional areas should work together to achieve the mission and goals of an organizationD. The selection of business areas in which the firm will competeE. All of the above
III) Corporate level decisions are typically made by:
A. Low-level employeesB. The CEO and/or board of directorsC. Functional managersD. Department headsE. Stockholders
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