Corporate?level decisions are typically made by

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Reference no: EM132177857

1. Strategic Management includes the following:

A. Establishment of strategic direction

B. Implementation of strategies

C. Analysis of the internal environment

D. Strategic restructuring

E. All of these are true

2. Which of the following is not a stakeholder of an organization?

A. Employees

B. Stockholders

C. Customers

D. Competitors

E. These are all stakeholders. None of the above answers is correct.

3. All of the following are members of an organization's task environment except:

A. Activist Groups

B. Managers

C. Suppliers

D. Financial Intermediaries

E. Local Communities

4. In a SWOT analysis, an organizational weakness can be:

A. Something an organization does not do well

B. An important resource that an organization does not possess

C. Either deliberate or emergent

D. A sustainable competitive advantage

E. A and B are both correct

5. Corporate strategy formulation deals primarily with:

A. How firms compete in the business areas they have selected

B. High level financial analysis

C. The details of how the functional areas should work together to achieve the mission and goals of an organization

D. The selection of business areas in which the firm will compete

E. All of the above

6. Corporate?level decisions are typically made by:

A. Low-level employees

B. The CEO and/or board of directors

C. Functional managers

D. Department heads

E. Stockholders

7. Which of the following is not an element of stakeholder analysis?

A. Identifying stakeholders

B. Financially motivating stakeholders

C. Prioritizing stakeholders

D. Assessing stakeholder needs and collecting ideas from stakeholders

E. Integrating knowledge about stakeholders into the strategic management process

Reference no: EM132177857

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