Reference no: EM132161688
1. T/F A strategy is a set of actions that managers take to decrease their company’s performance relative to rivals.
2. The formal strategic planning process does not include which of the following:
a. Analyze the external competitive environment to identify strategic opportunities and threats in the operating environment
b. Select the corporate mission statement and major goals
c. Implement the strategy at every level of the company
d. Analyze the internal competitive environment to pinpoint the strengths and weaknesses of the organization
e. Perform a test pilot for the organization.
3. The formal planning model does not consider:
a. The unpredictability of the real world
b. The role of lower-level managers
c. That success is often unplanned or serendipitous
d. All of the above.
4. T/F federalism is the doctrine that the powers of government are shared between the states and the federal government
5. T/F Judicial review is the power of the courts to review and invalidate legislation that violates the US constitution.