External environmental assessment factor

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1. Often times, key stakeholders are hesitant to participate in the strategic issues. Identify TWO reasons why?

a. No time

b. Already participated in a prior strategic planning process

c. Truly, the staff already knows the answers

d. They may feel embarrassed at their lack of knowledge on the subject presented to them.

2. Which one is NOT an external environmental assessment factor?

a. Forces and trends b. Outdated accounting computer software c. Key source controllers d. Actual or potential competitors or collaborators

3. Is the following statement True or False: The benefit of strategic issue identification is it helps the nonprofit organization’s leadership establish a budget for the upcoming fiscal year.

True

False

4. Supply strategies that are designed to exploit market opportunities and organizational strengths to give the buying organization an advantage in the marketplace are known as:

risk-management strategies.

assurance-of-supply strategies.

cost-reduction strategies.

competitive-edge strategies.

supply chain support strategies.

Reference no: EM132210589

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