Which step is the first step of strategic planning process

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Reference no: EM132211542

1. Which of the following is NOT among the top management concerns presented in the chapter?

Business productivity

IT personnel

Innovation

Security and privacy

Revenue-generating

2. Which of the following is not a quadrant in the Priority Matrix?

Evaluate

Imperatives

Stay Away

Wins

Dogs

3. Because of regulations and laws within the banking industry, what is most likely the potential threat of new entries for that industry?

Low

High

Medium

Rare

Impossible to calculate

4. The strategic planning process is __________, which requires managers to revisit earlier steps.

iterative

redundant

cooperative

seamless

retroactive

5. What does SWOT stand for?

Software, wisdom, openness, technology

Strengths, weakness, opportunities, threats

Strengths, wikis, opportunities, technology

Systems, weakness, open source, threats

Strategy, wisdom, opportunities, technology

6. Which step is the first step of the strategic planning process?

Information systems assessment

Information systems vision

Information systems architecture

Strategic business planning

Strategic initiatives identification

7. What is maximizing customer satisfaction by adding value strategically?

Positioning for speed

Critical Success Factors

Superior stakeholder satisfaction

Positioning for surprise

Simultaneous strategic thrusts

Reference no: EM132211542

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