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Which of the following is the least formal approach to setting the strategy process?
Your Answer correctWhich of the following is the least formal approach to setting the strategy process?Multiple choice question.strategic planningscenario planningReason: This is a relatively formal, top-down planning approach.top-down strategic planningstrategy as planned emergencecorrect...
Read MoreWhich of the following is the least formal approach to setting the strategy process?
Your Answer correctWhich of the following is the least formal approach to setting the strategy process?Multiple choice question.strategic planningscenario planningReason: This is a relatively formal, top-down planning approach.top-down strategic planningstrategy as planned emergencecorrect...
Read MoreWhich of the following are characteristics of the strategic plan that makes up an intended strategy?
Your Answer correctWhich of the following are characteristics of the strategic plan that makes up an intended strategy? Multiple select question.ImprovisedRationalcorrectStructuredcorrectTop-downcorrectCorrect AnswerQuestionRationalStructuredTop-down...
Read MoreA(n) is a statement of principles to guide an organization as it works to achieve its vision and fulfill its mission.
A(n) Blank______ is a statement of principles to guide an organization as it works to achieve its vision and fulfill its mission.Multiple choice question.core values statementcorrectupper echelons theorybusiness strategystrategic commitmentCorrect AnswerQuestioncore values statement...
Read MoreStrategy that emerges from the bottom up is almost always chaotic and uncontrollable.
Your Answer correctStrategy that emerges from the bottom up is almost always chaotic and uncontrollable. True false question.TrueReason: Through planned emergence, managers can evaluate and coordinate bottom-up strategy emergence.FalsecorrectCorrect AnswerQuestionFalse...
Read MoreA outlines what an organization does, while a vision outlines what the organization wants to do.
A missionField 1Field 1 mission , Correct Unavailable outlines what an organization does, while a vision outlines what the organization wants to do....
Read MoreWhich of the following statements about scenario planning is true?
Your Answer correctWhich of the following statements about scenario planning is true?Multiple choice question.It asks the question, "What are the core values?"It starts with a top-down approach.correctIt takes place at the corporate level but not the business level of strategy.It assumes that c...
Read MoreWhat kind of vision statement defines a company by describing its interest in developing solutions to consumer problems?
What kind of vision statement defines a company by describing its interest in developing solutions to consumer problems?Multiple choice question.business-orientedproduct-orientedmarketing-orientedcustomer-orientedcorrectCorrect AnswerQuestioncustomer-oriented...
Read MoreTop-down strategy is derived from .
Your Answer correctTop-down strategy is derived from Blank______.Multiple choice question.planned emergence strategyscenario planningrepresentational political systemsmilitary strategycorrectCorrect AnswerQuestionmilitary strategy...
Read MoreA vision statement defines a business by describing the goods or services it produces or offers.
Your Answer correctA Blank______ vision statement defines a business by describing the goods or services it produces or offers.Multiple choice question.marketing-orientedcustomer-orientedproduct-orientedcorrectbusiness-orientedCorrect AnswerQuestionproduct-oriented...
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